Expansion of Global Light Metal Packaging Industry is Forecast to Reach 1.9% P.A.

Date: 2015-08-13

“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%).”

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