Study: Food/drink metal can global market to reach 380+ billion cans in 2016

The global food and drink metal can market was estimated at nearly 330 billion cans in 2010 and is expected grow to more than 380 billion cans in 2016, according to a new report from companiesandmarkets.com. The U.S. and Europe are the largest consumers of metal cans for food and drink, although both are saturated markets. The Asia Pacific region, accounting for 24 percent of the global metal can market, is growing faster and will grow at nearly 5 percent per year to 2016.

Metal cans have been losing market share to PET bottles and HDPE in food and drink segments. The issues facing the metal can market are fluctuating raw material prices, threat of substitution from plastics and the lack of microwave capability. Beverages account for 74 percent of the global metal can market. Growth in the beverage cans market will be supported by new drinks such as energy and sports drinks, fruit and vegetable juices and new shapes and formats.

This report, Global Food and Beverage Metal Cans Market by Raw Materials, Sizes and Shapes, Applications, Price Trends and Forecast, 2011-2016, provides a comprehensive review of major market drivers, challenges and key issues in the metal can market. The market is segmented and forecasted for major geographies: North America, Europe, Asia-Pacific and Rest of the World that include growth regions such as Brazil. Leading players are profiled in detail with their recent developments and other strategic industry activities.

Among the key questions answered are:
What are market estimates and forecasts, in terms of volumes and revenues, for food and beverage metal cans market?

What is the competitive landscape; who are the main players in metal cans market; what are their strategic directives, operational strengths?

What is the market demand of food and beverage metal cans by various food types and beverage types?

What is the market size and forecast for key countries in North America, Asia Pacific and Europe?

Click here for report details. 

Source: companiesandmarkets.com

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