The Global Metal Cans, Barrels Drums, And Pails Market Size are expected to reach USD 30.3 billion by 2028 from USD 23.6 billion in 2021 at a CAGR of 3.1% during the forecast period (2021-2028). The growth of this market has been driven by factors such as the growing demand for canned beverages, the increasing number of breweries globally, and shifting preference towards aluminum cans among beer producers due to their ability to keep light out which helps maintain the quality of drink inside.
Metal Cans Barrels Drums and Pails is a type of container made from metal. They are mainly used for storing food, beverages, as well as other liquids or solids. Metal cans barrels drums and pails have been in use since the 19th century when they were first invented by American inventor John Houghton who used tin to make them metal containers with screw top lids that sealed on contact). Today there are more than 200 different types of metal cans available on the market including those made using aluminum which has replaced steel because it's lighter, cheaper, and can be recycled easily. The main disadvantage associated with this material is its susceptibility to corrosion due to atmospheric elements such as oxygen or water vapor (which can cause the metal to rust) or other means of corrosion such as acid, alkali (which can dissolve in).
On the basis of Types, the market is segmented into Metal Cans, Aluminium Cans, and Steel Cans.
Metal cans are metal containers used for the storage and transport of various liquids. Metal cans have a cylindrical shape with two pieces: an upper cover made from paperboard or aluminum, and a lower can body which is usually made from tinplate steel. They come in sizes ranging between 12 ounces to 64 ounces (355 milliliters to five liters). Can offer some benefits over glass bottles; they don't break as easily and create less waste than glass bottles do when recycled into new material.
Metal barrels are used to store and transport dry or liquid products. Metal barrels come in a variety of shapes, namely sloped-side cylindrical metal drums (lidded) and conical-shaped pails.
Metal drums are cylindrical metal containers with a circular top. They come in various pitches, widths, and heights which vary depending on the usage they are put to. Metal Pails also called buckets, have identical shapes but their larger size makes them suitable for heavy-duty tasks such as transporting bulk materials or cleaning up messy spills.
On the basis of Application, the market is segmented into Beverages, Food, Aerosols, and General Line.
Metal Cans Barrels Drums and Pails can be used for the packaging of beverages. Beverages are in demand worldwide. This could lead to a rise in Metal Cans Barrels Drums and Pails market if it is adopted as an innovative beverage package due to its sustainable nature.
Metal drum containers are used for storing food products that need protection against oxygen such as oil, sugar, coffee beans, etc., hence they help in retaining freshness by preventing oxidation or deterioration. In addition to this, this type of packaging also prevents spillage when loading and unloading, unlike plastic bags which can cause leakage from cracks over time. Metal drums offer storage solutions with greater flexibility due to their modular design- it has interchangeable components that allow them to be configured into different shapes depending on the requirements needed. All these factors drive demand for metal drums within the food industry, especially among those manufacturers who want to improve the shelf life of their products.
Aerosols are typically packaged in steel cans and aluminum barrels or drums because they require features such as degassing valves, self-sealing lids, etc., which can only be found in this type of packaging material. This is pushing up global demand for metal containers and influencing growth rates for the plastic container market as well since higher cost of production drives companies away from using plastics all together (as evident through various manufacturing policy changes).
The use of metal cans in general line is on the rise and this trend will likely continue for at least a decade. Reasons are as follows:
Firstly, because they're more environmentally friendly than plastic containers that may take hundreds or thousands of years to decompose; secondly, their recyclability rates are much higher so many companies can actually give back to the environment by recycling them (in contrast with plastics).
Secondly, demand is also driven by increasing health consciousness among consumers who want products packaged in eco-friendly materials. This has led to manufacturers making changes accordingly such as switching from plastic packaging material to aluminum barrels and drums which have lower carbon footprints since producers don't need power sources like coal plants to produce energy.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North American region is the leading market for metal cans barrels drums and pails owing to increased demand from the food industry in this area of the world as well as technological advancement in the packaging sector.
The major factors driving this growth are increasing demand for convenience foods around the world, which has led to increased use of beverage packaging made out of an aluminum can; advancements in technology that have led to lower production costs with greater product functionality; Increasing demand for beer worldwide owing to its effects on human health including cardiovascular benefits, bone density maintenance, etc.; growing adoption among small brewers as they find it difficult opening traditional breweries due to high initial investment and expensive plant equipment such as fermenting tanks, etc.
Up Market Research published a new report titled “Metal Cans Barrels Drums and Pails Market research report which is segmented by Types (Metal Cans (Aluminum Cans, Steel Cans), Metal Barrels, Metal Drums & Pails), By Applications (Beverages, Food, Aerosols, General Line), By Players/Companies Anheuser-Busch Companies, Inc. (USA), ArcelorMittal S.A. (Luxembourg), Ardagh Group S.A. (Luxembourg), Ball Corporation (USA), BWAY Corporation (USA), Can-Pack S. A. (Poland), CCL Industries, Inc. (Canada), Cleveland Steel Container Corporation (USA), CPMC Holdings Limited (China), Crown Holdings, Inc. (USA), Daiwa Can Company (Japan), HUBER Packaging Group GmbH (Germany), Industrial Container Services, LLC (USA), Great Western Containers Inc. (Canada), Pacific Can (China), SCHTZ GmbH & Co. KGaA (Germany), Silgan Holdings Inc. (USA), Skolnik Industries, Inc. (USA), Tata Steel Group (India), ThyssenKrupp Rasselstein GmbH (Germany), Toyo Seikan Group Holdings Ltd. (Japan), U. S. Steel Kosice, s.r.o. (Slovakia), Universal Can Corporation (Japan)”.
|Report Attributes||Report Details|
|Report Title||Metal Cans Barrels Drums and Pails Market Research Report|
|By Type||Metal Cans (Aluminum Cans, Steel Cans), Metal Barrels, Metal Drums & Pails|
|By Application||Beverages, Food, Aerosols, General Line|
|By Companies||Anheuser-Busch Companies, Inc. (USA), ArcelorMittal S.A. (Luxembourg), Ardagh Group S.A. (Luxembourg), Ball Corporation (USA), BWAY Corporation (USA), Can-Pack S. A. (Poland), CCL Industries, Inc. (Canada), Cleveland Steel Container Corporation (USA), CPMC Holdings Limited (China), Crown Holdings, Inc. (USA), Daiwa Can Company (Japan), HUBER Packaging Group GmbH (Germany), Industrial Container Services, LLC (USA), Great Western Containers Inc. (Canada), Pacific Can (China), SCHTZ GmbH & Co. KGaA (Germany), Silgan Holdings Inc. (USA), Skolnik Industries, Inc. (USA), Tata Steel Group (India), ThyssenKrupp Rasselstein GmbH (Germany), Toyo Seikan Group Holdings Ltd. (Japan), U. S. Steel Kosice, s.r.o. (Slovakia), Universal Can Corporation (Japan)|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||221|
|Number of Tables & Figures||155|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Metal Cans (Aluminum Cans, Steel Cans), Metal Barrels, Metal Drums & Pails and By Application Beverages, Food, Aerosols, General Line.
Some of the companies that are profiled in this report are:
Metal Cans Barrels Drums and Pails Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Metal Cans Barrels Drums and Pails Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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