The Metal Cans Market report is absolutely a designed solution with detailed analysis for efficiently designing strategies for marketers by higher authority. The research report is accurate in its offering with effective objectives and conclusions. The entire report is accompanied by collecting data through surveys and qualitative methodologies, later analyzed by an experienced analyst. In addition to this, this report contains the overall details of the market, including growth paths, market trends, opportunities, challenges, limitations, and major players of the respective market. Additionally, the above-mentioned entities have studied for the forecast period of 2018 to 2025.
Metal cans are cylindrical metal containers used for storing food, beverages, and aerosols. They are easy to stack, retain nutritional value, stay cold for a longer duration, less space-consuming and are UV & chemically safe. Tin, steel or aluminum is the most used metals for can production. The food industry utilizes metal cans to store products like fruits, vegetables, pet food, seafood and soups, etc., whereas the beverage industry consumes it for alcoholic beverages, fruit and vegetable juices, carbonated soft drinks, sports and energy drinks.
The beverage industry is the biggest end-user of the global metal can market. Within the beverage industry, alcoholic beverages hold a greater share in the global metal cans market than non-alcoholic beverages. However, within the food industry, vegetable consumes the maximum amount of metal cans followed by fruits.
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Chemical safety, recyclable nature and increased consumption of canned foods have been the major driving forces behind the growth of global metal cans market. However, competition from PET & HDPE can significantly hamper the growth of this market. Fluctuating feedstock prices can affect the growth of this market as well. In addition, metal cans have been in negative limelight owing to its non-biodegradability. However, product innovation and waste minimization can help reverse the scenario.
North America leads the global metal cans market in terms of both demand and production followed by Europe and the Asia Pacific. However, Asia-Pacific is projected to emerge as a fast-growing market in the later stage of the forecast period, with India & China being the regional leaders. The key players in global metal cans market include Heineken, Ball Corporation, BWAY, Rexam Plc, Crown Holdings, CPMC Holdings Ltd, Amcor Ltd, Silgan Containers Corporation, Ardagh Packaging Group and Sonoco Phoenix.
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