IMARC Group, a leading market research company, has recently releases report titled “Aluminium Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global aluminium cans market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the aluminium cans market?
The global aluminium cans market size reached US$ 52.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 65 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
What are Aluminium Cans?
Aluminium cans are lightweight containers primarily used for packaging beverages, foods, and other consumer goods. They are crafted using specialized processes such as extrusion, coating, and printing to achieve the required shape, appearance, and functionality. Characteristically, aluminium cans offer durability, recyclability, and barrier properties, aligning with the needs of the modern packaging industry. They come in various sizes, designs, and coatings, such as standard 12-ounce cans, slim cans, and custom-printed variations, to cater to diverse market preferences and brand positioning. Key components in aluminium can production include quality aluminium alloys, precise forming techniques, sealing technologies, and suitable labeling methods. The particular features of aluminium cans make their selection an essential aspect of sustainable packaging solutions.
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Aluminium Cans Market Trends:
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The rising demand for eco-friendly and recyclable packaging materials, along with the growth in beverage and ready-to-eat food sectors, is a vital driver propelling the growth of the aluminium cans market globally. Coinciding with this trend, aluminium cans are acknowledged for their contribution to sustainability, preservation qualities, and convenience, significantly advancing market growth. Moreover, technological innovations in can manufacturing and design have enabled the creation of appealing and functional aluminium cans, further bolstering market growth. Additionally, the increasing demand from various sectors such as soft drinks, beers, and personal care products for innovative and recyclable packaging is accelerating market expansion. Furthermore, compliance with regulations pertaining to environmental responsibility, material safety, and recycling practices is enhancing the market’s growth. The global packaging and environmental policy landscape, along with governmental initiatives promoting recycling and waste reduction, is cultivating a conducive market environment. Other factors, such as investments in research for developing advanced aluminium can technologies and the emergence of companies specializing in can manufacturing and recycling, are amplifying market growth worldwide.
Aluminium Cans Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aluminium cans market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Ball Corporation
- Crown Holdings, Inc.
- Ardagh Group S.A.
- Amcor Limited
- CMPC Holdings Limited
Key Market Segmentation:
The report has segmented the aluminium cans market on the basis of breakup by application and region.
Breakup by Application:
- Beverages
- Food
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
Browse full report with TOC & List of Figures: https://www.imarcgroup.com/aluminium-cans-manufacturing-plant
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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