Food & Beverages Metal Cans Market, By Type (2-Piece and 3-Piece), by Material (Steel and Aluminum), by End-Use Industry (Food Industry and Beverage Industry), and By Geography (EU, NA, APAC, LATAM, and MEA) – Analysis, Size, Share, Trends, and Forecast from 2021-2027
REPORT HIGHLIGHT
The global food & beverages metal cans market was valued at USD 27.1 billion in 2019, growing with 5.6% CAGR during the forecast period, 2021-2027.
Packaging is a crucial part of preparing food for retail sales. Metal cans are one of the most popular choices of packaging options for various edible products as they are cost-effective, durable, and offer higher protection from degradation that can be caused due to external environmental factors. Metal sheets can be molded in different shapes and sizes and are economical as well and hence there demand is growing.
Market Dynamics
The global market is growing considerably and during the forecast period the metal can for the food & beverage packaging industry across several regions is expected to grow at commendable CAGRs. Rising urbanization across developing economies is contributing to fueling the demand for packaged edible products which is further predicted to drive the global food & beverages metal cans market. According to the stats presented by Agriculture & Agri-Food Canada, the packaged food retail sales in China grew by a CAGR of 6.9% during the year 2013-17.
Rising stringency on the use of plastic packaging for edibles due to their adverse health impacts is boosting the demand for sustainable food & beverage packaging options like metal cans. Moreover, increasing the participation of key industry players in creating a niche for themselves by launching new products and strategically collaborating with other relevant market players will be beneficial for the industry growth. For instance, in 2019 Crown Holdings Inc., a global leader in packaging products manufacturing introduced two new square and round-shaped short cans in the luxury packaging industry.
Type Takeaway
Depending upon the type, the global business is categorized into 2-piece and 3-piece. The 2-piece can type are projected to witness a huge surge in demand in the future years as they are highly efficient and their manufacturing process is easy as compared to the 3-piece product type. The stylish and modern aesthetics of 2-pieces cans are predicted to lure food manufacturers to choose this product type for packaging of their finished products.
Material Takeaway
In terms of material, the world market is segmented into steel and aluminum. The aluminum segment will dominate the global marketplace on account of its high ductility and tremendous barrier properties to safeguard products. High recyclability associated with aluminum cans is expected to increase its adoption among food and beverage producers in the forthcoming years. According to The Aluminum Association, aluminum cans on average contain approximately 73% of the recycled content, which is 3X more as compared to plastic or glass bottles.
The demand for lightweight tin-free steel cans in food packaging is predicted to rise at a considerable pace during the forecast period as they offer higher convenience to manufacturers. Moreover, steel containers have ambient storage for food & beverage products and have the potential to increase the shelf-life of packaged edible products.
End-Use Industry Takeaway
In terms of the End-Use Industry, the worldwide industry is categorized into the food industry and beverage industry. The utilization of metal cans in the packaging of beverages is projected to remain high throughout the forecast period and hence the beverage segment will be responsible for bringing more revenue. The reason for the dominance of the segment is the higher acceptability of metal cans for packaging a variety of beverages ranging from alcoholic beverages to non-alcoholic carbonated beverages and others. In the food segment, the demand for metal cans in packing preserved & processed vegetables and fruits is predicted to rise considerably, especially across developed economies.
Regional Takeaway
Regionally, the overall industry is divided into North America, Middle East, and Africa, Asia Pacific, Europe, Latin America. North America has established its dominance over other regions in the global food & beverages metal cans market as the processed and packaged food industry across the region is huge and the demand for eco-friendly packaging material is higher. Technical advancements of existing metal packaging products and R&D on new metal packaging cans by leading players present within the region will further escalate the growth of the market within the region.
