5 trends that are influencing the global metal packaging market

According to the new report by Smithers Pira, the global metal packaging and coatings market is valued at almost $105.5 billion in 2018. Total value is forecast to increase at 1.6% year-on-year to 2023, pushing overall value to $114.4 billion. Much of this figure can be attributed to beverage cans that continue to dominate the market, holding a share of almost 45%.
The analysts have identified 5 trends and technology developments that are influencing the metal packaging market landscape: 1) Decorative techniques – a world of creativity; 2) Aerosol innovation; 3) Lightweighting; 4) Recycling and 5) Switch away from BPA (Press Release Smithers Pira, 26 July 2018).
Click here for the press release.
Click here for more information about the report.

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