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Food & Beverage Metal Cans Market by Type, Material, Application and Food

Food & Beverage Metal Cans Market: Global Analysis

  • October 2016
  • 146 pages
  • ID: 4268635
In this report:
The global consumption for aluminum is projected to grow at the highest CAGR of ##.##% from 2016, to reach ##.## billion units by 2022.
For instance, the company acquired FC Packaging (Hong Kong), a leading manufacturer of different types of cans and metallic covers to enhance the market share, processing capacity and geographical network.
Additionally, recycling of metal cans can save up to ##% of energy, leading to reduced energy consumption in product recycling.

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"Food & beverage metal cans market is estimated to rise at a compound annual growth rate of 3.60 percent in terms of quantity"

The food & beverage metal cans market has grown quickly in the last few years and is projected to extend 551.38 billion units by 2022, and by value it is projected to extend ~$63.0B by 2022. The primary factors driving the food & beverage metal cans market are, the recyclable and reusable properties of metal cans, nutritional contents & cheaper price of canned food, and hygiene provided by packaged food & beverage products. The main restraints are clients moving towards alternative packaging options, high cost of metals, and the rise of metal cans is sluggish in developed sectors.

"Aluminum: most widely used material to manufacture food & beverage metal cans"

Aluminum is the most widely used material in the food & beverage metal cans process to manufacture food & beverage metal cans. Aluminum possesses many advantages over steel cans including they are lightweight and have the more important recycling rates as distinguished to any other packaging material.

"Sports & energy drinks is the quickest-rising sub-application of the beverage metal cans market"

Metal cans are prominently used to package different beverage products due to their design and tendency towards chilling rapidly. Sports & energy drinks are the quickest-increasing sub-application of the beverage metal cans market. It is a part of functional drinks market, with the huge market potential and the increasing preference. Promotional cans for sports & energy drinks, launched in marketing campaigns and social media drive the beverage metal cans market.

"Emerging economies: The future of the food & beverage metal cans sector"

Emerging economies including BRIC (Brazil (BR), Russian Federation, India (IN), and China (CN)) and CIVETS (Colombia (CO), Indonesia (ID), Vietnam (VN), Egypt (EG), Turkey (TR), and South Africa (ZA)) are poised to account for much of the overall increase for metal cans in the upcoming years. Increase in these countries is mainly influenced by the favorable demographics, growing household incomes, and busy lifestyles of consumers, inclining them towards ready meals and canned foods in particular.

Food & beverage firms are pursuing aggressive increase strategies in emerging economies by diversifying their product offerings and strengthening its distribution base. Metal can packaging companies can growth their presence by serving their customers in new regions including Asia, Latin America area, the Middle East (ME), and African continent. Increase in these developing regions over the next few years exhibits promising opportunities for business expansion.

Break-up of Primaries:

- By Company category: Tier 1 - 40 %, Tier 2 - 40.0 percent, and Tier 3 - 20.0 percent

- By Description: C-suite - 40.0 percent, D-level -10.0 percent, and Grade of manager - 50.0 percent

- By area: North america (NA) - 20.0 percent, Europe - 60.0 percent, Asia-Pacific - 20.0 percent

The key players in the food & beverage metal cans market are Crown Holdings, Incorporated, Ball Corporation, Silgan Holdings Inc., Ardagh Group, and CAN-PACK S.A.. Other players including T Kian Joo Group, CPMC Holdings Limited, Kingcan Holdings Limited, Tetra Laval International S.A., and HUBER Packaging Group GmbH also have a strong presence in the overall food & beverage metal cans market.

Segment Research

The food & beverage metal cans market is divided on the basis of type, material, application, and area. The application segment is further divided into their sub-application including food metal cans market and beverage metal cans market. The region segment is detached into North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe. Moreover, the market research also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

- To get comprehensive overview of the overall food & beverage metal cans market

- To benefit a wide range of information about the top actors in this market, their products portfolios, and top strategies approved by them

- To benefit insights of the main regions/territories in which the metal cans sector is prospering

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