Global Cans Market Growth 2023-2029

Global Cans Market Growth 2023-2029

Cans are type of metal packaging systems initially introduced in the beginning of nineteenth century, for packaging of wine, but its scope of application has now expanded into various end-use commodity packing purposes such as edible food & beverage items, chemicals, oil etc.

LPI (LP Information)' newest research report, the “Cans Industry Forecast” looks at past sales and reviews total world Cans sales in 2022, providing a comprehensive analysis by region and market sector of projected Cans sales for 2023 through 2029. With Cans sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cans industry.

This Insight Report provides a comprehensive analysis of the global Cans landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cans portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cans market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cans and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cans.

The global Cans market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The Western Europe and North America dominates the global cans market due its high consumption in food and beverage industry. However these region anticipated to register sluggish growth due to availability of alternative packaging. Asia Pacific market is expected to grow at higher rate. Growth in the region is propelled by rapidly increasing consumption of end use industries. The Asia Pacific region has been influenced by setting up of new manufacturing facilities from leading global OEMs owing to availability of raw materials at cheap prices and government initiatives to promote investment measures especially countries like South East Asian countries. Latin America, Middle East and Africa also significantly contributes to the metal cans market.

This report presents a comprehensive overview, market shares, and growth opportunities of Cans market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Steel
Aluminum
Tin

Segmentation by application
Food & Beverage
Pharmaceutical Industry
Personal Care and Cosmetic Products
Industrial Chemicals

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rexam PLC
Silgan Containers LLC
Kian Joo Can Factory Berhad
Independent Can Company
Trinity Holdings
Berlin Packaging Company
Crown Holdings, Inc.
SKS Bottle & Packaging, Inc.
Caira Can Company Limited
The Cary Company
Ball Corporation
Allstate Can Corporation
Can Smart(PTY) LTD
Allied Cans Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cans market?

What factors are driving Cans market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cans market opportunities vary by end market size?

How does Cans break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.