Metal Food Cans Market| COVID-19 Impact
Summary
The Metal Food Cans Market is enduring an exacting period with its robust growth coming to an
abrupt halt in light of the COVID-19 pandemic. MRFR report on Metal Food Cans Market highlights
the future prediction and the growth alternatives that can be created.
Metal Food Cans Market: Synopsis
Increased consumption of canned food and focus towards utilization of recyclable
packaging materials are also propelling the expansion of the global Metal Food Cans
market. However, availability of alternative packaging materials is restraining the growth
of the global Metal Food Cans market during the forecast period.
Segmentation
The global COVID-19 Impact has been segmented on the basis of material, type,
application, and region. Based on material, the global Metal Food Cans market has been
segmented into aluminum, steel, and tin. The aluminum segment commands the
dominant share of the global Metal Food Cans market owing to the high utilization of
aluminum due to its light-weight and non-reactive nature towards all kinds of beverages
and food items. Based on type, the global Metal Food Cans market has been segmented
into two piece metal can and three piece metal can. The two piece metal can segment
commanded for the major share of the global Metal Food Cans market in the year 2016
and is anticipated to expand at the fastest growth rate during the forecast period. Based
on application, the global Metal Food Cans market has been segmented into food,
beverage, and others. The beverage segment commanded the dominant share of the
global Metal Food Cans market in the year 2016 and is anticipated to project fastest
growth during the assessment period.
Metal Food Cans Industry: Regional Analysis
Geographically, the global Metal Food Cans market has been segmented into four major
regions such as North America, Europe, Asia Pacific and the rest of the world. The North
America and Europe region are currently projecting dominance over the global Metal
Food Cans market. Changing lifestyle, increased popularity of canned food products, high
demand for packaged alcoholic and nonalcoholic beverages and changing dietary habits
are majorly propelling the growth of the Metal Food Cans market in the North America
region. High demand for Metal Food Cans in food and beverages industry is fueling the
expansion of the Metal Food Cans market in the Europe region. Rise in production of
Metal Food Cans due to the availability of cheap raw materials and labor in the emerging
economies is also contributing to the growth of the Metal Food Cans market in the Asia
Pacific region.
Key Players
Ball Corporation (the U.S.), Crown Holdings, Inc. (the U.S.), HUBER Packaging Group
GmbH (Germany), SKS Bottle & Packaging, Inc. (the U.S.), Ardagh Group S.A.
(Luxembourg), Berlin Packaging (the U.S.), Kaira Can Company Limited (India), The Cary
Company (the U.S.), Allstate Can Corporation (the U.S.), Allied Cans Limited (Canada), and
CPMC Holdings Limited (China). The players in the global Metal Food Cans market are
retaining their dominance over the global Metal Food Cans market by expanding their
product profile by introducing innovative products in the global market. Initiatives of
strategic mergers and acquisitions are aiding these players for sustaining the competition
in the global COVID-19 Impact during the assessment period.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/metal-
cans-market-1907
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the
complexity of various industries through our Cooked Research Report (CRR), Half-
Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by Components,
Application, Logistics and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to answer
all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often
plans & conducts meet with the industry experts and industrial visits for its research
analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
Comments