Lewes, DE -- (SBWire) -- 12/17/2014 --According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global light metal packaging industry is forecast to reach 1.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 4.9%. Currently, caps, stoppers, lids and other packing accessories account for 46.9% of the global demand while the remaining market share is divided between aluminium boxes, casks and drums (28.8%), steel and iron cans (17.4%), crown corks (3.9%) and collapsible tubular aluminium containers (3.1%).
China, France, Germany, the United Kingdom and the United States represent the largest light metal packaging markets while the strongest annual growth is forecast to occur in Bangladesh (17.4%), Ethiopia (12.5%), Vietnam (12.1%), Sri Lanka (10.1%) and Panama (8.7%).
The information is extracted from a recently published reports: Global Light Metal Packaging Market Reports
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential light metal packaging markets in the coming years. (See the table image)
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for light metal packaging in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Morocco, Nepal, Netherlands, Nigeria, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Romania, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam.
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
The latest market data for this research include:
- Overall light metal packaging market size, 2007-2018
- Light metal packaging market size by product segment, 2007-2018
- Growth rates of the overall light metal packaging market and different product segments, 2007-2018
- Shares of different product segments of the overall light metal packaging market, 2007, 2013 and 2018
- Market Potential Rates of the overall light metal packaging market and different product segments
The product segments discussed in the reports include:
- Aluminium boxes, casks and drums
- Collapsible tubular aluminium containers
- Steel and iron cans
- Crown corks
- Caps, stoppers, lids and other packing accessories
The reports help answering the following questions:
- What is the current size of the light metal packaging market in the world and in different countries?
- How is the light metal packaging market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
The information is extracted from a recently published reports: Global Light Metal Packaging Market Reports
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