Tinplate Market by Type and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022

Pages: 120

SKU: IRTNTR72186

Snapshot

Based on Technavio's market sizing methodology, the tinplate market size is predicted to surge to 3236.02 metric tons from 2021 to 2026 at a CAGR of 2.25%.

This tinplate market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The tinplate market report offers information on several market vendors, including ArcelorMittal SA, GPT Steel Industries Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., POSCO Group, Sinosteel Corp., Thyssenkrupp AG, Tinplate Co. Of India Ltd., and United States Steel Corp. among others.

This report further entails tinplate market segmentations, including:

Type - Double reduced and single reduced
Geography - APAC, Europe, North America, MEA, and South America

What will the Tinplate Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Tinplate Market Size for the Forecast Period and Other Important Statistics

Tinplate Market: Key Drivers, Trends, and Challenges

The increasing launch of new food and beverage products in metal cans is notably driving the tinplate market growth, although factors such as volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tinplate industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Tinplate Market Driver

One of the key factors driving growth in the tinplate market is the increasing launch of new food and beverage products in metal cans. Nowadays, vendors prefer to use metal packaging for new products. Some new food and beverages that use metal packaging are, in September 2019, Diageo plc (Diageo) launched its new Guinness? Over the Moon Milk Stout in metal cans. The new product contains about 5.3% ABV (alcohol by volume). In July 2019, Princes Ltd. (Princes) launched two new canned fish-based product ranges, Infused Tuna Fillets and Mackerel Sizzle. The Mackerel line contains skinless and boneless mackerel fillets in a marinade, while the Tuna range features the hand-picked pieces of tuna infused in oil. Thus, the rising number of launches of food and beverage products in metal packaging is expected to drive the growth of the global tinplate market in the F&B packaging sector during the forecast period.

Key Tinplate Market Trend

One of the key tinplate market trends fueling the market growth is the product launches and recycled packaging. Vendors are investing in R&D to increase the usability of tinplate for end-users. For instance, in July 2019, JSW Steel, a subsidiary of JSW Group, introduced Platina, a premium tinplate material in India. For the project, the company invested more than $130 million to expand its tinplate capacity to 0.5 million MT in Maharashtra. This kind of product launch will strengthen vendors? market presence. Furthermore, end-users such as packaging industry players are coming with recycled tinplate materials for F&B packaging and FMCG packaging. Due to the increasing popularity of recycled tinplate, vendors are expected to focus more on sustainable tinplate production.

Key Tinplate Market Challenge

The volatility in raw material prices will be a major challenge for the tinplate market during the forecast period. Various types of raw materials are used in tinplate, such as iron or steel and tin. The cost of these raw materials determines the price of the end product. The widening gap between the demand for and supply of the above raw materials in the last few years has led to a considerable increase in their prices. Factors affecting the price of raw materials are the changing economic conditions, currency fluctuations, commodity price fluctuations, transportation costs, resource availability, and political instability. Thus, fluctuations in the prices of raw materials like steel and tin are expected to pose a challenge to the market.

This tinplate market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global tinplate market as a part of the global diversified metals and mining market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tinplate market during the forecast period.

Who are the Major Tinplate Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the tinplate market encompasses successful business strategies deployed by the key vendors. The tinplate market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

ArcelorMittal SA - The company offers tinplate namely Tin Mill Black Plate through its subsidiary ArcelorMittal Dofasco.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The tinplate market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Tinplate Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the tinplate market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the diversified metals and mining market includes the following core components:

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Tinplate Market?

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57% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for tinplate in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The large-scale production of steel in China, India, and Japan will facilitate the tinplate market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of the COVID-19 pandemic severely impacted the lives of people around the world. In 2020, several countries imposed lockdowns in the region, which affected the supply chain for tinplate materials as they were classified under non-essential goods. However, in Q4 2020 and the first half of 2021, most lockdowns were lifted, and manufacturing and supply chain activities were resumed. Moreover, the rise in awareness among people about the consequences of using single-use plastics and government initiatives to ban the use of such plastics, as they harm the environment, is expected to have a substantial impact on the demand for tinplate in packaging,

What are the Revenue-generating Type Segments in the Tinplate Market?

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The tinplate market share growth by the double reduces segment will be significant during the forecast period. A Double-reduced tinplate is produced through the double cold reduction of hot-rolled steel. After the hot-rolled steel is cold-reduced and annealed, it is again cold-reduced to produce the finished tinplate. Owing to double cold-reduction, it is more rigid and stiffer than single-reduced tinplate. Such features of double reduced tinplate will drive the tinplate market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the tinplate market size and actionable market insights on post COVID-19 impact on each segment.

