Aluminium Cans Market Share, Size, Analysis, Trends, Future Scope and Business Opportunities 2023-2028

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 share, size, 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?

Report Attributes Details
Market Size in 2022 US$ 52.2 Billion
Market Forecast in 2028 US$ 65 Billion
Growth rate (2023 to 2028) CAGR of 3.3%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What are aluminium cans?

Aluminium cans, or tin cans, refer to sustainable single-use packaging containers that are used to pack various solid and liquid products. As compared to conventional plastic wrappers or covers, aluminium cans are long-lasting, recyclable, lightweight, easy to handle, and offer superior durability at an affordable price. Apart from this, aluminium cans are non-toxic, processable, resistant to corrosion, easy to ship, and they provide unparalleled safety from oxygen, light, and moisture. Consequently, aluminium cans are extensively utilized across the food and beverage (F&B) and healthcare industries to pack various products and extend their shelf-life and quality by mitigating contaminants.

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What are the growth prospects and trends in the aluminium cans industry:

The global market is majorly driven by the increasing sales of packaged foods and beverages. This can be attributed to rapid urbanization, hectic schedules led by the working professionals, shifting dietary preferences and the inflating per capita income levels of individuals. Along with this, there has been a rising demand for aluminium cans from the pharmaceuticals sector. They are widely used for the packaging of pain-relieving sprays and several over-the-counter (OTC) products, which is providing an impetus to the market growth. The market is further driven by the increasing environmental concerns among the masses, which has impelled the requirement for sustainable packaging containers for substituting plastic containers. Supported by the numerous government policies that encourage the adoption of recyclable packaging across multiple industries, this is acting as another major growth-inducing factor. Moreover, several players are extensively replacing bisphenol A (BPA) liners with a new epoxy called valPure V70 during the production of these cans. Since the utilization of BPA liners has often been associated with triggering numerous health conditions, they are increasingly being replaced by new liners that offer similar barrier properties to BPA.

Who are the key players operating in the industry?

The report covers the major market players including:

  • Ball Corporation
  • Crown Holdings, Inc.
  • Ardagh Group S.A.
  • Amcor Limited
  • CMPC Holdings Limited

What is included in market segmentation?

The report has segmented the market into the following categories:

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)

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