Global Tinplate Packaging Market Overview
The Global Tinplate Packaging Market accounted for US$ 134.65 billion in 2020 and is estimated to be US$ 201.06 billion by 2030 and is anticipated to register a CAGR of 4.1%.
Tinplate is a thin sheet of steel that has been coated with tin. Tinplate is regarded as one of the most adaptable and long-lasting packaging materials. Tinplate packing is a type of packaging made of tinplate steel. Tinplate packaging has anti-corrosion qualities, soldering capabilities, and is biodegradable. Tinplate packaging can be found in a variety of industries, including food and beverage, electrical and electronics, engineering, and construction. All types of containers, including beverage cans, food cans, 18-Liter cans, and artistic cans, are made with tinplate packaging. In recent years, the tinplate packaging business has seen a number of micro trends. Due to its high toxicity in end-use sectors, tinplate packaging producers have been moving away from using BPA. Bisphenol-S (BPS) is one of the numerous alternatives that are being tested. As a substitute for BPA, companies have turned to acrylic or polyester materials. To increase demand, companies have advertised their products as "BPA-free."
Global Tinplate Packaging Market Drivers & Restraints
Increasing packaged or tinned foods
The demand for tinplate packaging is increasing as the demand for packaged or tinned foods and beverages rises. The need for tinplate packaging solutions is growing in tandem with the demand for aerosol packaging. The tinplate packaging market will see even more profitable growth prospects as the demand for metal packaging in the alcoholic beverage industry grows. Tinplate's appealing attributes and characteristics, such as eco-friendliness and recyclability, will boost demand for tinplate packaging even more.
Growing environmental worries about steel manufacture
However, growing environmental worries about steel manufacture may stifle the expansion of the tinplate packaging business. Tinplate is a medium-weight packaging option. The expansion of the tinplate packaging industry would be challenged by the availability of flexible packaging options, as well as the availability of cheaper and lighter substitutes.
Global Tinplate Packaging Market Segmentations & Regional Insights
The Global Tinplate Packaging Market size is segmented by Packaging Product, Product, Application and Region.
On the basis of Packaging Product, the Global Tinplate Packaging Market is segmented into Beverage Cans, Food Cans, 18-Liter Cans and Artistic Cans. On the basis of Product, the target market is segmented into Prime Grade Tinplate, Secondary Grade Tinplate and Others. Based on Application, the market is segmented into Food and Beverages, Electrical and Electronics, Engineering, Construction and Others.
Regional Insights:
Global Tinplate Packaging Market accounted for US$ 134.65 billion in 2020 and is estimated to be US$ 201.06 billion by 2030 and is anticipated to register a CAGR of 4.1%. On region the Global Tinplate Packaging Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of value, the North American area accounted most of the market share, followed by the European and Asia-Pacific regions. Asia-Pacific, which predominantly includes rising economies like as India and China, has made remarkable growth in the metal packaging market in recent years. In 2015, North America dominated the market, accounting for 34.4 percent of the total, followed by Europe and Asia-Pacific, which accounted for 31.6 percent and 22.5 percent, respectively. The changing lifestyle and convenience of packaged items are the key driving forces in the North American region. Emerging economies like India and China have contributed significantly to the industry's increased growth pace.
|
Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Packaging Product - Beverage Cans, Food Cans, 18-Liter Cans and Artistic Cans By Product – Prime Grade Tinplate, Secondary Grade Tinplate and Others By Application – Food and Beverages, Electrical and Electronics, Engineering, Construction and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Tinplate Packaging Market report based on Packaging Product, Product, Application and Region.
Global Tinplate Packaging Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Europe
Global Tinplate Packaging Market Competitive Landscape & Key Players
The key players operating in the Global Tinplate Packaging Market includes Amcor of Limited, Ardagh Group, Alcoa Incorporated, CPMC, Manaksia Group, Emballator Metal Group, Crown Holdings, Grief Incorporated, Silgan Holdings, Rexam Plc, Jamestrong Packaging, Shetron Group, Ton Yi Industrial, Bericap Group, GM Metal Packaging Ltd., Fujian Fuzhen Metal Packaging Co. Ltd.
Global Tinplate Packaging Market Company Profile
- Amcor of Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ardagh Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Alcoa Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CPMC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Manaksia Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Emballator Metal Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Crown Holdings
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grief Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Jamestrong Packaging
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ton Yi Industrial
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Tinplate Packaging Market Highlights
FAQs
The Global Tinplate Packaging Market is segmented by packaging product, product, application and Region.
The demand for tinplate packaging is increasing as the demand for packaged or tinned foods and beverages rises grow the market of tinplate packaging.
In terms of value, the North American area accounted most of the market share, followed by the European and Asia-Pacific regions.
The key players operating in the Global Tinplate Packaging Market includes Amcor of Limited, Ardagh Group, Alcoa Incorporated, CPMC, Manaksia Group, Emballator Metal Group, Crown Holdings, Grief Incorporated, Silgan Holdings, Rexam Plc, Jamestrong Packaging, Shetron Group, Ton Yi Industrial, Bericap Group, GM Metal Packaging Ltd., Fujian Fuzhen Metal Packaging Co. Ltd.