Packaging / Aluminum Cans For Food And Beverage Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Crown Holdings(NYSE: CCK), Silgan Holdings Inc(NasdaqGS : SLGN), Can Pack Group(CUL: CARDS.REGA)
Aluminum Cans for Food and Beverage Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Crown Holdings(NYSE: CCK), Silgan Holdings Inc(NasdaqGS : SLGN), Can Pack Group(CUL: CARDS.REGA)
Acknowledging the kind of traction gained by this market, recently published a study report asserts the Aluminum Cans for Food and Beverage Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.51% during the review period (2022 to 2027).
Aluminum Cans for Food and Beverage Market Overview
The high recyclable costs of aluminum cans and increasing awareness among consumers about healthy nutrients in food and beverages, and rise in the number of health-conscious consumers have led to increase the demand for metal cans during the forecast period. The increase in the awareness related the disadvantages of using plastics and the initiative of government in banning use of such plastics that affects the environment badly has increased the growth of Aluminum Cans for Food and Beverage Market during the forecast period. Nowadays, metal packaging for food is gaining popularity owing to its different features such as resistance to transportation and irregular handling, hermetically sealed cover, and easy recyclability. Most widely used metals for packaging involves steel and aluminum, as metal can coating avoid corrosion and support to maintain quality of product such as flavor of the food which is expected to increase the demand of food and beverage aluminum cans in the upcoming years.
Who are the Major Players in Aluminum Cans for Food and Beverage Market?
The global Aluminum Cans for Food and Beverage includes identification and analysis of the various market participants competing in the global market. Prominent competitors include 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
Industry News and Updates:
Ball Corporation’s Decision To Raise Aluminum Can Orders Is Unwelcome News For The Craft Beer Industry
Nov 20, 2021:The surge in the use of aluminum cans brought on by changing consumer trends accelerated by the pandemic has led Ball Corporation, one of the largest can manufacturers in the country, to change its ordering procedures. The resulting restrictions could potentially damage the bottom line of many small and medium-sized craft breweries, distillers, and other beverage companies, just when many of them are finally starting to recover from the last two years.
What are the major Applications, Types and Regions for Aluminum Cans for Food and Beverage Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
2 Piece Cans
3 Piece Cans
By Application, it is segmented into
Food
Beverage
Aluminum Cans for Food and Beverage Market Regional Analysis
North America is considered to be one of the most attractive market for aluminium cans for food and beverage. The U.S. is expected to hold around 87% of aluminium cans market share in North American in 2021.The U.K. is expected to be the second largest market across Europe due to the large consumption of alcoholic and non-alcoholic beverages. FMI estimates, the U.K. is anticipated to hold around 18% of the market share in 2021.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Aluminum Cans for Food and Beverage describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Aluminum Cans for Food and Beverage report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Aluminum Cans for Food and Beverage Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 6.51% during the review period (2022 to 2027).
By Type
2 Piece Cans
3 Piece Cans
By Application
Food
Beverage
By Companies
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
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
162
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Aluminum Cans for Food and Beverage Market Report
Evaluate Aluminum Cans for Food and Beverage market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Aluminum Cans for Food and Beverage market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Aluminum Cans for Food and Beverage Market is studied from 2017-2027.
What is the growth rate of Aluminum Cans for Food and Beverage Market?
The Aluminum Cans for Food and Beverage Market is growing at a CAGR of 6.51% over the next 5 years.
Who are the key players in Aluminum Cans for Food and Beverage Market?
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 and others
What regions does this Aluminum Cans for Food and Beverage Market report covers?
North America (US , Canada)
Europe (Germany ,France ,UK , Italy ,Spain ,Rest of Europe)
Asia-Pacific (China ,Japan ,India ,Australia , South Korea , Rest of Asia-Pacific)
Rest of the World (Middle East & Africa , Latin America)
What are the significant types of Aluminum Cans for Food and Beverage Market?
2 Piece Cans ,3 Piece Cans
What are the major end-use applications of Aluminum Cans for Food and Beverage Market?
Food , Beverage
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE BY TYPE
GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE BY APPLICTAION
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
GLOBAL GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE GROWTH
APPLICATION OF GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE
IMPACT OF COVID 19
GLOBALALUMINUM CANS FOR FOOD AND BEVERAGE, BY TYPE
INTRODUCTION
2 PIECE CANS
3 PIECE CANS
GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE, BY APPLICATION
INTRODUCTION
FOOD
BEVERAGE
GLOBAL ALUMINUM CANS FOR FOOD AND BEVERAGE, BY REGION
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.