Metal Cans Market Analysis and Global Forecast to 2022

Posted on 2017-07-14 by WiseGuy Research in Transportation & Logistics // 0 Comments

PUNE, India, 2017-Jul-14 — /EPR Network/ — Market Highlights: The popularity of metal cans is growing over the past few years. Metal cans are used for storage of food, beverage, oil and others. The major advantage of metal cans are that they are 100% recyclable. Rising disposable income, changing lifestyle, increasing demand for processed food products, rising demand for alcoholic and non-alcoholic beverages fueled the demand of the market. Manufacturers are focusing on development of new products. The global metal cans market size is expected to cross USD 65 Billion at CAGR of approximately 4% by 2022.

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Key Players of Metal Cans Market:

Rexam PLC
Silgan Containers LLC
Kian Joo Can Factory Berhad
Independent Can Company
Ball Corporation
Crown Holdings, Inc,
HUBER Packaging Group GmbH
SKS Bottle & Packaging, Inc,
Ardagh Group and Can Smart (PTY) LTD.

Market Research Analysis:

The market is highly application based. Food & beverage globally drive the market due to rising disposable income and changing lifestyles. The market is expected to have higher growth rate as compared to the previous years. On the basis of material, Aluminum accounted for the largest market share. Asian countries, especially India, China and Japan expected to grow fast over the forecasted period due to large population base, increasing demand for processed food & beverages and the growing consumer market. However, North-America is the largest region for the metal cans market and is expected to grow at a steady rate.

Scope of the Report:

This study provides an overview of the global metal cans market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global metal cans market as material, type and application. On the basis of material it is segmented as Aluminum and Steel. On the basis of type it is segmented as 2-piece and 3-piece cans. On the basis of application it is widely used in food and beverage sectors.

Target Audience:

Manufactures
Raw Materials Suppliers
Aftermarket supplier
Research Institute / Education Institute
Potential Investors
Key executive (CEO and COO) and strategy growth manager

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