Canned Food Packaging Market Forecast to 2030

The Canned Food Packaging Market is projected to witness a notable CAGR of 3.47% during the review period. It is segmented based on can size, material, application, and region. Can size segments include Less Than 500 Gm, 500 - 1000 Gm, and More Than 1000 Gm. Material segments comprise Aluminium Packaging, Steel Packaging, Tinplate Packaging, Glass, and Plastics. The market is primarily driven by the food and beverage application. Metal packaging, especially aluminum, is favored due to its ease of use, transportation, and consumption. Additionally, aluminum packaging offers enhanced security and protection against heat and pollution.

Canning is an economical preservation method that minimally alters the taste of perishable products. This has led to growth in the horticulture and seafood processing industry, driving the demand for canned food packaging. The market is further fueled by the rising consumption of convenient packaged food and beverages. These products undergo techniques like peeling, chopping, or cooking before being sealed in airtight cans. The busy lifestyle and growing working population have led to a surge in the consumption of convenience food products, directly impacting market growth. Changing consumer preferences, driven by higher living standards, have generated significant demand for canned foods. Canning preserves food products' nutrients and protects against spoilage from sunlight and air.

Market Segmentation

The Canned Food Packaging Market is segmented by can size into Less than 500 Gm, 500-1000 Gm, and More than 1000 Gm. The 500 gm - 1000 gm segment held the largest market share in 2021, contributing around 48.06% of the revenue. Airtight and sealed metal containers enhance shelf life and preserve the nutritional value of food products. The taste and quality of the products are protected throughout the manufacturing, supply, and distribution process.

In terms of materials, the market is divided into aluminum packaging, steel packaging, tinplate packaging, glass, and plastic.

Based on application, the food and beverage segment dominated the market in 2021, contributing approximately 63.75% of the revenue. The easy availability of a wide range of alcoholic beverages in supermarkets drives consumption, benefiting the segment's growth.

Regional Market

Insights North America holds the largest share owing to a thriving food processing sector in the United States. Europe represents the second-largest market share in 2021, driven by growing demand from the millennial population. The region imports a substantial number of canned fruits and vegetables, with Germany, France, the U.K., and the Netherlands being the major importing and consuming countries. This presents opportunities for exporters from developing economies.

The Asia-Pacific region is the fastest-growing market, particularly for canned meat, fish/seafood, and fruits. Additionally, food manufacturers in India have started producing popular local foods, such as poha and upma, in ready-to-eat cans. The Middle East also witnesses significant demand in the canned food packaging market.

Major Players

The prominent organizations in the Canned Food Packaging Market are Ardagh Group, Silgan Holdings Inc., CPMC Holdings Ltd., Amcor Ltd., Crown Holdings, Toyo Seikan Kaisha Ltd., Ball Corporation, and others.

Product Code: MRFR/PNT/3670-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 13

1.1 GLOBAL CANNED FOOD PACKAGING MARKET, BY TYPE 15
1.2 GLOBAL CANNED FOOD PACKAGING MARKET, BY MATERIAL 16
1.3 GLOBAL CANNED FOOD PACKAGING MARKET, BY APPLICATION 17
1.4 GLOBAL CANNED FOOD PACKAGING MARKET, BY REGION 18

2 MARKET INTRODUCTION 19

2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 MARKET STRUCTURE 20

3 RESEARCH METHODOLOGY 21

3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 23
3.5 TOP DOWN & BOTTOM-UP APPROACH 24
3.6 FORECAST MODEL 25
3.7 LIST OF ASSUMPTIONS 26

4 MARKET DYNAMICS 27

4.1 DRIVERS 27
- 4.1.1 INCREASING DEMAND FOR CANNED FISH AND SEAFOOD 27
- 4.1.2 RISE IN THE DEMAND FOR READYMADE CANNED FOODS AND OFF-SEASONAL FOOD PRODUCTS 28
- 4.1.3 DRIVER IMPACT ANALYSIS 28
4.2 RESTRAINTS 29
- 4.2.1 RISING CONCERNS ABOUT ENVIRONMENTAL POLLUTION 29
- 4.2.2 HIGH COST OF CAN MANUFACTURING AND AVAILABILITY OF LOW-COST ALTERNATIVES 29
- 4.2.3 RESTRAINT IMPACT ANALYSIS 29
4.3 OPPORTUNITIES 30
- 4.3.1 GROWING CONSUMER INCLINATION TOWARDS ORGANIC AND CLEAN-LABEL FOODS TO DRIVE THE MARKET GROWTH 30

5 MARKET FACTOR ANALYSIS 31

5.1 SUPPLY CHAIN ANALYSIS 31
- 5.1.1 RAW MATERIALS 32
- 5.1.2 MANUFACTURES 32
- 5.1.3 DISTRIBUTION AND PACKAGING 32
- 5.1.4 END USER 33
5.2 PORTER'S FIVE FORCES MODEL 33
- 5.2.1 THREAT OF NEW ENTRANTS 34
- 5.2.2 BARGAINING POWER OF SUPPLIERS 34
- 5.2.3 THREAT OF SUBSTITUTES 34
- 5.2.4 BARGAINING POWER OF BUYERS 34
- 5.2.5 INTENSITY OF RIVALRY 35
5.3 IMPACT OF COVID-19 ON THE GLOBAL CANNED FOOD PACKAGING MARKET 35

