The world metal packaging market will reach more than US$102bn in 2013 and according to a report by Market Publishers it will be worth US$133bn by 2017 with Asia-Pacific likely to continue dominating the market in terms of growth rates in the years to come.

The report says the demand for metal packaging is driven by the changing lifestyles and consumer preferences, increasing interest in convenient and long-lasting food packaging, growing awareness of health and nutritional benefits of freshly packaged food as well as nutrient-retaining qualities of metal packaging and enhancing environmental concerns.

By 2017, the global metal packaging market is likely to be evaluated at above US$133bn, posting annual growth of almost 4 per cent. The Asia-Pacific is likely to continue dominating the market in terms of growth rates in the years to come.