The Asia Pacific region is projected to grow at the fastest pace in the upcoming years, owing to the exceptionally growing demand for readymade packaged food within the region. The rising per capita income of consumers across countries such as Singapore, China, and India is predicted to boost the demand for food & beverages packed in high-quality and luxury packaging such as metal cans.
COVID-19 Impact
The occurrence of the COVID-19 pandemic brought the world together to a standstill. The lockdown followed by a partial or complete shutdown of production and processing plants across some parts of the world brought temporary instability within the market. The disruptions in the supply chain of raw materials required for the production of metal cans due to trade restrictions further worsened the situation in the initial months. However, as food & beverages are essential commodities, with the efforts of government, associations, and industry players, the market soon came on track. The long-term impact of the pandemic on this particular market will be clearer with further improvement in the situation.
Key Vendor Takeaway
The leading players of the industry include Ball Corporation, Silgan Holdings, Crown Holdings Inc., Kian Joo Group, CPMC Holdings Limited, CCL Industries, Ardagh Group, CAN-PACK S.A., Massilly Holdings S.A.S., and Universal Can Corporation among others.
The global market is highly competitive and leading market players are continuously making their best efforts to innovate new can design and bring more sustainability to their products in order to remain prominent in the world market. For instance, in 2019, a U.S.-based company, Canovation LLC, came up with innovative CanReseal design and technology for metal cans. The novel end design has the potential to turn any metal beverage or food can into a resealable package/can.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2016 to 2018
- Base Year – 2019
- Estimated Year – 2020
- Projected Year – 2021 to 2027
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL FOOD & BEVERAGES METAL CANS MARKET KEY PLAYERS
- Ball Corporation
- Silgan Holdings Inc.
- CPMC Holdings Limited
- Crown Holdings Inc.
- CCL Industries
- Ardagh Group
- Universal Can Corporation
- Kian Joo Group
- Independent Can Company
- Unimpack
- Huber Packaging Group GmbH
- Massilly Holding S.A.S
- CAN-PACK S.A.
- Visy
GLOBAL FOOD & BEVERAGES METAL CANS MARKET, BY TYPE
- 2-Piece
- 3-Piece
GLOBAL FOOD & BEVERAGES METAL CANS MARKET, BY MATERIAL
- Steel
- Aluminium
GLOBAL FOOD & BEVERAGES METAL CANS MARKET, BY END-USE INDUSTRY
- Food Industry
- Beverage Industry
GLOBAL FOOD & BEVERAGES METAL CANS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- South Africa
- UAE
- Rest of MEA
TABLE OF CONTENT
1. FOOD & BEVERAGES METAL CANS MARKET OVERVIEW
1.1. Study Scope
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Type
2.1.2. Market Snippet by Material
2.1.3. Market Snippet by End-use Industry
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. FOOD & BEVERAGES METAL CANS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. FOOD & BEVERAGES METAL CANS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. FOOD & BEVERAGES METAL CANS MARKET: COVID-19 IMPACT ANALYSIS
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. FOOD & BEVERAGES METAL CANS MARKET LANDSCAPE
6.1. Market Share Analysis, 2019
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. FOOD & BEVERAGES METAL CANS MARKET – BY TYPE
7.1. Overview
7.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
7.2. 2-Piece
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
7.3. 3-Piece
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8. FOOD & BEVERAGES METAL CANS MARKET – BY MATERIAL
8.1. Overview
8.1.1. Segment Share Analysis, By Type, 2020 & 2027 (%)
8.2. Steel
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
8.3. Aluminum
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9. FOOD & BEVERAGES METAL CANS MARKET – BY END-USE INDUSTRY
9.1. Overview
9.1.1. Segment Share Analysis, By End-use Industry, 2020 & 2027 (%)
9.2. Food Industry
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
9.3. Beverage Industry
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10. FOOD & BEVERAGES METAL CANS MARKET– BY GEOGRAPHY
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
10.2. North America
10.2.1. Overview
10.2.2. Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.2.4. North America Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.2.5. North America Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.2.6. North America Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.2.7.3. U.S. Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.2.7.4. U.S. Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.2.7.5. U.S. Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
1.1.1.1. Canada Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
1.1.1.2. Canada Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
1.1.1.3. Canada Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3. Europe
10.3.1. Overview
10.3.2. Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.3.4. Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.5. Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.6. Europe Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.7.3. Germany Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.7.4. Germany Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.7.5. Germany Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.8. France
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.8.3. France Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.8.4. France Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.8.5. France Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.9. United Kingdom
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.9.3. United Kingdom Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.9.4. United Kingdom Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.9.5. United Kingdom Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.10. Spain
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.10.3. Spain Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.10.4. Spain Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.10.5. Spain Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.11. Italy
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.11.3. Italy Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.11.4. Italy Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.11.5. Italy Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.3.11.6.
