Global Aluminium Cans Market to Exhibit Moderate Growth During 2021-2026

Global Aluminium Cans Market Research Report and Forecast 2021-2026 © 2019 IMARC All Rights Reserved

Author: Elena Anderson, Marketing Manager | Copyright ©Group IMARC Service Pvt Ltd. All Rights Reserved IMARC

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Aluminium Cans Market Outlook 2026: According to the latest report by IMARC Group, titled "Aluminium Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global aluminium cans market size reached US$ 45.51 Billion in 2020. Aluminium cans are lightweight yet durable single-use containers that are widely utilized across the food and beverages industry as a preferred packaging solution. They are lined using a spray coating that comprises epoxy lacquer or polymer, which further assists in preventing corrosion of the metal by acidic ingredients. They are widely being employed for flavor preservation and extending the shelf life of the packaged products.

These cans not only offer excellent resistance to corrosion but also provide exceptional protection against moisture, oxygen, oils, fats, microorganisms, ultraviolet (UV) rays, and other contaminants. As a result, they are increasingly being preferred for packaging soda, soup, cheese, baked beans, and beer.

Apart from this, these cans also play a pertinent role in product branding and differentiation.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Report Description and Highlights

Report Description

Global Aluminium Cans Market Trends: The global market is majorly driven by the increasing sales of packaged foods and beverages. This can be attributed to rapid urbanization, hectic schedules led by the working professionals, shifting dietary preferences and the inflating per capita income levels of individuals. Along with this, there has been a rising demand for aluminium cans from the pharmaceuticals sector. They are widely used for the packaging of pain-relieving sprays and several over-the-counter (OTC) products, which is providing an impetus to the market growth.

The market is further driven by the increasing environmental concerns among the masses, which has impelled the requirement for sustainable packaging containers for substituting plastic containers.

Supported by the numerous government policies that encourage the adoption of recyclable packaging across multiple industries, this is acting as another major growth-inducing factor. Moreover, several players are extensively replacing bisphenol A (BPA) liners with a new epoxy called valPure V70 during the production of these cans.

Since the utilization of BPA liners has often been associated with triggering numerous health conditions, they are increasingly being replaced by new liners that offer similar barrier properties to BPA. On account of the aforementioned factors, the market is projected to reach a value of US$ 56.91 Billion by 2026, growing at a CAGR of 3.61% during 2021-2026.

Report Description and Highlights

Report Description Market Summary: •

On the basis of the application, the market has been divided into beverages, food and others.

Among these, beverages account for the majority of the total market share.

•

On the geographical front, the market has been segregated into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. At present, North America holds the leading position in the market.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/aluminium-cans-manufacturingplant •

The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include Rexam PLC, Ball Corporation, Crown Holdings, Inc., Amcor Group GmbH and CPMC Holdings Limited

Request for a free sample report: https://www.imarcgroup.com/aluminium-cans-manufacturingplant/requestsample

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2019 IMARC All Rights Reserved

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing.

International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com