This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Tinplate Packaging Market

Tinplate Packaging Market

Tinplate Packaging Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Tinplate Packaging Market
FACT4615MR
  • Mar-2020
  • List of Tables : 128
  • List of Figures : 105
  • 170 Pages
  • Consumer Goods

Tinplate Packaging to Witness Heightened Demand, on Back of Suitable Replacements, Market to Register CAGR of 4.2%

Tinplate packaging industry has seen multiple micro trends in the recent years. Tinplate packaging manufacturers have been shifting away from the usage of BPA owing to its high toxicity in end-use industries.

Bisphenol-S (BPS) is one of the multiple alternatives that are being experimented with. Companies have also turned towards acrylic or polyester materials as replacements to BPA.

Companies have been showcasing their products as ‘free from BPA’ to increase demand. On the backdrop of these changes within the tinplate packaging market, the market is expected to register CAGR of 4.2% during the forecast period.

Demand for Cans to Drive Tinplate Packaging Market Growth by 1.7X

Cans account for more than one third of the market share in tinplate packaging market. Demand for cans in food industry has seen a substantial spike in the recent past, due to rapid uptake of fast moving consumer products like ready-to-eat soups.

Uptick in demand from beverages industry has also been observed, and gradual growth in this demand is expected during the forecast period.

As food and beverages industry together account for more than 80% of demand for cans, increase in demand from these sectors is expected to supplement growth of the segment in tinplate packaging market.

Cans segment is expected to be the fastest growing in tinplate packaging market, reflecting a growth of 1.7X during the forecast period.

Europe to Outperform other Regions in Tinplate Packaging Market

Europe accounts for nearly one third of the value share in tinplate packaging market. The sustainable practices deployed by the regional players has substantially increased the preference of these companies.

Europe is one of the front runners in terms of recycling, which has led to significant decrease in raw material costs for the domestic players.

Europe is projected to grow at a single digit growth rate, and is expected to show prominent growth during latter half of the forecast period.

While increase in Foreign Direct Investments (FDIs) in South Asia is expected to slightly dampen the growth of tinplate packaging in Europe, Europe will maintain its share in the tinplate packaging market.

tinplate packaging market 02

“Sustainability”, to be Key Growth Lever for Leading Stakeholders

Tinplate packaging market has been gradually growing over the years. Top players in the tinplate packaging market have been focused on increasing recyclability of their products.

Top players in the market have entered into regional collaborations through associations for increasing their efficiency in recycling.

While sustainability has been the primary driver for this impetus in recycling, significant decrease in raw material procurement costs have supplemented the proliferation of these recycling trends.

  • In 2019, Ball Corporation announced their agreement to sell its tinplate steel aerosol packaging facilities in Garin and San Luis, Argentina, to Envases del Plata S.A.
  • In the 2019 annual report, JSW Steel reported their decision of increasing their production capacity of tinplates by setting up new mill in Tarapur with capacity of 250,000 tonnes per annum. The company has already setup their tinplate mill with a capacity of 250,000 tonnes per annum in Tarapur during 2018.
  • In 2019, Ardagh Group announced an agreement to combine its Food & Specialty Metal Packaging business with Exal Corporation to form Trivium Packaging. Trivium Packaging will be headquartered in the Netherlands and will operate with 57 production facilities across Europe and the Americas.

tinplate packaging market 01

Avail customized purchase options for your needs

Global Tinplate Packaging Market: Segmentation

Segmentation table of the global tinplate packaging market has been provided below on the basis of product type, application, thickness, and region.

Product Type
  • Cans
  • Containers
  • Lids
  • Others
Application
  • Food Packaging
  • Beverages Packaging
  • Alcoholic Drinks
  • Non-Alcoholic Drinks
  • Aerosol Products Packaging
  • Cosmetics
  • Healthcare
  • Automotive
  • Others
  • Others
Thickness
  • 0.13 to 0.20 mm
  • 0.20 to 0.40 mm
  • More than 0.40 mm
Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

This taxonomy and the detailed table of content prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Brio Bowls Market

Brio Bowls Market is projected to witness steady growth by 2028. The expansion of the food service i...

Halal Logistics Market

The global halal logistic market is set to escalate at a robust annual growth rate of 9% in the fore...

Scrubber Dryer Market

Demand for walk-behind scrubber dryers rising across regions. Fact.MR explores key trends in high-gr...

Microwaveable Liquid Food Packaging Market

Microwaveable Liquid Food Packaging Market to see steady growth by 2028. Liquid food packaging indus...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.