Global Metal Cans For Food And Beverage Market
Global Metal Cans for Food and Beverage Market, By Material (Aluminium, Steel), By Type (2- Piece, 3- Piece), By Application ( Foods(Convenience Food, Fruits And Vegetables, Meat, Pet Food, Seafood, Other Food Products) and Beverage(Alcoholic Beverages, Carbonated Soft Drinks, Sports And Energy Drinks, Other Beverages)), By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa), Trend Analysis, Competitive Market Share & Forecast, 2020-2027
- Published Date: January 2021
- Report ID: bwc20257
- Available Format: PDF
- Page: 178
Report Overview
Global Metal Cans for Food and Beverage Market Size – Industry Trends & Forecast Report 2027
The Global Metal Cans for Food and
Beverage market size was calculated to be USD xx billion in 20xx and is
expected to take a surge at a CAGR of xx% till 2027 with an approximate value
of USD xx till the forecast year. The high rates of recyclability of aluminum,
and the rising number of health-aware consumers. Additionally, increased
knowledge among populations about healthy nutrients in food & beverages has
led to a demand for the usage of more metal cans. Also, the surfacing concern
about single-use plastics has caused a lot of traction from the relevant
market.
BlueWeave
Consulting
Global
Metal Cans for Food and
Beverage Market Overview
The
market is gaining and is also anticipated to gain further in the forecast
period. Due to its unique characteristics such as resistance to transportation
casualties, easy recyclability, hermetically sealed lids/covers, and resistance
to several biotic, abiotic elements, with UV protection, etc. The sheets of
aluminum and steel are used as raw materials for manufacturing the final
product. These cans are majorly used for food and beverage packaging; they were
introduced in the 19th century to be precise. Cans were used for storing food
and related items. But later, it branched to many industrial applications such
as chemicals, oils, food, and beverage items. These cans are manufactured from
aluminum and steel (as mentioned earlier). The metal cans are popularly used
for the distribution as well as the storage of many products in various
industries. The packaging has a crucial role in developing, proper deliverance
of products to consumers.
Global Metal Cans for Food and Beverage
Market Forecast and Trends
Growth Drivers
Environment-related factors to come into
play
One
of the major aspects of using cans (aluminum and steel) is that they support
the environment’s well-being. Not directly but inversely, as the extensive use
of the canned items/products has caused a certain decline of plastics and
related packaging products, especially the ones which are non-biodegradable or
non-recyclable. Additionally, the cans stand out due to their unique
characteristics, such as airtight lids/covers, their resistance to elements
such as UV radiations, moisture, irregular handling, and other external
elements. Which could tamper with the product’s inner contents.
Increased disposable income and
health-related benefits
The
rise in disposable income among populations primarily in urban settings has
played a significant role in market growth. The popularity of can packaged
foods and beverages which are ready to eat and ready to drink, consume have
attracted a large part of the urbanized population. Additionally, the spreading
awareness towards the constituents of food packaging materials has stirred a
motion in the industry growth. As some packaging food materials or their
constituents may be carcinogens in nature, to avoid that people are getting
inclined towards the can packed food, beverages, and related products. Which is
anticipated to give an eventual growth to the market.
Restraint
Environment problems that may arise due
to excessive metal ore procurement
The market growth may get restricted due to excessive metal ore procurement. Metals such as iron, aluminum, iron ore, and other required metals are needed to produce metal cans which are procured from the ores, mines, etc. Because of the heavy usage of these materials, the ore extractions have increased, which is affecting the environment. Moreover, other alternatives such as paper, plastics, some bio-degradable packaging products have created side-by-side competition for the metal can industry. As their raw materials are easy to access and process, has made a drawback as compared to that of metal cans (because they’re produced from metals) therefore restricting the growth to some extent.
Impact of COVID 19 on the Global Metal Cans for Food and Beverage Market
The
pandemic has affected the global market on a negative note. This has led to a
downfall in various industries. The lockdowns have caused shut-downs of many
manufacturing industries, leading to a halt in various other secondary
productions. But as the markets and lockdowns are lifting off, the industries
are re-gaining growth. Therefore, the government’s laws and particular
regulations have motivated the metal can’s industry. Recently, the FDA (Food
and Drug Administration, America) has moderated the labeling of nutritional
contents of the products. This is expected to lead the prime supply chain in
the market, giving it a considerable push in the forecast period.
Global Metal Cans for Food and Beverage Market Segmentation: By Material
Based
on the type, the metal cans are segmented bifurcated into Almunium and Steel.
These two are the majorly used raw material categories that are used in the
sector of Food and Beverage packaging popularly. The aluminum and tin-plated
steel are heavily used beverage metal cans used for packaging of alcoholic
beverages, beers, carbonated soft drinks (CSD), energy & sports drinks,
fruit juices, etc. The significant feature of their promoted use is the
characteristics these metal cans have such as lightweight, low maintenance,
unbreak-ability, the barrier to unwanted external elements, protection from
sun’s UV, etc. additionally these cans are resistive to oxidation and extreme
weather conditions.
