Global Metal Cans Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Global Metal Cans Market Share:

Various parameters divided the Global Metal Cans market. By the material, they are divided into aluminium, steel, tin, and others. Among this aluminium, the segment is estimated to have the largest market share because it reduces the body weight of the product without compromising on the strength. Increasing consumption of ready-to-eat food along with growing emphasis on eco-friendly packaging are the major factors influencing market growth. By the type, the metal cans market were segmented into 2-piece metal cans and 3-piece metal cans. Among these 2-piece metal, cans are estimated to have the largest market share owing to its easy & efficient making process and can be tightly sealed with less consumption of raw materials. By the Application, they are divided into food, beverages, pharmaceutical, personal care & cosmetic products, industrial chemicals and others. Among these beverages, the segment has the largest market share owing to increasing usage of aerosol products and rising demand for metal packaging in alcohol industries. Increasing consumption rates of canned beverages in various sports tournaments due to their growing convenience rates regarding handling are estimated to drive the market growth.

By the geography, North America is estimated to have largest market share owing to increased consumption of beer and other alcoholic products in that region. Asia-Pacific is projected to have fastest market growth owing to its rapidly developing economy coupled with increased spending of individuals towards processed food and beverage

 Global Metal Cans Market Trends:

• Alcoa Corporation plans partial restart of the aluminium smelter at Warrick operations that further improve the competitiveness of the on-site rolling mill.
• Ardagh Group has announced their expansion into the Food & Beverages Can market by acquiring certain manufacturing assets from Ball Corporation.
• Ardagh Group engages in ‘touch of’ innovation with Bonduelle to provide an ideal solution for fully recyclable convenient steel.

Global Metal Cans Market Research Reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

Identify the latest developments, market shares and strategies that are employed by the major market players, such as

• Crown Holdings
• Ball Corporation
• Bway Corporation
• Sonoco Phoenix, INC
• Rexam PLC

Along with these companies, there were many other companies considered/cited in the report while analysing the Global Metal Cans market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.