Global Canned Food Packaging Market to expand at a 4.8% value CAGR by 2032

The global canned food packaging market is anticipated to reach a value pool of US$ 27,887.9 Million in 2022, rising at a CAGR of 4.8% to attain a valuation of US$ 44,568.5 Million between 2022 and 2032. Technological advancement and rising demand for packaged food and beverages are driving growth. The canned food packaging market grew at a CAGR of 3.3% between 2016 and 2021.

Global Canned Food Packaging: Market Dynamics 

The market for the canned food packaging is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. Due to growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat, all are the factors that are expected to propel the growth of global canned food packaging market.  

Request Sample Report @  https://www.futuremarketinsights.com/reports/sample/rep-gb-4104

Increasing urbanization, rising household income and growing demand for the milk-based products such as cheese, and ice-cream are expected to increase the demand of canned food packaging during the forecast period.  

Moreover, the macroeconomic factors favoring the global canned food packaging market consist of changing lifestyle, growth in the disposable income, decreasing prices of the packaged or canned food items making them affordable for the use, and also easy availability of canned food with various taste preferences and choices are projected to gain traction in the forecast period 2027-2027.  

Global Canned Food Packaging: Segment Overview 

By the type of food, the canned food packaging market is expected to be driven by the canned fish and meat segment due to increasing consumption of fish and meat products in recent years. The canned ready meals are also gaining traction due to urbanizations, changing taste preferences of the customers, and popularity in the working women.  

By the raw materials used for the cans, the aluminum metal gains traction due to a provision of safety and protection from the external factors such as heat, pollution. Based on different types of cans, there are three types of cans used for the food packaging. The 3-piece, 2-piece cans and open top sanitary cans.  

Based on the preservation techniques used to preserve the food in the cans, the global canned food packaging market is segmented into pressurized and vacuum cans to increase the shelf life of the food and to maintain its color and taste.  

Ask an Analyst @  https://www.futuremarketinsights.com/askus/rep-gb-4104

Global Canned Food Packaging: Regional Overview 

Regionally, the global canned food packaging market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and the Middle East and Africa. North America and Europe owing to high consumption of canned food and presence of a large number of food industries dominate the market at the global level.  

Asia Pacific due to growing number of interested investors investing in the development of industries and increase in production and consumption capacity in these regions are expected to gain traction in the forecast period.  

Global Canned Food Packaging: Market Players 

The prominent players in the canned food packaging market are Ball Corporation, Del Monte Foods, Inc., Crown Holdings, Amcor Limited, Anchor Glass Container Corporation, and Siligan containers.  

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.  

Key Segments Profiled in the Canned Food Packaging Industry Survey

Canned Food Packaging Market by Type of Food:

• Canned Fish and Seafood
• Canned Vegetables
• Canned Meat Products
• Canned Fruits
• Canned Ready Meals
• Milk and Sauces
• Beans and Legumes
• Other Canned Food Products

Canned Food Packaging Market by Distribution Channel:

• Canned Food Packaging for Supermarkets and Hypermarkets
• Canned Food Packaging for Independent Retailers
• Canned Food Packaging for Convenience Stores
• Canned Food Packaging for Specialist Retailers
• Canned Food Packaging for Other Distribution Channels

Canned Food Packaging Market by Raw Material:

• Aluminium Canned Food Packaging
• Steel Canned Food Packaging
• Tinplate Canned Food Packaging
• Glass Canned Food Packaging
• Plastic Canned Food Packaging

Canned Food Packaging Market by Types of Can:

• 3-piece Welded Food Packaging Cans
• 2-piece Food Packaging Cans
• D&I Food Packaging Cans
• DRD Food Packaging Cans
• Drawn Wall-Ironed Food Packaging Cans
• Single Drawn Food Packaging Cans
• Open Top Sanitary Food Packaging Cans

Canned Food Packaging Market by Preservation Technique:

• Pressurized Food Packaging Cans
• Vacuum Food Packaging Cans

Canned Food Packaging Market by Region:

• North America Canned Food Packaging Market
• Latin America Canned Food Packaging Market
• Europe Canned Food Packaging Market
• Asia Pacific Canned Food Packaging Market
• Middle East & Africa Canned Food Packaging Market

Report Customization available @  https://www.futuremarketinsights.com/customization-available/rep-gb-4104

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com