Stratview Research has published a new report on the Aluminum Cans Market. The report on the market is segmented by Product Type (Slim, Sleek, Standard, and Others), by Capacity Type (Less Than 200ml, 201-450ml, 451-700ml, 701-1000ml, and More than 1000ml), by Structure Type (1-Piece Can, 2-Piece Can, and 3-Piece Can), by End-Use Industry Type (Beverage, Food, Chemical, Pharmaceutical, Paints & Lubricants, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Overview:

The aluminum cans market was estimated at USD 54.36 billion in 2021 and is likely to grow at a CAGR of 4.19% during 2022-2028 to reach USD 73.02 billion in 2028.

Segment Analysis

Based on the capacity type, the market is segmented as less than 200ml, 201-450ml, 451-700ml, 701-1000ml, and more than 1000ml. The 201-450ml segment held the largest share of the market in 2021. The dominance of the segment is mainly because of the beverage industry behemoths such as Coca-Cola and PepsiCo, preparing to roll out water packaged in aluminum. The 201-450 ml aluminum cans continue to witness high demand owing to their advantages such as being lightweight, easy to transport, and store. The rise of ‘on-the-go’ culture and the growing popularity of ready-to-drink (RTD) beverages are also contributing a healthy growth for the segment.

Based on the end-use industry type, the aluminum cans market is segmented as beverage, food, chemical, pharmaceutical, paints & lubricants, and others. The beverage segment held the largest share of the market in 2021. The segment's dominance is mainly due to the rise in consumption of processed beverages and the increasing shelf life of products. Aluminum cans are popular in the beverage industry as they are capable of preserving the quality and flavor of the contents.

In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the major countries with lucrative growth opportunities. The growing concerns regarding the use and consumption of sustainable packaging materials mainly drive the growth of the region’s market. High consumption of processed and ready-to-eat (RTE) food products in the region is a key growth factor for the region’s market.

What do we aim to solve with this report?

By delivering concise and pertinent industry information & outlook, we aim to assist the stakeholders in navigating through the decision-making terrain.
The report primarily aims at:
- Helping the user recognize innovative trends surrounding the Aluminum Cans Market.
- Finding out factors that assist the user in making practical business decisions.
- Highlighting the positive & negative influencers of the Aluminum Cans Market.
- Forecasting the sales, CAGR, and the dominant segments & sub-segments of the market.
- Analysing the key players/competitors in the market.

Key Players

  • Ball Corporation
  • Ardagh Group S.A.
  • Crown Holdings Inc.
  • Silgan Holdings Inc.
  • Toyo Seikan Group Holdings Ltd.
  • CPMC HOLDINGS Limited (COFCO Group)
  • Exal Corporation
  • CAN-PACK S.A.
  • Hindustan Tin Works Ltd
  • Amcor plc.

Critical Questions Answered in the Report

l  What are the key trends in the Aluminum Cans Market?

l  How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

l  What is the impact of COVID-19 on the Aluminum Cans Market?

l  What are the key strategies adopted by the major vendors to lead in the global Aluminum Cans Market?

l  What is the market share of top vendors?

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+1-313-307-4176.