Italy Metal Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.54 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Italy Metal Packaging Market Analysis
The Italian metal packaging market is expected to register a CAGR of 2.54% over the forecast period. With the trend of substantial unit consumption in food and beverage products and increasing environmental concern, consumers are demanding metal cans owing to their low environmental impact. The high recyclability of metal cans is one of the significant drivers for the growth of the market studied.
- Due to its various advantages, including rigidity, stability, and high barrier qualities, metal cans frequently store products that can be moved over greater distances and have longer shelf lives. Tin, steel, and aluminum-based metal cans are favored throughout the country and region. These materials offer valuable qualities, including being softer and lighter, which enable the makers to reduce logistics-related expenses.
- Additionally, cans are preferred over refillable glass bottles for beer containers. Also, the growing demand for alcoholic beverages in Italy, and other European regions with trade relations, such as the United Kingdom, Finland, and Germany, is anticipated to fuel the growth of the metal packaging market. Manufacturers of alcoholic beverage packaging across Italy are benefitted from the growing trend of alcohol consumption at social events. Also, young consumers are becoming more accustomed to drinking beer and wine.
- For instance, according to Assobirra, the volume of beer consumed has been experiencing a growing trend since 2014, a slight dip was seen in 2020, but the market recovered in 2021 and is expected to see the same direction in the forecast period. Italians consumed 20.8 million hectoliters of beer in 2021, indicating a consistent rise in beer consumption since 2014. Each Italian consumed 35 liters of beer on average in 2021 compared to 29 liters per person in 2010.
- Metal cans find their application majorly in food and beverages. However, alternative packaging options, such as glass, are fiercely competitive with metal can packaging in the same segment. The other alternate packaging solutions include plastic.
- The nation witnessed frenzied panic shopping at the height of the outbreak. In addition, there was an increased demand for different types of canned vegetables during the COVID-19 pandemic. Because they are healthier than vegetables cultivated conventionally, millennials across the country are placing a high premium on canned organic vegetables. In this sense, organic canned veggies pique the curiosity of younger consumers, as consumers between the ages of 25 and 34 frequently buy these products.
Italy Metal Packaging Market Trends
This section covers the major market trends shaping the Italy Metal Packaging Market according to our research experts:
Cans Segment is Anticipated to Hold Significant Share
- Cans, drums, bottles, caps, and closures are the most common types of metal packaging. Over the past century, metal cans have been used in various packaging applications due to their accessibility and ease of use. The demand for metal cans is also expected to increase in volume due to consumer trends such as the desire for small-size and multi-pack packages.
- Additionally, the demand for metal can products would increase significantly, given the increasing emphasis on sustainable and recycling solutions. Also, international players are focusing on expanding and strengthening their market presence to cater to the increasing demand for metal packaging for food and beverages in Italy. For instance, in April 2022, Berlin Packaging, a hybrid packaging supplier, announced the acquisition of Panvetri, a family-owned metal and glass packaging company for the wine and oil sectors. The acquisition is evidence of the commitment of Berlin Packaging to the growth of the market studied in Europe.
- Also, the growing demand for beer across the region is propelling the demand for metal packaging in Italy. For instance, according to the UN Comtrade, Italy's annual exportation volume of beer from malt worldwide increased to 384 million liters in 2021 from approximately 199 million liters in 2012.
- Moreover, according to the AssoBirra, the volume of beer sold in Italy in 2021 was 17.64, out of which 14.64 million hectoliters were distributed in non-returnable bottles. Furthermore, 1.26 million hectoliters of beer were packaged in cans, the second most popular packaging type in Italy, followed by Kegs with 1.25 million hectoliters.
Higher Recycling Rates Coupled With Higher End-User Manufacturing Demand
- Increasing sustainability and environmental concern propel the demand for sustainable packaging. Recycling is essential for the metal packaging sector because it saves much energy compared to producing the same quantity of aluminum from a virgin source, which lowers the production process cost. This is especially true for aluminum cans, which are recycled often. Additionally, the cost of can manufacture would be higher without the recycling process.
- Due to these advantages, metal can producers are putting more of an emphasis on recycling metal, which helps them avoid the need for new materials and save raw materials. The government's publication of specific recycling rules is another factor in the improved recycling rate for metal packaging.
