F&B can market worth $49.2 billion by 2019

HOW can food & beverage can manufacturers stay afloat in the coming years? According to new research, expansion and investment will be the major trends especially among the big players. By 2019, the industry will be valued at $49.2 billion.

Other trends shaping the industry include the importance of environment to companies and to end users, and ease of recycling and reusing of metal cans. On the downside, increasing application of PET and other plastic packaging as well as carton remain a threat to the metal can market.

Most can packaging is produced for the beverage market, with carbonated soft drinks as the leading category, while the sports and energy drinks category exhibited the fastest growth. The largest markets for the metal can manufacturing industry lies in China, India, and Indonesia, as well as the Middle East and Brazil.

In terms of material, aluminium is mostly used for beverage cans, while steel is mostly applied in food metal cans.

For more information, access the report, Food & Beverage Metal Cans Market by Application [Beverages (Alcoholic, CSD, Sports & Energy Drinks, Others), Food (Fruit & Vegetable, Convenience Food, Pet Food, Meat & Seafood)], by Material (Aluminum & Steel) - Global Forecast to 2019. Early buyers will receive 10% customization on this report.