Middle East and Africa Metal Cans Market – Growth & Forecast (2024

Middle East and Africa Metal Cans Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging protects the product from environmental issues and allows the product to travel safely for longer distances. Metals are typically feasible substances that are good conductors of heat & electricity and can form cations by loss of electrons. Metal cans are made up of materials such as tin, steel, aluminium and further substitutes. They are steel cans with a thin coating on the inside and outside to protect the product from rust, abrasion and to provide improved handling. The benefits related to metal cans includes safety, sustainable, convenient, and fully recyclable without the loss of its quality and others.

The Middle East and Africa Metal Cans Market Size & Growth:

The Middle East and Africa Metal Cans Market size is estimated to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast period of 2018-2024. The Key factors that drive the growth of the market include increasing usage of metal cans in the packaging of food & beverages, rising disposable incomes and changing lifestyles, increasing the inclination of individuals towards the usage of canned products, recycling properties of metal cans without losing the quality of the product and others. Major restraints for the metal cans market include fluctuations in raw material prices coupled with rising demand for substitute materials such as plastic, paper etc.

Due to increasing consumer awareness towards the non-carcinogenic materials coupled with rising demand for lightweight packaging materials are estimated to drive the

Middle East and Africa Metal Cans Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

market growth. Growing demand for flourished soft drinks including carbonated soft drinks and juices are projected to impact on metal cans market demand positively.

The Middle East and Africa Metal Cans Market Share:

Various parameters divided the Middle East and Africa 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 coupled with changing

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Middle East and Africa Metal Cans Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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