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Download Free sampleThe global Food & Beverage Metal Cans market was valued at 4336 Million USD in 2021 and will grow with a CAGR of 3% from 2021 to 2027, based on Research newly published report.
The prime objective of Food 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 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 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.
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