Metal Cans Market Size, Industry Analysis Report, Regional Outlook

Metal Cans Market size is expected to witness a surge in demand due to growing popularity of metal and for storage of food, oil, beverages and other valuable products. These cans are highly environmental friendly as they are 100% recyclable in nature without any loss of quality and sturdiness. Changing lifestyle, rising disposable income, growing alcoholic and non-alcoholic beverages requirement and rising need for processed food will propel the global metal cans market demand over the forecast period.

Metal cans are packaging systems initially introduced for wine packaging in the beginning of nineteenth century, now has expanded into various end use commodity packing applications including chemicals, oil and edible oil and beverage items. They are generally used in storage and distribution of food times. Metal cans are made up of certain materials including aluminum, tin-free steel and tin-coated steel. Tinplate steel is extensively used for packaging processes as they possess high physical strength, fairly low price and corrosion resistance. Ease of manufacturing due to high malleability in aluminum containers offers better corrosion resistance and are less costly than tinplate steel products. The recycling rate of product is more than any other packaging solution. Another effective advantage of the product is that it reduces CO2 content application and in turn, decreasing the overall parent material usage of this harmful gas.

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Metal Cans market is substantially driven by its increasing applications in food and beverage packing industry, particularly in packaging of aerated and non-aerated beverage products. Growing portfolio of personal care products will naturally enhance the packaging industry. Rise in consumer awareness concerning application of non-carcinogenic materials in packaging and increased demand for lightweight packing, is generating high growth prospects for the metal cans market. However, rising replacement possibility of polymer based packaging materials including polyethylene and polyethylene terephthalate (PET) is anticipated to hinder the metal cans market share in the overall packaging market in the forecasted period.

Asia Pacific is expected to be the fastest growing metal cans market owing to its flourishing economy coupled with increasing spending in processed food and beverages items, busy lifestyle and advantageous demographics. Rapid growth of consumer goods in India, China and Japan majorly effect the product demand in various applications including packaging of vegetables & fruits products.

Rising demand of various floured soft drinks including carbonated soft drinks and sucralose juices in North America is projected to positively impact metal cans market demand over the forecast period. In addition, industry growth is also influenced by widespread promotional activities and research developments taken up by various key players will stimulate the progress of metal cans market.

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Metal Cans market is substantially driven by its increasing applications in food and beverage packing industry, particularly in packaging of aerated and non-aerated beverage products. Growing portfolio of personal care products will naturally enhance the packaging industry. Rise in consumer awareness concerning application of non-carcinogenic materials in packaging and increased demand for lightweight packing, is generating high growth prospects for the metal cans market. However, rising replacement possibility of polymer based packaging materials including polyethylene and polyethylene terephthalate (PET) is anticipated to hinder the metal cans market share in the overall packaging market in the forecasted period.

Asia Pacific is expected to be the fastest growing metal cans market owing to its flourishing economy coupled with increasing spending in processed food and beverages items, busy lifestyle and advantageous demographics. Rapid growth of consumer goods in India, China and Japan majorly effect the product demand in various applications including packaging of vegetables & fruits products.

Rising demand of various floured soft drinks including carbonated soft drinks and sucralose juices in North America is projected to positively impact metal cans market demand over the forecast period. In addition, industry growth is also influenced by widespread promotional activities and research developments taken up by various key players will stimulate the progress of metal cans market.

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