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(Transportation-News.com, October 10, 2016 ) Packaging refers to the technology of enclosing a product for the purpose of storage, distribution, sale, and use. Light metal (aluminum, magnesium, and titanium) packaging is an essential constituent for industrial products, such as adhesives, coatings, inks, and paints. During the entire product life cycle, it withstands the chemical formulations of the products and guards them from external damaged caused by exposure to light, air, and humidity. It is the preferred material because it is lightweight, durable, and versatile in nature. Due to its composition, light metal packaging provides resistance to temperature changes and allows products to be stored for extensive periods of time. The demand for light metal packaging is being further enhanced through the use of new technologies for shaping, embossing, and decorative finishes, which provide visual appeal to exploit shelf impact, along with improvements in functionality, which augments consumer convenience.
Publisher's analysts forecast the global light metal packaging market to grow at a CAGR of 2.28% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-light-metal-packaging-market-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global light metal packaging market for 2016-2020. To calculate the market size, in terms of revenue the report considers the sale of light metal packaging product for the different end-use application.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global Light Metal Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Ardagh Packaging Holdings
- Ball
- Crown Holdings
- Greif
- Rexam
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001345968/sample
Other prominent vendors
- Alcoa
- BWAY
- Can-Pack
- Can-Pack
- Huber packaging
- Kian Joo
- Silgan
- Sonoco
- Toyo Seikan Kaisha
Market driver
- Growing popularity of packaged foods and beverages
- For a full, detailed list, view our report
Market challenge
- Competition from flexible packaging products
- For a full, detailed list, view our report
Market trend
- Preference for aesthetically appealing products
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001345968/buying
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Priya Sisodia
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