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Canned Food Packaging Market Highlights
One of the most common methods for preserving foods today is to enclose them in a sterile container. ‘Cans’ refers to the specific container, which is made up of glass, plastic, or some other material as well as a metal. The basic principle behind canning is that a food is sterilized usually by heating and then placed within an air-tight container. This type of packaging can retard product deterioration, retain the beneficial effects of processing, extend shelf-life, and maintain or increase the quality and safety of food. In doing so, packaging provides protection from major classes of external influences, which are chemical, biological, and physical and plays an important role in the global food market. However, availability of alternative packaging solutions, high cost of metal cans, introduction, and high density of polyethylene terephthalate are major restraining factors of the global canned food packaging market
Canned food packaging is predicted to grow at a CAGR of 4.01% in retail volume during the forecast period due to increasing urbanization, rising disposable incomes, and growing demand for convenient products.
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Key Players
The key players of global canned food packaging market include
Amcor Ltd. (Australia)
Ardagh Group (Luxembourg)
CPMC Holdings Ltd. (China)
Crown Holdings (U.S.)
Grief Incorporated (U.S.)
Silgan Holdings Inc. (U.S.)
Rexam Plc. (U.K.)
Toyo Seikan Kaisha Ltd. (Japan)
Ball Corporation (U.S.)
Huber Packaging (Germany).
Market Research Analysis
The global Canned Food Packaging Market is dynamic and is expected to witness a high growth over the forecast period. The canned food packaging market is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are expected to propel the growth of global canned food packaging market. Geographically, the global canned food packaging market is significantly large in Europe and North America due to increasing per capita income and high consumer spending. Moreover, Asia Pacific is expected to be the fastest growing segment. Developing economies like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. The rising food market enables the global players to introduce new products, expand to new regions, and develop new technologies. The Asia Pacific with developing nations is the most attractive market because of its inclination towards improvement in the quality of food. From the last few years, the demand for canned food has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power.
Scope of the report
This study provides an overview of the global Canned Food Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Canned Food Packaging market by its material, type of food product and region.
By Material
Steel
Aluminum
Others
Type of Food Product
Readymade Meals
Meat
Sea Food
By Region
North America
Asia Pacific
Europe
Rest of the World
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continues…..
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
Continues……
About Market Research Future
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Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Phone: +1646 845 9312
Website: https://www.marketresearchfuture.com/reports/canned-food-packaging-market-5106
Release ID: 524054
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