Global Food & Beverage Metal Cans Market Overview
Metal can is a type of container manufactured to carry a fixed quantity of liquid such as food and beverages which includes alcoholic beverages, teas, carbonated soft drinks, herbal teas, energy drinks, fruit juices, and oil. Aluminum or tin-plated steel is used to make these cans. Additionally, these cans are fully and infinitely recyclable without any quality loss.
Global Food & Beverage Metal Cans Market Dynamics
High recyclable rates of aluminum
Growing utilization of metal packaging for food & beverages packaging offers an environment-friendly and sustainable solution for packaging in multiple applications. Aluminum cans are appropriate to store in refrigerators and ovens. Changes in consumer preferences are seen for food & beverage packaging. As per the data published by Environmental Protection Agency of the United States (EPA), 1.9 million tons of aluminum packaging was produced for soft drinks and beer cans, and 49.2% of aluminum beverage cans were reused. The metal packaging for the food industry is regarded as safe, which is one of the major factors to support its growth in the target market.
Technological Advancements
Numerous food and beverage metal can producers are also expanding their businesses to developing countries in order to lower labor costs. Moreover, ability to enhance the self-life of packaged food items and cheaper price of metal cans is projected to keep the demand for these cans significantly high over the forecast period.
Corrosion effect
The corrosion effect related with tin when in contact with acidic fruits and foods is expected to hamper the food & beverage metal cans market growth. Moreover, limited shelf life of a food & beverage metal cans because of physicochemical changes in foods, such as loss of nutrients (proteins, vitamins, etc.) or sensorial deterioration (flavor, aroma, etc.) may also limit growth of the target market.
Global Food & Beverage Metal Cans Market Segmentation
The food & beverage metal cans market is segmented based on product, type, application, and region.
On the basis of product, the food & beverage metal cans market is segmented into aluminum and steel. Based on type, the target market is segmented into 2-piece cans and 3-piece cans. Based on application, the target market is segmented into food (fruits & vegetables, meat & seafood, pet food, and convenience food), beverage (alcoholic beverages (beer, cider, and spirits), carbonated soft drinks (CSDS), fruit & vegetable juices, and sports & energy drinks)
Regional Insights:
On region the food & beverage metal cans market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is accounted to register major revenue share in the global food & beverage cans market, in 2017 and is projected to maintain its dominance in the coming years. Increasing consumption of alcoholic beverages such as beer is projected to be a major factor boosting market growth in this region. Further, rising concerns regarding consumption of sustainable packaging materials are expected to drive the global market growth. Moreover, growing demand for sports drinks such as Red Bull, Monster, and Gatorade in the region is anticipated to propel market growth over the forecast period. Additionally, rising demand for frozen foods is expected to expand market growth throughout the forecast period.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2025 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2025 |
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Market Segmentation |
By Product - Aluminum and Steel By Type - 2-piece Cans and 3-piece Cans By Application- Food (Fruits & Vegetables, Meat & Seafood, Pet Food, and Convenience Food), Beverage (Alcoholic beverages (Beer, cider, and spirits), Carbonated soft drinks (CSDs), Fruit & Vegetable Juices, And Sports & Energy Drinks) |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2025. For the purpose of this study, has segmented the Food & Beverage Metal Cans market report based on product, type, application, and region.
Food & Beverage Metal Cans Market, By Product:
- Aluminum
- Steel
Food & Beverage Metal Cans Market, By Type:
- 2-piece Cans
- 3-piece Cans
Food & Beverage Metal Cans Market, By Application:
- Food
- Fruits & vegetables
- Meat & seafood
- Pet food
- Convenience food
- Beverage
Alcoholic beverages (Beer, cider, and spirits)
- Carbonated soft drinks (CSDs)
- Fruit & vegetable juices
- Sports & energy drinks
Food & Beverage Metal Cans Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- U.S.
- Canada
- Middle East & Africa
Global Food & Beverage Metal Cans Market Key Players
The key players operating the food & beverage metal cans market includes Ball Corporation, CPMC Holdings Limited, Crown Holdings, Inc., Tetra Laval International S.A., Orora Packaging Australia Pty Ltd., Silgan Holdings Inc., Mahmood Saeed Food & beverage Cans & Ends Industry Company Limited, Ardagh Group S.A., Silgan Holdings Inc., and Can Pack S.A. Prominent key players are engaged in marketing and development strategies, along with the enhancing their product portfolios in order to obtain a leading position in the target market. For instance, in October 2019, Ball Corporation declared the launch of its new aluminum cups manufacturing plant in Rome, Georgia. This construction was aimed for growing demand for beverage packaging in the US. This new plant will help the company to increase its presence in the US region.
Global Food & Beverage Metal Cans Market Company Profile
- Ball Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CPMC Holdings Limited
- Crown Holdings, Inc.
- Tetra Laval International S.A.
- Orora Packaging Australia Pty Ltd.
- Silgan Holdings Inc.
- Mahmood Saeed Food & beverage Cans & Ends Industry Company Limited
- Ardagh Group S.A.
- Silgan Holdings Inc.
- Can Pack S.A
“*” marked represents similar segmentation in other categories in the respective section
Global Food & Beverage Metal Cans Market Table of Contents
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- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Food & Beverage Metal Cans Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Product, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Aluminium
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Steel
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- 2-piece Cans
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- 3-piece Cans
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Food
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Fruits & Vegetables
- Meat & Seafood
- Pet Food
- Convenience Food
- Beverage
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Alcoholic beverages (Beer, cider, and spirits)
- Carbonated soft drinks (CSDs)
- Fruit & vegetable juices
- Sports & energy drinks
- Overview
- Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Ball Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- CPMC Holdings Limited
- Crown Holdings, Inc.
- Tetra Laval International S.A.
- Orora Packaging Australia Pty Ltd.
- Silgan Holdings Inc.
- Mahmood Saeed Food & beverage Cans & Ends Industry Company Limited
- Ardagh Group S.A.
- Silgan Holdings Inc.
- Can Pack S.A.
- Ball Corporation
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Food & Beverage Metal Cans Market is segmented into Product, Type, and Distribution Channel
Various factors, including the growing demand for convenient and sustainable packaging solutions, increasing consumption of canned food and beverages, recyclability of metal cans, and technological advancements in can manufacturing, are driving the growth of the Food & Beverage Metal Cans Market.
The Food & Beverage Metal Cans Market faces challenges such as competition from alternative packaging materials, concerns related to the environmental impact of metal extraction and can production, and fluctuating raw material prices, which act as restraints on its global expansion.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Food & Beverage Metal Cans Market.
The key players operating in the target market include CPMC Holdings Limited, Crown Holdings, Inc., Tetra Laval International S.A., Orora Packaging Australia Pty Ltd., Silgan Holdings Inc., Mahmood Saeed Food & Beverage Cans & Ends Industry Company Limited, Ardagh Group S.A., Can Pack S.A, and Ball Corporation.