Tinplate packaging market is projected to experience a moderate growth trajectory during the forecast period. Tinplate packaging market has been increasingly embracing aesthetics in order to fulfill demand from various end use industries. Multiple new packaging products such as tinplate packaging having “Matte Effect”, tinplate packaging with embossed surfaces, and customized digital prints have been introduced in the market to meet the growing demand from end-use retail customers. This trend has substantially increased demand for tinplate packaging in the beverages industry, on the back of its impressive tactile features.
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Key Takeaways of Tinplate Packaging Market
- Cans are anticipated to be the dominant product type in tinplate packaging market, and the segment is forecasted to grow 1.5X during the forecast period.
- North America and Europe together account for more than half of the share in tinplate packaging market, while Europe is expected to generate fastest revenue during forecast period.
- Uptick in demand from food packaging is expected to remain constant till mid-term forecast.
- Tinplate packaging with moderate thickness i.e. 0.20 mm to 0.40 mm is expected to grow by 1.7X during the forecast period.
“Investments in development of compact packaging solutions are expected to supplement demand for tinplate packaging. In terms of product type, cans are projected to be the lucrative revenue pocket during forecast period”, says the Fact.MR analyst
Global Tinplate Packaging Market: Segmentation
Segmentation table of the global tinplate packaging market has been provided below on the basis of product type, application, thickness, and region.
By Product Type :
By Application :
- Food Packaging
- Beverages Packaging
- Alcoholic Drinks
- Non-Alcoholic Drinks
- Aerosol Products Packaging
By Thickness :
- 0.13 to 0.20 mm
- 0.20 to 0.40 mm
- More than 0.40 mm
By Region :
- North America
- Latin America
- East Asia
- South Asia