The growing demand of tinplate in food and beverages and electrical machinery is driving the market demand. Rising usage of various metals in packaging processed food, carbonated and alcoholic beverages are fueling the market growth. Rise in disposable income, expanding retail chains, shifting focus towards ready to eat food product are some of the factors pushing the demand of tinplate packaging. In addition to this, superior moisture & corrosion resistance, good mechanical strength, and excellent solderability are expanding its usage across cosmetic, pharmaceutical, food and beverage industry.
The latest report by Value Market Research expects the Global Tinplate Packaging Market to reach USD 9.5 billion by 2024. It was valued USD 8.2 billion in 2017. The report foresees a 2.2% CAGR from 2018 to 2024.
FOOD AND BEVERAGES DOMINATED THE SEGMENT
In 2018, food and beverages emerged as the leading application segment. Growing population, rise in per capita income and shifting preference towards canned food products is driving the segment growth. Expansion of organized and unorganized retail chains is again favoring the segment growth.
NORTH AMERICA AND EUROPE ACCOUNTED FOR MAXIMUM MARKET SHARE
In 2018, North America and Europe held the highest market share owing to growing per capita income, busier lifestyle and the ongoing trend of consuming canned food and beverages. Expansion of metal food packaging facilities by major players to cater to the demand is further contributes immensely in regional market growth.
MAJOR VENDOR OF THE MARKET
Some of the prominent players of the market are AJ Packaging Limited, Tinplate Company, Zenith Tins, and others.
As per this study the Global Tinplate Packaging Market was valued USD 8.2 BN (by revenue) in 2018 and is anticipated to reach USD 9.5 BN by 2025 with a CAGR of 2.2%.
Tinplate is used to make all types of containers such as beverage cans, food cans, 18-liter cans, and artistic cans. Its applications are not limited to containers, but this is also been used for producing electrical machinery parts and many other products. Tinplate is considered as an eco-friendly packaging material and provides 100 percent recyclability, any number of times, and without quality loss.
The tinplate packaging market is basically driven by ongoing urbanization, increase sales of packaged food, growing demand for aerosol products, rising demand for metal packaging in the alcohol industry, and increasing consumption of canned vegetables and foods. Also, growing demand for the product from Pharmaceuticals and cosmetics industry for packaging is again propelling the market growth of tinplate packaging. However, issues associated with steel manufacturing and flexible packaging is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of tinplate packaging.
The broad tinplate packaging market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for tinplate packaging in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Tinplate Packaging Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the tinplate packaging market include AJ Packaging Limited, Tinplate Company, Zenith Tins, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Tinplate Packaging
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Tinplate Packaging Market: Snapshot
4. TINPLATE PACKAGING MARKET ANALYSIS BY APPLICATION
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. TINPLATE PACKAGING MARKET ANALYSIS BY GEOGRAPHY
- Market In Food and Beverage
- Market In Others
6. COMPETITIVE LANDSCAPE OF THE TINPLATE PACKAGING COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
7. COMPANY PROFILES OF THE TINPLATE PACKAGING INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- AJ Packaging Limited
- Tinplate Company
- Zenith Tins
Table 1. Market Highlights Of Tinplate Packaging
Table 2. Global Tinplate Packaging Market By Application
Table 3. Global Tinplate Packaging Market By Geography
Table 4. North America Tinplate Packaging Market
Table 5. Europe Tinplate Packaging Market
Table 6. Asia Pacific Tinplate Packaging Market
Table 7. Latin America Tinplate Packaging Market
Table 8. Middle East And Africa Tinplate Packaging Market
Table 9. Partnership/Collaboration/Agreements
Table 10. Mergers And Acquisitions
Table 11. New Product Development
Table 12. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Tinplate Packaging Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Tinplate Packaging
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Tinplate Packaging Market By Application
Fig. 8. Global Tinplate Packaging Market By Geography
Fig. 9. North America Tinplate Packaging Market
Fig. 10. Europe Tinplate Packaging Market
Fig. 11. Asia Pacific Tinplate Packaging Market
Fig. 12. Latin America Tinplate Packaging Market
Fig. 13. Middle East And Africa Tinplate Packaging Market
Fig. 14. Market Share Of Tinplate Packaging Companies
Fig. 15. Recent Developments In Tinplate Packaging Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.