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Metal Cans, Barrels, Drums and Pails - Global Market Trajectory & Analytics

  • ID: 338742
  • Report
  • April 2021
  • Region: Global
  • 302 Pages
  • Global Industry Analysts, Inc
Global Metal Cans, Barrels, Drums and Pails Market to Reach $89.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Metal Cans, Barrels, Drums and Pails estimated at US$69.8 Billion in the year 2020, is projected to reach a revised size of US$89.2 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Aluminum Metal Cans, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$50.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Steel Metal Cans segment is readjusted to a revised 3.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $19 Billion, While China is Forecast to Grow at 5.6% CAGR

The Metal Cans, Barrels, Drums and Pails market in the U.S. is estimated at US$19 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.5 Billion by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Metal Drums & Pails Segment to Record 2.5% CAGR

In the global Metal Drums & Pails segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.2 Billion in the year 2020 will reach a projected size of US$4.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.6 Billion by the year 2027, while Latin America will expand at a 3.3% CAGR through the analysis period.

Select Competitors (Total 158 Featured):
  • Anheuser-Busch Companies Inc.
  • ArcelorMittal S.A.
  • Ardagh Group S.A.
  • Ball Corporation
  • BWAY Corporation
  • Can-Pack S. A.
  • CCL Industries Inc.
  • Cleveland Steel Container Corporation
  • CPMC Holdings Limited
  • Crown Holdings Inc.
  • Daiwa Can Company
  • Great Western Containers Inc.
  • HUBER Packaging Group GmbH
  • Pacific Can China Holdings Ltd.
  • SCHÜTZ GmbH & Co. KGaA
  • Silgan Holdings Inc.
  • Skolnik Industries Inc.
  • Tata Steel Group
  • ThyssenKrupp Rasselstein GmbH
  • Toyo Seikan Group Holdings Ltd.
  • U. S. Steel Košice s.r.o.
  • Universal Can Corporation
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Metal Cans: A Convenient, Cost-Friendly, Eco-Friendly, and Safe Packaging Option
  • Recent Market Activity
  • Metal Cans: Complete Recyclability Provides the Critical Advantage
  • Growing Preference for Convenient, Affordable, Safe, and Healthy Food: Foundation for Market Growth
  • Key Safe and Convenient Attributes of Canned Foods & Beverages
  • Rising Preference for 'At Home' Food Consumption
  • Canned Foods and Beverages: Low Priced and Convenient
  • Convenience Muscles Growth in Metal Food Packaging
  • Preserving Flavor: A Vital Functionality Promoting Demand for and Production of Beverage Cans
  • Market Fortunes Intrinsically Tied to the Metal Packaging Industry
  • Despite Competition from Plastics, Metal Beverage Packaging Continue to Grow Steadily
  • Metal Packaging's Superiority over Other Packaging Materials
  • Global Market Outlook
  • Developed Markets: Traditional Revenue Contributors
  • Developing Countries: Spearheading Growth
  • Competition: Ball, Crown, and Ardagh Dominate Metal Can Manufacturing Worldwide
  • Beverage Cans: Competitive Landscape
  • Food Cans: Competitive Landscape
  • Intense Competition and New Markets Drive M&A Activity
  • Rising Raw Material Costs Hamper Profitability
  • Sustainability Factor Assumes Prominence
  • Emerging Markets: The New Manufacturing Hub for Aluminum Can Stock Production
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Anheuser-Busch Companies, Inc. (USA)
  • ArcelorMittal S.A. (Luxembourg)
