Global Aluminium Cans Market to be Driven by rising demand from food and beverage industry in the Forecast Period of 2021-2026

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Global Aluminium Cans Market to be Driven by rising demand from food and beverage industry in the Forecast Period of 2021-2026

April 22
17:30 2021
Global Aluminium Cans Market to be Driven by rising demand from food and beverage industry in the Forecast Period of 2021-2026

Aluminium Cans Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com
The new report by Expert Market Research titled, ‘Global Aluminium Cans Market Report and Forecast 2021-2026’, gives in-depth analysis of the global Aluminium cans market, assessing the market based on its segments like end uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

 

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

 

Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/aluminium-cans-market/requestsample

 

The key highlights of the report include:

Market Overview (2016-2026):

  • Historical Market Size (2020): USD 986 Billion
  • Forecast CAGR (2021-2026): 3%
  • Forecast Market Size (2026): USD 1143 Billion

 

Market players are ramping up production of aluminium cans of various capacities as beverage industry behemoths such as Coca-Cola and PepsiCo prepare to roll out water packed in aluminium. Despite the emergence of ‘on-the-go’ culture and the increasing popularity of ready-to-drink (RTD) beverages, 201-450 ml aluminium cans continue to see relatively high demand due to advantages such as lightweight and easy to transport and store. To capitalise on increasingly increasing demand from the paints & lubricants and personal care & cosmetics industries, manufacturers are concentrating on higher capacity ranges such as 700-1000ml and more than 1000ml.

 

Industry Definition and Major Segments

Aluminium cans, also known as “tin cans,” are packaging containers made of Aluminium. They are also used to package foods and drinks like soup and milk, as well as additives, oils, and other liquids.

 

Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/aluminium-cans-market

 

On the basis off end uses, the industry is segmented into:

  • Carbonated soft drinks.
  • Alcoholic beverage
  • Fruit juice
  • Herbal tea
  • Others

 

On the basis of regional markets, the industry is divided into:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

 

Latest Global News on Aluminium Cans [email protected] https://www.expertmarketresearch.com/pressrelease/global-aluminium-cans-market

 

Market Trends

The global growth of the aluminium cans market is fuelled by an increase in the consumption of packaged foods and drinks, an increase in product shelf life, and an increase in customer disposable income, as well as the ability to customise packaging with colours, 3D printers, and embossing. Concerns about the material’s non-recyclability, the pace at which it is made, and the harm it poses to marine life have led to a greater focus on reducing the amount of plastic packaging used globally. Aluminium cans have grown in popularity due to the effect they have on the environment by polluting the ocean. Aluminium cans can be recycled in a closed cycle multiple times, which is a major driver of development. As a result, few businesses are preferring aluminium cans to reduce their carbon footprint and drive toward sustainability. Furthermore, the superior properties of the product, such as low production cost, durability, strong reflectivity to heat and light, resistance against oxygen, humidity, and various other pollutants, and extended shelf life, will help to boost the growth of aluminium cans in the beverage and other packaging industries.

 

Key Market Players

The major players in the market Ball Corp., Crown Holding, Inc., Norsk Hydro ASA, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

 

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

 

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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