Dublin, Dec. 15, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9w9mpr/global_metal) has announced the addition of the "Global Metal Packaging Market 2015-2019" report to their offering.
Packaging, in broader terms, refers to the technology of enclosing a product for the purpose of storage, distribution, sale, and use. Metal packaging is an essential constituent of Industrial products, such as adhesives, coatings, inks, and paints. During the entire product lifecycle, it withstands the chemical formulations and guards the product from exposure to light, air, and humidity. It is a preferred material because it is durable and versatile in nature.
Due to the composition of the metal, it provides resistance to outside temperature changes and helps products to be stored for extensive periods. The demand for metal packaging is enhanced further with the invention of new technologies that provide shaping, embossing, and decorative finishes. The new technologies provide visual appeal to exploit shelf impact, along with improvements in functionality, which augments consumer convenience.
The analysts forecast the Global Metal Packaging market to grow at a CAGR of 5.41percent over the period 2014-2019.
In the Global Packaging market, metal has been an important material due its two significant characteristics, i.e., durability and environmental resistance nature. Metal packaging is finds its application in various sectors such as Food, Beverages, Industrial, Healthcare, and Personal Care.
The report, Global Metal Packaging Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, the APAC region and the ROW; it also covers the Global Metal Packaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One major trend emerging in the market is the focus of the manufacturers on the lightweighting of packaging materials because of growing consumer preference for lightweight packaging. R&D teams of metal packaging vendors continuously innovate to produce packaging that is light and easy to carry. They incorporate various methodologies to identify and monitor improvements by tracking the changes in the average total weight of packaging.
According to the report, one of the main factors driving the growth of the Global Metal Packaging market is the increase in consumer preference for processed and packaged foods. Metal packaging is also gaining popularity because of changing consumer tastes and lifestyles, and increase in the purchase of grocery items, including frozen and chilled foods, from organized retail stores.
Further, the report states that one of the main challenges to the growth of this market is the shift in demand for plastic and flexible packaging. Plastic packaging is gaining popularity among consumers because it is light in weight.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Raw material
08. Market Segmentation by Application
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Crown Holdings
- Huber Packaging
- Kian Joo Group
- Toyo Seikan Kaisha
For more information visit http://www.researchandmarkets.com/research/9w9mpr/global_metal
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Source:Research and Markets