Global Aluminium Food Cans Market, By Thickness (Less than 50mm, 50-100mm, More than 100mm), Application (Fruits and Vegetables, Convenience Food, Pet Food, Meat and Seafood, Others), Structure Type (2 Piece Cans, 3 Piece Cans), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Aluminium Food Cans Market
Data Bridge Market Research analyses that the aluminium food cans market will project a CAGR of 6.8% for the forecast period of 2021-2028. The market value will reach to USD 24,543.59 million by 2028.
Aluminum food cans are a type of packaging made from aluminium sheets. These cans ensure excellent hygiene and product quality levels while greatly extending the shelf life of the contents of the package. They are fully recyclable and offer high levels of protection against various environmental conditions due to their harmless nature and easy handling qualities.
Surge in the adoption rate for sustainable packaging solutions from food and beverages industry and high consumption for convenience food and beverages are the major factors driving the growth of aluminium food cans market. Also, rising concerns from the consumers regarding the environment and various benefits associated with these products due to their cost-effective and recyclable nature are the factors influencing the growth of the market. Growing demand of aluminium food cans among the end-users and emerging new market will also create the beneficial opportunities for the market growth.
However, the high cost associated with developing and recycling these cups will create hindrances for the market growth rate. Similarly, presence of various substitute methods of packaging will hamper the market growth rate.
This aluminium food cans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aluminium food cans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aluminium Food Cans Market Scope and Market Size
Global aluminium food cans market is segmented on the basis of thickness, application and structure type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of thickness, the aluminium food cans market is segmented into less than 50mm, 50-100mm, and more than 100mm.
- On the basis of application, the aluminium food cans market is segmented into fruits and vegetables, convenience food, pet food, meat and seafood and others.
- On the basis of structure type, the aluminium food cans market is segmented into 2 piece cans and 3 piece cans.
Aluminium Food Cans Market Country Level Analysis
The global aluminium food cans market is analysed and market size insights and trends are provided by country, thickness, application and structure type as referenced above.
The countries covered in the aluminium food cans market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the aluminium food cans market and will continue to flourish its trend of dominance during the forecast period due to presence of major key players and high disposable income. Asia-Pacific is expected to grow during the forecast period of 2021-2028 due to the growing demand of product.
The country section of the aluminium food cans market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminium Food Cans Market Share Analysis
The aluminium food cans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aluminium food cans market.
The major players covered in the aluminium food cans market report COFCO; ORG Technology Co., Ltd.; BALL CORPORATION; Tecnocap S.p.A.; Amcor plc, Shengxing Group; Toyo Seikan Co., Ltd.; Crown; Exal Corporation; Silgan Containers; Great China Metal Ind. Co., Ltd., among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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