- The key vendors in the Global Metal Packaging Market 2015-2019 are Amcor Ltd., Ardagh Group, Ball Corp., Crown Holdings, Inc. and Rexam plc.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Metal Packaging Market 2015-2019. 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. The Global Metal Packaging market is expected to post a CAGR of 5.41 percent during 2015-2019.
“Metal packaging vendors incorporate a wide range of creative finishes in their packaging products, such as color-change, holographic effects, embossing, sparkling, lenticular, and matte. Shaping also plays a significant part in enhancing package ergonomics,” says Faisal Ghaus, Vice President of TechNavio Research.
“Packaging product manufacturers continuously experiment to enhance the physical appearance of packages and provide customized solutions to their business customers.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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