Global beverage metal cans market estimated to grow at a CAGR of 3.6% by 2021
According to a recently published market research report by Market
Data Forecast, the global food and beverage metal cans market was valued
at USD 50.96 billion in 2016 and is expected to garner USD 60.82 billion by
2021, registering a CAGR of 3.6% during 2016 to 2021. Aluminium cans are
dominating the market holding nearly 70% of share.
The growth is driven mostly by increasing demand for processed
and canned food and beverages and visual appeal of canned food.
This market is categorized into regions of North America,
Asia Pacific, Europe, Latin America and Middle East and Africa. Asia Pacific is
leading food and beverage metal cans market with highest share.
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Some of the manufacturers dominating this market include
Crown Holdings, Ball Corporation, Silgan Holdings, Ardagh Group, CAN-PACK S.A.,
Kian Joo Group, CPMC Holdings, Kingcan Holdings Limited, Tetra Laval
International S.A., HUBER Packaging Group and several others.
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