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The light metal packaging market size is forecast to increase by USD 9.30 billion is estimated to grow at a CAGR of 3.2% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing launch of new food and beverage products in metal cans. This trend is particularly prominent in the food industry, where metal cans offer advantages such as extended shelf life, product preservation, and convenience. Another trend shaping the market is the advent of resealable cans, which cater to consumer demand for portable and reusable packaging. However, the market faces challenges, including volatility in raw material prices, particularly aluminum, which can impact profitability for manufacturers. Additionally, the rise of alternative packaging materials, such as plastic and glass, poses a threat to the market's growth. Despite these challenges, the light metal packaging market is expected to continue expanding, driven by its unique benefits and consumer preference for metal packaging in various end-use industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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