The report titled “The US Metal Food Can Market: Size,Trends & Forecasts (2016-2020)” provides an in-depth analysis of the US
metal food can market with detailed description of market size and growth
pattern. The report also provides detailed segment analysis and end-users
analysis of the food can market. A brief description of the US metal can market
also presented with market size in terms of volume and market segmentation.
The report also assesses the key opportunities in the
market and outlines the factors that are and will be driving the growth of the
industry. The growth of overall US metal food can market has also been
forecasted for the year end 2016, taking into considerations the previous
growth patterns, the growth drivers and the current and future trends.
The US metal food can market is highly fragmented and is
dominated by major international as well as domestic players. Silgan holding
are the leading manufacturer of metal food cans in the US. A brief company
profiling of Silgan Holdings, Ball Corporation, Crown Holdings and Ardagh Group
has provided in the report. This section briefs about business overview,
financial summary and business policies & strategies of these major
companies.
Country Coverage
The US
Company Coverage
Silgan Holdings
Crown Holdings
Ball Corporation
Ardagh Group
Executive Summary
Metal food cans are one of the, safest,
environment-friendly and economical form of packaging. Metal food cans are used
in the packaging of dry as well as wet food items. Food items such as
vegetables, fruits, soups and pet food are packaged in metal food cans which
provide them a longer shelf life. Metal food cans have several advantages over
other packaging materials such as plastic or glass. Metal food cans are 100%
recycled without losing strength or quality. Aluminium, steel and tin are the
primary raw materials of metal food can industry. On the basis of structure,
there are two types of metal food cans: 2-piece cans and 3-piece cans.
The US metal food can market has shown fluctuations during
the span of five years, i.e. 2010-2015 and projections are made that the market
would rise in the next five years i.e. 2016-2020 but at a slow growth rate. The
upsurge in the market was primarily driven by changing life-style of the US
population.
The major growth drivers for the US metal food can market
are: growing urban population, rise in single-person households, rising
consumer spending on the pet food, growing demand for ready-to-eat food and
rising disposable income of the population. In spite of market is driven by
various growth factors, there are certain challenges faced by the market such
as competition pressure from other packaging substrates, contamination of food
from container materials, fluctuation in raw material prices and regulatory
compliance etc.
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