Food and Beverages Industry Report Metal Can Market Report 2024

Your CatalystTo a Lucrative Business
Metal Can Market Analysis, Size, Share, Growth, Industry Demand
and Forecast Report up to 2024 - Hexa Research
"Global metal can market size is expected to
increase significantly over the next eight years on
account of superior properties including
recyclability, long useful life, printability, UV
resistance, moisture resistance and protection from
bacteria."
Metal cans are containers that offer the storage and distribution of various products including such as
chemicals, food & beverages, oil and so on. The Global Metal Can Market is anticipated to grow at a CAGR of
3 % over the forecast period (from 2016 to 2024). Various factors including environmental benefits offered by
these cans, like fast recycle rate and the rising demands for canned food & beverages are expected to drive
the global market.
However, with the advent of High-Density Polyethylene (HDPE) and Polyethylene Terephthalate (PET) in the
packaging industry, these cans lost their major share in the industry. Moreover, the unstable prices of raw
materials also pose a challenge to the market growth. By focusing on fresh product development and
innovations, the manufacturers can ensure a considerable growth over the estimated years. The global
market is divided into products and regions.
Browse Details of Report@ https://www.hexaresearch.com/research-report/metal-cans-industry
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