The North America aluminium cans market size reached US$ 16.4 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 22.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2023-2032.
Aluminum cans represent one of the most popular forms of packaging which are employed for storing both solid and liquid materials. These cans are durable, lightweight, recyclable, cost-effective, easy to handle, and aid in preserving the quality and flavor of the contents. Apart from this, as aluminum cans offer high resistance against corrosion, and require less care during transportation, they are utilized in industries including food, beverage and pharmaceuticals.
Currently, the aluminum cans demand for the packaging of processed and ready-to-eat (RTE) food products, aerated drinks, fruit juices, and energy drinks is rising in North America. Moreover, owing to the growing environmental concerns, consumers are becoming more conscious about limiting the usage of plastics which, in turn, is spurring the demand for aluminum cans in the region. Further, the increasing consumption of energy and sports drinks in confluence with the growing efforts by manufacturers to finance advertising campaigns for these drinks are strengthening the growth of the beverage industry, thereby boosting the sales of aluminium cans in the region.
2. What is the expected growth rate of the North America aluminium cans market during 2024-2032?
3. What has been the impact of COVID-19 on the North America aluminium cans market?
4. What are the key factors driving the North America aluminium cans market?
5. What is the breakup of the North America aluminium cans market based on the application?
6. What are the key regions in the North America aluminium cans market?
Aluminum cans represent one of the most popular forms of packaging which are employed for storing both solid and liquid materials. These cans are durable, lightweight, recyclable, cost-effective, easy to handle, and aid in preserving the quality and flavor of the contents. Apart from this, as aluminum cans offer high resistance against corrosion, and require less care during transportation, they are utilized in industries including food, beverage and pharmaceuticals.
Currently, the aluminum cans demand for the packaging of processed and ready-to-eat (RTE) food products, aerated drinks, fruit juices, and energy drinks is rising in North America. Moreover, owing to the growing environmental concerns, consumers are becoming more conscious about limiting the usage of plastics which, in turn, is spurring the demand for aluminum cans in the region. Further, the increasing consumption of energy and sports drinks in confluence with the growing efforts by manufacturers to finance advertising campaigns for these drinks are strengthening the growth of the beverage industry, thereby boosting the sales of aluminium cans in the region.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the North America aluminium cans market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on application.- Key Regions Analyzed
- United States
- Canada
- Analysis for Each Country
Market by Application
- Beverages
- Food
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America aluminium cans market in 2023?2. What is the expected growth rate of the North America aluminium cans market during 2024-2032?
3. What has been the impact of COVID-19 on the North America aluminium cans market?
4. What are the key factors driving the North America aluminium cans market?
5. What is the breakup of the North America aluminium cans market based on the application?
6. What are the key regions in the North America aluminium cans market?
Table of Contents
1 Preface3 Executive Summary12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Aluminium Cans Market
6 North America Aluminium Cans Market
7 North America Aluminium Cans Market: Breakup by Application
8 North America Aluminium Cans Market: Breakup by Country
9 SWOT Analysis
10 Value Chain Analysis
11 Porter’s Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 16.4 Billion |
| Forecasted Market Value ( USD | $ 22 Billion |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | North America |
