Food & Beverage Metal Cans Market Trends 2023-2029: Shaping Future of Convenient and Preservative-free Packaging

Food & Beverage Metal Cans Market is expected to reach US$ 56.79 Bn. by 2029, at a CAGR of 6.2% during the forecast period.

In-depth Food & Beverage Metal Cans Market Synopsis

The MMR offers a concise depiction of the “Food & Beverage Metal Cans Market” industry, delivering an in-depth analysis of the Food & Beverage Metal Cans Market. The comprehensive industry overview meticulously delves into the market's dimensions, encompassing various market dynamics such as strategies, market revenue, pricing analysis, micro and macro market trends, scenarios, and industry benchmarks. It extensively covers regional consumer preferences, market sizes, and industrial competition.

Food & Beverage Metal Cans Market Growth Estimated:

Food & Beverage Metal Cans Market is expected to reach US$ 56.79 Bn. by 2029, at a CAGR of 6.2% during the forecast period.

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Extent of the Market Report and Research Approach Food & Beverage Metal Cans Market

The sizing of specific segments within the Food & Beverage Metal Cans market was determined utilizing diverse secondary sources including industry associations, white papers, and journals. Primary methods incorporated surveys, questionnaires, and telephonic interviews with esteemed professionals, industry specialists, market leaders, entrepreneurs, and marketing experts. Employing PESTLE analysis facilitated comprehension of the potential impact of micro and macro-economic factors on the Food & Beverage Metal Cans Market.

Thorough scrutiny of industry rivalry, comprising market leaders, followers, and emerging entrants, was conducted. Extensive primary research validated and confirmed crucial statistics attained post-comprehensive Food & Beverage Metal Cans market engineering and calculations, encompassing market statistics, size estimations, forecasts, breakdowns, and data triangulation. Secondary data was gathered from annual reports, articles, paid and free databases, etc. The bottom-up approach was utilized to estimate regional and Food & Beverage Metal Cans market sizes.

Food & Beverage Metal Cans Market Divisibility

by Raw Material

Aluminum
Steel

It has been noted that higher safety requirements have led to a rise in the amount of steel and aluminium used in the production of metal cans. The demand for aluminium from the industry that makes metal cans has increased by 3.8%. Steel's preference in the production of metal cans has resulted in a 2.4% increase in usage. Tin is an additional metal utilised in the production of metal cans for food and drink storage.

by Can Type

For Food
For Beverages
For Aerosols
Others

According to can type, it is shown that beverage storage accounts for over 30% of metal cans produced. The usage of metal cans for food storage has increased by 1.3% as a result of a rise in the consumption of convenience food items. The FMCG industry now uses 2.1% more metal cans to store aerosols than it did a year ago due to consumer preferences for personal care items. Metal cans are used for both storage and transportation of various things.

by Application

Food Products
Dairy and Frozen Food Products
Fruits and Vegetables
Convenience Food Products
Pet Food
Beverages
Others

Application: The Food Industry's use of Metal Cans has increased by 2.2% as a result of the growing demand for convenience food products. The beverage industry's use of metal cans has increased by 3.6% as a result of rising global consumption of alcoholic and aerated beverages. The pet food industry has increased its use of metal cans by 1.8% as a result of a rise in the number of individuals owning pets.

 

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Localised Perspectives on the Food & Beverage Metal Cans Industry

Regional analytics span across North America, South America, Asia Pacific, Europe, the Middle East, and Africa. The report entails a comprehensive elucidation of market sizes, trends, competition, and technology adoption on a regional basis.

The Food & Beverage Metal Cans Market's Principal Players

1. Crown Holdings, Inc.
2. Ball Corporation
3. Silgan Holdings, Inc.
4. CCL Industries
5. Allied Cans
6. Independent Can Company
7. Ardagh Group
8. Huber Packaging Group GmbH
9. Mauser Packaging Solution LLC
10. P. Wilkinson Containers Ltd.
11. Muller und Bauer GmbH
12. Masilly Holdings S.A.S.
13. Unimpack
14. Kian Joo Group
15. Universal Can Corporation
16. Toyo Seikan Group Holding Ltd.
17. CPMC Holdings Ltd.
18. Lageen Food Packaging

Section Heading: Food & Beverage Metal Cans Industry

Part 01: Executive Summary

Part 02: Scope of the Food & Beverage Metal Cans Market Report

Part 03: Food & Beverage Metal Cans Market Landscape

Part 04: Food & Beverage Metal Cans Market Sizing

Part 05: Food & Beverage Metal Cans Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Principal Products/Services:

  • Historical Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curves by region (2018 to 2021)
  • Industrial Manipulator Market Size, Share, and Forecast by different segments | 2023−2029
  • Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Industrial Manipulator Market Segmentation – In-depth analysis by Type, Application, and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Market Leaders, Market Followers, Regional players
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s Analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis

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