Global Metal Cans for Food and Beverage Market Segmentation: By Type
Based
on type, the relevant market is divided into 2- Piece and 3- Piece. Now, these
types are differentiated based on their production. A 2-piece can consist of
only two pieces i.e., the can lid and its body (the cylindrical lateral part
& the base). The 3-piece can isn’t very distinct from a 2-piece can, the
only difference is that a 3-piece can have a separate base apart from the lid
and body of the can. The manufacturing
of both cans is the same. The 2-piece
can have multiple advantages like they possess good and intact sealing, has
high production efficiency, etc. And on the comparison, the 3-pieces cans are
structurally well rigid, could be produced in various shapes (as per the
requirement). Also, 3- piece cans have high material utilization rates, are
easy to change/modify the size, have a mature production process, etc.
Global Metal Cans for Food and Beverage Market Segmentation: By Application
By
application, the relevant market is segmented into Foods and Beverages. Then
further, the foods are categorized into Convenience Food, Fruits And
Vegetables, Meat, Pet Food, Seafood, Other Food Products. Similarly, the beverages are Alcoholic Beverages, Carbonated Soft
Drinks, Sports And Energy Drinks, Other Beverages. The beverage cans are anticipated to get a larger share in the
projected period, because of the high consumption of aerated drinks, alcoholic
drinks, sports & various energy drinks, etc. which will lead to
considerable growth of the cans market.
Global Metal Cans for Food and Beverage Market Segmentation: Regional Insights
North America, accounted for the largest market share for the metal cans packaging market for food and beverages, in the year 2019. This is since the major populations in the region are turning towards environmental sustainability and having lifestyle approaches to support the same. Henceforth, the food and beverage packaging is preferred over and is popularly used. Moreover, the North American region is one of the world’s key producers of food and beverages, making it also one of the biggest receivers of can metal food & beverage packaging. The presence of strong investors in the field of R&D and other technological developments also makes and helps the region to gain growth in the relevant market for the projected period.
BlueWeave Consulting
●
Last year, in the month of
October, the Ball Corporation announced the launch of construction of their new
aluminum cups which will be manufactured in Rome, Georgia plant. This new
launch would cater to the growing demand for beverage packaging in the U.S.
●
The Crown Holdings, last year
announced a new line of cans, having distinctive round and square cans, with
shorter height. These cans are exclusively available for the luxury packaging
experience.
The
market participants for Food and Beverage Metal Cans market are major players
such as Ardagh Group, Ball Corporation,
CAN-PACK, CPMC Holdings, Crown Holdings, HUBER Packing Group, Kian Joo Group,
King Can Holdings Ltd, Tetra Laval International, and others.
Scope of the
Report
Attribute |
Details |
Years
Considered |
Historical data – 2016-2019 Base Year – 2020 Forecast – 2020 – 2027 |
Facts
Covered |
Revenue in USD Billion |
Market
Coverage |
U.S, Canada, Germany, UK,
France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India,
Argentina, UAE, South Africa, Saudi Arabia. |
Product/Service
Segmentation |
By Material, By Type, By
Application, By Region |
Key
Players |
Ardagh
Group, Ball Corporation, CAN-PACK, CPMC Holdings, Crown Holdings, HUBER
Packing Group, Kian Joo Group, King Can Holdings Ltd, Tetra Laval
International, among others. |
●
Foods
ü Convenience Food
ü Fruits And Vegetables,
ü Meat
ü Pet Food
ü Seafood
ü Other Food Products
●
Beverage
ü Alcoholic Beverages
ü Carbonated Soft Drinks
ü Sports And Energy Drinks
ü Other Beverages
Ø By Region
● North America
● Europe
● Asia Pacific
● South America
● Middle East &
Africa
1.
Research Framework
1.1. Research
Objective
1.2. Product Overview
1.3. Market
Segmentation
2.
Research Methodology
2.1. Qualitative
Research
2.1.1.
Primary & Secondary Research
2.2. Quantitative
Research
2.3. Market Breakdown
& Data Triangulation
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4. Breakdown of
Primary Research Respondents, By Region
2.5. Assumption &
Limitation
4.
Global Metal Cans for Food and Beverage Market Insights
4.1. DROC Analysis
4.1.1.
Growth Drivers
4.1.2.
Restraints
4.1.3.
Opportunities
4.1.4.
Challenges
4.2. Recent
Development
4.3. Porter’s Five
Forces Analysis
4.3.1.
Bargaining Power of Suppliers
4.3.2.
Bargaining Power of Buyers
4.3.3.
Threat of New Entrants
4.3.4.
Threat of Substitutes
4.3.5.
