Canned Food & Beverage Packaging Manufacturers Spearhead Revenue Generation in BPA Free Cans Market, Finds TMR

Canned Food & Beverage Packaging Manufacturers Spearhead Revenue Generation in BPA Free Cans Market, Finds TMR

PR Newswire

ALBANY, New York, July 15, 2020

ALBANY, New York, July 15, 2020 /PRNewswire/ -- Non-BPA packaging players have gained revenue potential on the back of growing body of studies that reiterate the adverse health effects of BPA in food and beverages packaging. This has stirred wide-scale shift of end-use industries toward non-BPA packaging, such as in pharmaceutical and cosmetics. As a result, a number of alternative packaging materials such as aluminum and steel are rapidly seeing consumer acceptance in BPA free cans market.

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Analysts at Transparency Market Research affirm that demand for BPA free cans in packaging food and beverages gathers momentum due to consumer awareness about adverse health effects of BPA. The BPA free cans market is projected to clock CAGR of 4% from 2020 to 2026.

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Key Findings of Market Report

Explore 204 pages of top-notch research, incisive insights, and detailed country-level projections on BPA Free Cans Market (Capacity: Less than 250 ml, 250 ml – 500 ml, 500 ml – 1,000 ml, and Above 1,000 ml; Product Type: 2-Piece, 3 -Piece, and Monobloc; Material Type: Plastic, Aluminum, and Steel; Application: Food, Beverages, Pharmaceuticals, and Personal Care & Homecare) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2026 at https://www.transparencymarketresearch.com/bpa-free-cans-market.html

BPA Free Cans Market: Key Driving Factors and Promising Avenues

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Key Impediments for BPA Free Cans Market Stakeholders

The COVID-19 pandemic lockdown has been a huge snag on the production as well as consumption of canned products. This has also restrained the expansion of the BPA free cans market. Cross-border trade restrictions of cosmetics and personal care products in recent months has put a debilitating effect on the supply chain. This has slowed down the momentum of the BPA free cans market.

On the other hand, the rise in use of BPA in pharmaceutical packaging adds a significant momentum to the market.

Analyze Global BPA Free Cans Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

BPA Free Cans Market: Competition Landscape

The BPA free cans market has been characterized by a consolidated landscape, since globally prominent players hold most shares. Also, there is a high barrier to entry, restricting new players to make foray into the BPA free cans market. All this has also shaped the recent competitive landscape in the BPA free cans market.

Some of the well-entrenched players in the BPA free cans market are DuPont de Nemours, Inc., HUBER Packaging Group GmbH, CPMC Holdings Limited, Toyo Seikan Co. Ltd., Silgan Containers LLC, Ardagh Group S.A., and The Valspar Corporation.

Purchase Premium Research Report on BPA Free Cans Market at https://www.transparencymarketresearch.com/checkout.php?rep_id=22511&ltype=S

The BPA Free Cans Market can be segmented as follows:

Capacity

Product Type

Material Type

Application

Region

Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:

Composite Cans Market– The global market for Composite Cans was valued at US$ 3,597.2million in 2017. The market is forecast to expand at a CAGR of 5.2% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Food Cans Market – The global food cans market is expected to gain prominence owing to its unique features such as easy recyclability, hermetically sealed cover, resistance to irregular handling and transport. Sheets of steel and aluminum are the basic raw materials needed for the making of the product. Some of the major suppliers of these raw materials comprise Chalco, ArcelorMittal, UC Rusal and others.

Reusable Water Bottles Market – The demand within the global reusable water bottles market is treading along an upward trajectory in recent times. The need for fostering sustainable practices across leading industries has brought reusable water bottles under the spotlight of attention. Moreover, the energy sector has made emphatic claims about the need for using recyclable, reusable, and environment-friendly products.

Pharmaceutical Glass Ampoules Market – TMR analyzed that the pharmaceutical glass ampoules market share of open funnel glass ampoules is high as compared to other glass ampoules. Additionally, TMR estimated that the demand for glass ampoules of up to 2ml is expected to increase significantly during 2019-2027. Pharmaceutical glass ampoules are traditional primary packaging solutions for storage and drugs packaging. This form of packaging ensures single use of drugs for maintaining safety and hygiene of consumers.

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