Market Size of Germany Metal Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Metal Packaging Market Analysis
Germany's metal packaging market is expected to grow at a CAGR of 6.2% over the forecast period. A growing proportion of new beverages in Germany is being introduced in cans and fueling demand for metal packaging in the country's beverage industry.
- Metal-based packaging materials provide excellent barrier properties and are widely used in food packaging applications. They are used in packages and closures for glass bottles and composite cans. Significant health and product safety concerns of metal packaging comprise migration of bisphenol A, lead, cadmium, mercury, aluminum, iron, nickel, bulging of cans, tin dissolution, blackening, and corrosion.
- Because of their magnetic characteristics, which facilitate better segregation, metal packing materials offer a reduced global warming potential and higher recyclability. The standards of the safety of metal packaging materials are used hugely in the food sector, and the characteristics of their recyclable nature.
- However, supply chain bottlenecks and shortage of raw materials dampened a more robust rebound of the industry. Most metals and steel producers have been able to pass on higher commodity prices to their buyers.
- The metal packaging industry has positive and negative impacts on health and the environment. Metal-based packaging provides an excellent barrier to light, gas, and moisture, recyclability, easy conversion into various shapes, ability to withstand high heating temperatures, rigid structure, transportation to long distances, and unique decorating possibilities.
- The covid has impacted negatively on Germany's packaging industry defies the covid crisis, and the number of companies in the packaging industry is declining. In 2021, there were 723 establishments in the packaging industry. Also, the Ukraine war hit the German economy, and the impact on inflation, through high energy prices, would also be sustained for a similar period. Russia has suddenly become a significant economic risk. Germany's industry relies on the import of Russian gas sent directly to Germany via pipeline and does not currently possess national terminals for importing liquefied natural gas.
