Metal Cans Market for Food and Beverage Industry by End-user and Geography - Global Forecast to 2025
NEW YORK, June 16, 2022 /PRNewswire/ -- The Metal Cans Market Report for Food and Beverage Industry analyzes the market's competitive landscape and offers information on several market vendors, including Amcor Plc, Ardagh Group SA, Ball Corp., Berlin Packaging LLC, COFCO Corp., Crown Holdings Inc., Fujian Hejin Food Can Industry Co. Ltd., J.L. Clark, National Can Industries Pty Ltd., and Silgan Holdings Inc. The metal cans market for food and beverage market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The market value is set to grow by USD 9.78 billion, progressing at a CAGR of 3.61% from 2020 to 2025, as per the latest report by Technavio.
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Metal Cans Market Driver for Food and Beverage Industry
Increasing launch of new food and beverage products in metal cans:
The increasing launch of new food and beverage in meatal cans is one of the drivers of the market. Nowadays, vendors prefer using metal cans for packaging new products. For instance, The mackerel line contains skinless and boneless mackerel fillets in marinades, and the tuna range features hand-picked pieces of tuna infused in oil. In May 2019, John West Foods Ltd. (John West) launched a new range of tuna toppings in the UK. Thus, the rising number of launches of food and beverage products in metal cans is expected to drive the growth of the metal cans market for the food and beverage industry during the forecast period.
Metal Cans Market Trend for Food and Beverage Industry
Rise in adoption of reusable packaging:
The increasing adoption of reusable packaging by consumers due to the rising concerns about environmental pollution is one of the trends that would positively influence the growth of the market in focus during the forecast period. Metal cans can be reused multiple times without losing the quality of their material. A rise in the need for sustainable packaging and the reducing use of plastic packaging has led to an increase in the demand for reusable packaging. Some of the biggest global brands are focusing on introducing reusable packaging to phase out single-use plastic packaging. For instance, in January 2019, Nestl SA (Nestl ) announced its partnership with Loop. Such initiatives by various end-users will eventually lead to a rise in the demand for reusable packaging, including metal cans, which, in turn, will drive the growth of the market in focus during the forecast period.
The metal cans market for food and beverage industry is segmented by End-user (beverage and food).
Key Market Segmentation
Segmentation by End user:
Beverage:
The metal cans market for food and beverage market share growth by the beverage segment will be significant during the forecast period. The increasing launch of new beverages in metal cans is supporting the growth of the segment. There is a shift in the preference of beverage manufacturers, especially beer manufacturers, from glass bottles to metal cans as cans are lighter, incur low shipping costs, and keep beer in a better condition than glass. This, in turn, is expected to drive the growth of the market in focus during the forecast period.
Food
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Metal Cans Market for Food and Beverage Industry Report Covers the Following Areas:
The metal cans market for food and beverage industry is segmented by Geography (North America, Europe, APAC, South America, MEA).
Regional Market Outlook
North America:
28% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for metal cans market for food and beverage market in North America. Market growth in this region will be faster than the growth of the market in MEA. The increasing demand for sustainable packaging among consumers is due to the rising concerns about environmental pollution and the increasing number of new food and beverage launches in metal cans. This will facilitate the metal cans market for food and beverage market growth in North America over the forecast period.
Europe
APAC
South America
MEA
Metal Cans Market for Food and Beverage Industry 2021-2025 : Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist Metal Cans Market for Food and Beverage Industry growth during the next five years
Estimation of the Metal Cans Market for Food and Beverage Industry size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the Metal Cans Market for Food and Beverage Industry
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of Metal Cans Market for Food and Beverage Industry vendors
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Beverage Can Market by Material, Application, and Geography - Forecast and Analysis 2021-2025: The beverage can market share is expected to increase by USD 5.87 billion from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 3.19%. To get more exclusive research insights: Download Our Sample Report
Metal Cans Market for Food and Beverage Industry Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 3.61%
Market growth 2021-2025
$ 9.78 billion
Market structure
Fragmented
YoY growth (%)
3.24
Regional analysis
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 28%
Key consumer countries
US, Canada, China, UK, Japan, and Germany
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Amcor Plc, Ardagh Group SA, Ball Corp., Berlin Packaging LLC, COFCO Corp., Crown Holdings Inc., Fujian Hejin Food Can Industry Co. Ltd., J.L. Clark, National Can Industries Pty Ltd., and Silgan Holdings Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Metal and glass containers market
3 Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 35: Key leading countries
7.9 Market opportunity by geography
Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 38: Vendor landscape
9.3 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10 Vendor Analysis
10.1 Vendors covered
Exhibit 41: Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 Amcor Plc
Exhibit 43: Amcor Plc - Overview
Exhibit 44: Amcor Plc - Business segments
Exhibit 45: ?Amcor Plc - Key news
Exhibit 46: Amcor Plc - Key offerings
Exhibit 47: Amcor Plc - Segment focus
10.4 Ardagh Group SA
Exhibit 48: Ardagh Group SA - Overview
Exhibit 49: Ardagh Group SA - Business segments
Exhibit 50: ?Ardagh Group SA - Key news
Exhibit 51: Ardagh Group SA - Key offerings
Exhibit 52: Ardagh Group SA - Segment focus
10.5 Ball Corp.
Exhibit 53: Ball Corp. - Overview
Exhibit 54: Ball Corp. - Business segments
Exhibit 55: ?Ball Corp. - Key news
Exhibit 56: Ball Corp. - Key offerings
Exhibit 57: Ball Corp. - Segment focus
10.6 Berlin Packaging LLC
10.7 COFCO Corp.
Exhibit 61: COFCO Corp. - Overview
Exhibit 62: COFCO Corp. - Product and service
Exhibit 63: COFCO Corp.- Key news
Exhibit 64: COFCO Corp. - Key offerings
10.8 Crown Holdings Inc.
Exhibit 65: Crown Holdings Inc. - Overview
Exhibit 66: Crown Holdings Inc. - Business segments
Exhibit 67: Crown Holdings Inc. - Key offerings
Exhibit 68: Crown Holdings Inc. - Segment focus
10.9 Fujian Hejin Food Can Industry Co. Ltd.
Exhibit 69: Fujian Hejin Food Can Industry Co. Ltd. - Overview
Exhibit 70: Fujian Hejin Food Can Industry Co. Ltd. - Product and service
Exhibit 71: Fujian Hejin Food Can Industry Co. Ltd. - Key offerings
10.10 J.L. Clark
Exhibit 72: J.L. Clark - Overview
Exhibit 73: J.L. Clark - Business segments
Exhibit 74: J.L. Clark- Key news
Exhibit 75: J.L. Clark - Key offerings
10.11 National Can Industries Pty Ltd.
Exhibit 76: National Can Industries Pty Ltd. - Overview
Exhibit 77: National Can Industries Pty Ltd. - Product and service
Exhibit 78: ?National Can Industries Pty Ltd. - Key news
Exhibit 79: National Can Industries Pty Ltd. - Key offerings
10.12 Silgan Holdings Inc.
Exhibit 80: Silgan Holdings Inc. - Overview
Exhibit 81: Silgan Holdings Inc. - Business segments
Exhibit 82: Silgan Holdings Inc. - Key offerings
Exhibit 83: Silgan Holdings Inc. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 84: Currency conversion rates for US$
11.3 Research methodology
Exhibit 85: Research Methodology
Exhibit 86: Validation techniques employed for market sizing
Exhibit 87: Information sources
11.4 List of abbreviations
Exhibit 88: List of abbreviations
About Us
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