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Canned Food Packaging Market: New Study Offers Insights for 2018 – 2023 | key players Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.)

03-23-2018 12:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Canned Food Packaging Market: New Study Offers Insights for 2018

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

Market Highlights

Canned food packaging is predicted to grow at a CAGR of 4.01% in retail volume during the forecast period due to increasing urbanization, rising disposable incomes, and growing demand for convenient products. Higher disposable incomes of middle-class consumers and high growth of modern retail are other factors driving the growth of the canned or preserved food.

Canned foods play an important role in the global food market. Convenience, easier opening, resealable and so on are driving the market growth. It can be preserved for months and continuing a trend toward cheap alternatives to chilled and frozen packaging. While offering the advantages of a long shelf-life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality. Due to the growing consumer interest in consumption of fresh products with extended shelf life, manufacturers have to provide modern and safe packaging. It is a challenge for the food packaging industry and also acts as a driving force for the development of new and improved concepts of technology packaging. Therefore, packaging producers are looking for solutions that allow improving such properties of packaging materials as an adequate barrier to gases, UV protection, and extension of the storage period, transparency, and environmental performance. A recent study shows that worldwide sales within the canned food market are forecasted to reach nearly USD 50 billion over the forecasted period.

The global market for global Canned Food packaging market is expected to grow at ~4.01% CAGR.

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Market Research Analysis:

The global canned food packaging market is dynamic and is expected to witness a high growth over the forecast period. The canned food packaging market is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are expected to propel the growth of global canned food packaging market. Geographically, the global canned food packaging market is significantly large in Europe and North America due to increasing per capita income and high consumer spending. Moreover, Asia Pacific is expected to be the fastest growing segment. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. The Asia Pacific with developing nations is the most attractive market because of its inclination towards improvement in the quality of food. From the last few years, the demand for canned food has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power.

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).

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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

The report for Global Canned Food Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents

1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Canned Food Packaging Market, By Material
5.1 Introduction
5.2 Metal
5.3 Steel
5.4 Aluminum
5.5 Others
6 Global Canned Food Packaging Market, By Material Of Food Product
6.1 Introduction
6.2 Readymade Meals
6.3 Meat
6.4 Sea Food
6.5 Others
7 Global Canned Food Packaging Market, By Region
Continue..

List Of Tables

Table 1 Global Canned Food Packaging Market: By Region, 2017-2023
Table 2 North America Canned Food Packaging Market: By Country, 2017-2023
Table 3 Europe Canned Food Packaging Market: By Country, 2017-2023
Table 4 Asia Pacific Canned Food Packaging Market: By Country, 2017-2023
Table 5 RoW Canned Food Packaging Market: By Country, 2017-2023
Table 6 Global Canned Food Packaging Market, By Material, By Regions, 2017-2023
Continue..

List Of Figures

FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continue..

About Us:
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 products, services, technologies, applications, end users, 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.

Media Contact:
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com

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