Tinplate Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 2.25%
Market growth 2022-2026	3236.02 MT
Market structure	Fragmented
YoY growth (%)	2.10
Regional analysis	APAC, Europe, North America, MEA, and South America
Performing market contribution	APAC at 57%
Key consumer countries	China, US, India, Germany, Brazil, and UAE
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	ArcelorMittal SA, GPT Steel Industries Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., POSCO Group, Sinosteel Corp., Thyssenkrupp AG, Tinplate Co. Of India Ltd., and United States Steel Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Tinplate Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive tinplate market growth during the next five years
Precise estimation of the tinplate market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the tinplate industry across APAC, Europe, North America, MEA, and South America
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of tinplate market vendors

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Table of Contents

Executive Summ

***1. Executive Summary

**1.1 Market Overview

*Exhibit 01: Key Finding 1

*Exhibit 02: Key Finding 2

*Exhibit 03: Key Finding 3

*Exhibit 04: Key Finding 5

*Exhibit 05: Key Finding 6

*Exhibit 06: Key Finding 7

*Exhibit 07: Key Finding 8

***2. Market Landscape

**2.1 Market ecosystem

*2.1.1 Parent Market

*Exhibit 08 Parent market

*Exhibit 09: Market characteristics

**2.2 Value Chain Analysis

*Exhibit 10: Value Chain Analysis: Diversified metals and mining

*2.2.1 Inputs

*2.2.2 Operations

*2.2.3 Mine development and extraction

*2.2.4 Outbound logistics

*2.2.5 Marketing and sales

*2.2.6 End-user industries

*Support activities

*Innovations

***3. Market Sizing

**3.1 Market definition

*Exhibit 11: Offerings of vendors included in the market definition

**3.2 Market segment analysis

*Exhibit 12: Market segments

**3.3 Market size 2021

**3.4 Market outlook: Forecast for 2021 - 2026

*3.4.1Estimating growth rates for emerging and high-growth markets

*3.4.2Estimating growth rates for mature markets

*Exhibit 13: Global - Market size and forecast 2021 - 2026 (MT)

*Exhibit 14: Global market: Year-over-year growth 20201 - 2026 (%)

***4. Five Forces Analysis

**4.1 Five Forces Summary

*Exhibit 15: Five forces analysis 2021 & 2026

**4.2 Bargaining power of buyers

*Exhibit 16: Bargaining power of the buyer

**4.3 Bargaining power of suppliers

*Exhibit 17: Bargaining power of the supplier

**4.4 Threat of new entrants

*Exhibit 18: Threat of new entrants

**4.5 Threat of substitutes

*Exhibit 19: Threat of substitutes

**4.6 Threat of rivalry

*Exhibit 20: Threat of rivalry

**4.7 Market condition

*Exhibit 21: Market condition - Five forces 2021

***5. Market Segmentation by Type

**5.1 Market segments

*Exhibit 22: Type - Market share 2021-2026 (%)

**5.2 Comparison by Type

*Exhibit 23: Comparison by Type

**5.3 Double reduced - Market size and forecast 2021-2026

*Exhibit 24: Double reduced - Market size and forecast 2021-2026 (MT)

*Exhibit 25: Double reduced - Year-over-year growth 2021-2026 (%)

**5.4 Single reduced - Market size and forecast 2021-2026

*Exhibit 26: Single reduced - Market size and forecast 2021-2026 (MT)

*Exhibit 27: Single reduced - Year-over-year growth 2021-2026 (%)

**5.5 Market opportunity by Type

*Exhibit 28: Market opportunity by Type

***6. Customer landscape

*Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

**6.1 Overview

*Exhibit 29: Customer landscape

***7. Geographic Landscape

**7.1 Geographic segmentation

*Exhibit 30: Market share by geography 2021-2026 (%)

**7.2 Geographic comparison

*Exhibit 31: Geographic comparison

**7.3 APAC - Market size and forecast 2021-2026

*Exhibit 32: APAC - Market size and forecast 2021-2026 (MT)

*Exhibit 33: APAC - Year-over-year growth 2021-2026 (%)

**7.4 Europe - Market size and forecast 2021-2026

*Exhibit 34: Europe - Market size and forecast 2021-2026 (MT)

*Exhibit 35: Europe - Year-over-year growth 2021-2026 (%)

**7.5 North America - Market size and forecast 2021-2026

*Exhibit 36: North America - Market size and forecast 2021-2026 (MT)

*Exhibit 37: North America - Year-over-year growth 2021-2026 (%)

**7.6 MEA- Market size and forecast 2021-2026

*Exhibit 38: MEA - Market size and forecast 2021-2026 (MT)

*Exhibit 39: MEA - Year-over-year growth 2021-2026 (%)

**7.7 South America - Market size and forecast 2021-2026

*Exhibit 40: South America - Market size and forecast 2021-2026 (MT)

*Exhibit 41: South America- Year-over-year growth 2021-2026 (%)

**7.8 Key leading countries

*Exhibit 42: Key leading countries

**7.9 Market opportunity by geography

*Exhibit 43 Market opportunity by geography (MT)

