The "Global
Metal Cans Market - Segmented by Metal Type (Aluminium, Steel), End-User
Industry Verticals (Beverages, Food), and - Growth, Trends, and
Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's
offering.
The metal cans market was valued at USD 46.35
billion in 2017 and is expected to reach a value of USD 56.38 billion by
2023 at a CAGR of 3.32% over the forecast period 2018-2023.
Increased
investments in canned packaging R&D have further propelled the growth of
the market. Innovations, such as reduced surface area without affecting
the volume, have resulted in lowering the cost of packaging of metal
cans, thus, supporting companies in lowering packaging expenses.
The
industry is experiencing high competition from alternative packaging
solutions such as plastic and paper. While companies are opting for
these solutions due to the lower long-term costs and increased
flexibility, the demand from consumers also remains a major factor in
the market. Consumers are opting for paper & plastic packaging products
that have lower environmental degradation impact in comparison with
metal.
North America has the highest share in the global
metal cans market due to a high consumption of metal cans in the United
States. Rising concerns over the use and consumption of sustainable
packaging materials are expected to drive the demand for market growth
over the forecast period. North America has demonstrated a high demand
for healthy beverages such as vegetable & fruit juices, iced tea, and
cold coffee.
Companies Mentioned
- SKS Bottle & Packaging Inc.
- Silgan Containers LLC
- Ball Corporation
- Crown Holdings Inc.
- Kian Joo Can Factory Berhad
- Middle East Metal Cans
- The Cary Company
- Can Pack SA
- Ardagh Group
- CMC
Key Topics Covered:
1. Introduction
2.
Executive Summary
3. Market Insights
4. Market
Dynamics
5. Global Metal Cans Market Segmentation
6.
Competitive Intelligence - Company Profiles
7. Investment
Analysis
8. Future Outlook of Metal Cans Market
9.
Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/l94wbq/global_metal_cans?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005219/en/
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Related
Topics: Food
Packaging, Metal
Packaging