The global demand for Aluminium Cans Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
An aluminium can is a single-use container used for packaging foods and drinks such as baked beans, beer, and soup, also for products such as chemicals, oil, and other liquids. Aluminum cans hold a special place for packaging due to their physical properties like lightweight, strength, malleability, and recyclable nature. Apart from this, it chills quickly, provides a superior metal canvas to print on.
Growing concerns regarding environment and rise in consumption of processed food & beverages are accelerating the demand for aluminum can. Shifting consumer preferences towards packed food & beverages and growing new regulations concerning sustainable packaging will fuel the market growth at a higher pace. Various government bodies have applied several rules and policies for the manufacturers to produce sustainable-environment friendly and recyclable packaging. On the flip side, the market is also experiencing several downsides due to the availability of other alternatives, the high cost of virgin aluminum, and the more significant cost required for recycling aluminium.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of aluminium cans.
The entire aluminium cans market has been sub-categorized into application and structure type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Structure Type
- Food & Beverage
- 2 Piece Cans
- 3 Piece Cans
This section covers regional segmentation which accentuates on current and future demand for aluminium cans market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Aluminium Cans Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aluminium cans market include Ball Corporation, Amcor, ORG Packaging, CPMC, Shengxing Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.