Enjoy complimentary customisation on priority with our Enterprise License!
The metal cans market share is expected to increase to USD 7.59 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.64%.
This metal cans market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers metal cans market segmentation by end-user (food and beverages, chemical, and others) and geography (North America, APAC, Europe, Middle East and Africa, and South America). The metal cans market report also offers information on several market vendors, including Allied Cans Ltd., Allstate Can Corp., Altana AG, Ardagh Metal Packaging S.A., Berlin Packaging LLC, CCL Container, CPMC Holdings Ltd., Crown Holdings Inc., DS Containers, Envases Group, Hindustan Tin Works Ltd., Independent Can Co., Kaira Can Co Ltd, LAGEEN Food Packaging Ltd., SHOWA DENKO K.K., Silgan Containers LLC, Sonoco Products Co., Toyo Seikan Group Holdings Ltd., Trinity Holdings Ltd., and Visy among others.
Download the Free Report Sample to Unlock the Metal Cans Market Size for the Forecast Period and Other Important Statistics
The increasing consumption of functional beverages is notably driving the metal cans market growth, although factors such as the rising demand for substitute packaging materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the metal cans industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Metal Cans Market Driver
Key Metal Cans Market Trend
Key Metal Cans Market Challenge
The above-mentioned advantages of flexible plastic packaging may impede the metal cans market growth during the forecast period.
This metal cans market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global metal cans market as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the metal cans market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the metal cans market encompasses successful business strategies deployed by the key vendors. The metal cans market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, reputation, and distribution to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The metal cans market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the metal cans market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
41% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the metal cans market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Another region offering significant growth opportunities to vendors is North America. The rising demand for various healthy beverages, carbonated soft drinks, health drinks, and sucralose juices will facilitate the metal cans market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic negatively impacted the regional market. However, in the first half of 2021, several countries lifted lockdowns and resumed production and manufacturing activities, owing to the ramping up of vaccination drives all over the region. This is likely to result in the demand for metal cans from end-user industries during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The metal cans market share growth by the food and beverages segment will be significant during the forecast period. Longer shelf life and the preservation of nutritional aspects of food products linked to canned packaging support the proliferation of canned food and beverages in organized retail outlets. Furthermore, vendors' greater dependence on organized retailers for product sales and market penetration continues to support the demand for metal cans in organized retail outlets. Moreover, consumer preference for modern trade channels is constantly changing due to a wider range of options, which will continue to drive the demand for metal cans in the food and beverages segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the metal cans market size and actionable market insights on post COVID-19 impact on each segment.
Metal Cans market - The market share for food and beverage is expected to increase by USD 9.78 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.61%.
Aluminium Cans market - The market share is expected to increase by USD 8.85 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.84%.
Metal Cans Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.64% |
Market growth 2022-2026 |
$ 7.59 billion |
Market structure |
Fragmented |
YoY growth (%) |
2.3 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 41% |
Key consumer countries |
US, Canada, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Allied Cans Ltd., Allstate Can Corp., Altana AG, Ardagh Metal Packaging S.A., Berlin Packaging LLC, CCL Container, CPMC Holdings Ltd., Crown Holdings Inc., DS Containers, Envases Group, Hindustan Tin Works Ltd., Independent Can Co., Kaira Can Co Ltd, LAGEEN Food Packaging Ltd., SHOWA DENKO K.K., Silgan Containers LLC, Sonoco Products Co., Toyo Seikan Group Holdings Ltd., Trinity Holdings Ltd., and Visy |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.