Flourishing Food Industry in Asia Pacific to Shape Growth of Global Metal Cans Market, Says Tmr

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Transparency Market

Research

Metal Cans Market for Foods ,Beverages - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019

Published Date

04-10-2013

72 Page Report

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Flourishing Food Industry in Asia Pacific to Shape Growth of

Global Metal Cans Market, says TMR

Transparency Market Research

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Global Metal Cans Industry

REPORT DESCRIPTION

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...