The Cans market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
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.
s the report focuses on global Cans market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
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
Market Segment by Product Type:
Steel
Aluminum
Tin
Market Segment by Application:
Food & Beverage
Pharmaceutical Industry
Personal Care and Cosmetic Products
Industrial Chemicals
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cans market for the forecast period 2020 - 2025?
• What are the driving forces in the Cans market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cans industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?