Canned Food Packaging Market 2019 by Global Key Players: Amcor, Ardagh Group, CPMC Holdings, Crown Holdings, Grief, Silgan Holdings, Rexam, Toyo Seikan Kaisha, Ball and Huber Packaging

Canned Food Packaging Market, By Material (Metal, Steel, Aluminum, Others), Type of Food Product (Readymade Meals, Meat, Sea Food) - Forecast To 2023

Canned Food Packaging Market Synopsis

Food packaging is defined as a coordinated system of preparing food for transport, distribution, storage, retailing, and end-user to satisfy the ultimate consumer with optimal cost. The global packaging market is constantly evolving and is expected to witness a high growth over the forecast period. Moreover, the development of new and diversified packaging styles and high potential in emerging economies providing huge growth opportunities for canned food consumption are creating exciting opportunities within the packaging industry.

Global Canned Food Packaging Market Is Predicted To Grow at a CAGR Of 4.01% During The Forecast Period.

The growth of the canned food packaging market is influenced by the increasing consumption of beverages usage of aerosol cans and increasing consumption of canned food. Furthermore, increasing urbanization and their disposable income have led to the emergence of Asia Pacific as the fastest growing region.

Get Sample Copy of Canned Food Packaging Market @ https://www.marketresearchfuture.com/sample_request/5106

Globally, packaging has been witnessing a strong growth over the last few years due to increasing disposable income and changing consumer preferences. Cans are one of the most widely used packaged material types and they have become increasingly popular in developed and developing countries during the past few years. Advancements in the packaging technology, which aids in offering metal cans with improved functional and storage features have also been a major factor triggering the growth in the soft drinks end-use sector. Cans are widely used in alcoholic and non-alcoholic drinks. According to MRFR analysis, the energy drink category continues to be an important driver for soft drink cans. The European energy drinks market increased by 6% in 2015 and now ~ 66% of energy drinks are sold in cans.

Key Players

The key players of global Canned Food Packaging Market include Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.), Silgan Holdings Inc. (U.S.), Rexam Plc. (U.K.), Toyo Seikan Kaisha Ltd. (Japan), Ball Corporation (U.S.), and Huber Packaging (Germany).

Regional Analysis

North America and Europe are the leading cans market owing to the high consumption of canned beverages and processed food. However, their markets have been saturated and are hence expected to grow at a slower rate. Currently, Asia Pacific is expected to be a leading market player and is likely to dominate the market during the forecast period. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods will help to grow the market.

The easy availability of raw material and labor in China makes it one of the beneficial regions for setting up of manufacturing facilities. Moreover, inclination towards long shelf-life and low prices fueling the market for canned food packaging. Demand for beverages, continuing a trend toward cheap alternatives to chilled and frozen meat has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power.

Canned Food Packaging Market Scope of the report

This study provides an overview of the global Canned Food Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Canned Food Packaging market by its material, type of food product and region.

By Material

Steel

Aluminum

Others

Type of Food Product

Readymade Meals

Meat

Sea Food

By Region

North America

Asia Pacific

Europe

Rest of the World

Access Report Details @ https://www.marketresearchfuture.com/reports/canned-food-packaging-market-5106

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

……Continued

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.

Contact

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

magarpatta

This release was published on openPR.