Packaging Cans Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Rexam PLC, Silgan Containers LLC, Kian Joo Can Factory Berhad, Independent Can Company

Registering a CAGR of 4.3% over the forecast period of 2022-2027, the global Packaging Cans Market is anticipated to reach the market value of USD 193.24 billion by 2027 from USD 138.11 billion in 2020.

Packaging Cans Market Overview

The demand for packaging cans products such as aluminum cans in the United States and Europe has always been on the advanced side. With the increasing middle -income group population, changing lifestyle, and evolving consumer preferences, the consumption rates in the Asian and Southeast Asian countries are also increasing steadily. The consortium, called the Aluminum Beverage Can Association of India (ABCAI), advocates swapping plastic and glass with aluminum as packaging material. Ready or on-the-go meals have also been observing a steady demand for their convenience, especially among consumers with busy lifestyles. Therefore, large organized retailers have started to stack vast amounts of canned food and beverages. Nowadays, offline and online retailers stock a wide range of brands of packaged food items in their stores. Metal packaging is suited as containers for beverages as they are easy to cool, great for keeping the contents fresh and prevent breakages when on the go, due to the material's strength.

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 Packaging Cans Market?

The Packaging Cans 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 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, Allied Cans Limited,

Recent Developments:

• January 2020 - Ball Corporation launched a new impact extruded aluminum bottle line that provides a circular solution to plastic pollution. With various shapes and sizes, this impact extruded aluminum bottle can be customized for numerous beauties, personal care, food, and beverage products. Unlike other substrates in these categories, such as plastic shampoo bottles or jars for cosmetics, Ball's aluminum bottles are infinitely recyclable, and can be turned into other aluminum products repeatedly.

What are the major Applications, Types and Regions for Packaging Cans Market?

Packaging Cans Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Steel


• Aluminum


• Tin


• Others

By Applications it is segmented into

• Food & Beverage


• Pharmaceutical Industry


• Personal Care and Cosmetic Products


• Industrial Chemicals

Packaging Cans Market Regional Analysis

The North American region accounts for an important share of the metal packaging industry due to sustenance by the high concentration of consumer goods, manufacturers, and packaged goods manufacturers. Due to this, the packaging industry in this region is well established. Stringent government regulations and standards are responsible for the bigger proliferation of metal packaging products in the region. The massive consumption of canned food in North America is also responsible for the growth in the metal packaging industry's growth. Canada observes the effects of steel and aluminum tariffs on the craft beer industry.

• 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 Packaging Cans Market report scope?

Scope of the Report covers Packaging Cans Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Packaging Cans Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Packaging Cans Report

• Evaluate Packaging Cans 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 Packaging Cans 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.

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.