Metal Food Cans Market

1. Summary
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long
term growth projections in the MRFR report on Metal Food Cans Market. The growth sectors of the
Metal Food Cans Market are identified with precision for a better growth perspective.
Growth Promoters and Primary Deterrents
Food processing and safety testing industries are projected to grow resiliently, on account of the
increasing stock-piling of goods during the COVID-19-induced lockdown. FDA has gone ahead and
relaxed the products’ nutrition labeling to help promote the distribution of packaged foods. This
has led to a more fortified supply chain of goods and items to consumers and lesser revenue loss for
leading manufacturers. Considering these factors, the Metal Food Cans Market is projected to do
decent business throughout the review period, despite the corona outbreak.
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Metal cans have gained massive prominence across industries, because of its distinct features
including resistance to irregular handling during transportation, easy recyclability and hermetically
sealed cover. Their environmental benefits coupled with the escalating demand for canned
products also benefit the metal cans industry. Some of the major raw materials (steel and
aluminum) suppliers in the global market include ArcelorMittal, UC Rusal, Hydro, Chalco and Alcoa,
to name a few.
The heightened demand for chemical-free canned foods has compelled manufacturers to focus on
innovations and advancements in packaging. A number of brands have begun offering food items in
BPA-free containers, which is a big hit among consumers. Apart from this, the demand for tamper-
proof and sealed steel metal cans is soaring at a high rate, since these help safeguard products from
harmful bacteria. Moreover, with the rising prevalence of busy and hectic lifestyles among
consumers, the importance of canned food has surged manifold across the globe, leading to more
demand for metal cans.
Market Scope
The study conducted by Market Research Future (MRFR) anticipates decent gains for the Metal
Food Cans Market 2020, at an expansion rate of 3.5% between 2014 and 2022 (evaluation period).
Prominent Contenders
Prominent contenders working on boosting their market position include Independent Can
Company (U.S.), The Cary Company (U.S.), Ball Corporation (U.S.), Rexam plc (U.K.), SKS Bottle &
Packaging, Inc. (U.S.), Allied Cans Limited (Canada), Berlin Packaging (U.S.), Kaira Can Company
Limited (India), Silgan Containers LLC (U.S.), Ardagh Group S.A. (Luxembourg), HUBER Packaging
Group GmbH (Germany), Allstate Can Corporation (U.S.), CPMC Holdings Limited (China), Crown
Holdings, Inc. (U.S.), Kian Joo Can Factory Berhad (Malaysia), and more.

2. Latest News
May 2020
Campbell Soup Company (U.S) are now set to follow new goals for bringing down packaging waste,
with the surge in circularity. This approach can help lower packaging waste via more spending on
recyclability, and for this, they are expected to make more use of steel cans. These metal cans are
the most recycled packaging in the food and beverage industry of the country.
Market Segmentation
For enhanced understanding, the report has segregated the metal cans industry into three primary
dynamics; namely material, type and application.
The materials used during the manufacturing of metal cans include steel, tin, aluminum, and more.
Key characteristics such as unbreakablity, excellent resistance to oxidation and lightweight make
aluminum the top choice of manufacturers in the global market.
The key metal can types are 2-piece as well as 3 piece.
The main applications of metal cans are food, beverage and others. There is a huge demand for
beverage metal cans in the market, on account of the mounting consumption of beers, fruit juices
and carbonated soft drinks (CSD) all over the world. On the other hand, the escalating global
demand for canned and frozen food can induce considerable demand for food metal cans in
subsequent years.
Regional Insight
Europe, APAC or Asia Pacific, North America, and RoW or Rest of the World are the main markets
for metal cans, as profiled in the MRFR report.
Europe and North America are the leading markets for metal cans at present, thanks to the massive
demand in the food & beverage industry. The rising consumption of beer along with various
alcoholic beverages is fostering the market growth in these areas. The high consumption of canned
and frozen food in the U.S and the U.K also results in business expansion across these regions. The
Canadian industry is constantly exploring ways to improve the manufacturing processes with the
aim to offer the safest, top quality products. However, experts anticipate lethargic market growth in
these regions during the evaluation period, owing to the increasing availability of alternative cans
and their rising preference among consumers.
The fastest expansion can be witnessed by the APAC market in the following years, as a result of the
rising disposable income, easy obtainability of different beer brands at varying prices, and the
surging influence of the western culture. The expanding youth populace and the soaring beer
consumption among them are likely to be important growth boosters in the regional market for
metal cans. The growing number of grocery stores and superstores and the large number of small
households present in the region also boosts the demand for metal cans in the food and retail
sector.

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1907
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Metal Food Cans Market
Continues…..
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