Metal Cans Market Size, Share, Trends, Industry Demand, Regional Outlook and Forecast to 2023
Segmentation
The global Metal Cans Market Size, has been segmented on the basis of material, type, application, and region. Based on material, the global Metal Cans Market Size, has been segmented into aluminum, steel, and tin. The aluminum segment commands the dominant share of the global Metal Cans Market Size, owing to the high utilization of aluminum due to its light-weight and non-reactive nature towards all kinds of beverages and food items.
Metal Cans Industry: Regional Analysis
Geographically, the global Metal Cans Market Size, has been segmented into four major regions such as North America, Europe, Asia Pacific and the rest of the world. The North America and Europe region are currently projecting dominance over the global Metal Cans Market Size,. Changing lifestyle, increased popularity of canned food products, high demand for packaged alcoholic and nonalcoholic beverages and changing dietary habits are majorly propelling the growth of the Metal Cans Market Size, in the North America region. High demand for metal cans in food and beverages industry is fueling the expansion of the Metal Cans Market Size, in the Europe region. Rise in production of metal cans due to the availability of cheap raw materials and labor in the emerging economies is also contributing to the growth of the Metal Cans Market Size, in the Asia Pacific region.
Key Players
Some of the prime player profiled by MRFR that are operating in the global Metal Cans Market Size, are Rexam plc (the U.K.), Silgan Containers LLC (the U.S.), Kian Joo Can Factory Berhad (Malaysia), Independent Can Company (the U.S.), Ball Corporation (the U.S.), Crown Holdings, Inc. (the U.S.), HUBER Packaging Group GmbH (Germany), SKS Bottle & Packaging, Inc. (the U.S.), Ardagh Group S.A. (Luxembourg), Berlin Packaging (the U.S.), Kaira Can Company Limited (India), The Cary Company (the U.S.), Allstate Can Corporation (the U.S.), Allied Cans Limited (Canada), and CPMC Holdings Limited (China). The players in the global Metal Cans Market Size, are retaining their dominance over the global Metal Cans Market Size, by expanding their product profile by introducing innovative products in the global market. Initiatives of strategic mergers and acquisitions are aiding these players for sustaining the competition in the global Metal Cans Market Size, during the assessment period.
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