The report published on global Europe Beverage Metal Cans Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The Europe Beverage Metal Cans Market offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.
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Major Companies:
Crown Holdings, Inc. (U.S.), Ball Corporation (U.S.), Silgan Holdings Inc. (U.S.), Ardagh Group (Luxembourg), and CAN-PACK S.A. (Poland). Other players include Kian Joo Group (Malaysia), CPMC Holdings Limited (China), Kingcan Holdings Limited (China), Tetra Laval International S.A. (Switzerland), and HUBER Packaging Group GmbH (Germany).
The global food & beverage Europe Beverage Metal Cans market was valued at USD 27.55 Billion in 2020 and is projected to grow at a CAGR of 5.80% from 2020 to reach USD 43.42 Billion by the year 2028. A can is a manufactured product in the food & beverage industry consisting of any material or material combination, used to present, store, protect, handle, and distribute edible goods, from raw materials to finished products, in every phase of the distribution chain. Packaging has changed with time in response to the following social factors such as population, growth, urbanization, necessity to avoid food deterioration and loss, mounting awareness about hygiene, consumption of more natural foods, and environmental decline. Food & beverage Europe Beverage Metal Cans were the most consumed product due to long-term preservation property of the metal can and high-temperature sterilization for food packaging. However, the corrosion effect associated with tin when in contact with acidic fruits and foods is anticipated to restrict the food & beverage Europe Beverage Metal Cans industry growth. These properties, together with constant innovation and technological evolution, have extended the application of metallic materials to all food products. However, they are best suited for the packaging of preserves, juices, and carbonated beverages.
The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Europe Beverage Metal Cans is expected to rise in the coming years.
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Type Outlook:
- 2-piece cans
- 3-piece cans
Application Outlook:
- Food
- Fruits & vegetables
- Convenience food
- Pet food
- Meat & seafood
- Other food products
- Beverages
- Alcoholic beverages
- Carbonated soft drinks
- Sports & energy drinks
- Other beverages
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Regional Outlook
For comprehensive understanding of market dynamics, the global Europe Beverage Metal Cans Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Europe Beverage Metal Cans Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Europe Beverage Metal Cans Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Europe Beverage Metal Cans Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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