Metal Cans Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The metal cans market is expected to register a CAGR of 4.9% over the next five years. The product is gaining prominence because of its distinct features, like transportation resistance, hermetically sealed cover, rough handling, and easy recyclability.
Key HighlightsThe metal cans market is moderately fragmented, owing to the presence of various global and local industry players. Vendors in this market participate based on product portfolio, differentiation, and pricing. Key players in the market are SKS Bottle & Packaging, Inc., Silgan Containers LLC, Ball Corporation, etc.
In March 2022, the German tinplate manufacturer ThyssenKrupp Rasselstein had the world’s first food can made of CO2-reduced blue mint Steel, in collaboration with the Swiss companies Hoffmann Neopac and Ricola, the latter of which will sell its herbal drops in the cans.
In January 2022, Ardagh Metal Packaging Europe launched HIGHEND, a new addition to its customization range, which offers customers brand-enhancing creative opportunities. The technology allows high-quality decoration in CMYK colors on the entire shell surface, meaning brands can highlight, customize and differentiate their cans with maximum visual impact.
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