6 GLOBAL CANNED FOOD PACKAGING MARKET, BY CAN SIZE 37

6.1 OVERVIEW 37

7 GLOBAL CANNED FOOD PACKAGING MARKET, BY MATERIAL 40

7.1 OVERVIEW 40
7.2 ALUMINUM PACKAGING 42
7.3 STEEL PACKAGING 43
7.4 TINPLATE PACKAGING 44
7.5 GLASS 45
7.6 PLASTIC 46

8 GLOBAL CANNED FOOD PACKAGING MARKET, BY APPLICATION 47

8.1 OVERVIEW 47
8.2 FOOD 49
8.3 BEVERAGE 50

9 GLOBAL CANNED FOOD PACKAGING, BY REGION 51

9.1 OVERVIEW 51
9.2 NORTH AMERICA 53
- 9.2.1 US 55
- 9.2.2 CANADA 57
- 9.2.3 MEXICO 58
9.3 EUROPE 60
- 9.3.1 GERMANY 62
- 9.3.2 UK 64
- 9.3.3 FRANCE 65
- 9.3.4 SPAIN 67
- 9.3.5 ITALY 68
- 9.3.6 REST OF EUROPE 70
9.4 ASIA-PACIFIC 72
- 9.4.1 CHINA 74
- 9.4.2 JAPAN 76
- 9.4.3 INDIA 77
- 9.4.4 AUSTRALIA & NEW ZEALAND 79
- 9.4.5 REST OF ASIA PACIFIC 80
9.5 REST OF THE WORLD 82

10 COMPETITIVE LANDSCAPE 85

10.1 COMPETITIVE OVERVIEW 85
10.2 MAJOR GROWTH STRATEGY IN THE GLOBAL CANNED FOOD PACKAGING MARKET 85
10.3 COMPETITIVE BENCHMARKING 87

11 COMPANY PROFILES 88

11.1 AMCOR LIMITED 88
- 11.1.1 COMPANY OVERVIEW 88
- 11.1.2 FINANCIAL OVERVIEW 89
- 11.1.3 PRODUCTS OFFERED 90
- 11.1.4 KEY DEVELOPMENTS 90
- 11.1.5 SWOT ANALYSIS 91
- 11.1.6 KEY STRATEGIES 91
11.2 ARDAGH GROUP S.A 92
- 11.2.1 COMPANY OVERVIEW 92
- 11.2.2 FINANCIAL OVERVIEW 93
- 11.2.3 PRODUCTS OFFERED 94
- 11.2.4 KEY DEVELOPMENTS 94
- 11.2.5 SWOT ANALYSIS 96
- 11.2.6 KEY STRATEGIES 96
11.3 CPMC HOLDING LTD 97
- 11.3.1 COMPANY OVERVIEW 97
- 11.3.2 FINANCIAL OVERVIEW 98
- 11.3.3 PRODUCTS OFFERED 99
- 11.3.4 KEY DEVELOPMENTS 99
- 11.3.5 SWOT ANALYSIS 100
- 11.3.6 KEY STRATEGIES 100
11.4 JAMESTRONG PACKAGING 101
- 11.4.1 COMPANY OVERVIEW 101
- 11.4.2 FINANCIAL OVERVIEW 101
- 11.4.3 PRODUCTS OFFERED 101
- 11.4.4 KEY DEVELOPMENTS 101
11.5 CROWN HOLDING 102
- 11.5.1 COMPANY OVERVIEW 102
- 11.5.2 FINANCIAL OVERVIEW 103
- 11.5.3 PRODUCTS OFFERED 103
- 11.5.4 KEY DEVELOPMENTS 104
- 11.5.5 SWOT ANALYSIS 104
- 11.5.6 KEY STRATEGIES 105
11.6 SILGAN HOLDINGS, INC. 106
- 11.6.1 COMPANY OVERVIEW 106
- 11.6.2 FINANCIAL OVERVIEW 107
- 11.6.3 PRODUCTS OFFERED 107
- 11.6.4 KEY DEVELOPMENTS 108
- 11.6.5 SWOT ANALYSIS 108
- 11.6.6 KEY STRATEGIES 109
11.7 VISY INDUSTRIES 110
- 11.7.1 COMPANY OVERVIEW 110
- 11.7.2 FINANCIAL OVERVIEW 110
- 11.7.3 PRODUCTS OFFERED 110
- 11.7.4 KEY DEVELOPMENTS 111
11.8 BALL CORPORATION 112
- 11.8.1 COMPANY OVERVIEW 112
- 11.8.2 FINANCIAL OVERVIEW 112
- 11.8.3 PRODUCTS OFFERED 113
- 11.8.4 KEY DEVELOPMENTS 113
- 11.8.5 SWOT ANALYSIS 113
- 11.8.6 KEY STRATEGIES 114
11.9 CANPACK GROUP 115
- 11.9.1 COMPANY OVERVIEW 115
- 11.9.2 FINANCIAL OVERVIEW 115
- 11.9.3 PRODUCTS OFFERED 116
- 11.9.4 KEY DEVELOPMENTS 116
- 11.9.5 SWOT ANALYSIS 117
- 11.9.6 KEY STRATEGIES 117
11.10 TOYO SEIKAN GROUP HOLDINGS LTD 118
- 11.10.1 COMPANY OVERVIEW 118
- 11.10.2 FINANCIAL OVERVIEW 119
- 11.10.3 PRODUCTS OFFERED 119
- 11.10.4 KEY DEVELOPMENTS 120
- 11.10.5 SWOT ANALYSIS 120
- 11.10.6 KEY STRATEGIES 120