Comprehensive Report Unveils Market Values, Scope, Research Methodology, Drivers, Restraints, and Regional Insights for Food & Beverage Metal Cans Industry
Pune, 18.08.2023 : The Food & Beverage Metal Cans Market, a vital sector catering to the demands of urbanized lifestyles and the growing preference for packaged products, is anticipated to surge to new heights. The market is projected to achieve a value of US$ 56.79 billion by 2029, exhibiting a commendable Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. This press release offers an in-depth analysis of the Food & Beverage Metal Cans Market, encompassing market values, report scope, research methodologies, driving factors, challenges, and regional trends.
Food & Beverage Metal Cans Report Scope and Research Methodology
The extensive “Food & Beverage Metal Cans Market” report employs a robust research methodology to provide a comprehensive analysis of the industry landscape. The report covers historical data, current trends, and future projections, taking into account both market dynamics and technological advancements.
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What are Food & Beverage Metal Cans Market Dynamics?
The rise in urbanization and fast-paced lifestyles has led to increased consumption of processed food and beverages. Food & Beverage Metal Cans offer a safe and convenient solution for storing these products, preserving their quality and nutrient content. The economic viability and recyclable nature of metals such as Aluminum and Steel further contribute to the growth of this market.
Restraints and Challenges:
The presence of Bisphenol-A in Tin Cans, which may impact food and consumer safety, poses a challenge to the growth of the Food & Beverage Metal Cans Market. Additionally, environmental protection campaigns advocating for alternatives to metal cans can impede market expansion.
What is Food & Beverage Metal Cans Segmentation?
by Raw Material
Aluminum
Steel
In terms of raw materials, it has been noted that the production of metal cans now uses more aluminium and steel due to stricter safety regulations. The demand for aluminium from the metal can production sector has increased by 3.8%. Steel use has gone up by 2.4% as a result of metal cans being made out of it more frequently. Another metal used in the production of metal cans for keeping food and beverages is tin.
by Can Type
For Food
For Beverages
For Aerosols
Others
More over 30% of the metal cans produced, broken down by can type, are used to store beverages. The usage of metal cans for food storage has increased by 1.3% as a result of a rise in the consumption of convenience foods. The FMCG sector has increased its use of metal cans for storing aerosols by 2.1% as a result of consumers’ growing desire for personal care goods. Metal cans are used to store and transport a variety of things.
by Application
Food Products
Dairy and Frozen Food Products
Fruits and Vegetables
Convenience Food Products
Pet Food
Beverages
Others
By application, it has been noted that the food industry’s use of metal cans has increased by 2.2% as a result of the rise in demand for convenience foods. A 3.6% increase is the result of increased aerated and alcoholic beverage consumption worldwide.
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Who are Food & Beverage Metal Cans Market Key Players?
1. Crown Holdings, Inc.
2. Ball Corporation
3. Silgan Holdings, Inc.
4. CCL Industries
5. Allied Cans
6. Independent Can Company
7. Ardagh Group
8. Huber Packaging Group GmbH
9. Mauser Packaging Solution LLC
10. P. Wilkinson Containers Ltd.
11. Muller und Bauer GmbH
12. Masilly Holdings S.A.S.
13. Unimpack
14. Kian Joo Group
15. Universal Can Corporation
16. Toyo Seikan Group Holding Ltd.
17. CPMC Holdings Ltd.
18. Lageen Food Packaging
Table of content for the Food & Beverage Metal Cans Market includes:
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Food & Beverage Metal Cans Market Size, by Market Value
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2019
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Food & Beverage Metal Cans Market
3.4. Geographical Snapshot of the Food & Beverage Metal Cans Market, By Manufacturer share
4. Global Food & Beverage Metal Cans Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Food & Beverage Metal Cans Market
5. Supply Side and Demand Side Indicators
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Regional Insights:
Different regions exhibit varying degrees of growth and market preferences within the Food & Beverage Metal Cans industry. North America, Asia-Pacific, Europe, South America, and the Middle East & Africa are analyzed for their impact on market dynamics and trends.
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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