European Metal Cans Market (2021-2026): Rising Demand for BPA-Free Cans – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Europe Metal Cans Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” has been added to from ResearchAndMarkets.com offer.

Europe Metal Cans Market was valued at USD 17.31 Billion in 2020 and is projected to reach USD 19.95 Billion by 2026 and is projected to register a CAGR of 2.33% from 2021 to 2026.

Members of Metal Packaging Europe support the strong actions taken by national governments and the European Commission to help stop the spread of the COVID-19 pandemic.

They are committed to guaranteeing the supply of metal packaging, respecting the strictest safety and hygiene rules for food and drink, hygiene, medical and other essential goods throughout Europe.

Highlights

  • BPA-free coatings in the packaging format of metal cans ultimately increase the demand for BPA-free metal cans. The product is gaining prominence due to its distinct features, such as transportation resistance, hermetically sealed lid, rough handling, and ease of recycling.

  • The recyclable properties of metal cans are driving the market, as manufacturing products from recycled metals uses less energy, reduces carbon emissions, and uses less water than raw materials. Some metals, especially aluminum, are so cost-effective to recycle that companies pay individuals and businesses for their used metal. According to Waste Care Corporation, recycled aluminum cans alone generate approximately $800 million per year. In Europe, companies are contributing more to the sustainability of aluminum recycling.

  • Additionally, growing consumer awareness regarding the use of non-carcinogenic materials in packaging and increased demand for lightweight packaging are generating high growth prospects for metal cans. As canned foods have a shelf life of up to 5 years longer compared to fresh foods. Foods that most often go into a box can include fruits, vegetables, soups, and meats.

  • However, the presence of alternative packaging solutions is preventing the market from growing, as the possibility of replacing polymer-based packaging materials, including polyethylene and polyethylene terephthalate (PET), is facing a challenge in the use of metal boxes.

Main market trends

Tin cans will experience significant growth

  • The UK is experiencing a high demand for packaged foods due to rising incomes, ease and convenience, and availability of canned foods. Additionally, consumer trends, such as a preference for small and multi-pack packaging formats, are supporting the volume growth of metal cans in the UK food sector.

  • Additionally, consumers are demanding tin cans due to their low environmental impact with the growing environmental concerns. The high recyclability of metal cans is one of the important drivers of the market studied.

  • For example, Royal Canin Veterinary Health Gastrointestinal Wet Dog Food claims it is a combination of highly digestible protein, prebiotics, fiber and fish oil that provide digestive safety and support dog health. .

  • Additionally, during the COVID-19 crisis, the country has seen an increased demand for online pet food retailers and subscription services to provide pet food during the lockdown. For example, PetShop.co.uk saw a 300% increase in sales.

  • Rising consumer demand for convenient and healthier foods due to busy lifestyles, especially among the working class, product innovation and increasing number of fast food restaurants is expected to stimulate the canned soup market in the United States. Kingdom.

  • Additionally, an increasing number of consumers are looking for vegan or plant-based products, and the growth of the online retail sector is expected to create lucrative opportunities for market players.

  • Some of the major players in the market offer a variety of soups such as Tesco Finest Pea and Wilshire Cured Ham Soup, Heinz Tomato Soup, Progresso Chicken Soup, Newgate Vegetable Soups, Creamy Cashew Soup Pacific Foods Organic and Ginger, Sprague Organic Tuscan-Style Minestrone, and more.

Liquor cans are expected to occupy a significant market share

  • Alcohol consumption in the European region is the highest in the world, where wine is the popular form of alcoholic beverage consumed in Europe. While glass and plastic packaging have been widely used for many years, metal is becoming more widespread in areas outside of its traditional market. Craft beers are prime examples where many brewers are aware that metal cans do not alter the flavor of the beer.

  • The aluminum beverage can is one of the most popular beverage containers in the world. Europeans use up to 50 billion cans every year, drinking mineral water, soft drinks and alcohol/beer, and continuous improvements in aluminum production and can manufacturing processes in the European region.

Companies cited

  • ball company

  • Ardagh Group

  • Crown Holdings, Inc.

  • Silgan Holdings Inc.

  • CAN-PACK S.A.

  • Massilly Holding SAS

  • Tecnocap Group

  • Tata Europe Ltd

For more information about this report visit https://www.researchandmarkets.com/r/uctwtm

Mary I. Bruner