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Global Aluminium Cans Market: By Application: Beverages, Food, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Setting Up an Aluminium Can Manufacturing Plant; Capital Investment; Operating Expenditures; Project Economics; Events and Developments

Global Aluminium Cans Market Outlook

The global aluminium cans market attained a value of USD 45.5 billion in 2020. The market is further expected to grow at a CAGR of 3.0% in the forecast period of 2022-2027.

 

Aluminium Cans Market

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Increased Demand for Aluminium Cans for Beverage Packaging to Augment the Market Growth

Based on application, beverages are anticipated to account for a significant share of the market for aluminium cans. The growing consumer preference for canned beverages has bolstered the demand for aluminium cans to package drinks like carbonated soft drinks, coffee, and juices, among others. The recyclability offered by aluminium cans, along with the convenience of usage are some of the major factors contributing to their demand. Also, the leading beverage manufacturers utilise designer labels to attract more consumers and increase the product reach. In addition, the growing innovations by the manufacturers to make aluminium cans suitable for packaging hard drinks like wine, cocktails, and energy drinks are anticipated to aid the market growth in the forecast period.

 

North America to Provide Significant Growth Opportunities for the Market Expansion of Aluminium Cans

North America is projected to account for a significant share of the global market for aluminium cans in the forecast period. This can be attributed to the growing focus of the leading manufacturers on the adoption of packaging materials that are sustainable and recyclable. Also, the growing consumer demand for premium alcoholic and non-alcoholic canned beverages, fuelled by the rising disposable incomes and improved living standards, is anticipated to support the market growth. Meanwhile, the Asia Pacific region is anticipated to witness a significant demand in the forecast years, with the growing consumer inclination towards processed and packaged food and beverage products. In addition, the growing demand for premium canned products such as sparkling water, wine, and hard spirits, among others, in developing economies is anticipated to prove beneficial for the market growth in the forecast period.

 

Market Segmentation

Aluminium cans are containers that are primarily used for packaging beverages and food items such as carbonated soft drinks, alcoholic beverages, fruits and fruit juices, soups, vegetables, and canned sea food, among others. These cans are sustainable in nature and offer convenience of usage, along with improved product protection.

 

Aluminium Cans Market by Application

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By application, the market can be segregated into:

  • Beverages 
  • Food 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Aluminium Cans Market by Region

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Enhanced Sustainability offered by Aluminium-based Packaging Solutions to Bolster the Market Growth of Aluminium Cans

Aluminium cans are one of the only infinitely-recyclable packaging materials available in the market that offer numerous benefits, including long shelf life, light weight, convenience of usage, improved durability, and corrosion resistance, among others. Aluminium cans offer improved product protection against oxygen, light, and moisture, among others. As a result, the use of aluminium-based packaging materials for canned products is gaining traction. The increased consumer preference for packaged and processed food products, especially among the working population, is also driving the market growth. Canned products like canned vegetables retain the freshness and the nutrients of the product for an extended duration, which allows for all-year round availability of seasonal goods. Also, canned products are cost-effective and offer a vast variety to choose from, which is further attracting consumer interest. Furthermore, the growing use of aluminium cans for the packaging of non-food items such as cosmetics, pharmaceuticals, oil, chemicals, and others, is anticipated to bolster their demand in various application sectors. The growing investments by the leading market players to expand their production capacity are anticipated to further supplement the growth of the market in the forecast period. For instance, in July 2021, Ball Corporation announced its plans to significantly expand its production capacity with the addition of new and advanced facilities in the UK and Russia, in an endeavour to meet the growing customer demand for sustainable products.

 

Key Players in the Global Aluminium Cans Market

The report gives a detailed analysis of the following key players in the global aluminium cans market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ball Corp.
  • Crown Holding, Inc.
  • Norsk Hydro ASA
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Beverages, Food, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Ball Corp., Crown Holding, Inc., Norsk Hydro ASA, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Packaging Industry Overview

