Metal
Cans Market: Overview
Metal
Cans are type of metal packaging systems initially introduced in the
beginning of nineteenth century, for packaging of wine, but its scope
of application has now expanded into various end-use commodity
packing purposes such as edible food & beverage items, chemicals,
oil etc. Metal Cans are generally made up of materials such as steel,
aluminum, and tin and contributes more than one third of the overall
metal packaging market. The major advantages of Metal Cans are that
they are 100% recyclable without the loss of its quality and
sturdiness. The recycle rate of metal can packaging has been two and
half times more than any other packaging solution. Another advantage
of recycling of Metal Cans is that it reduces CO2 use thereby
reducing the parent material usage.
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Metal
Cans Market: Dynamics
The
Metal Cans market is prominently propelled by its growing use in food
and beverage packaging, especially used in packaging of aerated and
non-aerated beverages. The increased personal products portfolio and
its usage will naturally augment the packaging market as well. The
consumer demand for lightweight packaging, increasing heath awareness
regarding use of non-carcinogenic packaging materials, is creating
high growth opportunities for the metal cans market. However, the
increasing replacement potential of polymer based packaging material
such as polyethylene terephthalate (PET) and polyethylene packaging
is expected to dent the market share of metal cans in the overall
packaging market, over the forecast period.
The
inception of new companies among beverage and personal care products
industry along with innovative packaging offerings are growth drivers
of the metal
cans market.
Metal
Cans Market: Segmentation
Global
metal cans market segmented on the basis of Material Type
- Steel
- Aluminum
- Tin
Global
metal cans market segmented on the basis of Can Fabrication Type
- Two Piece Metal Can
- Three Piece Metal Can
Global
metal cans market segmented on the basis of on the basis of
application
Food & Beverage
- Alcoholic Beverages
- Non–Alcoholic Beverages (Aerated and Non-Aerated Beverages)
- Processed Dairy Food Products
- Other Processed Food Products
- Edible Oil
Pharmaceutical
Industry
Personal
Care and Cosmetic Products
Industrial
Chemicals (Solvents, Dyes, Paints, Lubricants, etc.)
Metal
Cans Market: Regional Overview
The
global metal cans market has been divided into seven key geographical
regions which includes, North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific, Japan, and Middle East & Africa.
The Western Europe and North America dominates the global metal cans
market due its high consumption in food and beverage industry.
However these region anticipated to register sluggish growth due to
availability of alternative packaging. Asia Pacific market is
expected to grow at higher rate. Growth in the region is propelled by
rapidly increasing consumption of end use industries. The Asia
Pacific region has been influenced by setting up of new manufacturing
facilities from leading global OEMs owing to availability of raw
materials at cheap prices and government initiatives to promote
investment measures especially countries like South East Asian
countries. Latin America, Middle East and Africa also significantly
contributes to the metal cans market. The best example of this fact
is that Brazil being Numero Uno position of producer and exporter of
orange juice in the world, mainly endorses metal cans for its
packaging process proving as a lucrative market for the same.
Metal
Cans Market: Key Market Players
Some
of the key players in the global metal cans market are
- Rexam PLC
- Silgan Containers LLC
- Kian Joo Can Factory Berhad
- Independent Can Company
- Trinity Holdings
- Berlin Packaging Company
- Crown Holdings, Inc.
- SKS Bottle & Packaging, Inc.
- Caira Can Company Limited
- The Cary Company
- Ball Corporation
- Allstate Can Corporation
- Can Smart(PTY) LTD
- AlliedCans Limited
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