***8. Drivers, Challenges, and Trends

**8.1 Market drivers

*8.1.1 Increasing launch of new food and beverage products in metal cans

*8.1.2 Sustainability with metal packaging

*8.1.3 Rising focus on improving the shelf life of products

**8.2 Market challenges

*8.2.1 Volatility in raw material prices

*8.2.2 Corrosion in tinplate packaging

*8.2.3 Increasing popularity of aluminum packaging

*Exhibit 44: Impact of drivers and challenges

**8.3 Market trends

*8.3.1 Product launches and recycled packaging

*8.3.2 Growing demand for scrap materials

*8.3.3 Increasing penetration of innovative lightweight materials

***9. Vendor Landscape

**9.1 Overview

*Exhibit 45: Vendor landscape

**9.2 Landscape disruption

*Exhibit 46: Landscape disruption

*Exhibit 47: Industry Risk

***10. Vendor Analysis

**10.1 Vendors covered

*Exhibit 48: Vendors covered

**10.2 Market positioning of vendors

*Exhibit 49: ?Market positioning of vendors?

**10.3 ArcelorMittal SA

*Exhibit 50: ArcelorMittal SA - Overview

*Exhibit 51: ArcelorMittal SA - Business segments

*Exhibit 52: ArcelorMittal SA - Key offerings

*Exhibit 53: ArcelorMittal SA - Segment focus

**10.4 GPT Steel Industries Ltd.

*Exhibit 54: GPT Steel Industries Ltd. - Overview

*Exhibit 55: GPT Steel Industries Ltd. - Product and service

*Exhibit 56: GPT Steel Industries Ltd. - Key offerings

**10.5 JFE Holdings Inc.

*Exhibit 57: JFE Holdings Inc. - Overview

*Exhibit 58: JFE Holdings Inc. - Business segments

*Exhibit 59: JFE Holdings Inc. - Key offerings

*Exhibit 60: JFE Holdings Inc. - Segment focus

**10.6 JSW STEEL Ltd.

*Exhibit 61: JSW STEEL Ltd. - Overview

*Exhibit 62: JSW STEEL Ltd. - Business segments

*Exhibit 63: JSW STEEL Ltd. - Key offerings

*Exhibit 64: JSW STEEL Ltd. - Segment focus

**10.7 Nippon Steel Corp.

*Exhibit 65: Nippon Steel Corp. - Overview

*Exhibit 66: Nippon Steel Corp. - Business segments

*Exhibit 67: Nippon Steel Corp. - Key offerings

*Exhibit 68: Nippon Steel Corp. - Segment focus

**10.8 POSCO Group

*Exhibit 69: POSCO Group - Overview

*Exhibit 70: POSCO Group - Business segments

*Exhibit 71: POSCO Group - Key offerings

*Exhibit 72: POSCO Group - Segment focus

**10.9 Sinosteel Corp.

*Exhibit 73: Sinosteel Corp. - Overview

*Exhibit 74: Sinosteel Corp. - Product and service

*Exhibit 75: Sinosteel Corp. - Key offerings

**10.10 Thyssenkrupp AG

*Exhibit 76: Thyssenkrupp AG - Overview

*Exhibit 77: Thyssenkrupp AG - Business segments

*Exhibit 78: Thyssenkrupp AG - Key offerings

*Exhibit 79: Thyssenkrupp AG - Segment focus

**10.11 Tinplate Co. Of India Ltd.

*Exhibit 80: Tinplate Co. Of India Ltd. - Overview

*Exhibit 81: Tinplate Co. Of India Ltd. - Business segments

*Exhibit 82: Tinplate Co. Of India Ltd. - Key offerings

*Exhibit 83: Tinplate Co. Of India Ltd. - Segment focus

**10.12 United States Steel Corp.

*Exhibit 84: United States Steel Corp. - Overview

*Exhibit 85: United States Steel Corp. - Business segments

*Exhibit 86: United States Steel Corp.- Key news

*Exhibit 87: United States Steel Corp. - Key offerings

*Exhibit 88: United States Steel Corp. - Segment focus

***11. Appendix

**11.1 Scope of the report

*11.1.1 ????Market definition

*11.1.2 ????Objectives

*11.1.3 ????Notes and caveats

**11.2 Currency conversion rates for US$

*Exhibit 89: ?Currency conversion rates for US$?

**11.3 Research Methodology

*Exhibit 90: ?Research Methodology

*Exhibit 91: ??Validation techniques employed for market sizing?

*Exhibit 92: ??Information sources

**11.4 List of abbreviations

*Exhibit 93: List of abbreviations

ary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2021
Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

Market Segmentation by Type

Market segments
Comparison by Type
Double reduced - Market size and forecast 2021-2026
Single reduced - Market size and forecast 2021-2026
Market opportunity by Type

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2021-2026
Europe - Market size and forecast 2021-2026
North America - Market size and forecast 2021-2026
MEA - Market size and forecast 2021-2026
South America - Market size and forecast 2021-2026
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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