Global Aluminium Cans Market Size, Share, Industry Trends And Opportunity and Forecast 2018-2023

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     Global Aluminium Cans Market Catalyzed by
Rising Consumption of Packaged Food and
Beverages

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Report Description and Highlights
Report Description
Global Aluminium Cans Market Catalyzed by Rising
Consumption of Packaged Food and Beverages The
global aluminium cans market has been witnessing
a steady growth over the past few years. This can
be accredited to advancements in technology,
product innovations along with various benefits
offered by aluminium cans. Aluminium cans
currently represent one of the most widely used
containers for packaging purposes. They are often
made from recycled aluminium and act as a barrier
against air, light and moisture. This also makes
them rust-resistant and capable of preserving the
flavour and quality of the contents. In addition
to this, aluminium cans have high strength and do
not require much care during distribution and
handling. Apart from this, they are lightweight,
offer efficiency while shipping and storage, and
limit carbon emissions. Other benefits offered by
aluminium cans include recyclability,
malleability, corrosion resistance and low cost
of production. A new research report by IMARC
Group, titled Aluminium Cans Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, estimates that the
market reached a volume of more than 290 Billion
Cans in 2017. The report further anticipates the
market to reach a volume of 333 Billion Cans by
2023, at a projected CAGR of over 2 over the
forecast period.
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Report Description and Highlights
Report Description

• Global Aluminium Cans Market Drivers/Constraints
• There has been a shift in the consumer preference
  towards packaged food and beverages owing to a
  significant rise in disposable incomes. This is
  one of the major factors which is driving the
  growth of the global aluminium cans market.
• There has been a significant rise in
  environmental concerns and the consumers have
  also become aware about the recovery and
  recyclability properties of aluminium cans. This
  has, in turn, contributed towards an augmented
  demand for aluminium cans across the globe.
• Governments of various nations have implemented
  numerous policies and regulations for the
  manufacturers to produce better-quality packaging
  which is a primary factor positively influencing
  the market growth.
• Over the recent years, the consumers have started
  using packaging made of alternate materials
  including PET and glass. This acts as one of the
  major obstacles which is hindering the growth of
  the aluminium cans market.
•  
• Read more here https//www.imarcgroup.com/alumini
  um-cans-manufacturing-plant

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Report Description and Highlights
Report Description
Application Insights On the basis of
application, the market has been segmented into
the beverage and food sectors. Amongst these, the
beverage sector dominates the market, holding the
majority of total share on account of convenient
packaging and the availability of innovative
shapes and sizes of aluminium cans. Reg
ional Insights On a geographical front, North
America currently represents the largest market
for aluminium cans, accounting for the more than
one-third of the total global demand for
aluminium cans. It is followed by Western Europe
and Asia-Pacific. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
548flagB
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Report Description and Highlights
Report Description

• Competitive Analysis
• The aluminium cans market is concentrated in
  nature with the presence of few small and large
  manufacturers who compete in terms of prices and
  quality. Some of the leading players operating in
  the market are
• Rexam
• Crown
• Ball
• Browse more related reports 
• PET Bottle Market https//www.imarcgroup.com/PET
  -bottle-manufacturing-plant
• Pharmaceutical Contract Packaging Market
  https//www.imarcgroup.com/pharmaceutical-contract
  -packaging-plant

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Report Description and Highlights
Report Description

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