U.K. metal packaging market valued at £1.82B in 2011, up 1.6% from 2010, says new report

DUBLIN , February 23, 2012 (press release) – Research and Markets (http://www.researchandmarkets.com/research/f1955d/packaging_metals) has announced the addition of the "Packaging (Metals & Aerosols) Market Report 2012" report to their offering.

This Key Note Market Report analyses the UK metal packaging market which, despite strong competition from alternative materials, has continued to grow. The UK is one the most mature and largest metal packaging industries in the world and the leading European market for a number of key types of metal packaging. In 2011, the apparent UK market was estimated to be worth 1.82bn, an increase of 1.6% on 2010.

The majority of the industry consists of light metal packaging, which has numerous applications in a number of key commercial industries, such as food and drink, pharmaceuticals, household care and personal care. Other major sectors include the manufacture of steel drums and similar containers, mainly for the transport of liquids and chemicals, as well as the manufacture of reservoirs, vats and tanks for the storage of huge quantities of liquids and compressed gases.

The recent economic downturn has had a major affect on the metal packaging industry, along with a number of other markets in the UK. The recession and wider global financial downturn has led to an increasingly cautious approach by consumers. This has resulted in falling levels of demand in many of metals' major end-user markets, such as the food, personal care and household care industries. Although these markets did recover to certain degree in 2010, economic uncertainty has continued to be a problem and a number of metal packaging companies have been forced to restructure and consolidate their operations, while also reducing production in line with demand.

In terms of the environment and sustainability, metal packaging does possess an advantage over the other major packaging material industries. Both steel and aluminium can be recycled with no loss of their inherent physical properties.

Companies Mentioned:

Ardagh Metal Packaging UK Ltd
Ball Aerocan UK Ltd
Ball Packaging Europe UK Ltd
Crown Packaging UK PLC
Greif UK Ltd
Rexam PLC
Tata Steel UK Ltd
United Closures and Plastics Ltd

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