The Europe Food and Beverage Metal Cans Market was at US$ xx million in 2021, and it is predicted that it will reach US$ xx million by 2026 with an annual expansion rate of xx% between 2021 and 2026.
Food and Beverage Metal Cans were primarily used for wine packaging but later spread to various industrial end uses such as chemicals, oils, and others. Food and Beverage Metal Cans are made of aluminum and steel and are used in packaging in a variety of industries. High availability and ease of use have contributed to the acceptance of metal cans in the packaging industry. These cansare commonly used for food and beverage distribution and storage. Canning is mainly applied in the packaging of alcoholic, sports and energy drinks, meat and seafood, prepared foods, carbonated soft drinks, fruits and vegetables, pet food, etc. Metal cans are usually made of aluminum or steel. Metal containers ensure performance traits like handling and protects from harsh environmental scenarios. Metal packaging is recyclable and there is no loss of quality during remelting. Food and beverage processing in metal packaging includes accepting, filling and dispensing cans and sealing in the packaging. The cans are sterilized or pasteurized by heating. Post-processing includes cooling, drying, and labeling of cans. Metal Cansare becoming more and more popular in the food and beverage industry.
Growing environmental concerns have led to increased interest in the use of Food and Beverage Metal Cans in Europe, which is likely to expand in the coming years.
Metal Cans have wide application in the food and beverage industry, and manufacturers are more focused on applying metal cans to prevent contamination and spoilage of food and beverage products. Additionally, the plastics ban offers favorable opportunities for the packaging industry. Also, innovations in Europe Food and Beverage Metal Cans in the manufacturing process, size and shape have taken the packaging industry to another level. In addition, better preservation and a good shelf life have increased the use of metal cans in the food and beverage industry. Along with food and beverage companies, several packaging companies are opting for metal cans to prevent food from spoiling. The use of environmentally friendly products and technological innovations have contributed to the remarkable growth of the market in recent years. The Europe Food and Beverage Metal Cans market has progressed in last few years due to the burgeoning packaging industry. The growing call for packaged foods around the world has generated significant stimulus around the region.
The Europe Food and Beverage Metal Cans market has grown rapidly due to technological advancements, innovative product patterns, expanding application markets, and increased food and beverage production in emerging markets. The rising need for canned food and beverages, driven by lifestyle changes and rising consumer disposable income, is one of the key factors driving the Europe Food and Beverage Metal Cans market. The local market is supposed to grow in the outlook period due to factors such as advancements in packaging technology combined with convenience factors related to canned food in terms of design and application. Additionally, the added nutrients combined with the low price and recyclable nature of metal cans are driving the growth of the Europe Food and Beverage Metal Cans market. On the other hand, the market is likely to show growth opportunities due to product innovation and high growth potential in emerging economies over the outlook period.
Growing environmental concerns among consumers due to aluminum, iron mining and other metals could slow market growth. The volatility of steel and aluminum prices is expected to hamper Europe Food and Beverage Metal Cans market growth. Besides, the increasing demand for non-metallic packaging materials, such as plastics and paper, is predicted to slow market growth in the coming years. High metal costs and alternative packaging options can hamper the growth of the Europe Food and Beverage Metal Cans market.
By material, the European market for food and beverage metal cans is segmented into steel and aluminum. The aluminum segment is estimated to dominate the market due to the profitability and recycling rate of aluminum.
By application, the Europe Food and Beverage Metal Cans market is segmented into food and beverages. It is estimated that beverage cans represent a higher proportion due to the high consumption of carbonated, non-carbonated, sports and energy drinks.
By metal can type, the regional market is mainly divided into 2-piece cans, 3-piece cans, etc.
Geographically the Europe Food and Beverage Metal Cans Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe was the second largest region and accounted for 30.4% of overall sales in 2019. Increased beer consumption, combined with the European Commission's initiatives on chemical and metal recycling, is supposed to drive growth of the regional industry during the foreseen period. Europe is anticipated to see the strongest growth in the Food and Beverage Metal Cans market due to increased consumer spending and strategic marketing from manufacturers. Additionally, increasing availability of canned food in retail stores is another factor that will increase demand in the region over the next few years. Spain and Italy are likely to lead the European metal can market in the coming years as manufacturing activity increases due to lower material and labor costs. Surge in R&D funding and progressions in technology are likely to propel the domestic manufacturing units in Europe food and beverage metal cans industry.
Key Players in the Market:
Major Key Players in the Europe Food and Beverage Metal Cans Market are
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