In the food and beverage sector, metal cans are the most popular packaging option due to their high recyclability, exceptional protection against outside pollutants, and extended storage life. These cans can be made into whatever form you choose and recycled and reused indefinitely. The primary contaminants that can contaminate food, drink, and other important items include moisture, air, bacteria, and so on. Metal cans serve as an excellent barrier against these contaminants, which is why they are often used to store perishable commodities for extended periods of time.
Middle East & Africa Metal Cans Market Driving Factors and Challenges
Drivers: The main driver of market expansion is rising packaged and processed food and beverage consumption. One of the main factors propelling the market for metal cans is the key players' constant development of packaging technologies worldwide. The need for metal cans is also being supported globally by the construction of infrastructure for the recycling of used metal packaging materials. Aluminum cans are anticipated to maintain a sizable market share because of the introduction of new goods and packaging options that are expanding the range of products available to consumers and boosting sales of canned food items. Consumer behavior is changing significantly, especially among younger generations and millennials, which is a major trend in the industry. Consequently, customers are more open to trying new goods, particularly those that have natural and organic ingredients, which should lead to a lot of potential for aerosol cans.
Challenges: The Middle East and Africa (MEA) metal cans business has several challenges, the most of which stem from issues with infrastructure, the environment, and the economy. The price volatility of raw materials is a major problem that can significantly affect production costs and profitability. Aluminum and steel are two examples of these materials. In certain areas, supply chains may be affected by geopolitical upheaval in addition to the region's reliance on imports for essential necessities. Another issue that hinders the region's ability to efficiently manage metal waste and meet sustainability goals is the absence of suitable recycling infrastructure, especially in developing countries.
Impact of COVID-19 on Middle East & Africa Metal Cans Market
The global market's rising demand for canned beverages has led to a notable expansion in the market. Environmental awareness has increased as a result of the pandemic and its subsequent decline. Manufacturers of packaging have shifted their attention to eco-friendly packaging as a result. Metal cans have so become more in demand both during and after the outbreak. Thus, the global demand for aluminum cans is being supported by craft breweries and soft drink producers' growing emphasis on environmentally friendly packaging options.
Middle East & Africa Metal Cans Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players are; ARYUM Metal Alüminyum Tüp, Ball Corporation, Crown Holdings, SAPIN SA, Avon Crowncaps & Containers Nigeria Limited, Nampak Ltd., Can-Pack Middle East, Middle East Metal Can LLC (Trinity Holdings), Gulf Cans Industries, CanSmart (Pty) Ltd., and others.
Middle East & Africa Metal Cans Market Segmentation:
By Material: Based on the Material, Middle East & Africa Metal Cans Market is segmented as; Aluminium Cans, Steel/Tin Cans.
By Type: Based on the Type, Middle East & Africa Metal Cans Market is segmented as; Beverages Cans, Food Cans, Aerosol Cans, Others.
By Region: This research also includes data for Qatar, Saudi Arabia, United Arab Emirates, Egypt, Morocco, Nigeria, South Africa, Rest of Middle-East and Africa.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.