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Metal Can & Container Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 89 Pages
SKU # IBSS19493457

Description

Metal Can & Container Manufacturing in the US - Industry Market Research Report


Metal Can & Container Manufacturing in the US

Metal can and container manufacturers produce goods which aid in the storage and preservation of food, drinks, fuels and other materials. Canning beverages is the most common use of these products, as this provides easy storage, use and disposal for customers. The products which are stored in metal cans are largely considered discretionary purchases, so demand increased in line with the economy prior to the pandemic. However, as the pandemic hit, economic conditions deteriorated, hampering demand for canned beverages. Economic uncertainty did provide a temporary boost in demand for canned foods, as their long shelf-life appealed to customers at this time. Revenue stabilized, falling slightly after 2020 as high input costs continued to apply pressure. Overall, revenue is increasing at a CAGR of 0.2% to $23.2 billion over the past five years, causing profit to hit 3.3% of revenue.

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.

Table of Contents

89 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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