Food and Beverage Metal Can Market in North America 2017-2021

Overview of the food and beverage metal can market in North America

Research analysis on the food and beverage metal can market in North America identifies that the increasing demand for packaged food and beverages will be one of the major factors that will have a positive impact on the growth of the market. Owing to factors such as the economic conditions and the rise in the level of disposable income, consumers in the region have started opting for packaged food and beverages. This rising consumption of packaged food will significantly fuel the demand for metal can packaging. It has been observed that the end-users in the Americas consumer 30% more packaged food that is canned or frozen than fresh food. This rise in demand for packaged food will significantly boost the demand for tin containers to keep the food fresh and protect it from the external environment. Technavio's market research analysts predict that in terms of units, this market will grow at a CAGR of almost 2% by 2021.

The increasing demand for lightweight cans will be one of the latest trends that will gain traction in the food and beverage metal can market in North America during the next four years. Owing to the need to ease portability and easy handling, manufacturers in this marketspace are focusing on manufacturing light weight food cans and beverage cans. Several frozen food packaging companies are focusing on developing innovative techniques to manufacture lighter cans. One of the vendors Ball Corporation has already introduced aluminum beverage bottles for a leading beverage manufacturer. The bottle lightweight and re-closable and weighs less than 15% when compared to its alternatives.

Competitive landscape and key vendors

Characterized by the presence of several large and small-scale vendors, the food and beverage metal can market in North America appears to be highly-competitive. Several frozen food packaging companies in the metal food and beverage can market mainly compete on factors such as price, quality, innovation, and distribution channels. The market players are entering into partnerships with other vendors and this will help them enhance their product portfolio and geographic presence. One of the key vendors Amcor has already acquired Nampak Flexibles to expand their operations in the African regions.

The leading vendors in the market are -

• Amcor
• Ardagh Group
• Ball Corporation
• Crown Holdings
• Silgan Holdings

The other prominent vendors in the market are Allstate Can, Anheuser-Busch, BWAY, CCL Container, Exal Corporation, Independent Can Company, J.L. Clark, and Sonoco Products.

Segmentation by product type and analysis of the food and beverage metal can market in North America

• Beverage
• Food

During 2016, the beverages segment accounted for the major shares in the metal food and beverage can market. The increasing consumption of beverages such as carbonated soft drinks and alcoholic and non-alcoholic drinks and the rising demand for processed food are the major factors fueling the growth of the food and beverage metal can market in North America in this segment.

Geographical segmentation and analysis of the food and beverage metal can market in North America

• US
• Canada
• Mexico

This market study estimates that in terms of geographic regions, the US will be the major revenue contributor to the metal food and beverage can market till 2021. The rising demand for metal cans and tin containers in this region is mainly due to the growing preference among the consumers for convenient food due their hectic schedules and the rise in spending capacity.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the food and beverage metal can market in North America?
• What are the key market trends impacting the growth of the food and beverage metal can market in North America?
• What are the challenges to market growth?
• Who are the key vendors in the food and beverage metal can market in North America?
• What are the market opportunities and threats faced by the vendors in the food and beverage metal can market in North America?
• Trending factors influencing the market shares of the US, Canada, Mexico.
• What are the key outcomes of the five forces analysis of the food and beverage metal can market in North America?

Technavio also offers customization on reports based on specific client requirement.

This industry research report on the in food and beverage metal can market in North America by Technavio is an integral part of the transportation and logistics portfolio and offers insights into the major trends and evolving drivers inducing the growth of the packaging industry. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various packaging products and services and offers an all-inclusive picture of the food and beverage metal can market in North America for the estimated period of 2017-2021.

This upcoming market research report on the food and beverage metal can market in North America covers vendors like Crown Holdings, Ball, and Amcor. To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the food and beverage metal can market in North America also covers geographies like the US, Canada, and Mexico.

Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape.

The upcoming industry report on the food and beverage metal can market in North America also offers insights into fast-growing segments within the transportation and logistics industry, including sectors like tags and labels and warehouse and storage. Furthermore, this report also presents insights into the varying competitive landscape to give clients a realistic picture of the future direction of the industry

Our market research methodology for the food and beverage metal can market in North America

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