IMARC Group, a leading market research company, has recently released a report titled “Asia Pacific Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Asia Pacific aluminium cans market growth share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Asia Pacific Aluminium Cans Market?

Report Attributes   

Details

Market Size in 2022

US$ 10.8 Billion

Market Forecast in 2028

US$ 14.9 Billion

Growth rate (2023 to 2028)

CAGR of 5.7%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What are Aluminium Cans?

Aluminium cans refer to lightweight and durable single-use containers or packaging solutions. They feature a spray coating made of epoxy lacquer or polymer, which acts as a protective layer against acidic substances and prevents corrosion of the metal. Aluminium cans are extensively utilized to maintain the flavor and prolong the shelf life of packaged products. Notably, they exhibit exceptional resistance to corrosion and effectively safeguard the contents from moisture, oxygen, oils, fats, microorganisms, ultraviolet (UV) rays, and other contaminants. Aluminium cans are favored for packaging soda, soup, cheese, baked beans, and beer as they serve as a means for product branding and differentiation. Consequently, these cans find widespread applications in the food and beverage (F&B), pharmaceutical, and other sectors across the Asia Pacific region.

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What are the Growth Prospects and Trends in the Asia Pacific Aluminium Cans Industry?

The Asia Pacific aluminium cans market is primarily driven by the elevating sales of packaged foods and beverages, owing to the rapid urbanization, the hectic schedule led by the working professionals, the shifting dietary preferences, and the inflating per capita income levels of individuals. Additionally, the rising demand for the product from the pharmaceuticals segment for packaging pain-relieving sprays and over the counter (OTC) products is acting as another significant growth-inducing factor. Apart from this, the increasing environmental concerns among the masses, which have impelled the requirement for sustainable packaging containers for substituting plastic containers, and the launch of various policies by government bodies that encourage the adoption of recyclable packaging across multiple industries are also positively influencing the regional market. Moreover, the growing focus of several leading market players on replacing bisphenol A (BPA) liners with a new epoxy called valPure V70 during the production of these cans since the utilization of BPA liners has often been associated with triggering numerous health conditions is expected to catalyze the Asia Pacific aluminium cans market in the coming years.

What is Included in Market Segmentation?

The report has categorized the market based on application and Country.

Breakup by Application:

  • Beverages
  • Food
  • Others

Breakup by Country:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Who are the Key Players Operating in the Asia Pacific Aluminium Cans Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Highlights of the Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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