Industry Analysis & Industry Trends
Light metal containers are a common option for packaging beverages and food. Consumer preferences for impulse and convenient purchases have been promoting growth in packaging markets. Packaging is used to protect, preserve and distribute goods while also giving brand owners an opportunity to promote their products. Light metal packaging is particularly strong in certain beverage markets where volumes are very high. Manufacturers of light metal packaging compete with alternative packaging (plastic and glass) and must innovate continually to lower their costs and minimise the environmental footprint of their products; this is normally achieved through lower use of harmful materials and frequent recycling... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry in this industry are high, evidenced by a reduction in industry enterprises and the dominance of a few large multinational companies. This dominance proves difficult for new entrants to compete effectively, given existing players' already established customer relationships, sales and supply contracts and advanced industry knowledge and intellectual capital. Competition is intense across the majority of the industry's products. Under these conditions, competitive pricing is a major factor in successfully differentiating products and promoting sales. The cost to build a new factory can be significant (in 2009, it cost the Can-Pack group about £40 million to build a beverage can factory)... purchase to read more