Market Overview:
The global laminated steel for cans 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 food and beverage packaging, aerosol packaging, and other applications from various end-use industries. In terms of type, the PET laminated steel segment is expected to grow at a higher CAGR than the PP laminated steel segment during the forecast period. This can be attributed to its properties such as high tensile strength, light weight, and resistance against corrosion. Regionally, North America is estimated to account for a major share of the global laminated steel for cans market in 2018; however, Asia Pacific is projected to register highest growth rate during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Laminated steel is a type of metal that has been combined with another type of metal. This creates a layer that is stronger and more resistant to damage than either metal would be on its own. Laminated steel is often used in cans because it can protect the food inside from being damaged by scratches or dents.
PET Laminated Steel:
PET laminated steel is a type of steel that has been coated with polyethylene terephthalate (PET) resin. The process of coating makes the metal more robust and flexible, while at the same time reducing its weight. This results in making it suitable for use in packaging applications such as bottles and cans.
The global PET laminated steel market size was valued at USD 856 million in 2016.
PP Laminated Steel:
PP laminated steel is a type of steel that consists of two thin layers of metal, with between them a layer of plastic. The PP Laminated Steel for Laminated Steel for Cans market has been growing rapidly in the last few years and it is expected to grow at a steady rate over the forecast period. This growth can be attributed to factors such as increasing demand from end-use industries and rapid urbanization in emerging economies across the globe.
Application Insights:
The food and beverage packaging segment led the global laminated steel for cans market in 2017. This is attributed to growing demand for canned foods across the globe. Food and beverage manufacturers are increasingly using laminates to manufacture intermediate containers, which are then used by food processing companies in their supply chain.
The aerosol packaging segment is expected to register a CAGR of XX% over the forecast period owing to increasing use of aerosol spray paint cans by various end-use industries such as automotive, construction and DIY among others.
Regional Analysis:
Asia Pacific dominated the global laminated steel for cans market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing construction spending and growing automotive industry in emerging economies such as China, India, Indonesia, Vietnam and Thailand among others.
China is projected to witness significant growth over the coming years owing to rapid industrialization along with a rising population base of around 1.4 billion people from present levels by 2030 which will drive demand for consumer goods including food packaging products.
Growth Factors:
- Increasing demand for canned food products: The global canned food market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for convenience foods, which are easy-to-prepare and do not require any special cooking skills.
- Rising disposable income: A growing number of consumers in developing countries are now able to afford processed and packaged foods, which is driving the growth of the Laminated Steel for Cans market.
- Urbanization and changing lifestyles: The trend of urbanization is leading more people to live in cities, where there is a greater demand for ready-to-eat meals and snacks. This is also contributing to the growth of the Laminated Steel for Cans market worldwide.
- . Technological advancements: Manufacturers are introducing new technologies that help improve production efficiency and reduce wastage during manufacturing processes, thus resulting in lower costs per unit produced.. This is helping them gain a larger share in the Laminated Steel for Cans market..
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminated Steel for Cans Market Research Report
By Type
PET Laminated Steel, PP Laminated Steel, Others
By Application
Food and Beverage Packaging, Aerosol Packaging, Others
By Companies
Toyo Kohan, JFE Steel Corporation, Tata Steel, Polytech America, LLC
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Laminated Steel for Cans Market Report Segments:
The global Laminated Steel for Cans market is segmented on the basis of:
Types
PET Laminated Steel, PP Laminated Steel, Others
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 and Beverage Packaging, Aerosol Packaging, Others
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:
- Toyo Kohan
- JFE Steel Corporation
- Tata Steel
- Polytech America, LLC
Highlights of The Laminated Steel for Cans 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:
- PET Laminated Steel
- PP Laminated Steel
- Others
- By Application:
- Food and Beverage Packaging
- Aerosol Packaging
- Others
- 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 Laminated Steel for Cans 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?
Laminated steel is a type of steel that has been divided into thin sheets that are then welded together. This creates a stronger and more durable product than traditional steel cans.
Some of the major players in the laminated steel for cans market are Toyo Kohan, JFE Steel Corporation, Tata Steel, Polytech America, LLC.
The laminated steel for cans 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 Laminated Steel for Cans 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 Laminated Steel for Cans Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laminated Steel for Cans 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 Laminated Steel for Cans 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 Laminated Steel for Cans Market Size & Forecast, 2020-2028
4.5.1 Laminated Steel for Cans Market Size and Y-o-Y Growth
4.5.2 Laminated Steel for Cans 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 PET Laminated Steel
5.2.2 PP Laminated Steel
5.2.3 Others
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 and Beverage Packaging
6.2.2 Aerosol Packaging
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laminated Steel for Cans 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 Laminated Steel for Cans 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 PET Laminated Steel
9.6.2 PP Laminated Steel
9.6.3 Others
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 and Beverage Packaging
9.10.2 Aerosol Packaging
9.10.3 Others
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 PET Laminated Steel
10.6.2 PP Laminated Steel
10.6.3 Others
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 and Beverage Packaging
10.10.2 Aerosol Packaging
10.10.3 Others
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 PET Laminated Steel
11.6.2 PP Laminated Steel
11.6.3 Others
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 and Beverage Packaging
11.10.2 Aerosol Packaging
11.10.3 Others
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 PET Laminated Steel
12.6.2 PP Laminated Steel
12.6.3 Others
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 and Beverage Packaging
12.10.2 Aerosol Packaging
12.10.3 Others
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 PET Laminated Steel
13.6.2 PP Laminated Steel
13.6.3 Others
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 and Beverage Packaging
13.10.2 Aerosol Packaging
13.10.3 Others
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 Laminated Steel for Cans Market: Competitive Dashboard
14.2 Global Laminated Steel for Cans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyo Kohan
14.3.2 JFE Steel Corporation
14.3.3 Tata Steel
14.3.4 Polytech America, LLC
