Global Food and Beverages Metal Cans Market, By Type (2-Piece Cans, 3-Piece Cans), Material Type (Aluminum Cans, Steel Cans),Degree of Internal Pressure (Pressurized Cans, Vacuum Cans), Application (Food, Beverages), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Food and Beverages Metal Cans Market
The food and beverages metal cans market size is expected to grow at a compound annual growth rate of 4.82% for the forecast period of 2021 to 2028. Data Bridge Market Research report on food and beverages metal cans market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Metal cans largely help in preserving and protecting the product. Metal cans in food and beverages industry are broadly used in the packaging of carbonated drinks, frozen food, fruits and vegetables, meat, alcoholic beverages among others. These metal cans are made of aluminum and steel which provide easy opening and safe product removal.
The food and beverages metal cans market is expected to rise in demand due to the recyclable properties of metal cans. The high nutritional value and lower prices of canned foods are also projected to flourish the growth of the food and beverages metal cans in the forecast period of 2021 to 2028. The high demand for packaged food items across the world as well as rapid change in the lifestyles of people are also anticipated to boost the demand of the food and beverages metal cans market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the rise in awareness regarding hygiene as well as high consumption of more natural foods and environmental decline are also expected to push the growth of food and beverages metal cans market in the above mentioned forecast period.
The major factor which is expected to actively drive the demand of food and beverages metal cans market is the high disposable income and extended shelf life of these cans. Likewise, the rapid increase in the on-the-go snacking trends and portable nature of metal cans and rise in the concerns about the environment will further offer various growth opportunities for the growth of food and beverages metal cans market over the forecast period of 2021 to 2028.
However, the shifting inclination towards alternative packaging options and the high growth in the trend of biodegradable packaging are expected to impede the growth of the food and beverages metal cans market in the above mentioned forecast period, whereas the rise in the usage of plastic for packaging due to lower cost can challenge the growth of the food and beverages metal cans market.
This food and beverages metal 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 localized 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, geographical expansions, technological innovations in the market. To gain more info on the food and beverages metal 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 Food and Beverages Metal Cans Market Scope and Market Size
The food and beverages metal cans market is segmented on the basis of type, material type, degree of internal pressure and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the food and beverages metal cans market is segmented into 2-piece cans and 3-piece cans.
- Based on material type, the food and beverages metal cans market is segmented into aluminum cans and steel cans.
- The degree of internal pressure segment for food and beverages metal cans market is segmented into pressurized cans and vacuum cans.
- On the basis of application, the food and beverages metal cans market is segmented into food and beverages. Food has further been segmented into fruits and vegetables, convenience food, pet food, meat and seafood and others. Others have further been sub-segmented into baby food, dairy food and oils and fats. Beverages have further been segmented into alcoholic beverages, carbonated soft drinks, sports and energy drinks and others. Others have further been sub-segmented into dairy beverages, packaged water, RTD coffee and tea, juices and nectars.
Food and Beverages Metal Cans Market Country Level Analysis
The food and beverages metal cans market is analyzed and market size, volume information is provided by country, type, material type, degree of internal pressure and application as referenced above.
The countries covered in the 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, Israel, Egypt, South Africa, 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 leads the food and beverages metal cans market because of the increase in consumer awareness towards environmental sustainability as well as the strong investment in R&D and technological advancements. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the presence of young population base with significant disposable income.
The country section of the 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 Food and Beverages Metal Cans Market Share Analysis
The food and beverages metal 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 the food and beverages metal cans market.
The major players covered in the food and beverages metal cans market report are Crown, BALL CORPORATION,Müller und Bauer GmbH & Co. KG, Ardagh Group S.A.,Kian Joo Can Factory Berhad, COFCO,HUBER Packaging Group GmbH,CCL Container, universal can Corporation, Independent Can Company, Visy, LAGEEN FOOD PACKAGING, P. Wilkinson Containers Ltd., BWAY Corporation, Gerresheimer AG, Kaira Can Company Limited., Berlin Packaging,Silgan Containers, SKS Bottle & Packaging, Inc., and Vetropack among other domestic and 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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