- Additionally, Italy ranks first in Europe regarding the amount of recycled aluminum produced. According to CIAL, Italy's national non-profit consortium, a total of 78,400 tons of aluminum packaging was sold in the Italy market in 2021. Italy recycled 52,900 tons of aluminum packaging in the same year.
- Moreover, sustainability and low energy consumption in recycling metal packaging propel market growth. This is anticipated to drive the demand for aerosol cans and metal packaging cosmetics products in the projected time frame. For instance, according to Cosmetica Italia, the growing consumption of cosmetic products in Italy reached EUR 10.6 4 billion (USD 11.17 billion) in 2021 from EUR 10.29 billion (USD 10.81 billion) in 2016.
Italy Metal Packaging Industry Overview
The Italian metal packaging market is moderately fragmented owing to the availability of numerous domestic and international players. Also, players in the region are looking for expansion and collaboration.
- In April 2022, Gruppo Fanti held a groundbreaking ceremony for a new can facility in West Virginia, United States. The company will invest USD 30 million into the site and create an initial 40 new full-time positions.
- In March 2022, Tecnocap acquired an aluminum aerosol cans and tube maker Tubettificio. Based in Lecco, near Milan, the company has since re-started up three production lines, two of which make monobloc aluminum aerosol cans and the other aluminum tubes.
Italy Metal Packaging Market Leaders
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Ball Beverage Packaging Italia s.r.l.
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Ardagh group Italy Srl
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Crown Holdings Inc.
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DS Containers Inc.
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Silgan Holdings Inc.
*Disclaimer: Major Players sorted in no particular order
Italy Metal Packaging Market News
- July 2022: Crown Holdings Inc. announced that it had constructed a second high-speed line at its Parma, Italy, aluminum beverage can facility. Commercial production is expected to commence during the first quarter of 2023, and the additional capacity will serve expanding customer requirements in Italy and surrounding markets. The new line will produce more than one billion cans annually.
Italy Metal Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Higher Recycling Rates Coupled With Higher End-User Manufacturing Demand
5.1.2 Convenience and Lower Price Offered by Canned Food
5.2 Market Restrain
5.2.1 Presence Of Alternate Packaging Solutions
6. Overview of the Global Metal Packaging Market
7. MARKET SEGEMENTATION
7.1 By Material Type
7.1.1 Aluminum
7.1.2 Steel
7.2 By Product Type
7.2.1 Cans
7.2.2 Bulk Containers
7.2.3 Shipping Barrels and Drums
7.2.4 Caps and Closures
7.2.5 Other Product Types
7.3 By End-User Vertical
7.3.1 Beverage
7.3.2 Food
7.3.3 Paints and Chemicals
7.3.4 Industrial
7.3.5 Other End-user Verticals
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 Ball Beverage Packaging Italia s.r.l.
8.1.2 Ardagh group Italy Srl
8.1.3 Crown Holdings Inc.
8.1.4 DS Containers Inc.
8.1.5 Silgan Holdings Inc.
8.1.6 Tecnocap TL srl Lecco, Italy
8.1.7 Massilly Holding S.A.S
8.1.8 Trivium Packaging
8.1.9 Gruppo ASA
8.1.10 Silfa Srl
9. INVESTMENT ANLAYSIS
10. FUTURE OF THE MARKET
Italy Metal Packaging Industry Segmentation
The study tracks the demand for the metal packaging market through the revenue derived from metal. It also includes the effect of regulations and drivers on the market's growth. The Italian metal packaging market is segmented by material type (aluminum, steel), product type (cans, bulk containers, shipping barrels and drums, and caps and closures), and by end-user vertical (beverage, food, paints and chemicals, industrial, and other end-user verticals).
The market sizes and projections are provided in USD million for all the above-mentioned segments.
Italy Metal Packaging Market Research FAQs
What is the current Italy Metal Packaging Market size?
The Italy Metal Packaging Market is projected to register a CAGR of 2.54% during the forecast period (2024-2029)
Who are the key players in Italy Metal Packaging Market?
Ball Beverage Packaging Italia s.r.l., Ardagh group Italy Srl, Crown Holdings Inc. , DS Containers Inc. and Silgan Holdings Inc. are the major companies operating in the Italy Metal Packaging Market.
What years does this Italy Metal Packaging Market cover?
The report covers the Italy Metal Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Metal Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Metal Packaging Industry Report
Statistics for the 2024 Italy Metal Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Metal Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Italy Metal Packaging Report Snapshots
