Food Cans Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Metal, Tinplate, Paperboard, Plastic); End Use (Meat, Poultry and Seafood, Pet Food, Bakery and Confectionary, Sauces, Jams and Pickles, Fruits and Vegetables, Tea and Coffee, Others) and Geography
Report Code: TIPRE00022645
| No. of Pages: 150
| Category: Chemicals and Materials
| Status: Upcoming
Food cans are referred to the type of cans that are utilized for the distribution and storage of food and beverage items. Tin is a non-reactive metal whereas iron is a reactive metal. Tin is electroplated on iron to make cans used for storing food. Food cans contains pet food, bakery & confectionary, sauces, jams & pickles, fruits & vegetables and many more.
The "Global Food Cans Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food cans market with detailed market segmentation by material, end use, and geography. The report provides key statistics on the market status of the leading food cans market players and offers key trends and opportunities in the market.
Based on material, the global food cans market is segmented into metal, tinplate, paperboard, and plastic.
Based on end use, the global food cans market is segmented into meat, poultry & seafood, pet food, bakery & confectionary, sauces, jams & pickles, fruits & vegetables, tea & coffee, and others.
MARKET DYNAMICS Drivers
Growing awareness about the nutritional benefits of fish and seafood consumption is on the rise.
Increase in recycling rates and the rising awareness of the disadvantages associated with plastic packaging helps in multiplying the growth rate of the food cans market.
Increasing used of can food in developing regions.
Rising R&D activities drive the food cans market.
Rising cost associated with steel.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The food cans market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food cans market in these regions.
IMPACT OF COVID-19 ON food cans MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products. The market for 3D printed metal is impacted by the pandemic due to shortfall in production along with halt in construction projects due to global lockdown.
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The report covers key developments in the food cans market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food cans market are anticipated to lucrative growth opportunities in the future with the rising demand for food cans in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food cans market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Crown Holding Inc.
Silgan Holding Inc.
Toyo Seikan Co. Ltd
Smurfit Kappa Group Plc
Mondi Group Plc
Sonoco Product Company
Ardagh Group S.A
CPMC Holding Limited
Kingcan Holding Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Crown Holding Inc.
2. Silgan Holding Inc.
3. Ball Corporation
4. Toyo Seikan Co. Ltd
5. Smurfit Kappa Group Plc
6. Mondi Group Plc
7. Sonoco Product Company
8. Ardagh Group S.A
9. CPMC Holding Limited
10. Kingcan Holding Limited