Global Aluminum Cans Market, By Type (Slim, Sleek, Standard), Product Type (1-piece Cans, 2-piece Cans, 3-piece Cans), Capacity (Up to 200ml, 201-450ml, 451-700ml, 700-1000ml, More than 1000ml), End User (Food, Beverages, Personal Care and Cosmetics, Pharmaceuticals, Paints and Lubricants), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aluminum Cans Market
Aluminum cans market size is expected to grow at a compound annual growth rate of 4.10% for the forecast period of 2021 to 2028. Data Bridge Market Research report on aluminum cans market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Aluminum cans are generally light in weight, strong, inexpensive, easy to handle and are highly resistant to corrosion and give exceptional barriers against light, air and moisture. They are also perfect extenders of product shelf life, providing an ideal canvas for decoration and product branding.
The aluminum cans market is expected to rise in due to the rise in the awareness of RTD beverages. The rapid change in the lifestyles of individuals, rapid urbanization and new product launches are also projected to flourish the growth of the aluminum cans in the forecast period of 2021 to 2028. The high adoption of aluminum in packaging and the rise in the focus of food and beverages brands to approve ecologically and economically friendly packaging are also anticipated to boost the demand of the aluminum cans market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the rise in per capita income and high demand for hairsprays, deodorants and pharmaceuticals are also expected to push the growth of aluminum cans market in the above mentioned forecast period.
Likewise, the rapid technological innovations, such as the introduction of BPA-free aluminum cans and rise in the environmental concerns, consumers are becoming more conscious about off-putting the usage of plastics are likely to offer various growth opportunities for the growth of aluminum cans market over the forecast period of 2021 to 2028.
However, the easy availability of alternates such as packaging made of materials including PET and glass are expected to impede the growth of the aluminum cans market in the above mentioned forecast period, whereas the various benefits of aluminum cans can challenge the growth of the aluminum cans market.
This aluminum cans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aluminum cans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aluminum Cans Market Scope and Market Size
Aluminum cans market is segmented on the basis of type, product type, capacity and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the aluminum cans market is segmented into slim, sleek and standard.
- Based on product type, the aluminum cans market is segmented into 1-piece cans, 2-piece cans and 3-piece cans.
- On the basis of capacity, the aluminum cans market is segmented into up to 200ml, 201-450ml, 451-700ml, 700-1000ml and more than 1000ml.
- The end user segment for aluminum cans market is segmented into food, beverages, personal care and cosmetics, pharmaceuticals and paints and lubricants. Food has further been segmented into fruits and vegetables, ready-to-eat, meat, poultry, and seafood, pet food, bakery and confectionery and others. Beverages have further been segmented into alcoholic and non-alcoholic.
Aluminum Cans Market Country Level Analysis
Aluminum cans market is analyzed and market size, volume information is provided by country, type, product type, capacity and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the aluminum cans market due to the rise in the concerns regarding the usage and consumption of sustainable packaging materials among consumers. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to high disposable income of consumers and the easy availability of raw materials and low labor cost.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminum Cans Market Share Analysis
Aluminum cans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aluminum cans market.
The major players covered in the aluminum cans market report are BALL CORPORATION, Crown, Ardagh Group S.A., Amcor plc, COFCO, Silgan Containers, Kian Joo Can Factory Berhad, Toyo Seikan Group Holdings, Ltd., ALUCON, CCL Industries, Nampak Ltd., Tubex Aluminium Tubes, LINHARDT, MONTEBELLO PACKAGING, Toyo Seikan Co., Ltd., ALLTUB, CANPACK, Visy, Casablanca Industries Pvt Ltd., and Akshar Products among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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