10.3.12. Rest of Europe
10.3.12.1. Overview
10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.3.12.3. Rest of the Europe Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.3.12.4. Rest of Europe Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.3.12.5. Rest of the Europe Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Key Manufacturers in Asia Pacific
10.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.4.4. Asia Pacific Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.5. Asia Pacific Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.6. Asia Pacific Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4.7. India
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.7.3. India Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.7.4. India Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.7.5. India Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4.8. China
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.8.3. China Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.8.4. China Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.8.5. China Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.9.3. Japan Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.9.4. Japan Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.9.5. Japan Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4.10. Australia
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.10.3. Australia Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.10.4. Australia Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.10.5. Australia Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.4.11. Rest of APAC
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.4.11.3. Rest of APAC Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.4.11.4. Rest of APAC Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.4.11.5. Rest of APAC Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.5. Latin America
10.5.1. Overview
10.5.2. Key Manufacturers in Latin America
10.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.5.4. Latin America Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.5. Latin America Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.6. Latin America Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.7.3. Brazil Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.7.4. Brazil Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.7.5. Brazil Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.8.3. Mexico Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.8.4. Mexico Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.8.5. Mexico Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.9.3. Argentina Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.9.4. Argentina Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.9.5. Argentina Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.5.9.6.
10.5.10. Rest of LATAM
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.5.10.3. Rest of LATAM Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.5.10.4. Rest of LATAM Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.5.10.5. Rest of LATAM Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.6. Middle East and Africa
10.6.1. Overview
10.6.2. Key Manufacturers in Middle East and Africa
10.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Billion)
10.6.4. Middle East and Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.5. Middle East and Africa Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.6. Middle East and Africa Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.6.7. South Africa
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.7.3. South Africa Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.7.4. South Africa Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.7.5. South Africa Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.6.8. UAE
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.8.3. UAE Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.8.4. UAE Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.8.5. UAE Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
10.6.9. Rest of ME&A
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Billion)
10.6.9.3. Rest of ME&A Market Size and Forecast, By Type, 2016 - 2027 (US$ Billion)
10.6.9.4. Rest of ME&A Market Size and Forecast, By Material, 2016 - 2027 (US$ Billion)
10.6.9.5. Rest of ME&A Market Size and Forecast, By End-use Industry, 2016 - 2027 (US$ Billion)
11. KEY VENDOR ANALYSIS
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Ball Corporation
11.2.1.1. Company Snapshot
11.2.1.2. Financial Performance
11.2.1.3. Product Benchmarking
11.2.1.4. Strategic Initiatives
11.2.2. Silgan Holdings Inc.
11.2.3. CPMC Holdings Limited
11.2.4. Crown Holdings Inc.
11.2.5. CCL Industries
11.2.6. Ardagh Group
11.2.7. Universal Can Corporation
11.2.8. Kian Joo Group
11.2.9. Independent Can Company
11.2.10. Unimpack
11.2.11. Huber Packaging Group GmbH
11.2.12. Massilly Holding S.A.S
11.2.13. CAN-PACK S.A.
11.2.14. Visy
12. 360 DEGREE ANALYSTVIEW
13. APPENDIX
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
