Market Overview:
The global aluminum food can market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market is attributed to factors such as rising demand for processed and packaged foods, increasing disposable income, and growing urbanization. In terms of type, the three-piece can segment is expected to hold the largest share of the global aluminum food can market during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030. In terms of application, fruits and vegetables are projected to be the fastest-growing segment in terms of value during the forecast period from 2018to 2030. This segment is estimatedto grow at a CAGRof 6%.
Product Definition:
A food can is a container for food that is sealed by metal and has a removable lid. The first cans were made in the early 1800s of wrought iron with soldered seams. Today, most cans are made of aluminum, which is lighter and does not corrode as quickly as iron.
Three Piece Can:
The three-piece can is a tin container with lids. It's the most common packaging type for food and beverages. The global aluminum three-piece can market size was valued at USD 2,15 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022.
Aluminum cans are lightweight; they have high recycling efficiency; they provide excellent barrier protection against oxygen, light, moisture & other gasses;.
Two Piece Can:
The two-piece can is a tin container with a top and bottom that are separate from the body of the can. The design allows for better food presentation as well as improved packaging options. These cans are primarily used for packaging foods such as meat, seafood, poultry, and vegetables among others. The market size of two-piece cans in aluminum is expected to be USD 2 billion by 2024 growing at an estimated CAGR of XX% over the forecast period.
Application Insights:
Aluminum cans are used for the packaging of a wide range of food products such as fruits and vegetables, meat and seafood, pet food, soups, and other foods. The use of aluminum cans in the packaging of soup is expected to witness significant growth over the forecast period owing to its advantages including lightweight property which makes it easy to carry around. Aluminum cans are also used for packing cold drinks such as carbonated beverages which is likely to propel industry expansion over the coming years.
The fruit and vegetable segment accounted for more than 30% share in 2017 due to high demand from countries like China India Indonesia Vietnam where canned fruits & vegetables are highly preferred snacks over raw materials especially among children population who comprise major part of this market demand.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to high demand from countries, such as China, India, Japan, South Korea and Indonesia. Increasing population coupled with rising living standards have spurred the demand for food products across these countries. Growing disposable income has led consumers to spend on premium food items which will further fuel product demand over the next eight years.
Europe was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 due toward increasing consumption levels among consumers especially millennials coupled with growing awareness regarding health benefits associated with aluminum-based cans as compared to steel cans used earlier times.
Growth Factors:
- Increasing demand for processed and packaged food products: The global processed and packaged food market is projected to grow at a CAGR of 5.4% from 2016 to 2021. This growth is driven by the increasing urbanization and changing lifestyles, which have led to an increase in the demand for convenience foods. Aluminum food cans are used extensively in the packaging of processed and canned foods as they provide a hermetic seal that helps preserve the quality and flavor of the food products.
- Rising awareness about health benefits of consuming canned fruits and vegetables: There is a growing awareness among consumers about the health benefits of consuming canned fruits and vegetables, which has led to an increase in their demand over the past few years. Canned fruits and vegetables are nutritionally equivalent or even superior to fresh fruits and vegetables with respect to certain nutrients such as vitamin A, vitamin C, folate, potassium, magnesium, etc., owing to their processing methods (e.g., blanching/frying). Thus, consumption of these products can help meet daily nutritional requirements easily without compromising on taste or flavor.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Food Can Market Research Report
By Type
Three Piece Can, Two Piece Can
By Application
Fruits and Vegetables, Meat and Seafood, Pet Food, Soups, Other Food
By Companies
Ball Metalpack, 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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Food Can Market Report Segments:
The global Aluminum Food Can market is segmented on the basis of:
Types
Three Piece Can, Two Piece Can
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
Fruits and Vegetables, Meat and Seafood, Pet Food, Soups, Other Food
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 Metalpack
- 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 Aluminum Food Can 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:
- Three Piece Can
- Two Piece Can
- By Application:
- Fruits and Vegetables
- Meat and Seafood
- Pet Food
- Soups
- Other Food
- 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 Aluminum Food Can 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An aluminum food can is a metal container that is used to store food. Aluminum cans are often recycled and are considered environmentally friendly because they do not corrode.
Some of the major players in the aluminum food can market are Ball Metalpack, 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 aluminum food can market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Food Can 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 Aluminum Food Can Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Food Can 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 Aluminum Food Can 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 Aluminum Food Can Market Size & Forecast, 2018-2028
4.5.1 Aluminum Food Can Market Size and Y-o-Y Growth
4.5.2 Aluminum Food Can Market Absolute $ Opportunity
Chapter 5 Global Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Type
5.2.1 Three Piece Can
5.2.2 Two Piece Can
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Applications
6.2.1 Fruits and Vegetables
6.2.2 Meat and Seafood
6.2.3 Pet Food
6.2.4 Soups
6.2.5 Other Food
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Food Can 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 Aluminum Food Can 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 Aluminum Food Can Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Type
9.6.1 Three Piece Can
9.6.2 Two Piece Can
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 Aluminum Food Can Market Size Forecast by Applications
9.10.1 Fruits and Vegetables
9.10.2 Meat and Seafood
9.10.3 Pet Food
9.10.4 Soups
9.10.5 Other Food
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 Aluminum Food Can Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Type
10.6.1 Three Piece Can
10.6.2 Two Piece Can
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 Aluminum Food Can Market Size Forecast by Applications
10.10.1 Fruits and Vegetables
10.10.2 Meat and Seafood
10.10.3 Pet Food
10.10.4 Soups
10.10.5 Other Food
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 Aluminum Food Can Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Type
11.6.1 Three Piece Can
11.6.2 Two Piece Can
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 Aluminum Food Can Market Size Forecast by Applications
11.10.1 Fruits and Vegetables
11.10.2 Meat and Seafood
11.10.3 Pet Food
11.10.4 Soups
11.10.5 Other Food
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 Aluminum Food Can Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Food Can 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 Aluminum Food Can Market Size Forecast by Type
12.6.1 Three Piece Can
12.6.2 Two Piece Can
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 Aluminum Food Can Market Size Forecast by Applications
12.10.1 Fruits and Vegetables
12.10.2 Meat and Seafood
12.10.3 Pet Food
12.10.4 Soups
12.10.5 Other Food
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) Aluminum Food Can Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Food Can 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) Aluminum Food Can Market Size Forecast by Type
13.6.1 Three Piece Can
13.6.2 Two Piece Can
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) Aluminum Food Can Market Size Forecast by Applications
13.10.1 Fruits and Vegetables
13.10.2 Meat and Seafood
13.10.3 Pet Food
13.10.4 Soups
13.10.5 Other Food
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 Aluminum Food Can Market: Competitive Dashboard
14.2 Global Aluminum Food Can Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ball Metalpack
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
