Global Light Metal Packaging Market to Reach USD 2,996.37 million with a 6.50% CAGR
The metal packaging market is expected to witness steady growth on the back of rising applications in diverse sectors like food & beverages, personal care, healthcare, household & consumer, and industrial. In last decade, use of light metal materials in the packaging of food and beverage products has increased by two fold, and anticipated to grow with brisk rate during the forecast period, which is the major driving factor for the growth of light metal packaging material globally.
Data Bridge Market Research analyses that the light metal packaging market was valued at USD 1,810.50 million in 2021 and is expected to reach USD 2,996.37 million by 2029, registering a CAGR of 6.50 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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