Title: Food and Beverage Metal Cans Market - Forecast(2021 - 2026)
1Food and Beverage Metal Cans Market -
Forecast(2021 - 2026)
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- The Food and Beverage Metal Cans Market size was
valued at 25.65 billion in 2019 and is poised to
grow at a CAGR of 6.3 percentage during the
forecast period 2020-2025. Food metal cans are
used for safe storage and transportation of food
products. - The Beverage can is a metal container built to
accommodate a set volume of liquid, such as
alcoholic beverages, carbonated soft drinks,
ready to drink teas coffees, fruit juices, and
energy drinks. Factors including their
environmental benefits, growing demand for canned
products, and fast recycle rate are anticipated
to provide new avenues to the growth of metal
cans industry over the forecast period
2020-2025. .
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- Key Takeaways
- Geographically, North America held the largest
share in the global Food and Beverage Metal Cans
market in 2019, owing to large number of
consumers for packaged food and beverages coupled
with growing consumer awareness toward
environmental sustainability. - Increasing disposable income of consumers and
changing living standards of the middle-class
population across the globe is set to boost the
global Food and Beverage Metal Cans market growth
positively. - The trend of cans with reseal-able ends are
gaining popularity owing to the rising
application of canned packaging in the alcohol
beverages industry which is set to drive the
global food and beverage metal cans market in the
forecast period 2020-2025.
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By Distribution Channel- Segment Analysis Based
on the Material, the global Food and Beverage
Metal Cans market is segmented into Aluminum and
Steel. Aluminum accounts for the largest share of
the market in terms of revenue 2019 and is poised
to continue for the forecast period 2020-2025.
Aluminum cans are also estimated to grow at the
highest CAGR of 7.3 from 2020-2025. High
production of aluminum food and beverage cans is
owing to its rising popularity as the standard
for food and beverage packaging. The aluminum can
end are flat and must be thicker than bodies to
resist pressure.
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- Food and Beverage Metal Cans Industry outlook
- Ball Corporation
- Ardagh Group
- Can Pack SA
- CPMC Holding Ltd
- Crown Holding Inc.
- Amcor Limited.
- Klian Joo Can Factory Berhad
- Showa Denko KK
- Nampak Bevcan Limited
- Toyo Seikan Group.
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Food and Beverage Metal Cans Market -
Forecast(2021 - 2026) Learn More About the Report
_at_ https//www.industryarc.com/Report/16676/foodb
everage-metal-cans-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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/Report/16676/foodbeverage-metal-cans-market.html
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