Canned Food Packaging Market 2018 Leading Players Amcor Ltd. (Australia), Ardagh Group (Luxembourg), CPMC Holdings Ltd. (China), Crown Holdings (U.S.), Grief Incorporated (U.S.)

Market research future published a half cooked research report on global canned food packaging market. The global market for global Canned Food packaging market is expected to grow at ~4.01% CAGR.

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.

Get More Information About this Report with a Sample Copy @
https://www.marketresearchfuture.com/sample_request/5106

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.

As the competitive landscape of the report, there was a study of the growth strategies adopted by the companies between 2016 and 2021. The key players adopted various strategies to achieve operational efficiencies. The key strategies followed by the most companies in the global canned food packaging market are mergers & acquisitions, winning new projects, new product innovations, and expansion.

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).

The global canned food packaging market is expected to grow at a CAGR of ~4.01% during the forecast period 2017-2023.

The global canned food packaging market is undergoing various changes with evolving customer expectations such as availability in small sizes, acceleration of technological innovation, and shifts in competitive power. The market is segmented on the basis of material it includes metal, steel, aluminum, and others. Moreover, by type of food product, it is segmented readymade meals, meat, and seafood. In terms of region, the global canned food market is segmented into four major regions including North America, Europe, Asia Pacific, and RoW. Geographically, Asia Pacific region is anticipated to be the fastest growing market for canned food packaging during the forecast period.

More Information Available @https://www.marketresearchfuture.com/reports/canned-food-packaging-market-5106

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.

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

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

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

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 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 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.

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.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.