Aluminium cans are primarily used for the packaging of carbonated soft drinks, alcoholic beverage, fruit juice, herbal tea etc. They are one of the most recyclable package types available in the market which offer numerous packaging benefits: long shelf life, light weight, easy to handle and carry, high strength, corrosion resistance and moisture free. As a result, aluminium cans are gaining global prominence. During 2014-2018, the global aluminium cans market grew at a CAGR of around 3%. Along with beverages, aluminium can packaging is also gaining popularity in the food, pharmaceuticals, oil, chemicals and other industries. This report by Expert Market Research entitled “Aluminium Cans Market Report & Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the aluminium cans market.
Historical market trends for the aluminium cans industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global aluminium cans market into the following regions – North America, South America, Asia-Pacific and Europe. The report finds North America to be the largest market. Additionally, the report has analysed the global aluminium cans market on the basis of its end use. Currently, the beverage industry represents the biggest end-use market for aluminium cans followed by the food industry.
The value chain analysis of aluminium cans has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the aluminium cans industry has also been provided. Some of the key players in this market include Rexam, Ball and Crown.
This report provides an exhaustive insight for setting up and running an aluminium can manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the trends in the global aluminium cans market?
- Which are the biggest markets (regions) for aluminium cans?
- What are the key application areas for aluminium cans?
- Who are the key manufacturers in the aluminium cans market?
- What are the land and construction requirements to start an aluminium can manufacturing plant?
- What are the machinery requirements to start an aluminium can manufacturing plant?
- How are aluminium cans priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start an aluminium can manufacturing plant?
- What are the running costs of an aluminium can manufacturing plant?
- How much revenue can an aluminium can manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the aluminium cans industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.