According to a new report by Expert Market Research, the global aluminium cans market reached a volume of 313 Billion cans in 2018 and is expected to reach a volume of around 352 Billion cans by 2024.
Increasing population, rising disposable incomes of consumers, urban lifestyles and growing demand from the food and beverage industry, particularly in emerging markets are some of the factors driving the growth of the global market for aluminium cans. Manufacturers are also undertaking initiatives to produce environment-friendly cans by improving their recycling rate. Moreover, technological developments and innovations have led to the manufacturing of easy-open lids, resealable cans and smart packaging solutions such as self-heating cans, which in turn, are broadening the scope of this market.
Key findings from the report:
Expert Market Research has analysed the global aluminium market according to key application areas, major regions and top players:
Market breakup by Application
Market breakup by Region
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"Aluminium Cans Market: By Region: North America, Europe, Latin America, Asia Pacific; By End-Use: Beverage Industry, Food Industry; SWOT Analysis; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape; Capital Investment; Operating Expenditures; Project Economics"
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