Press release
Piston Can Market Set to Grow Exponentially During the Forecast 2017-2025
Market Dynamics of Piston CansA key diver of piston cans market has been the compelling need to reinvent packaging of products. The rise in level of disposable household income in emerging markets has led to the retail industry experiencing an upward trend compelling fast moving consumer goods (FMCG) companies to increasingly focusing on reinventing packaging. Piston cans allow the product to be packaged in portable, lightweight and recyclable cans.
The growth of piston cans market will have to tackle the challenge of environmental regulations and high prices. Similarly, rapid development of technology used in packaging can disrupt the demand for piston principle in dispensing content from aerosol cans.
Market Segmentation
Piston cans market can be majorly segmented as per type of can, product type, and application type. Though significant supply in piston cans market is of aluminum and tin type while other product type includes glass, plastic cans and steel cans. Considering the use of piston can the market can be divided into food, home care, personal care, pharmaceuticals, automotive, ago chemicals, etc.
Piston cans are differentiated based on products to be dispensed whether they are of high or low viscous in nature.
Aluminum piston cans offer beneficial attributes such as less weight by volume, easier handling, portability, resistance to corrosion and recyclability. Much of this attributes come from characteristics of aluminum as a metal which is strong, durable, flexible, and lightweight. Aluminum allows piston cans to be recyclable due to the infinite recyclability chain that does not affect its quality.
Due to high acceptability of aluminum among consumers, companies leverage this means to differentiate in terms of packaging while launching products or entering into new markets.
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Regional Analysis
Piston cans market can be segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEC), Japan, and Middle East and Africa. Rising level of income in developing countries like China, Brazil and India coupled with growing awareness about personal hygiene will drive consumption of piston cans for packaging cosmetic and personal care products in Latin America and APEJ region. Cosmetic and Personal Care products have continued to fuel the growth of aerosol cans being used in packaging. Also, rise in healthcare expenditure has led to consumption of aerosol cans.
The major players in piston cans market are EXAL Corporation, Ultramotive, Crown, Ball Corporation, BWAY Corporation, Zima, CCL Containers.
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