According to the current analysis of Reports and Data, the Food & Beverage Metal Cans Market were valued at USD 27.55 Billion in 2020 and are expected to reach USD 43.42 Billion by the year 2028, at a CAGR of 5.80%. The growing demand for packaged food commodities across the globe has given the global market the required push over the past few years due to the shift to the changing hectic lifestyles and requirement of go-to meals with convenient food packaging are the main factors driving food & beverage metal cans market. The global food and beverage metal can market witnessing a remarkable growth rate over the past few years due to the soaring packaging industry. The packaging industry extensively uses metal cans for food and beverages and due to their environment-friendly nature. The rising demand for packaged food items worldwide has given the global a significant impetus over the past few years. Metal cans are being utilized in packaging canned food items, pet food items, beverages, and others. Metal cans for packaging as they fall under the safety regulations and hygiene standards of the food and beverage packaging industry. Recycling attributes of metals and increased protection and safety of products is expected to be one of the chief driving factors for the food & beverage metal cans market growth.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Food & Beverage
Metal Cans market along with global position, financial standing, license
agreement, products and services portfolio and revenue contribution of each
market player. Key players in the market are focusing on adopting various
strategies such as mergers and acquisition, business expansion plans, new
product launches, partnerships, collaborations, joint ventures to enhance their
product base and gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
· Crown
Holdings, Inc. (U.S.),
· Ball
Corporation (U.S.),
· Silgan
Holdings Inc. (U.S.),
· Ardagh
Group (Luxembourg),
· CAN-PACK
S.A. (Poland),
· Kian
Joo Group (Malaysia),
· CPMC
Holdings Limited (China),
· Kingcan
Holdings Limited (China),
· Tetra
Laval International S.A. (Switzerland),
·
HUBER Packaging Group
GmbH (Germany).
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Food & Beverage Metal Cans Market Segmentation
based on Types:
- 2-piece cans
- 3-piece cans
Food & Beverage Metal Cans Market Segmentation
based on Application:
- Food
- Fruits &
vegetables
- Convenience
food
- Pet food
- Meat &
seafood
- Other food
products
- Beverages
- Alcoholic
beverages
- Carbonated
soft drinks
- Sports &
energy drinks
- Other
beverages
Food & Beverage Metal Cans Market Segmentation based
on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
·
Latin
America (Brazil, Rest of Latin America)
·
Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Food & Beverage Metal Cans Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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