Africa Metal Packaging Market (2020-2026) | Growth, Forecast, Companies, Value, Share, Revenue, Outlook, Trends, Size, Analysis, Industry & COVID-19 IMPACT

Africa Metal Packaging Market is growing due to increasing urbanization and mobility. The consumers in Africa are looking for products that offer the best value for money, such as bulk packs, discounted products, and smaller packs. It can be an opportunity for vendors to go for attractive packaging to encourage and boost sales. Moreover, the growing concern regarding the packaging of food, beverages, pharmaceuticals, and other household products are driving the market. Beverages holding the maximum market share. Furthermore, with consumers getting increasingly careful about what they consume and in what End User it is packaged, the focus towards packaging is increased, which further drive the market growth. Nigeria is witnessing a boom in the e-commerce industry owing to the growing urbanization and consumer spending, and the emergence of several startups in the region. The growing e-commerce industry in the country is expected to multiply the demand for packaging solutions in the country. Moreover, due to the Covid-19 pandemic, consumers are increasingly resorting to e-commerce for the purchase of essential daily items, such as groceries and medicines. These trends are expected to boost the demand for packaging solutions in the country. Additionally, according to the World Health Organization, the consumers of alcohol in the region are some of the heaviest drinkers globally, which boost the market growth. Also, the increase in demand from soft-drink vendors is helping bottle packaging solution providers, and packaging vendors increase their capacities in the region. However, the growth of the market might be hindered by factors such as environment-related issues about steel mining and the adoption of high- density polyethylene (HDPE) and polyethylene terephthalate (PET) bottles. Moreover, Africa being a heavy wine drinker prefers glass bottles over metal packaging. The recent outbreak of COVID - 19 made the industry suffer a hit as non-food and premium good packaging witnessed a downfall considering consumers started to cut on their spending. Furthermore, delays have been experienced due to country-specific travel restrictions and safety concerns.

According to 6Wresearch, Africa Metal Packaging Market is anticipated to witness growth during the forecast period 2020-26. The Africa metal packaging market is growing significantly, which presents huge growth opportunities for the manufacturers. The rising preference for packed food, ready to eat food and alcohol, accompanied by better and safer packaging is creating possibilities. The personal care segment and demand for youth-centric cosmetic products have potential growth opportunities in the market. Furthermore, the technological advancements in the metal packaging industry are expected to give a boost to the industry

Based on verticals, the market has been segmented into food & beverages, healthcare, personal care, chemical, and others. The segmentation of product can be done into cans & drums and barrels, caps and closures. It extends the shelf life of food & beverage products and delivers protection against light, oxygen, and bacteria. In recent time the pharmaceuticals are witnessing a rise considering the current situation of a pandemic. The ongoing efforts of the government to ban plastic completely due to environmental concerns forecasts increasing demand for metal packaging.

The Africa Metal Packaging report thoroughly covers the market by product type, material, end user and countries including South Africa, Kenya, Nigeria, Ghana and the rest of Africa. Africa Metal Packaging outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Africa Metal Packaging Market Outlook
• Africa Metal Packaging Market Overview
• Africa Metal Packaging Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Africa Metal Packaging Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By End User
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Material
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Africa Metal Packaging Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Nigeria Metal Packaging Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kenya Metal Packaging Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Ghana Metal Packaging Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Africa Metal Packaging Market
• Market Drivers and Restraints
• Africa Metal Packaging Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Africa Metal Packaging Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Product Type:
• Cans
• Caps & Closures
• Drums & Barrels
• Others
• By End User:
• Food
• Beverage
• Healthcare
• Personal Care
• Others
• By Material:
• Steel
• Aluminum
• Others
• By Countries:
• South Africa
• Nigeria
• Kenya
• Ghana
• Rest of Africa

Frequently Asked Questions About the Market Study (FAQs):