Aluminum Cans Market Expected to Increase at a CAGR 5.0% through 2019 to 2029Posted by FMI on March 18th, 2020 The global aluminum cans market is poised to increment at a healthy CAGR of 5% during the forecast period 2019-2029. Aluminum can manufacturing companies are working along with the top food and beverage manufacturers in order to maximize their annual turnover. Aluminum cans are evolving to become the most superior choice among all the packaging formats owing to the properties such as durability, recyclability, and reusability of the material. "Numerous regional and unorganized manufacturers are entering the aluminum cans market by adopting strategies such as joint ventures, collaborations, mergers and acquisitions with the purpose of competing with other global players on the regional pricing trends", says FMI analyst. Global Aluminum Cans Market Study - Key Takeaways
Global Aluminum Cans Market - Key Growth Drivers
Global Aluminum Cans Market - Key Restraints
Competitive Landscape Some of the major frontrunners in the global aluminum cans market are Ball Corporation, Crown Holdings Inc., Ardagh Group S.A. The market is expected to remain slightly consolidated. Key strategies adopted by all the market players are collaborations, merger & acquisitions, joint ventures, and partnership with top food and beverage manufacturers across the globe. More about the Report This Future Market Insights study of 300 pages provides all-inclusive insights on the global aluminum cans market. The market analysis is based on product (1-piece, 2-piece, and 3-piece), capacity (up to 200ml, 201-450ml, 451-700ml, and more than 1000ml), end-use industries (food, beverage, personal care & cosmetics, pharmaceutical, and paints & lubricants) and region (Latin America, North America, Europe, South Asia, East Asia, Oceania, and MEA). Press – Release Source - https://www.accesswire.com/580418/Demand-for-Aluminum-Cans-Continues-to-Move-on-an-Upward-Trajectory-2-Piece-Cans-Remain-Highly-Preferred About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact: Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative SOURCE: Future Market Insights Like it? Share it!More by this author |