Marketsandmarkets: Global Food & Beverage Canned Market is set to Reach Market Size of $48 Billion by 2016 led by Alcoholic Drinks With 42% Share Within Beverage SegmentBy Marketsandmarkets, PRNE
Tuesday, June 7, 2011
DALLAS, June 8, 2011 -
The report "Global Food and Beverage Metal Cans Market by Raw Materials,
Sizes and Shapes, Applications, Price Trends and Forecast, 2011-2016" defines
and segments the global food and beverage metal cans market with analysis and
forecasting of the global revenues for metal cans. It also identifies driving
and restraining factors for the global metal cans market with analysis of
trends, opportunities, and challenges. The market is segmented and revenues
are forecasted on the basis of major geographies such as North America,
Europe, Asia-Pacific, and Rest of the World (ROW), and food, beverages,
sizes, raw materials, and shapes.
Browse more than 120 market data tables/figures spread through 279 pages
and in-depth TOC on "Global Food and Beverage Metal Cans Market by Raw
Materials, Sizes and Shapes, Applications, Price Trends and Forecast,
Early buyers will receive 10% customization on reports.
In recent times, metal cans have been steadily losing market share to PET
(Polyethylene Terephthalate) bottles and HDPE (High Density Polyethylene),
especially in food and beverages. Europe is the most dominant market for
biodegradable plastics while Asia-Pacific, owing to significant domestic
demand, is expected to be the fastest growing market in the next five years.
Fluctuating raw material prices and threat of substitution from plastics are
key challenges faced by the industry participants. Also, cost incompetency
compared to paper and plastic packaging; along with lack of microwave
capability is a critical road-block for metal cans.
The global market for food and beverage metal cans was estimated at
329,357 million cans in 2010 and is expected to reach 385,547 million cans in
2016, growing at a CAGR of 2.83% from 2011 to 2016. North America and Europe
are the leading consumers of food and beverage metal cans. However, both
these markets are saturated and expected to grow at meagre CAGR of 1.96% and
2.08% from 2011 to 2016, in terms of volumes respectively. Asia-Pacific,
which accounted for 24.0% of the market in 2010, is expected to be the
fastest growing market and estimated to grow at a CAGR of 4.35% from 2011 to
2016, in terms of volumes.
The food and beverage metal cans market (
dominated by beverages which accounted for 74.0% of the market in 2010. New
drinks such as energy and sports drinks, fruit and vegetable juices coupled
with innovative shapes such as the bottle-can and convenient sizes for the
consumer are critical factors for the growth in the beverage cans market.
Scope of the report
This research report categorizes the global market for food and beverage
metal cans on the basis of product types, raw materials, sizes, shapes and
geography; forecasting revenues and analyzing trends in each of the following
On the basis of product types:
Food types such as fruits and vegetables, beverage types such as
carbonated soft drinks, alcoholic beverages, and juices.
On the basis of can types:
Various sizes and shapes
On the basis of raw materials:
Aluminum and steel
On the basis of geography:
North America (U.S.), Europe (Germany, U.K. and France), Asia-Pacific
(China, and Japan) and ROW (Brazil)
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