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Metal packaging market revenue predicted to go up by 2020

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In metal packaging, the various products are enclosed or packaged with covering of metal like steel, aluminum or tin. The metallic material work as a barrier and it protect the finished products from various circumstances like air, wind, water, etc. Metal packaging is primarily used to protect food, pharmaceuticals, cosmetics, and other products. However, metal packaging is expected to lose its market share due to plastics packaging in the beverage market.

The metal packaging market is primarily driven by increasing urbanization and changing lifestyle dynamics across the globe. Another major driving factor that counts for expanding metal packaging market includes rapid demand from pharmaceuticals and cosmetics, beverage and food market. However, environmental issues related to steel manufacturing and flexible packaging is a major restraint that can hold the market growth.

Source: Syndicate Market Research

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