Intensity of Rivalry
4.4. Impact of
Covid-19 on Global Metal
Cans for Food and Beverage Market Industry.
5. Global Metal Cans for Food and Beverage Market Overview
5.1. Market Size &
Forecast by Value, 2020-2027
5.1.1.
By Value (USD Million)
5.1.2.
By Volume (Million Unit)
5.2. Market Share
& Forecast
5.2.1.
By Material
5.2.1.1.
Aluminium
5.2.1.2. Steel
5.2.2.
By Type
5.2.2.1. 2-Piece
5.2.2.2. 3-Piece
5.2.3.
By Application
5.2.3.1. Foods
5.2.3.1.1.
Convenience Food
5.2.3.1.2.
Fruits And Vegetables
5.2.3.1.3.
Meat
5.2.3.1.4.
Pet Food
5.2.3.1.5.
Seafood
5.2.3.2. Beverage
5.2.3.2.1.
Alcoholic Beverages
5.2.3.2.2.
Carbonated Soft Drinks
5.2.3.2.3.
Sports And Energy Drinks
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. The Asia Pacific
5.2.4.4. Latin America
5.2.4.5. The Middle East & Africa
6.
North Metal Cans for Food and Beverage Market
6.1. Market Size &
Forecast by Value, 2020-2027
6.1.1.
By Value (USD Million)
6.1.2.
By Volume (Million Unit)
6.2. Market Share
& Forecast
6.2.1.
By Material
6.2.2.
By Type
6.2.3.
By Application
6.2.4.
By Country
6.2.4.1.
United States
6.2.4.2.
Canada
7. Europe Metal Cans for Food and Beverage
Market
7.1. Market Size &
Forecast by Value, 2020-2027
7.1.1.
By Value (USD Million)
7.1.2.
By Volume (Million Unit)
7.2. Market Share
& Forecast
7.2.1.
By Material
7.2.2.
By Type
7.2.3.
By Application
7.2.4.
By Country
7.2.4.1.
Germany
7.2.4.2.
Poland
7.2.4.3.
Russia
7.2.4.4.
Italy
7.2.4.5.
France
7.2.4.6.
United Kingdom
7.2.4.7.
Spain
7.2.4.8.
Rest of Europe
8. Asia Pacific Metal Cans for Food and Beverage
Market
Market Size &
Forecast by Value, 2020-2027
8.1.1.
By Value (USD Million)
8.1.2.
By Volume (Million Unit)
8.2. Market Share
& Forecast
8.2.1.
By Material
8.2.2.
By Type
8.2.3.
By Application
8.2.4.
By Country
8.2.4.1.
China
8.2.4.2.
India
8.2.4.3.
Japan
8.2.4.4.
Malaysia
8.2.4.5.
Singapore
8.2.4.6.
Rest of Asia Pacific
9. Latin America Metal Cans for Food and Beverage
Market
9.1. Market Size &
Forecast by Value, 2020-2027
9.1.1.
By Value (USD Million)
9.1.2.
By Volume (Million Unit)
9.2. Market Share
& Forecast
9.2.1.
By Material
9.2.2.
By Type
9.2.3.
By Application
9.2.4.
By Country
9.2.4.1.
Brazil
9.2.4.2.
Mexico
9.2.4.3.
Rest of Latin America
10. The Middle East
& Africa Metal Cans for
Food and Beverage Market
10.1. Market Size &
Forecast by Value, 2020-2027
10.1.1.
By Value (USD Million)
10.1.2.
By Volume (Million Unit)
10.2. Market Share
& Forecast
10.2.1.
By Material
10.2.2.
By Type
10.2.3.
By Application
10.2.4.
By Country
10.2.4.1.
Saudi Arabia
10.2.4.2.
GCC
10.2.4.3.
UAE
10.2.4.4.
South Africa
10.2.4.5.
Rest of Middle East & Africa
11. Competitive
Landscape
11.1. List of Key
Players and Their Offerings
11.2. Market/Ranking
Share Analysis
11.3. Competitive
Benchmarking, By Operating Parameters
12.
Company Profile (Company Overview, Financial
Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address,
and Strategic Outlook) *
12.1. Ardagh Group
12.2. Ball
Corporation
12.3. CAN-PACK
12.4. CPMC Holdings
12.5. Crown Holdings
12.6. HUBER Packing Group,
12.7. Kian Joo Group,
12.8. King Can Holdings Ltd
12.8. Tetra Laval International
Market Segmentation
Scope of the Report
● Foods
ü Convenience Food
ü Fruits And Vegetables,
ü Meat
ü Pet Food
ü Seafood
ü Other Food Products
● Beverage
ü Alcoholic Beverages
ü Carbonated Soft Drinks
ü Sports And Energy Drinks
ü Other Beverages
Ø By Region
● North America
● Europe
● Asia Pacific
● South America
● Middle East & Africa
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