Packaging / Metal Cans And Barrels And Drums And Pails Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: ArcelorMittal, Ardagh Group, Ball Corporation, BWAY Corporation
Metal Cans and Barrels and Drums and Pails Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: ArcelorMittal, Ardagh Group, Ball Corporation, BWAY Corporation
Acknowledging the kind of traction gained by this market, recently published a study report asserts the Metal Cans and Barrels and Drums and Pails size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.8% the review period (2022 to 2027).
Metal Cans and Barrels and Drums and Pails Market Overview
Increasing demand for storage of food items and beverages to improve the shelf life and to ease the packaging and shipping is a key factor augmenting the demand for metal cans and barrels. Moreover, these metal cans can easily be transported without any spillage or leakage, thus resulting in less loss of food items. In addition, the storage of various chemicals in the chemical industry to prevent contact with oxygen or to prevent spillage or corrosion further augments the market growth during the review period.
Industry News and Updates:
Ball Corporation to expand cans capacity with new aluminum beverage packaging plants in UK & Russia
15 Jul 2021: Ball Corporation (NYSE: BLL), one of the world's leading manufacturers of infinitely recyclable aluminium beverage packaging, is planning to significantly increase its manufacturing capacity, with new cutting-edge facilities in the UK and Russia.
What are the major Applications, Types and Regions for Metal Cans and Barrels and Drums and Pails Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Metal Cans (Aluminum Cans and Steel Cans)
Metal Barrels
Metal Drums and Pails
By Application, it is segmented into
Food and Beverages
Chemicals
Others
Metal Cans and Barrels and Drums and Pails Market Regional Analysis
North America is expected to have a favourable impact on metal cans market demand over the forecast period, owing to increased demand for various healthy beverages, carbonated soft drinks, health drinks, and sucralose juices. In addition, widespread promotional activities and research advancements by numerous important companies have an impact on industry growth.
The food and retail industries in the United States are the primary drivers of product demand. The country's number of superstores and grocery shops is growing, and the growing number of smaller homes is a crucial component in the country's food and retail sector's expansion. As a result, demand for smaller packaging units is being directed. The demand for metal cans has increased as a result of Americans' changing lifestyles. People are too preoccupied with their hectic schedules to devote time to making preparations, so they prefer nutritious food that is ready-to-eat and simple to make. Canned food fulfils this requirement by providing convenient packaging and ready-to-eat food. Because of its capacity to keep the freshness and quality of food for a long period, the market for metal cans is expected to develop in the future.
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 Metal Cans and Barrels and Drums and Pails 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 Metal Cans and Barrels and Drums and Pails report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Metal Cans and Barrels and Drums and Pails Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 3.8% during the review period (2022 to 2027).
By Type
Metal Cans (Aluminum Cans and Steel Cans)
Metal Barrels
Metal Drums and Pails
By Application
Food and Beverages
Chemicals
Others
By Companies
ArcelorMittal, Ardagh Group, Ball Corporation, BWAY Corporation, Can-Pack S. A., CCL Industries, Cleveland Steel
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
166
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Metal Cans and Barrels and Drums and Pails Report
Evaluate Metal Cans and Barrels and Drums and Pails 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 Metal Cans and Barrels and Drums and Pails 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.
Frequently Asked Questions
What is the study period of this market?
Metal Cans and Barrels and Drums and Pails Market
What is the growth rate of Glass Microfiber Market?
The Metal Cans and Barrels and Drums and Pails Market is growing at a CAGR of 3.8% over the next 5 years.
Who are the key players in Glass Microfiber Market?
ArcelorMittal, Ardagh Group, Ball Corporation, BWAY Corporation, Can-Pack S. A., CCL Industries, Cleveland Steel Container Corporation, CPMC Holdings, Crown Holdings, Daiwa Can Company, Huber Packaging Group, Pacific Can, SCHÜTZ GmbH, Silgan Holdings, Skolnik Industries, Tata Steel Group, Toyo Seikan Group
What regions regions does this Glass Microfiber 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 Glass Microfiber Market?
Metal Cans (Aluminum Cans and Steel Cans), Metal Barrels, Metal Drums and Pails
What are the major end-use applications of Glass Microfiber Market?
Food and Beverages ,Chemicals ,Others
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 METAL CANS AND BARRELS AND DRUMS AND PAILS MARKET BY TYPE
GLOBAL METAL CANS AND BARRELS AND DRUMS AND PAILS MARKET BY APPLICTAION
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR METAL CANS AND BARRELS AND DRUMS AND PAILS
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
METAL CANS AND BARRELS AND DRUMS AND PAILS GROWTH
APPLICATION OF METAL CANS AND BARRELS AND DRUMS AND PAILS
IMPACT OF COVID 19
GLOBALMETAL CANS AND BARRELS AND DRUMS AND PAILSMARKET, BY TYPE
INTRODUCTION
METAL CANS (ALUMINUM CANS AND STEEL CANS)
METAL BARRELS
METAL DRUMS AND PAILS
GLOBAL METAL CANS AND BARRELS AND DRUMS AND PAILSMARKET, BY APPLICATION
INTRODUCTION
FOOD AND BEVERAGES
CHEMICALS
OTHERS
GLOBAL METAL CANS AND BARRELS AND DRUMS AND PAILSMARKET, 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.