North America Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The North America aluminium cans market size reached US$ 15.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.7 Billion by 2027, exhibiting a growth rate (CAGR) of 3.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Aluminum cans represent one of the most popular forms of packaging which are employed for storing both solid and liquid materials. These cans are durable, lightweight, recyclable, cost-effective, easy to handle, and aid in preserving the quality and flavor of the contents. Apart from this, as aluminum cans offer high resistance against corrosion, and require less care during transportation, they are utilized in industries including food, beverage and pharmaceuticals.
Currently, the aluminum cans demand for the packaging of processed and ready-to-eat (RTE) food products, aerated drinks, fruit juices, and energy drinks is rising in North America. Moreover, owing to the growing environmental concerns, consumers are becoming more conscious about limiting the usage of plastics which, in turn, is spurring the demand for aluminum cans in the region. Further, the increasing consumption of energy and sports drinks in confluence with the growing efforts by manufacturers to finance advertising campaigns for these drinks are strengthening the growth of the beverage industry, thereby boosting the sales of aluminium cans in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America aluminium cans market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on application.
Key Regions Analyzed
Analysis for Each Country
Market by Application
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Key Player Profiles
IMARC Group’s latest report provides a deep insight into the North America aluminium cans market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America aluminium cans market in any manner.
Key Questions Answered in This Report:
How has the North America aluminium cans market performed so far and how will it perform in the coming years?
What are the key regiononal market?
What has been the impact of COVID-19 on the North America aluminium cans industry?
What are the major application in the industry?
What are the various stages in the value chain of the North America aluminium cans industry?
What are the key driving factors and challenges in the North America aluminium cans industry?
What is the structure of the North America aluminium cans industry and who are the key players?
What is the degree of competition in the North America aluminium cans industry?
What are the profit margins in the North America aluminium cans industry?
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