Europe Aluminium Cans Market Trends, Share, Size, Revenue, Demand and Future Outlook
Europe Aluminium Cans Market Growth, Size, Trends Analysis- By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: PACK2422 | Pages: 1 - 157 | Formats*: |
| Category : Packaging | |||
Europe Aluminium Cans Market Introduction and Overview
According to SPER Market Research, the Europe Aluminium Cans Market is estimated to reach USD 29.33 billion by 2033 with a CAGR 4.07%.
The report includes an in-depth analysis of the Europe Aluminium Cans Market, including market size and trends, product mix, distribution channels, and supplier analysis. Aluminum cans, sometimes referred to as tin cans, are a kind of single-use container used to package a range of liquid and solid goods, including energy drinks, soups, vegetables, pet food, fizzy drinks, and beer. These cans are constructed from thin aluminum sheets that have been formed into cylinders, covered with a coating of lacquer for protection, and sealed at the top and bottom. They are affordable, lightweight, strong, practical, long-lasting, portable, and require less handling and distribution care. Furthermore, aluminum cans are non-toxic and impervious to corrosion and rust, which helps maintain the flavor and freshness of the beverage within.
- Vinca introduces organic Sicilian wine in 187-milliliter wine cans in Ardagh in December 2023. All of the wine market's demands for single-serve formats are satisfied by AMP's Wine Can line in a contemporary and sustainable manner. Aluminum beverage cans that are safe, lightweight, and infinitely recyclable are ideal for point-of-sale refrigeration, in-store handling, and shipping.
Market Opportunities and Challenges
Opportunities: The main driver of the European market's expansion is the extensive product acceptance in the booming food and beverage (F&B) sector, since aluminum cans provide superior protection against light, oxygen, moisture, and other pollutants, extending the shelf life of food. Accordingly, aluminum cans are a common packaging option in the area since they are lightweight, practical, and portable. Further supporting market expansion is the growing consumer desire for environmentally friendly packaging options, such aluminum cans, across a range of industry sectors as a result of growing knowledge and worries about the detrimental effects of plastics on the environment. Furthermore, Metal cans are becoming more and more popular than glass and plastic containers as environmental concerns grow. The low cost of canned foods, the region's economic status, and the high recycling potential of metal cans are some of the primary variables impacting the market under investigation in the area. According to Metal containers, 73% of aluminum beverage cans and 85.5% of steel containers are recycled in Europe, making metal the most recycled packaging material.
Challenges: The growth and sustainability of the European aluminum cans market are impacted by a number of issues. The rising cost of raw materials, especially aluminum, which is extremely vulnerable to interruptions in the global supply chain and changes in commodity prices, is one of the primary challenges. Governments are also enforcing more stringent recycling goals and eco-friendly packaging regulations, which is increasing regulatory pressure on environmental sustainability and recycling. Manufacturers now face increased expenses as a result of having to make investments in cutting-edge recycling technologies and environmentally friendly production methods.
Market Competitive Landscape
The Aluminium Cans market is moderately consolidated. some of the market key players are Ball Corporation, Ardagh Group, Crown Holdings, Inc., Silgan Holdings Inc., CAN-PACK SA, Massilly Holding SAS, Tecnocap Group, and Tata Europe Ltd.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Application |
| Regions covered | France, Germany, Italy, Spain, United Kingdom, Rest of Europe. |
| Companies Covered | Ball Corporation, Ardagh Group, Crown Holdings, Inc., Silgan Holdings Inc., CAN-PACK SA, Massilly Holding SAS, Tecnocap Group, and Tata Europe Ltd. |
COVID-19 Impact on Europe Aluminium Cans Market
The market for aluminum cans in Europe was significantly impacted by the COVID-19 outbreak, both positively and negatively. Initially, labor shortages, transportation delays, and factory closures caused production and supply chain disruptions in the market. For producers of aluminum cans, this resulted in longer lead times and shortages of supplies. Due to the closure of the horeca (hotels, restaurants, and cafés) sectors, the beverage industry, which is a significant consumer of aluminum cans, also experienced a decline in demand during lockdowns. However, as the pandemic spread, individuals started buying ready-to-drink beverages from stores, which led to a spike in demand for packaged beverages, particularly canned drinks.
