2021 Metal Cans Market - Size, Share, COVID Impact Analysis and Forecast to 2027

The global Metal Cans Market is expected to grow from USD 54.4 billion in 2020 to USD 66.3 billion in 2026 with a compounded annual growth rate (CAGR) of 3.35%.

Lightweight packaging is one of the major trends shaping the future of metal cans market. Ease of carrying by end users, low costs for manufacturers, ease of shipping, and improved profitability of manufacturers is encouraging lightweight packaging options. A significant volume of R&D efforts are being focused on reducing the weight of packaging cans in addition to recyclable materials.

Environmental constraints about plastic use drive metal cans market - Plastic usage is being banned by most governments, in particular, plastics from polymers. These plastic cans are not recyclable and pose enormous burden on environment. Accordingly, majority of manufacturers in developed economies are shifting towards metal cans.

Companies are investing both time and research into packaging designs, display of nutrient information, and others in snack and Ready-to-Eat products predominantly.

Strong demand growth for e-commerce businesses in both developed and developing countries is encouraging manufacturers from international markets to promote their products worldwide. Small- and mid-size products continue to dominate the emerging markets such as China, India and Brazil.

Non-alcoholic beverages including fruit and vegetable juices, mineral and spring waters and carbonated drinks is one of the potential growth segments in global F&B industry with an average 3.7% growth outlook over the forecast period.

High-tech printing and special graphic effects are being incorporated into manufacturing for attracting customers. The industry also uses cans for waste handling. Companies manufacture cans for exam rooms, restrooms and front office areas.

Aluminum remains the most Dominant type in 2020 with 87.3% market share.

Companies analyzed
Toyo Seikan Group
Crown Holdings
Amcor Limited
Ball Corporation
Sonoco Products Company

Segmentation Covered:
Metal Cans Market, By Type
Aluminum
Steel

Metal Cans Market, By Application
Food
Beverages
Health Care
Industrial Chemicals
Cosmetics
Others

Metal Cans Market, By Manufacturing Type
Two-Piece
Three – Piece

Metal Cans Market, By Region
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East and Africa (Saudi Arabia, South Africa, Rest of MEA)
South and Central America (Brazil, Argentina, Chile, Rest of SCA)
Report Scope-

The report- ‘2021 Metal Cans Market - Size, Share, COVID Impact Analysis and Forecast to 2027’ presents growth projections in the Metal Cans Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.

Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.

The Metal Cans Market report computes the 2020 market value in revenue terms based on the average Metal Cans prices and sales/revenue models of key companies operating in the Metal Cans Industry. The study forecasts the market size to 2027 for different types of Metal Cans and provides respective market share and growth rates.

The study discusses technological innovations and the potential shift in demand among various products in the Metal Cans Market, over the forecast period. The leading five companies in the Metal Cans Industry together with their products, key strategies, and comparisons are provided.

The Metal Cans Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Metal Cans Market value is also provided.

All recent developments in Metal Cans Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.

• Base Year- 2020; Forecast period: 2021- 2027
• Publication frequency- Every six months
• Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size

Scope of the Report -
• Global Metal Cans Industry size, 2020- 2027
• Market trends, drivers, restraints, and opportunities
• Porter’s Five forces analysis
• Types of Metal Cans , 2020-2027
• Metal Cans applications and end-user verticals market size, 2020- 2027
• Metal Cans Market size across countries, 2020- 2027
• 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest market news and developments

Additional support -
• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication extended
• 10% free customization to include any specific data/analysis to match with the requirement
• 3 months of analyst support