Metal Can & Container Manufacturing in the US
Revenue for the Metal Can and Container Manufacturing industry has declined over the five years to 2018, due to weakened downstream demand, volatile aluminum prices and competition from substitute products. Moving forward, the industry is forecast to continue to decline due to reduced consumption of sugary soda and an appreciating US dollar. In addition, growth will be constrained by competition from plastic and other nonmetal substitutes. However, the price of aluminum is anticipated to rise over the five years to 2023, alleviating conditions for operators.
This industry primarily manufactures light metal cans made of aluminum or steel and used as beverage and food containers. Steel shipping barrels, drums, pails and other fabricated steel boxes are also manufactured by this industry and account for a small share of revenue. This industry does not manufacture foil containers or heavy metal containers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.