Metal Cans Market for Foods to Exhibit 2.40% Cagr Between 2013 and 2019

Transparency Market
Metal Cans Market for Foods ,Beverages - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019
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72 Page Report

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Flourishing Food Industry in Asia Pacific to Shape Growth of
Global Metal Cans Market, says TMR

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Global Metal Cans Industry


The global metal cans market is characterized by the presence of a large number of international and local
players, which accounts for a fragmented nature of this industry, says a new research report by
Transparency Market Research (TMR). The companies do not operate at the global level and have a
moderate degree of competition. Some of the key players in the global metal cans market are Amcor Ltd.,
Ardagh Packaging Group Plc, Ball Corp., and BWAY Corp.
“Technological innovation for product development is one of the key growth models that top players in this
market are adoption,” says the lead author of the study. Due to the fragmented nature of the market, large
companies are focused on product innovation to break in. An excellent example is Amcor Ltd., the
company invested heavily in upgrading existing equipment and installing new equipment in its Rocklea
manufacturing plant. Following this move, the company produced Ezi Drink Can, which resulted in
considerable metal savings due to a reduction in end diameter and gauge than its predecessor cans.
Expansion through market penetration is also on the growth charts of top players in this market.
Companies in this market are planning for new manufacturing facilities that have advantages pertaining to
logistics, business tax, and availability of skilled labor.
Acquisitions and business alliances are also what top players are...