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

North America Metal Packaging Market is the biggest market for metal packaging. The main driving force in the North America region is the changing lifestyle and convenience of packaged products. The United States is a major contributor in the North America metal packaging market due to its high dependency on canned foods and beverages. The region accounts for a significant share of the metal packaging industry due to sustenance by the high concentration of consumer goods, manufacturers, and packaged goods manufacturers. Owing to this, the packaging industry in this region is well established. Stringent government regulations and standards are responsible for the escalated growth of metal packaging products in the region. Moreover, most of the organic foodstuffs consumed by consumers in the United States are meat, poultry, yoghurt, and juices. The beverage segment constitutes many new specialty drinks, like energy drinks, being delivered in cans. American brewers fill in 62% of beer volume in metal cans made and sold in the United States. Furthermore, the US reported witnessing a surge in demand for processed foods like canned soups and vegetables during the outbreak of COVID-19, affecting the metal packaging across the food industry. Advancements in packaging technology, which aids in offering metal cans with improved functional and storage features, have also been a major factor triggering the market growth. 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.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, North America Metal Packaging Market is anticipated to witness growth during the forecast period 2020-26. North America is the largest market for metal packaging followed by Asia-Pacific. The fast-paced lifestyle is leading to convenience packaging. Asia-Pacific is the fastest-growing segment, which presents huge growth opportunities for soft drink 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 the 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 North America Metal Packaging report thoroughly covers the market by type, by verticals and by countries such as the United States and Canada. North America Metal Packaging outlook report provides an unbiased and detailed analysis of the on-going North America Metal 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

• Middle East Metal Packaging Market Outlook
• Middle East Metal Packaging Market Overview
• Middle East Metal Packaging Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Middle East 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 United States Metal Packaging Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Canada Metal Packaging Market
• Market Drivers and Restraints
• Middle East Metal Packaging Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East 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:
• United States
• Canada

Frequently Asked Questions About the Market Study (FAQs):