The 3 Piece Metal Cans Market size is estimated at USD 31.95 billion in 2024, and is expected to reach USD 42.39 billion by 2029, growing at a CAGR of 5.82% during the forecast period (2024-2029).
The report covers the major players operating in the 3 piece metal can market. In terms of market share, the companies compete heavily with no major share as small and medium-sized players majorly occupy the market. Hence, the market is highly competitive and fragmented.
Major regional players have been observed to venture into new regions, allowing the companies to improve their geographic reach. New competitors are entering the three-piece metal can market with customized and industry-specific services.
Some major players include Crown, Ardagh Group S.A, CPMC Holdings Limited, Can-One Berhad and CanPack. The three-piece metal can market players have been showing a willingness to partner with other players to reduce cost and leverage on mutual competitive advantage. Additionally, technology adoption has also helped reduce operational costs and improve efficiency.
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