Metal Cans Market – Global Industry Analysis and Forecast (2023-2029)


Posted November 28, 2023 by MaximizeRushikesh

Metal Cans Market is expected to grow at a CAGR of 2.42% during the forecast period and is expected to reach US$ 63.55 Bn by 2029.
 
Metal Cans Market Overview:

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

The major driving factor of metal cans is that they are 100% recyclable without the loss of its quality & sturdiness as well as it reduces CO2 use thus reducing the parent material usage. Metal cans are a type of metal packaging systems used for packaging of wine, but its scope of application is now expanded into various end-use commodity packing purposes such as edible food & beverage items, chemicals, oil, Solvents, Dyes, Paints, Lubricants, etc. are also boosting the market growth.

Drivers:

The increasing replacement potential of polymer based packaging material such as polyethylene terephthalate and polyethylene packaging is limiting the market share of metal cans in the overall packaging market. Furthermore, growing adoption of bio-based plastic in the packaging industry, particularly for food & beverage are hindering the market. The consumer demand for lightweight packaging, increasing heath awareness regarding use of non-carcinogenic packaging materials, are creating high growth opportunities for the market. Increased use of bio-based plastic in food & beverage packaging is emerged as a key challenge for metal can manufacturers.

Segmentation:

by Material Type

Steel
Aluminium
Tin

by Can Fabrication Type

Two Piece Metal Can
Three Piece Metal Can

by Application

Food & Beverage
Pharmaceutical Industry
Personal Care & Cosmetic Can Fabrication Types
Industrial Chemicals

Key Players: the key players are

1. BWAY
2. Ball Corporation
3. Crown Holdings
4. Rexam Plc
5. O.Berk
6. All American Containers
7. Metal Container Corporation
8. Container Corporation of Canada
9. Ardagh Metal Packaging
10. Silgan Containers LLC
11. Kian Joo Can Factory Berhad
12. Independent Can Company
13. HUBER Packaging Group GmbH
14. SKS Bottle & Packaging Inc.
15. Ardagh Group S.A.
16. Berlin Packaging
17. Kaira Can Company Limited
18. The Cary Company
19. Allstate Can Corporation
20. Allied Cans Limited
21. CPMC Holdings Limited
22. Amcor
23. BWAY Corporation
24. COFCO
25. Veritiv Corporation.
26. Silgan Containers.

Regional Analysis:

The report has assessed the global Metal Cans market in the following regions:

America, North (the United States, Canada)
European Union (Germany, France, United Kingdom, Russia)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)


Key Questions answered in the Metal Cans Market Report are:

Which key trends are likely to emerge in the Metal Cans market in the forecast period?
What will be the Metal Cans market size by 2027?
Which company had the biggest share in the Metal Cans market in 2020?
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Categories Business
Tags metalcansmarket , metalcansmarkettrend , metalcansmarketsize
Last Updated November 28, 2023