According to IMARC Group’s latest report, titled “Asia Pacific Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Asia Pacific aluminium cans market is expected to exhibit moderate growth during 2021-2026. Aluminium cans or tin cans refer to sustainable, single-use containers that are primarily composed of aluminium materials. They are non-toxic, processable, recyclable, lightweight, and corrosion-resistant in nature, which assist in ensuring unparalleled safety by protecting against oxygen, light and moisture. On account of these properties, aluminium cans are extensively used for packaging various food and beverage, chemicals, and pharmaceutical products.
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The favorable initiatives undertaken by the government bodies across the Asia Pacific regions for replacing plastic packaging with aluminium cans on account of the increasing environmental consciousness represents the key factor driving the market growth. This is further supported by the increasing consumer awareness regarding the sustainable properties of aluminium cans, which is providing an impetus to the market growth. Additionally, continuous product innovations, such as the incorporation of zero-chemical coatings to prevent a chemical reaction between the metal and contents of the can is propelling the market growth. Apart from this, significant expansion in the food processing sector, along with the rising demand for packaged foods and beverages due to rapid urbanization and industrialization, inflating income levels, hectic working schedules, and evolving lifestyles is also facilitating the adoption of aluminium cans across the region. Looking forward, IMARC Group expects the Asia Pacific aluminium cans market to continue its robust growth during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Breakup by Application:
- Beverages
- Food
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- 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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