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<strong>Metal</strong> <strong>Cans</strong> <strong>Market</strong> Size, Industry Analysis Report,<br />
Regional Outlook.: Global <strong>Market</strong> Insights Inc.<br />
<strong>Metal</strong> <strong>Cans</strong> <strong>Market</strong> size is expected to witness a surge in demand due to growing<br />
popularity of metal and for storage of food, oil, beverages and other valuable products.<br />
These cans are highly environmental friendly as they are 100% recyclable in nature<br />
without any loss of quality and sturdiness. Changing lifestyle, rising disposable income,<br />
growing alcoholic and non-alcoholic beverages requirement and rising need for<br />
processed food will propel the global metal cans market demand over the forecast<br />
period.<br />
<strong>Metal</strong> cans are packaging systems initially introduced for wine packaging in the<br />
beginning of nineteenth century, now has expanded into various end use commodity<br />
packing applications including chemicals, oil and edible oil and beverage items. They are<br />
generally used in storage and distribution of food times. <strong>Metal</strong> cans are made up of<br />
certain materials including aluminum, tin-free steel and tin-coated steel. Tinplate steel<br />
is extensively used for packaging processes as they possess high physical strength, fairly<br />
low price and corrosion resistance. Ease of manufacturing due to high malleability in<br />
aluminum containers offers better corrosion resistance and are less costly than tinplate<br />
steel products. The recycling rate of product is more than any other packaging solution.<br />
Another effective advantage of the product is that it reduces CO2 content application<br />
and in turn, decreasing the overall parent material usage of this harmful gas.<br />
<strong>Metal</strong> <strong>Cans</strong> market is substantially driven by its increasing applications in food and<br />
beverage packing industry, particularly in packaging of aerated and non-aerated<br />
beverage products. Growing portfolio of personal care products will naturally enhance<br />
the packaging industry. Rise in consumer awareness concerning application of noncarcinogenic<br />
materials in packaging and increased demand for lightweight packing, is<br />
generating high growth prospects for the metal cans market. However, rising<br />
replacement possibility of polymer based packaging materials including polyethylene<br />
and polyethylene terephthalate (PET) is anticipated to hinder the metal cans market<br />
share in the overall packaging market in the forecasted period.<br />
Asia Pacific is expected to be the fastest growing metal cans market owing to its<br />
flourishing economy coupled with increasing spending in processed food and beverages<br />
items, busy lifestyle and advantageous demographics. Rapid growth of consumer goods<br />
in India, China and Japan majorly effect the product demand in various applications<br />
including packaging of vegetables & fruits products.<br />
Rising demand of various floured soft drinks including carbonated soft drinks and<br />
sucralose juices in North America is projected to positively impact metal cans market<br />
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demand over the forecast period. In addition, industry growth is also influenced by<br />
widespread promotional activities and research developments taken up by various key<br />
players will stimulate the progress of metal cans market.<br />
Browse key industry insights from the report “<strong>Metal</strong> <strong>Cans</strong> <strong>Market</strong> Size, Industry<br />
Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France,<br />
Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico,<br />
Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application<br />
Development Potential, Price Trend, Competitive <strong>Market</strong> Share & Forecast, 2017 –<br />
2024” in detail along with the table of contents:<br />
https://www.gminsights.com/industry-analysis/metal-cans-market<br />
Increasing demand for canned cold coffee and energy drinks in Latin America and<br />
Europe is also expected to drive growth. High consumption of canned beverages in<br />
various sports tournaments including Barclays Premier League, Major League Baseball<br />
and La Liga due to growing convenience in handling the food times is expected to foster<br />
the metal cans market demand over the forecast period.<br />
Global metal cans market is highly fragmented owing to the presence of various global<br />
and local industry player. Vendors in this market participate on the basis of product<br />
portfolio, differentiation and pricing. Evolution in entry of new companies among<br />
personal care and food & beverages industry coupled with innovative packaging<br />
technologies are effective growth drivers for this industry.<br />
Some of the key metal cans market players include Silgan Holdings, Crown Holdings,<br />
Ardagh Packaging, Rexam, CPMC mand Can-Pack. Other prominent players are Kingcan<br />
Holdings, HUBER Packaging, Kian Joo Can Factory Berhad, Toyo Seikan, Tetra Laval<br />
International, Trinity Holdings, Can Smart(PTY), Anheuser-Busch, Independent Can,<br />
Berlin Packaging, Caira Can, SKS Bottle & Packaging, Amcor and Sonoco Phoenix.<br />
In 2016, Ardagh Packaging expanded its beverage can business by acquiring specific<br />
packaging production assets and support locations from Ball Cooperation and Rexam<br />
with a USD 3.42 billion deal. As per the strategy, the company received two end plants<br />
and 10 can production plants in Europe, one end plant and seven can production plants<br />
in the US, two can production plants in Brazil, several R&D facilities in UK, Germany, the<br />
US and Switzerland.<br />
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About Global <strong>Market</strong> Insights:<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and custom research<br />
reports along with growth consulting services. Our business intelligence and industry<br />
research reports offer clients with penetrative insights and actionable market data<br />
specially designed and presented to aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology and are available for key<br />
industries such as chemicals, advanced materials, technology, renewable energy and<br />
biotechnology.<br />
Contact Us:<br />
Arun Hegde<br />
Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1-302-846-7766<br />
Toll Free: 1-888-689-0688<br />
Email: sales@gminsights.com<br />
Website: https://www.gminsights.com/<br />
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