Composite Cans Market: Inclusive Insight
The Composite Cans Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Composite Cans market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
The well-established Key players in the market are: Quality Container Company, Amcor Limited, Irwin Packaging, COREX Group, Smurfit Kappa, Ace Paper Tube, Kunert Gruppe, Nagel Paper, Sonoco Products Company, Mondi, Canfab Packaging Inc., Compocan Industries.
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What ideas and concepts are covered in the report?
– The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
– The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
– Data regarding the Composite Cans Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Composite Cans Industry market:
– The Composite Cans Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Composite Cans Market Trends | Industry Segment by Production Type (Convolute Winding, Linear Draw, Spiral Winding), Closure Types (Lids, Caps), Diameter Covered (Less than 50 mm, 50mm-100mm, 100mm & above), End- User (Agriculture, Consumer Goods, Food &Beverages, Industrial Goods, Personal Care &Cosmetics, Textiles and Apparels), Material (Metal, Paperboard, Plastics), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market:
In March 2019, A&R Carton announced the launch of their new small-sized fiber content composite cans which is specially designed to replace plastics containers. They are designed for the products like snacks, chewing gums, nutritional supplements and powders. They are flexible in nature which make it suitable for many products and also reduces the use of fossil based plastics.
In February 2019, VPK Packaging announced that they have acquired Corenso so that they can strengthen their position in the market. This acquisition will help the VPK to acquire corenso’s two coreboard mills in Finland and France and 13 conversion plants. This acquisition will help the company to expand their business worldwide.
Unique structure of the report
Composite cans or combi containers are the solid cylindrical containers which are made from the different layers like metals, plastics and paperboard. Convolute winding, spiral winding and linear draw are some of the common production types. These cans are usually light in weight and are flexible in nature. These cans are widely used in the industries like agriculture, food and beverages, industrial good, personal care etc.
Global composite cans market is expected to rise to an estimated value of USD 6948.15 million by 2026, registering a substantial CAGR of 6.59% in the forecast period of 2019-2026. Rising usage of composite cans in daily household products and affordable price of these cans are the factor for the growth of this market.
- Rising demand of the composite cans from the packaging industry is driving the market growth
- Increasing demand for recycled products among population is another factor driving market
- Availability of tamper- conspicuous dispenser and child- contrary tops for the product security is important factor driving the market growth
- Increasing usage of these cans for the packaging of dry beverages like tea and coffee is driving the growth of this market
- Changing customer desires for convenience packaging is restraining the market growth.
Some of the Major Highlights of TOC covers:
Composite Cans Industry Regional Market Analysis
– Composite Cans Industry Production by Regions
– Global Composite Cans Industry Production by Regions
– Global Composite Cans Industry Revenue by Regions
– Composite Cans Industry Consumption by Regions
Composite Cans Industry Segment Market Analysis (by Type)
– Global Composite Cans Industry Production by Type
– Global Composite Cans Industry Revenue by Type
– Composite Cans Industry Price by Type
Composite Cans Industry Segment Market Analysis (by Application)
– Global Composite Cans Industry Consumption by Application
– Global Composite Cans Industry Consumption Market Share by Application (2014-2019)
Composite Cans Industry Major Manufacturers Analysis
– Composite Cans Industry Production Sites and Area Served
– Product Introduction, Application and Specification
– Composite Cans Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
– Main Business and Markets Served
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At the Last, Composite Cans industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher’s disclaimer.
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