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Metal Packaging
Global demand for light metal packaging is forecast to expand 1.9% p.a. between 2014 and 2018. 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%).
Bangladesh, China, Ethiopia, the United States and Vietnam are considered the highest potential markets in the coming years. 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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