Market Overview:
The global 2 piece cans for food and beverage market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for convenience foods and beverages, coupled with the rising trend of on-the-go consumption. In addition, the growing popularity of canned food among health-conscious consumers is also contributing to the growth of this market. The aluminum cans segment is expected to dominate the global 2 piece cans for food and beverage market during the forecast period, owing to its superior properties such as lightweightness and recyclability. However, steel cans are gaining traction due their lower price point as compared to aluminum cans. Moreover, steel cans are also less prone to denting or crushing than aluminum cans, making them ideal for packaging products that require a longer shelf life. Regionally, North America is estimated to account for majority share in terms of revenue in 2018 followed by Europe.
Product Definition:
2 Piece cans for food and beverage are containers that consist of two parts that fit together. The top and bottom pieces are usually hinged together, but can also be separate pieces that are snapped or screwed together. They are often used for packaging foods such as soup, beans, or chili, as well as beverages such as soda or beer. 2 piece cans provide a more secure seal than other types of packaging, which helps to prevent spoilage and leaks. They are also easier to open than traditional cans with lids.
Aluminum Cans:
Aluminum cans are widely used for packaging of food & beverage products. They offer several advantages over other packaging materials such as lightweight, high recyclability, and resistance to atmospheric corrosion. Aluminum is the most commonly used metal for canning owing to its properties such as light weight and excellent barrier properties which helps in retaining the freshness of packaged product for a longer time.
Steel Cans:
Steel cans are primarily employed for the packaging of food and beverage products. They offer several advantages over other packaging materials such as low cost, portability, and high sustainability. Steel cans are considered to be a sustainable material due to their recyclability which makes them an ideal choice for the environment-friendly packaged food product.
The global 2 piece cans for food & beverage market is expected to witness significant growth on account of rising demand from emerging economies in Asia Pacific such as India.
Application Insights:
The food application segment led the global 2 piece cans for food and beverage market in 2017, accounting for a share of over 60.0%. The segment is likely to maintain its dominance over the forecast period due to factors such as growing demand from end-users including restaurants, fast-food joints and casual dining venues. In addition, manufacturers are also focusing on developing innovative products that cater to consumer needs which is expected to drive growth in near future.
2 piece aluminum cans are used for beverage applications as they offer better thermal insulation than steel or plastic bottles. This helps keep beverages colder longer without compromising on taste which is likely to drive product demand in this application segment over the forecast period.
In addition, increasing use of aluminum cans owingto their low weight compared with steel or glassis expected fuel further growth especially across Asia Pacific.
Regional Analysis:
North America dominated the global 2 piece cans for food and beverage market in 2017. The U.S., as a major consumer of canned foods, is expected to continue its dominance over the forecast period. However, with changing lifestyles and rising disposable incomes in developing countries such as India, China and Brazil; demand for packaged food is projected to grow rapidly over the next eight years thereby driving industry growth.
Europe accounted for a significant share of global revenue in 2017 owing to high consumption of beer across various countries including Germany, Belgium, France among others.
Asia Pacific was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for convenience foods: The growth of the 2 piece cans market is largely attributed to the increasing demand for convenience foods. With people leading busy lives, they are looking for food items that are easy to prepare and can be consumed on the go. This has led to an increase in the popularity of canned food items, which can be easily opened and consumed without any hassle.
- Rising disposable income levels: Another key factor driving growth in the 2 piece cans market is rising disposable income levels across regions. This has resulted in an increase in spending on food and beverage products, with consumers opting for premium and high-quality offerings. In particular, there is a growing trend among consumers towards purchasing packaged goods that offer better value for money.
- Growing preference for ready-to-eat meals: Along with convenience, another key factor driving demand for 2 piece cans packaging is the growing preference among consumers worldwidefor ready-to-eat meals instead of home cooked ones. This shift towards convenient prepped meals has led to a surge in sales of canned food items as they offer similar benefits but at a fraction ofthe time required to cook them from scratch at home .
Scope Of The Report
Report Attributes
Report Details
Report Title
2 Piece Cans for Food and Beverage Market Research Report
By Type
Aluminum Cans, Steel Cans
By Application
Food, Beverage
By Companies
Ball Corporation, Crown Holdings, Ardagh group, Toyo Seikan, Silgan Holdings Inc, Can Pack Group, Daiwa Can Company, ORG Technology, CPMC Holdings, Hokkan Holdings, Baosteel Packaging, Showa Aluminum Can Corporation, ShengXing Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global 2 Piece Cans for Food and Beverage Market Report Segments:
The global 2 Piece Cans for Food and Beverage market is segmented on the basis of:
Types
Aluminum Cans, Steel Cans
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverage
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ball Corporation
- Crown Holdings
- Ardagh group
- Toyo Seikan
- Silgan Holdings Inc
- Can Pack Group
- Daiwa Can Company
- ORG Technology
- CPMC Holdings
- Hokkan Holdings
- Baosteel Packaging
- Showa Aluminum Can Corporation
- ShengXing Group
Highlights of The 2 Piece Cans for Food and Beverage Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Cans
- Steel Cans
- By Application:
- Food
- Beverage
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2 Piece Cans for Food and Beverage Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2 piece cans are typically used for food and beverage products. These cans have a top and bottom that are connected by a hinge. The top can be opened to reveal the contents of the bottom can, which is often used for storage or transportation.
Some of the major players in the 2 piece cans for food and beverage market are Ball Corporation, Crown Holdings, Ardagh group, Toyo Seikan, Silgan Holdings Inc, Can Pack Group, Daiwa Can Company, ORG Technology, CPMC Holdings, Hokkan Holdings, Baosteel Packaging, Showa Aluminum Can Corporation, ShengXing Group.
The 2 piece cans for food and beverage market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2 Piece Cans for Food and Beverage Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2 Piece Cans for Food and Beverage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2 Piece Cans for Food and Beverage Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2 Piece Cans for Food and Beverage Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2 Piece Cans for Food and Beverage Market Size & Forecast, 2020-2028
4.5.1 2 Piece Cans for Food and Beverage Market Size and Y-o-Y Growth
4.5.2 2 Piece Cans for Food and Beverage Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Cans
5.2.2 Steel Cans
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverage
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2 Piece Cans for Food and Beverage Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2 Piece Cans for Food and Beverage Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Cans
9.6.2 Steel Cans
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverage
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Cans
10.6.2 Steel Cans
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverage
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Cans
11.6.2 Steel Cans
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverage
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Cans
12.6.2 Steel Cans
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverage
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Cans
13.6.2 Steel Cans
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverage
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2 Piece Cans for Food and Beverage Market: Competitive Dashboard
14.2 Global 2 Piece Cans for Food and Beverage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ball Corporation
14.3.2 Crown Holdings
14.3.3 Ardagh group
14.3.4 Toyo Seikan
14.3.5 Silgan Holdings Inc
14.3.6 Can Pack Group
14.3.7 Daiwa Can Company
14.3.8 ORG Technology
14.3.9 CPMC Holdings
14.3.10 Hokkan Holdings
14.3.11 Baosteel Packaging
14.3.12 Showa Aluminum Can Corporation
14.3.13 ShengXing Group