    8.1    Global Packaging Historical Market (2017-2021) 
    8.2    Global Packaging Market Forecast (2022-2027)
    8.3    Global Packaging Market by Region
    8.4    Global Packaging Market by Type
    8.5    Global Packaging Market by Application
9    Global Beverage Cans Market Overview
    9.1    Global Beverage Cans Historical Market (2017-2021) 
    9.2    Global Beverage Cans Market Forecast (2022-2027)
    9.3    Global Beverage Cans Market by Region
    9.4    Global Beverage Cans Market by Type
10    Global Aluminium Cans Market Analysis
    10.1    Key Industry Highlights
    10.2    Global Aluminium Cans Historical Market (2017-2021) 
    10.3    Global Aluminium Cans Market Forecast (2022-2027)
    10.4    Global Aluminium Cans Market by Application
        10.4.1    Beverages
            10.4.1.1    Market Share
            10.4.1.2    Historical Trend (2017-2021)
            10.4.1.3    Forecast Trend (2022-2027)
        10.4.2    Food 
            10.4.2.1    Market Share
            10.4.2.2    Historical Trend (2017-2021)
            10.4.2.3    Forecast Trend (2022-2027)
        10.4.3    Others
    10.5    Global Aluminium Cans Market by Region
        10.5.1    Market Share
            10.5.1.1    North America
            10.5.1.2    Europe
            10.5.1.3    Asia Pacific
            10.5.1.4    Latin America
            10.5.1.5    Middle East and Africa
11    Regional Analysis
    11.1    North America
        11.1.1    Historical Trend (2017-2021)
        11.1.2    Forecast Trend (2022-2027)
        11.1.3    Breakup by Country
            11.1.3.1    United States of America 
            11.1.3.2    Canada
    11.2    Europe
        11.2.1    Historical Trend (2017-2021)
        11.2.2    Forecast Trend (2022-2027)
        11.2.3    Breakup by Country
            11.2.3.1    United Kingdom
            11.2.3.2    Germany
            11.2.3.3    France
            11.2.3.4    Italy
            11.2.3.5    Others
    11.3    Asia Pacific
        11.3.1    Historical Trend (2017-2021)
        11.3.2    Forecast Trend (2022-2027)
        11.3.3    Breakup by Country
            11.3.3.1    China
            11.3.3.2    Japan
            11.3.3.3    India
            11.3.3.4    ASEAN
            11.3.3.5    Australia
            11.3.3.6    Others
    11.4    Latin America
        11.4.1    Historical Trend (2017-2021)
        11.4.2    Forecast Trend (2022-2027)
        11.4.3    Breakup by Country
            11.4.3.1    Brazil
            11.4.3.2    Argentina
            11.4.3.3    Mexico
            11.4.3.4    Others
    11.5    Middle East and Africa
        11.5.1    Historical Trend (2017-2021)
        11.5.2    Forecast Trend (2022-2027)
        11.5.3    Breakup by Country
            11.5.3.1    Saudi Arabia
            11.5.3.2    United Arab Emirates
            11.5.3.3    Nigeria
            11.5.3.4    South Africa
            11.5.3.5    Others
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyers Power
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Value Chain Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players Market Share
    14.3    Company Profiles
        14.3.1    Ball Corp.
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Financial Summary
            14.3.1.5    Certifications
        14.3.2    Crown Holding, Inc.
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Financial Summary
            14.3.2.5    Certifications
        14.3.3    Norsk Hydro ASA
            14.3.3.1    Company Overview
            14.3.3.2    Product Portfolio
            14.3.3.3    Demographic Reach and Achievements
            14.3.3.4    Financial Summary
            14.3.3.5    Certifications
        14.3.4    Others
15    Setting Up an Aluminium Can Manufacturing Plant
    15.1    Key Success and Risk Factors for Manufacturing Aluminium Cans
    15.2    Products Manufactured: Introduction and Specification
    15.3    Manufacturing Process Involved
    15.4    Process Flow
    15.5    Raw Material Requirements and Mass Balance
16    Capital Investment
    16.1    Land Requirements and Investment
    16.2    Construction Requirements and Investment
    16.3    Plant Layout
    16.4    Machinery Requirements and Investment
    16.5    Other Capital Requirements and Investment
17    Operating Expenditures
    17.1    Raw Material Requirements and Expenditures
    17.2    Packaging Requirements and Costs
    17.3    Labor Requirements and Costs
    17.4    Transportation Requirements and Costs
    17.5    Utilities Requirements and Costs
    17.6    Financial Support
    17.7    Other Operating Expenditures
18    Project Economics
    18.1    Techno-Economic Parameters
    18.2    Product Pricing and Margins
    18.3    Income Projections
    18.4    Expenditure Projections
    18.5    Taxation
    18.6    Depreciation
    18.7    Financial Analysis
19    Events and Developments


List of Key Figures and Tables

1.    Global Aluminium Cans Market: Key Industry Highlights, 2016 and 2026
2.    Global Aluminium Cans Historical Market: Breakup by Application (USD Billion), 2017-2021
3.    Global Aluminium Cans Market Forecast: Breakup by Application (USD Billion), 2022-2027
4.    Global Aluminium Cans Historical Market: Breakup by Region (USD Billion), 2017-2021
5.    Global Aluminium Cans Market Forecast: Breakup by Region (USD Billion), 2022-2027
6.    North America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2017-2021
7.    North America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2022-2027
8.    Europe Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    Europe Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Asia Pacific Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Asia Pacific Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Latin America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Latin America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Middle East and Africa Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Middle East and Africa Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Global Aluminium Cans Market Structure

Key Questions Answered in the Report

The global aluminium cans market reached a value of USD 45.4 billion in 2020.

The market is projected to witness a CAGR of 3.0% in the forecast period of 2022-2027.

By 2026, the market is estimated to reach a value of USD 54.3 billion.

The major drivers of the market such as rising disposable incomes, increasing population, and increasing demand for aluminium cans from food, pharmaceuticals, oil, chemicals, and other industries are expected to aid the industry growth.

The rising eco-consciousness and recycling of the aluminium cans are the major trends informing the industry growth.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share.

Based on application segment, the beverage industry accounted for the leading market share.

The major players in the industry are Ball Corp., Crown Holding, Inc., Norsk Hydro ASA, and others.

Analyst Review

The global aluminium cans market attained a value of USD 45.5 billion in 2020 driven by the rising alcohol consumption and the growing demand from application sectors. Aided by the rising eco-consciousness, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3.0%. The aluminium cans market is projected to reach USD 54.3 billion by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. On the basis of application, the beverages sector accounts for the largest share in the market. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Ball Corp., Crown Holding, Inc., Norsk Hydro ASA, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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