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Global canned food packaging market forecast and analysis 2016-2021 published by leading research firm

Global canned food packaging market forecast and analysis 2016-2021 published by leading research firm

The Global Canned Food Packaging Market was worth USD xx million in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2021. Food is an important part of the life and it is preferred mostly by various external aspects such as colour, taste, presentation and hygiene. Thus, packaging plays an important role in fulfilling the needs of the customers. To attract the customers and to preserve food, various packaging companies came up with different innovations.

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Metal cans are one of the most used types of food packaging which facilitate the distribution and storage of the food. Canned food or processed food is a good source of nutrients and protect the food from external conditions and provide hygienic food.

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Metal packaging is popularly used type of packaging as it is convenient to use, easy to transport and safe to consume. The canned food thus is available in various sizes, shapes, and styles.

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Changing customer preference is a problem faced by the food manufacturers as it is unpredictable and thus constant innovation has to be made to attract them. While offering the advantages of a long shelf-life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality.

Recyclable and reusable properties of the cans, cheaper price of canned food, nutritional value and hygienic food process, demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are the factors driving the Global canned food packaging market. Rising household income, increasing urbanization and growing demand for the milk-based products such as cheese and ice-cream are also driving the global market.

However, availability of alternative packaging solutions, the high cost of metals, an introduction and high density of polyethylene terephthalate are major restraining factors affecting the global canned food packaging market.

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The Global Canned Food Packaging Market is segmented on the basis of Type of can, Material, Application and Distribution channel. Depending on types of can, the market is segmented into 3-piece welded food cans, 2-piece food cans and open top sanitary can.

By raw material, the market is segmented into Aluminium packaging, Steel packaging, Tinplate packaging, Glass and Plastic. On the basis of application, the metal cans market is segmented into food & beverage applications.

Beverage segment is growing at a highest rate in the canned food packaging market. Based on the beverages, the market is sub segmented into Alcoholic, CSD, Sports & Energy Drinks and based on the food type, the market is sub segmented into Fruits & Vegetables, Convenience Food, Pet Food, Meat & Seafood.

Fruits & vegetables is most widely used sub-application of canned food packaging market. On the basis of the Distribution Channel, the market is segmented into Supermarkets and hypermarkets, Independent retailers, Convenience stores and Specialist retailers.

Regionally, the global canned food packaging market is segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America followed by the Europe owing to high consumption of canned food and presence of a large number of food industries dominate the market at the global level.

Asia Pacific is growing at the fastest rate due to growing number of interested investors investing in the development of industries and increase in production and consumption capacity in these regions are expected to gain traction in the forecast period.

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Key players dominating the canned food packaging market are Crown Holdings, Inc., Ball Corporation, Silgan Holdings Inc., Del Monte Foods, Inc., Can-Pack S.A., Ardagh Group, Amcor Limited and Anchor Glass Container Corporation.

Market Segmentation                                                              

1)Type of can                                 

  • Introduction                           
  • 3-piece welded food cans                
  • 2-piece welded food cans                
  • Open top sanitary can                        
  • Y-o-Y Growth Analysis, By Type of can                       
  • Market Attractiveness Analysis, By Type of can                     
  • Market Share Analysis, By Type of can                       

2)Material                                       

  • Introduction                           
  • Aluminium packaging                         
  • Steel packaging                     
  • Tinplate packaging                               
  • Glass                          
  • Plastic                        
  • Y-o-Y Growth Analysis, By Material                              
  • Market Attractiveness Analysis, By Material                            
  • Market Share Analysis, By Material                              

3)Application                                 

  • Introduction                           
  • Beverages                               
  • Alcoholic               
  • CSD         
  • Sports & Energy Drinks   
  • Food                          
  • Fruits & Vegetables         
  • Convenience Food           
  • Pet Food              
  • Meat & Seafood
  • Y-o-Y Growth Analysis, By Application                         
  • Market Attractiveness Analysis, By Application                      
  • Market Share Analysis, By Application                       

4)Distribution Channel                                               

  • Introduction                           
  • Supermarkets and hypermarkets                 
  • Independent retailers                        
  • Convenience stores                            
  • Specialist retailers                
  • Others                      
  • Y-o-Y Growth Analysis, By Distribution Channel                      
  • Market Attractiveness Analysis, By Distribution Channel                   
  • Market Share Analysis, By Distribution Channel  

 

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Scope of the report:

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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