The report provides a transparent image of this Metal Cans Market situation and therefore the expected way forward for the trade. The report focuses on the premise of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. Additionally, the report conjointly maps the market performance by price chain analysis which can facilitate in higher product differentiation beside the analysis of every phase in terms of size, share, market attractiveness index and rate of growth.
Metal cans are cylindrical metal containers used for storing food, beverages and aerosols. They are easy to stack, retain nutritional value, stay cold for a longer duration, less space consuming and are UV & chemically safe. Tin, steel or aluminium is the most used metals for can production. Food industry utilizes metal cans to store product like fruits, vegetables, pet food, seafood and soups etc, whereas the beverage industry consumes it for alcoholic beverages, fruit and vegetable juices, carbonated soft drinks, sports and energy drinks.
Beverage industry is the biggest end-user of the global metal can market. Within the beverage industry, alcoholic beverages hold a greater share in the global metal cans market than the non-alcoholic beverages. However, within the food industry, vegetable consume the maximum amount of metal cans followed by fruits.
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Chemical safety, recyclable nature and increased consumption of canned foods have been the major driving forces behind the growth of global metal cans market. However, competition from PET & HDPE can significantly hamper the growth of this market. Fluctuating feedstock prices can affect the growth of this market as well. In addition, metal cans have been in negative limelight owing to its non-biodegradability. However, product innovation and waste minimization can help reverse the scenario.
North America leads the global metal cans market in terms of both demand and production followed by Europe and Asia Pacific. However, Asia-Pacific is projected to emerge as a fast growing market in the later stage of the forecast period, with India & China being the regional leaders. The key players in global metal cans market include Heineken, Ball Corporation, BWAY, Rexam Plc, Crown Holdings, CPMC Holdings Ltd, Amcor Ltd, Silgan Containers Corporation, Ardagh Packaging Group and Sonoco Phoenix. Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Table Of Contents – Overview
4.Metal Cans Market Analysis By Applications
5.Metal Cans Market Analysis By Region
6.Competitive Landscape Of Metal Cans Companies
7.Company Profiles Of Metal Cans Industry
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