The Europe Metal Food Can Market has been a key segment within the packaging industry, catering to the needs of various food and beverage sectors. Metal cans are widely used for packaging food items due to their durability, ability to preserve freshness, and recyclability. The market encompasses different types of metal cans, including steel and aluminum, and serves a diverse range of products such as fruits, vegetables, soups, meat, and pet food.
The Europe Metal Food Can Market stands as a cornerstone in the packaging sector, providing a reliable and durable solution for preserving and packaging a wide array of food products. Metal food cans, typically made of steel or aluminum, are known for their strength, hermetic sealing, and ability to protect contents from external elements.
In 2023, the market for Metal Food Cans in Europe is anticipated to register a valuation of US$ 7,591.7 million, showcasing a year-on-year growth of 4.5% from the end of 2022. Projections suggest robust growth, with sales expected to reach US$ 13,152.1 million by the conclusion of 2033.
Notably, the 2-piece cans segment, categorized by product type, is forecasted to hold a substantial share, approximately 57.5% in terms of value, by the end of the forecast period. The sales trajectory is poised for a steady increase, reflecting a compound annual growth rate (CAGR) of 5.2% throughout the forecast period.
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Market Drivers
- Consumer Preference for Secure Packaging: The reliability of metal cans in maintaining product integrity aligns with consumer preferences for secure packaging. Metal cans offer a protective barrier against external elements, reducing the risk of leaks, contamination, and spoilage. This aspect becomes particularly crucial for consumers engaged in outdoor activities.
- Preservation and Durability: Metal food cans are valued for their inherent ability to preserve the freshness and quality of food products. The durability of metal cans ensures that contents remain protected throughout the supply chain, contributing to an extended shelf life and reducing food waste.
- Convenience in Storage and Transportation: The robust nature of metal food cans eliminates the need for additional packaging, making them convenient for both storage and transportation. Their ability to withstand handling and resist damage during transit makes them a practical choice for manufacturers, distributors, and consumers.
- Environmental Sustainability: Metal food cans are recyclable and contribute to sustainability efforts in the packaging industry. As environmental awareness grows, consumers and manufacturers increasingly favor packaging solutions with lower environmental impact, boosting the demand for metal cans.
- Aesthetic Appeal and Modern Packaging Trends: The visually appealing nature of metal cans, coupled with their constant attraction, aligns with modern packaging trends. Consumers are drawn to packaging that not only ensures product safety but also provides an aesthetically pleasing and contemporary presentation.
Industry Key Factors
In Europe, consumers are increasingly exploring alternative packaging options such as pouches and bags. However, these alternatives often fall short in providing the same level of protection against oxidation, light, and bacterial contamination as their food can counterparts, contributing to the sustained demand for metal cans.
Food cans are poised to become versatile solutions for both storage and transportation, capitalizing on their inherent durability and the absence of the need for additional packaging. Their unique ability to maintain product integrity throughout storage and transit, minimizing the risk of leaks or damage, positions them as a preferred choice over fragile jars or containers. This inherent strength is anticipated to fuel demand, particularly among individuals engaged in outdoor activities.
The allure of aesthetically pleasing packaging remains a significant driver for consumer preferences, and metal cans and containers excel in this aspect. Characterized by appealing looks and constant attraction, metal containers are poised to meet the preferences of modern consumers seeking packaging solutions that combine visual appeal with functionality.
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Key Market Players
- Amcor Plc
- Toyo Seikan Co. Ltd
- Sonoco Products Company
- Silgan Holdings Inc.
- Trivium Packaging
- The Massilly Group
- Colep Packaging
- Envases Group
- Canpack
- Nussbaum Matzingen Ag
- Hoffmann Neopac Ag
- Envases Metalicos Eurobox Sl.
- ASA Group
Market Segmentation
By Capacity:
- Less than 200gm
- 200 to 500gm
- 500 to 1000gm
- Above 1000gm
By Material:
- Aluminum
- Steel
- Stainless Steel
- Carbon Steel/Mild Steel
- Tinplate
By Product Type:
- 2 Piece Cans
- 3 Piece Cans
By End Use:
- Fruits & Vegetables
- Tomatoes
- Fish
- Dairy
- Pet Food
- Infant Formula
- Others (Ready to Eat, Sauces)
By Country:
- Deutschland, Austria, Confoederatio Helvetica (DACH)
- Central and Eastern Europe (CEE)
- Southern Europe
- France
- Rest of Europe
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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