North America Aluminium Cans Market Trends and Forecast to 2027
According to IMARC Group’s latest report, titled “North America Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the North America aluminium cans market share.
The North America aluminium cans market size reached US$ 151.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 188.4 Billion by 2027, exhibiting a growth rate (CAGR) of 4.18% during 2022-2027. Aluminium cans, or tin cans, refer to sustainable single-use packaging containers that are used to pack various solid and liquid products. As compared to conventional plastic wrappers or covers, aluminium cans are long-lasting, recyclable, lightweight, easy to handle, and offer superior durability at an affordable price. Apart from this, aluminium cans are non-toxic, processable, resistant to corrosion, easy to ship, and they provide unparalleled safety from oxygen, light, and moisture. Consequently, aluminium cans are extensively utilized across the food and beverage (F&B) and healthcare industries to pack various products and extend their shelf-life and quality by mitigating contaminants.
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North America Aluminium Cans Market Trends:
The North America aluminium cans market is majorly driven by the considerable expansion in the F&B industry. Furthermore, the increasing consumption of varying ready-to-drink (RTD) or carbonated beverages and the growing popularity of processed ready-to-eat (RTE) food products are supplementing the demand for aluminium cans to improve packing efficiency. Moreover, the shifting manufacturers inclination toward zero-chemical coatings over bisphenol-A (BPA) for alumunium cans to avoid various health-related issues is favoring the market growth. Additionally, the growing consumer awareness and environmental concerns are encouraging governments to promote the adoption of aluminium cans to limit plastic usage is propelling the market growth. Besides this, the product availability in different sizes and strategic collaborations amongst key players to launch aluminium cans in innovative designs to create brand identity are supporting the market growth.
North America Aluminium Cans Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the north america aluminium cans market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the north america aluminium cans market on the basis of breakup by application and region.
Breakup by Application
Beverages
Food
Others
Breakup by Region
United States
Canada
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Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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