Key Target Audience:
- Beverage Manufacturers
- Packaging Suppliers
- Retailers and Distributors
- Environmental and Sustainability Organizations
- End Consumers
- Regulatory Bodies
- Recycling Companies
Our in-depth analysis of the Europe Aluminium Cans Market includes the following segments:
| By Application: |
Key Topics Covered in the Report:
- Europe Aluminium Cans Market Size (FY’2024-FY’2033)
- Overview of Europe Aluminium Cans Market
- Segmentation of Europe Aluminium Cans Market By Application (Beverages, Food, Others)
- Expansion Analysis of Europe Aluminium Cans Market
- Problems and Obstacles in Europe Aluminium Cans Market
- Competitive Landscape in the Europe Aluminium Cans Market
- Impact of COVID-19 and Demonetization on Europe Aluminium Cans Market
- Details on Current Investment in Europe Aluminium Cans Market
- Competitive Analysis of Europe Aluminium Cans Market
- Prominent Players in the Europe Aluminium Cans Market
- SWOT Analysis of Europe Aluminium Cans Market
- Europe Aluminium Cans Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Aluminium Cans Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Aluminium Cans Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Aluminium Cans Market
7. Europe Aluminium Cans Market, By Application (USD Million) 2020-2033
7.1. Europe Aluminium Cans Market Size, Share and Forecast, By Application, 2020-20267.2. Europe Aluminium Cans Market Size, Share and Forecast, By Application, 2027-20337.3. Beverages7.4. Food7.5. Others
8. Europe Aluminium Cans Market Forecast, 2020-2033 (USD Million)
8.1. Europe Aluminium Cans Market Size and Market Share
9. Europe Aluminium Cans Market, By Region, 2020-2033 (USD Million)
9.1. Europe Aluminium Cans Market Size and Market Share By Region (2020-2026)9.2. Europe Aluminium Cans Market Size and Market Share By Region (2027-2033)9.3. France9.4. Germany9.5. Italy9.6. Spain9.7. United Kingdom9.8. Rest of Europe
10. Company Profile
10.1. Ball Corporation10.1.1. Company details10.1.2. Financial outlook10.1.3. Product summary10.1.4. Recent developments10.2. Ardagh Group10.2.1. Company details10.2.2. Financial outlook10.2.3. Product summary10.2.4. Recent developments10.3. Crown Holdings, Inc.10.3.1. Company details10.3.2. Financial outlook10.3.3. Product summary10.3.4. Recent developments10.4. Silgan Holdings Inc.10.4.1. Company details10.4.2. Financial outlook10.4.3. Product summary10.4.4. Recent developments10.5. CAN-PACK SA10.5.1. Company details10.5.2. Financial outlook10.5.3. Product summary10.5.4. Recent developments10.6. Massilly Holding SAS10.6.1. Company details10.6.2. Financial outlook10.6.3. Product summary10.6.4. Recent developments10.7. Tecnocap Group10.7.1. Company details10.7.2. Financial outlook10.7.3. Product summary10.7.4. Recent developments10.8. Tata Europe Ltd10.8.1. Company details10.8.2. Financial outlook10.8.3. Product summary10.8.4. Recent developments10.9. Others
11. Conclusion
12. Reference Links
13. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Aluminium Cans Market is covered By Application
Europe Aluminium Cans Market is projected to reach USD 29.33 billion by 2033, growing at a CAGR of 4.07% during the forecast period.
Europe Aluminium Cans Market grew in Market size from 2024. The Market is expected to reach USD 29.33 billion by 2033, at a CAGR of 4.07% during the forecast period.
Europe Aluminium Cans Market CAGR of 4.07% during the forecast period.
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Europe Aluminium Cans Market size is USD 29.33 billion from 2024 to 2033.
The Europe is anticipated to have the highest Market share in the Europe Aluminium Cans Market.
The Key players in the Market include Companies Covered Ball Corporation, Ardagh Group, Crown Holdings, Inc., Silgan Holdings Inc., CAN-PACK SA, Massilly Holding SAS, Tecnocap Group, and Tata Europe Ltd.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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