Food and Beverage Metal Cans Market

The global Food and Beverage Metal Cans market was valued at 4220.27 Million USD in 2021 and will grow with a CAGR of 2.78% from 2021 to 2027, based on newly published report.

The prime objective of Food and Beverage Metal Cans Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Food and Beverage Metal Cans Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Metal can are the containers used for the storage of food, beverages, oil, chemicals, etc. Metal can is light in weight and very easy to stack. It is a single-walled container constructed wholly of tinplate, blackplate (including tin-free steel), waste plate, aluminum sheet or impact extrusions, designed for packaging products. Food and Beverage Metal Cans Market only focus on the metal cans used in the food and beverage industry.Global giant manufactures mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Ball Corporation and Crown Holdings have relative higher level of product`s quality. As to EU, Ardagh group has become as a leader. The key consumption markets locate at developed region. The North America takes the market share of 27%, followed by Europe with 22%. Asia is projected to be the fastest-growing market for food & beverage metal cans due to booming economy with a large population base ready to spend on processed food & beverages, and rapidly growing consumer markets of China, India, and Japan. The global key players are Ball Corporation, Crown Holdings, Ardagh group, Toyo Seikan, Silgan Holdings Inc, Can Pack Group and Daiwa Can Company, etc. The global top five players hold a share over 50% in 2019.

By Market Verdors:

• Ball Corporation
• Crown Holdings
• Ardagh group
• Toyo Seikan
• Silgan Holdings Inc
• Can Pack Group
• Daiwa Can Company
• ORG Technology
• CPMC Holdings
• Hokkan Holdings
• Baosteel Packaging
• Showa Aluminum Can Corporation
• ShengXing Group

By Types:

• Three-Piece Cans
• Two-piece Cans

By Applications:

• Food Industry
• Beverage Industry

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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