Market Overview

Lucintel Forecasts Global Metal Packaging Industry to Reach an Estimated $133 Billion by 2017


Lucintel Forecasts Global Metal Packaging Industry to Reach an Estimated $133 Billion by 2017

Irving, Texas (PRWEB) October 26, 2012

The global metal packaging industry, which saw good growth during the last five years, is forecast to reach estimated revenue of $133 billion by 2017 at a CAGR of 3.9% during 2012-2017. Lucintel forecasts industry growth to moderate because of the presence of such substitutes as paper and plastic packaging.

Lucintel, a leading global management consulting and market research firm, has analyzed global metal packaging industry and offers its findings in its comprehensive research report, “Global Metal Packaging Industry 2012-2017: Trend, Profit, and Forecast Analysis.”

The industry is geographically segmented into North America, Europe, Asia Pacific (APAC), and Rest of World (ROW). During the last five years, APAC dominated industry growth and is expected to retain its advantage during the forecast period.

Lucintel's market report indicates that advanced packaging technology as well as paper packaging and plastic packaging negatively affect industry growth, whereas recyclable packaging materials and rising health awareness are recognized as generating growth in the industry.

The increasing popularity of prepared food is a crucial factor in the industry's growth. Therefore, making profitable and sustainable packaging solutions has become a concern of food producers and retailers. Lucintel's study projects that the increasing market share of Asian economies in world trade and rapid industrialization in emerging economies will boost metal packaging demand. Thus, APAC is expected to grow at a faster pace than other regions.

This Lucintel research report provides an excellent understanding of recent industry scope, global macroeconomic trends and forecasts, relative market attractiveness by region, and annual industry trends and forecasts. The study includes a Porter's Five Forces Analysis, recent product launches, and M&A activities that determine regional and segment opportunities, overview of the competitive landscape, and profitability trend and analysis of major industry players.

This study also provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their capabilities, strategies, vis-a-vis leading competitors. It is designed to provide executives with strategically significant competitor information, data analysis and insight, critical to the development and implementation of effective marketing and sales plan.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.

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