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Metal Cans have been used in industrial packaging since the early 1800s. The first production of metal cans in England started in 1813. Food products such as meat, fruits, oysters, etc were stored in these metal cans in the early years of its adoption. Later the usage of these metal cans was extended to various end-use industries to store a variety of products including beverages. Today, metal cans are used in a wide array of applications to store valuable healthcare products, edible oil, cosmetics, industrial chemicals such as solvents, dyes, paints, etc.
Key Market Driver -
Soaring demand for metal cans in food & beverages industry owing to high recyclability and protection from external contaminants drives the global metal cans market.
Key Market Restraint -
Strong presence of polymeric materials for packaging application restricts the market growth.
Metal Cans are the primary choice of packaging in the food & beverage industry when it comes to prolonging storage, superior protection against external contaminants and high recyclability. These cans can be recycled and reused an infinite number of times and can be manufactured in any desired shape. Moisture, oxygen, bacteria, etc. are the major contaminants that can spoil the food & beverages and other valuable products and metal cans act as a superior barrier for these contaminants, which makes their adoption high, in the storage of perishable goods for a long period of time.
However, Metal Cans are relatively costly to their counterpart plastics. Plastics are widely used in food & beverage packaging due to cost benefits. To use the benefits of metals in packaging, plastic packages are often inner lined with metallic foils that save the cost of packaging.
Based on materials, the market is segmented into aluminum, steel & tinplate, and aerosol. On the basis of applications, the market is segmented into Food, Beverages, Health care products, industrial chemicals, and personal care & cosmetics. Food is further segmented into vegetables, fruit, meat, edible oil and others. Also, the Beverages segment is further classified as alcoholic beverages, non-alcoholic beverages and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global Metal Cans market is fairly fragmented. Some of the prominent manufacturers in the global metal cans include- BALL CORPORATION, CHUMBOON IRON-PRINTING & TIN-MAKING COMPANY LIMITED, Silgan Containers LLC, Crown Holdings, Inc., Kaira Can Company Limited, AlliedCans, Ardagh Group S.A., Shanghai Baoyi Can Making Co., Ltd, TON YI INDUSTRIAL CORPORATION, Guangzhou hengyu Iron printing & Can-making Co., Ltd., Novelis (Aditya Birla Group), Toyo Seikan Group Holdings, Ltd., Showa Denko K.K., CPMC Holdings Limited, Berlin Packaging and others.
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The global metal cans market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Metal Cans market is dominated by the Asia-Pacific region, in terms of both production and consumption. Major manufacturing countries in the region include China, Japan, South Korea, Taiwan and India. The food & beverages industry along with industrial applications drives the metal cans market in the region. The demand in Europe is expected to increase moderately over the forecast period owing to regulatory changes on the use of plastics. North America is also expected to follow similar by more profound growth due to rising demand in the US as a result of a single-use plastic ban in some of the states like California. Middle East & Africa market is dominated by GCC countries, due to relatively high consumption of food & beverages and other industrial chemicals, as compared to other parts of the region. Brazil & Mexico drive the market in the Latin America region on the back of well-establised food & beverage and other major end-use industries in the region.
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