  • Ardagh Group S.A. (Luxembourg)
  • Ball Corporation (USA)
  • BWAY Corporation (USA)
  • Can-Pack S. A. (Poland)
  • CCL Industries, Inc. (Canada)
  • Cleveland Steel Container Corporation (USA)
  • CPMC Holdings Limited (China)
  • Crown Holdings, Inc. (USA)
  • Daiwa Can Company (Japan)
  • HUBER Packaging Group GmbH (Germany)
  • Industrial Container Services, LLC (USA)
  • Great Western Containers Inc. (Canada)
  • Pacific Can (China)
  • SCHÜTZ GmbH & Co. KGaA (Germany)
  • Silgan Holdings Inc. (USA)
  • Skolnik Industries, Inc. (USA)
  • Tata Steel Group (India)
  • ThyssenKrupp Rasselstein GmbH (Germany)
  • Toyo Seikan Group Holdings Ltd. (Japan)
  • U. S. Steel Košice, s.r.o. (Slovakia)
  • Universal Can Corporation (Japan)
3. MARKET TRENDS & DRIVERS
  • Increasing Consumption of Various Beverages Worldwide Drive Healthy Growth for Metal Cans
  • Alcoholic Spirits and Wines: A Challenging,Yet Lucrative Market for Metal Cans
  • Increasing Beer Production Spells Opportunities for Metal Cans
  • Aluminum Cans: Replacing Glass in Beer and Soft Drink Segments
  • Demand for Aluminum Beverage Cans Gain Momentum
  • Metal Cans as the Preferred Packaging Format for Food Packaging Benefit Market Expansion
  • BPA in Food Cans Cleared by the FDA: A Game Changer for Metal Cans
  • Reduce, Recycle, and Re-use Attributes Drive Demand for Metal Cans in Industrial Packaging
  • Aluminum Aerosol Cans and Canisters: Strong End-use Demand Spurs Growth
  • Beauty and Cosmetics: The Dominant End-User Segment for Aerosol Cans
  • Growing Environmental Consciousness Promote Demand for Steel Cans
  • Demand for Steel Aerosol Containers Gain Momentum
  • Packaging Steel Recycling: Environmental Benefits
  • Steel: A Sustainable Packaging Metal for Food Items
  • Research Backs Benefits of Steel Cans in Food Packaging
  • Rising Popularity of Retail Ready Packaging (RRP) Bodes Well for Steel Cans
  • Favorable Demographic & Economic Trends Strengthen Market Prospects
  • Rapid Urbanization Worldwide
  • Burgeoning Middle Class Population
  • Key Challenges Hampering Growth Prospects for Metal Cans
  • Plastic Containers Give Stiff Competition
  • Bio-Plastics to Bite into the Share of Metal Cans
  • 90% Recycled Aluminum Suffers Slow Uptake
  • Standardized Container Shapes:A Key Limiting Factor
  • User and Content Safety Issues Continue to Haunt Metal Cans
  • Flexible Packaging to Displace Rigid Packaging
  • Growing Role of Paper in Flexible Packaging
  • Lightweight, Durable and Flexible Super-Steel
  • Re-sealable Metal Cans
  • Light-weight Aluminum Aerosols Cans
  • Runway & Jazz Aerosol Cans
  • Transfer Cap
  • Novel Aerosol Cans from Crown and Ball
  • Innovative Food Can Doused with Nitrogen
  • Other Noteworthy Metal Can Innovations and Advancements
  • Technology Developments in the Recent Past
  • Coated Steel Packaging Materials
  • New Aerosol Technology
  • Contoured Cans and Active Packaging
  • Automatic Self-cooling and Self-heating Beverage and Food Cans
  • Push Plus End Tabs For Beverage Cans
  • Can-O-Mat and End-O-Mat Systems
  • Hygienic Beverage Can Concept
  • New Bottle Cans from Daiwa Cans
  • Necked-In Cans: A Revolutionary Concept
  • Silver Arrow’s Distinct Look Innovative Cans
  • Prototype IC Can, a Self-Chilling Aluminum
  • Self-Heating/Chilling Cans
  • Appealing Beverage Cans
  • New Form of Paint Can Lids
  • EZO Lids for Cans
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 158
Note: Product cover images may vary from those shown
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