Aluminum Cans Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2029
The global Aluminum Cans market was valued at US$ 51 Bn. in 2021. Global Aluminum Cans Market size is estimated to grow at a CAGR of 4.3%.
This report further provides an in detail study that includes the revenue, market size, market share, etc. The report further focuses on size, volume, and value at the global, regional, and company levels. From a global point of view, this report presents an overall global market size by analyzing historical data and future prospects.
Aluminum Cans Market Overview:
The Aluminum Cans market report provides various factors as well as the synopsis of the trends that play a major role in the development of the market. The major factors involve drivers, challenges, restraints, and opportunities. This report provides an overview of the development of the global market through the forecast period.
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Dynamics : Due to reasons including people's busy lifestyles, increasing urbanisation, and the penetration of new products, the market for ready-to-drink beverages has seen tremendous growth in recent years. Manufacturers of ready-to-drink beverages prefer aluminium cans for storage because they allow for increased packing efficiency, which results in cheaper shipping costs and significant brand engagement benefits.
Key Players:
• Ball Corporation
• Amcor
• ORG Packaging
• CPMC
• Shengxing Group
• Toyo Seikan Co., Ltd.
• Crown
• EXAL
• Rexam
• Massilly Group
• DS container
• TUBEX GmbH
• Alltub Group
• Shengya
• Linhardt
• Matrametal Kft.
• James Briggs
• CCL Container
• Shandong Meiduo
• Botny Chemical
• TAKEUCHI PRESS
• Ardagh Group
• Silgan Holding Inc.
• CAN-PACK SA
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Segmentation:
Food & Beverage, Pharmaceuticals, Chemicals, and Others make up the segments of the aluminium cans market. The market share that the segment of food and drink accounted for in 2021 was 79.2%. Aluminum cans are the best packaging for carbonated and non-carbonated beverages, including soda, beer, cider, fruit juice, and other caffeinated drinks.
Regional Analysis:
This report is geographically segmented into several regions which include sales, growth rate, and market share in the following regions.
North America (Canada, the United States, and Mexico) Asia-Pacific (Vietnam, Japan, Malaysia, China, Philippines, Korea, Thailand, Australia, Indonesia, and India). Africa and the Middle East (Egypt and GCC Countries.) Europe (France, Germany, Russia UK, Italy, Turkey, etc.) and South America (Brazil etc.).
Objectives of the Report:
To understand the Aluminum Cans market structure by recognizing its various factors. To analyse the market with respect to growth, trends, future prospects, and their contribution to the market. This report can further help you in the decision-making process
Impact of COVID-19 on Aluminum Cans Market:
COVID-19 is a global pandemic that has caused public health emergencies and various businesses, industries are affected by it all over the globe. Our reports include its effects caused and potential ways to overcome these issues. The report further gives us an insight into the new norms and the changes caused by COVID-19 in the consumer behaviour, demand, and supply, dynamics of the global Aluminum Cans market.
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