North America Aluminium Cans Market 2022: Share, Industry Outlook, Trends and Business Opportunities by 2027
According to IMARC Group’s latest report, titled “North America Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, 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 refer to single-use containers used across the food and beverages industry as a preferred packaging solution. They are extensively utilized for packing products like oils, chemicals, and other liquids. These cans are economical, durable, lightweight, recyclable, easy to handle, and help preserve the quality and flavor of the contents inside. They are also resistant to corrosion, do not rust, and can handle pressure without rupturing. Aluminium cans also play a crucial role in product branding and differentiation. Consequently, these cans are widely used in the food and beverage (F&B) and pharmaceutical industries across the North American region.
COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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North America Aluminium Cans Market Trends:
One of the primary factors driving the market is the widespread adoption of aluminium cans for the packaging of ready-to-eat (RTE) and canned food products like energy drinks, aerated drinks, and fruit juices. Aluminium cans provide 100% protection against light, moisture, oxygen, and other contaminants, thus providing a longer shelf life to the food products contained inside. Besides this, these cans are widely used for packaging pain-relieving sprays and several over-the-counter (OTC) products. Furthermore, the rising environmental consciousness has encouraged consumers to use aluminium cans as they can be recycled endlessly without loss of quality or strength. Moreover, various government initiatives to limit the usage of plastic, and rising concerns about the non-recyclability of plastics and the harm it causes to marine life, are also escalating the demand for aluminium cans across the region.
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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