Food and Beverages Industry Report Metal Can Market Insights, 2016 to 2024 | Page 2
Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
Browse Related Category Market Reports @ https://www.hexaresearch.com/researchcategory/food-safety-and-processing-industry
The products sector of the metal can market includes soups, sports drinks, energy drinks,
alcoholic beverages, carbonated soft drinks, fruits, vegetables, miscellaneous foods. The
beverages sector dominated the global market and is further expected to grow at a CAGR
of over 3.1 % during the forecast period. This can be attributed to its benefits such as
extended coolness and better protection from UV rays. In addition, product d ifferentiation
and innovation in the sizes and shapes of metal cans is said to spur the demand in the
sector.
Geographically, North America dominated the overall market in 2015 occupying over 31 %
of the total market share. The market is projected to witness a rapid growth on account of
high consumption of canned food & beverages in the region.
The APAC region is anticipated to experience the fastest growth due to the rising
disposable income levels along with the increased preferences towards canned food
products. The region is likely to grow at a healthy CAGR of over 4.3 % over the estimated
years.
The major companies in the global metal can market are Amcor Ltd.; CPMC Holdings Ltd.;
Ardagh Packaging Group PLC.; Siligan Containers Corp.; Sonoco Phoenix Inc.; Crown
Holdings Inc.; Ball Corp.; BWAY Corp.; Rexam PLC.; and Kian Joo Group.
Browse Full Report with TOC @ https://www.hexaresearch.com/research-report/metal-cansindustry
About Us:
Contact: +1-800-489-3075
Email : [email protected]
Website: http://www.hexaresearch.com/