Metal Cans means clean, empty metal containers made of aluminum or tin-plated or zinc-plated steel, commonly used for packaging food and beverages. They are used to store food, beverages, oil, chemicals, etc. Metal cans are light in weight and very easy to stack. Metal Cans can be made out of two or three pieces of metal. Can bodies be either formed as 3-piece welded cans (3PC), 2-piece drawn and redrawn (DRD) cans, or as 2-piece drawn and ironed (D&I) cans.
MARKET DYNAMICS
The metal cans market has witnessed significant growth due to rising disposable income and changing life style, consumers are inclined towards the usage of canned food and beverages. Moreover, due to consumers? concern towards the natural environment increases, the manufacturers are emphasizing towards the production of recyclable metal cans, owing to its higher recycle rate that provide a huge market opportunity for the key players operating in the metal cans market. However, fluctuating price of the raw material, such as aluminum and steel are projected to hamper the overall growth of the metal cans market.
MARKET SCOPE
The "Global Metal Cans Market Analysis to 2028? is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the metal cans market with detailed market segmentation type, application, and geography. The global metal cans market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal cans market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global metal cans market is segmented on the basis of type and application. On the basis of type, the global metal cans market is divided into aluminium and steel. On the basis of application, the global metal cans market is divided into food, beverage, other end-user verticals.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global metal cans market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The metal cans market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the metal cans market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the metal cans market in these regions.
MARKET PLAYERS
The reports cover key developments in the metal cans market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from metal cans market is anticipated to lucrative growth opportunities in the future with the rising demand for metal cans in the global market. Below mentioned is the list of few companies engaged in the metal cans market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metal cans market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amcor Ltd.
- Ardagh Packaging Group Plc
- Ball Corp.
- CPMC Holdings Ltd.
- CPMC Holdings Ltd.
- Crown Holdings Inc
- Kian Joo Group
- Rexam Plc
- Silgan Containers Corporation
- Sonoco Phoenix Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.