The lever lid tinplate containers market size has grown strongly in recent years, increasing from $1.35 billion in 2023 to $1.46 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. This growth is attributed to the demand for sustainable packaging solutions, the expanding global presence of manufacturers, the growing e-commerce and retail sectors, rising consumer awareness about product freshness, and increasing demand from end-use industries. The market is expected to continue its strong growth, reaching $2.01 billion by 2028 at a CAGR of 8.3%. Future growth factors include increasing demand for lever lid cans, longer shelf life requirements, improved protection from external shocks, innovations in container design and materials, and a shift towards directly lacquered and printed tinplates. Major trends for the forecast period include technological advancements, demand for sustainable packaging solutions, preference for rigid and durable containers, innovations in designs and materials, and customization and personalization of containers.
Global Lever Lid Tinplate Containers Market Key Driver
The growth of the e-commerce sector is anticipated to boost the lever lid tinplate containers market. The e-commerce sector, known for its convenience, extensive product range, competitive pricing, and global reach, is expanding rapidly. This sector's growth is reflected in the rising need for durable and secure packaging solutions, such as lever lid tinplate containers, which ensure safe shipment and storage of goods. According to the United States Census Bureau, e-commerce sales increased by 8.5% in the first quarter of 2024 compared to the same period in 2023, while total retail sales saw a 2.8% increase. This expansion in e-commerce and retail is expected to drive the lever lid tinplate containers market forward.
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Global Lever Lid Tinplate Containers Market Segments
The lever lid tinplate containers market covered in this report is segmented –
1) By Type: Metal, Tin, Steel, Aluminum
2) By Capacity (ML): 125 - 250, 250 - 500, 500 - 750, 750 - 2500, 2500 - 5000, 5000 - 15000
3) By End-User: Food, Chemical, Paint, Ink, Other End-Users
By Geography:The regions covered in the lever lid tinplate containers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the lever lid tinplate containers market in 2023.
Major Lever Lid Tinplate Containers Industry Players
Amcor plc, Crown Holdings Inc., Sonoco Products Company, Silgan Holdings Inc., Toyo Seikan Group Holdings Ltd., Greif Inc., Ardagh Metal Packaging S.A., Mauser Packaging Solutions, Trivium Packaging B.V., Visy Industries, Altium Packaging LLC, Alltub Group, Dongguan Suno Packing Co.Ltd., Merrill's Packaging Inc., Involvement Packaging Ltd., Zhongshan Randa Metal Material Co. Ltd., Pirlo Holding GmbH, Zipform Packaging, HUBER Packaging Group GmbH, Scan Holdings Private Limited., RLM Packaging Ltd, Taylor Davis Ltd, Central Tin Containers Ltd., Captel Industries LLP, Quitmann O'Neill Packaging Limited
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Lever Lid Tinplate Containers Market Overview
Lever-lid tinplate containers are cylindrical metal containers made of tinplate (steel coated with a thin layer of tin) or sometimes aluminum. These containers are characterized by a hinged lever mechanism attached to the lid, which allows for easy opening and closing without requiring additional tools. Lever-lid tinplate containers are popular in industries where secure and convenient packaging is essential, offering protection and ease of use for a wide range of products.
Lever Lid Tinplate Containers Global Market Report 2023 provides data on the global lever lid tinplate containers market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The lever lid tinplate containers market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
