Aluminum Food Can Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Ball Metalpack, Crown Holdings, Ardagh group

Registering a CAGR of 6.8% over the forecast period of 2022-2027, the global Aluminum Food Can Market is anticipated to reach the market value of $25.91 billion in 2027 from $24.41 billion in 2020.

Aluminum Food Can Market Overview

Aluminum cans are made from alloys of aluminum, which are usually strong and very lightweight. Food cans used regularly are either 2-piece cans or 3-piece cans. Food cans are used in meat, poultry, and seafood, pet food, bakery and confectionery, sauces, jams and pickles, fruits and vegetables, tea and coffee, and further applications. According to The Aluminum Association, an average aluminum can contain 70% recycled metal, production it, by far, the most recycled beverage container. Aluminum cans deliver 100% protection against oxygen, light, moisture, and other contaminants. They are hard to corrosion and provide one of the longest shelf lives of any type of packaging. The lightweight and easily stackability of these cans provide storage and shipping efficiencies and limit overall transportation carbon emissions through logistics and supply chains, thus heavy its adoption in packaging.

In the packaging of medical and food products, moisture control is the main concern, and thermoform plastic acts as barrier films to bring the product in good condition. Thin walling used in various packaging applications has been an additional development factor for the market.

Who are the Major Players in Aluminum Food Can Market?

The Aluminum Food Can Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Ball Metalpack, Crown Holdings  Inc. (NYSE:CCK), Ardagh group, Toyo Seikan Group Holdings, Ltd. (Tokyo:5901.T), Silgan Holdings Inc (NasdaqGS:SLGN), Can Pack Group, Daiwa Can Company, ORG Technology Co.,Ltd. (Shenzhen:002701.SZ), CPMC Holdings Limited (HKSE:0906.HK), Hokkan Holdings Limited (Tokyo:5902.T), Baosteel Packaging, Showa Aluminum Can Corporation, ShengXing Group

Recent Developments:

May 2020 - Crown Holdings Inc. started building its new USD 147.6 million 327,000-square-foot can manufacturing facility in Bowling Green, Kentucky, and plans to open the facility in spring 2021. Its subsidiary CROWN Cork & Seal USA Inc. will own and operate the advanced-manufacturing plant. It will initially manufacture 1.3 billion cans per year at a rate of 2,800 cans per minute. Crown Holdings Inc. launched new gifting tin for brands using decorative finishes and textures on metal packaging for attracting consumers. The gifting tin’s inks create an oxidized mineral effect, giving the appearance of natural weathering over time and draws on a color palette that embraces the diversity of nature.

July 2019, Ardagh Group, a Luxembourg-based producer of glass and metal products launched a new slimline 187 ml, which are specifically designed to present and protect wine and wine-based drinks. The can is airtight, lightproof, and shatterproof and is composed of 100% recyclable aluminum. Both the end and the body of this innovative design has unique requirements to preserve the wine's quality throughout filling, transit, and storage.

What are the major Applications, Types and Regions for Aluminum Food Can Market?

Aluminum Food Can Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

•     Three Piece Can


•     Two Piece Can

By Applications it is segmented into

•     Fruits and Vegetables


•     Meat and Seafood


•     Pet Food


•     Soups


•     Other Food

Aluminum Food Can Market Regional Analysis

The North American region contains the United States and Canada. The region is anticipated to have a significant market share in the Aluminum food cans market. Food processing is one of the main manufacturing sectors in the United States, which is driving the claim for food cans in the region. According to the United States Department of Agriculture, 16% of the value of shipments from all manufacturing plants in the United States comes from food processing plants.

• 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 is our Aluminum Food Can Market report scope?

Key Takeaways from this Aluminum Food Can Report

• Evaluate Aluminum Food Can 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 Food Can market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Aluminum Food Can Market is studied from 2017 - 2027.

What is the growth rate of Aluminum Food Can Market?

The Aluminum Food Can Market is growing at a CAGR of 6.8% over the next 5 years.

Who are the leading key players in Aluminum Food Can Market?

Ball Metalpack, Crown Holdings  Inc. (NYSE:CCK), Ardagh group, Toyo Seikan Group Holdings, Ltd. (Tokyo:5901.T), Silgan Holdings Inc (NasdaqGS:SLGN), Can Pack Group, Daiwa Can Company, ORG Technology Co.,Ltd. (Shenzhen:002701.SZ), CPMC Holdings Limited (HKSE:0906.HK), Hokkan Holdings Limited (Tokyo:5902.T), Baosteel Packaging, Showa Aluminum Can Corporation, ShengXing Group,

What regions regions does this Aluminum Food Can Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Aluminum Food Can Market?

Three Piece Can, Two Piece Can

What are the significant Applications of Aluminum Food Can Market?

Fruits and Vegetables, Meat and Seafood, Pet Food, Soups, Other Food

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