The global Metal Cans for Food and Beverage market was valued at US$ 46380 million in 2020 and is expected to reach US$ 58930 million by the end of 2027, growing at a CAGR of 3.0% during 2021-2027.
Metal can are the containers used for the storage of food, beverages, oil, chemicals, etc. Metal can is light in weight and very easy to stack. It is a single-walled container constructed wholly of tinplate, blackplate (including tin-free steel), waste plate, aluminum sheet or impact extrusions, designed for packaging products. This report only focus on the metal cans used in the food and beverage industry.
Global giant manufactures mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Ball Corporation and Crown Holdings have relative higher level of product’s quality. As to EU, Ardagh group has become as a leader.
The key consumption markets locate at developed region. The North America takes the market share of 27%, followed by Europe with 22%. Asia is projected to be the fastest-growing market for food & beverage metal cans due to booming economy with a large population base ready to spend on processed food & beverages, and rapidly growing consumer markets of China, India, and Japan.
The global key players are Ball Corporation, Crown Holdings, Ardagh group, Toyo Seikan, Silgan Holdings Inc, Can Pack Group and Daiwa Can Company, etc. The global top five players hold a share over 50% in 2019.
Global Metal Cans for Food and Beverage Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Metal Cans for Food and Beverage Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Ball Corporation, Crown Holdings, Ardagh group, Toyo Seikan, Silgan Holdings Inc, Can Pack Group, Daiwa Can Company, ORG Technology, CPMC Holdings, Hokkan Holdings, Baosteel Packaging, Showa Aluminum Can Corporation, ShengXing Group and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Three-Piece Cans
- Two-piece Cans
Segment by Application
- Food Industry
- Beverage Industry
Table of Content:
1 Metal Cans for Food and Beverage Market Overview
2 Metal Cans for Food and Beverage Market Competition by Manufacturers
3 Metal Cans for Food and Beverage Retrospective Market Scenario by Region
4 Global Metal Cans for Food and Beverage Historic Market Analysis by Type
5 Global Metal Cans for Food and Beverage Historic Market Analysis by Application
6 Key Companies Profiled
7 Metal Cans for Food and Beverage Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Metal Cans for Food and Beverage Market Dynamics
10 Global Metal Cans for Food and Beverage Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.