Global Metal Cans Market is expected to reach a value of USD 55.38 billion by the end of 2022

Summary
Orbis Research Present’s Global Metal Cans Market By Metal (Aluminium, Steel and others), Vertical (Alcoholic Beverages, Food, Fruits, Juices, Carbonated Soft Drinks and Others), Geography, Trends, Forecasts (2017-2022).

Description
Metal cans are manufactured mostly by aluminum, and steel (otherwise called tin), of which aluminum cans are widely used. The manufacturing of metal cans has evolved from a three-piece can to single-piece can through the two-piece can. Currently, two-piece cans are used abundantly, but on the other hand, these are being replaced by single-piece cans.
The global metal cans market is valued at USD 44.86 billion in 2016 and is expected to reach a value of USD 55.38 billion by the end of 2022, growing at a projected CAGR of 3.64% during the forecast period of 2017 – 2022.
Beverages industry lead the market with constituting a majority of the market, of which alcoholic beverages constituted 45% of the global market. Remaining 30% came from non-alcoholic beverages like health-drinks, CSDs and others. The increase in growth of health drinks segment is driving the demand for metal cans globally. Moreover, increased preference for canned food and rise in disposable income of the customers are the other factors driving the demand for metal cans in the global market. Packaging substitutes like PET bottles, glass containers are substituting the metal cans as they are light and provide a cost benefit to manufacturers.
North America leads the market accounting for more than one-third of the market, while Europe was the second major market for these cans. Asia-Pacific region is estimated to be the fastest growing region owing to increase in consumer spends on the end-use products during the forecasted period.

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DRIVERS
• End-use industries demand
• Demographic factors
RESTRAINTS
• Presence of alternatives

What the report offers
• Market definition for the global metal cans market, along with identification of key drivers and restraints.
• Market analysis for the metal cans market, with region-specific assessments.
• Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
• Identification and analysis of the macro and micro factors that affect the global metal cans market on both global and regional scale.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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Major Points Covered in Global Metal Cans Market Report:
• Research Methodology
• Executive Summary
• MARKET OVERVIEW
• MARKET DYNAMICS
• Metal Cans Market Segmentation, Forecasts and Trends - by Volume, by Revenue
• Investment Analysis
• Future of Metal Cans Market

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