Composite Cans Market Size, Share, Growth Report 2032

Composite Cans Market

Composite Cans Market- by Closure Type (Caps and Lids), by Production Type (Spiral winding, Convolute winding, Linear draw), by Can diameter (Less than 50 mm, 50 mm - 100 mm, 100 mm & above), by End use (Food & beverage, Agriculture, Textiles and apparels, Personal care & cosmetics, Consumer goods, Industrial goods)- Global Industry Perspective Comprehensive Analysis and Forecast, 2020 - 2026

Category: Packaging Report Format : PDF Pages: 110 Report Code: ZMR-4007 Published Date: Sep-2020 Status : Published
Market Size in 2019 Market Forecast in 2025 CAGR (in %) Base Year
USD 4.5 Billion USD 6.4 Billion 5.1% 2019

Composite Cans Market Size & Analysis

According to the report, global demand for Composite Cans market size was valued at approximately USD 4.5 billion in 2019 and is expected to generate revenue of around USD 6.4 billion by end of 2026, growing at a CAGR of around 5.1% between 2020 and 2026.

Global Composite Cans Market SizeRequest Free Sample

Global Composite Cans Market: Overview

Composite cans are cylindrical paper tube that usually has a body made of several layers of Kraft paper wounded by spiral, convolute, and linear draw winding methods. 

These products are easy to run on standard membrane sealing machines and seamers. Composite cans offer a simplified supply chain. Due to the light weight of composite cans, they are easy to package and transport and save shipping costs.

Global Composite Cans Market: Growth Factors

Composite cans find a plethora of applications in the packaging of daily household products such as coffee whiteners, bread crumbs, diet drinks, hot chocolate mixes, nuts, cakes, spices, tea, cleaning gels, and baking sodas. Composite Cans are highly popular as a result of their cost-effectiveness, environmental safety, durability, versatility, and user-friendliness. Child-resistant and tamper-evident dispenser tops are available for product safety in composite cans, thereby further succoring the growth graph of the composite cans market to reach scalable heights.

These products are used to package dry beverages such as powdered drinks, tea, and coffee. Composite cans are suitable for ambient and cold fill. Beneficial product characteristics include excellent interlaminate bond strength, high heat resistance, high splitting resistance of cardboard base, and extended shelf-life due to the aluminum barrier and a great barrier against gas. This, in turn, is projected to further steer the growth of the composite cans market over the years ahead.

Global Composite Cans Market: Segmentation

The global composite cans market can be classified based on closure type, production type, can diameter, and end-use. On the basis of closure type, the market is segmented into caps and lids. Based on the product type, the composite cans market can be sectored into spiral winding, convolute winding, and linear draw. On the basis of can diameter, the market is classified into less than 50 mm, 50 mm - 100 mm, and 100 mm & above. End-use wise, the composite cans market is sectored into food & beverage, agriculture, textiles and apparel, personal care & cosmetics, consumer goods, and industrial goods.

Global Composite Cans Market: Regional Analysis

Based on regions, the global composite cans market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Asia Pacific is likely to register lucrative growth in the composite cans market during the forecast period. Economic growth, advanced technology, and environmental awareness will further prompt the growth of the composite cans market in the Asia Pacific Region. The flourishing food and beverage sector will help the market gain traction in the region within the next few years. Additionally, the product is likely to find a spectrum of applications in the pharmaceutical, consumer goods, and healthcare sectors. Furthermore, a shift in consumer trends towards convenience and aesthetic packaging will further proliferate the market demand in the region.

North American and Europe markets have huge growth potential and are likely to contribute enormously towards the market earnings in the upcoming years.

Global Composite Cans Market: Competitive Players

Some of the key players in the composite cans market are 

  • Sonoco Products Company
  • Amcor Ltd
  • Smurfit Kappa
  • Mondi Group
  • Ace Paper Tube
  • Irwin Packaging Pty Ltd
  • Halaspack Bt
  • Quality Container Company
  • Nagel Paper
  • Corex Group Tinpak.

Global Composite Cans Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provide

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, ongoing, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Methodology

FrequentlyAsked Questions

Paperboard cans are another name for composite cans, which are cylindrical containers manufactured from a combination of materials such as paperboard, aluminium foil, plastic films, and other laminates. Composite cans are also sometimes referred to as paperboard cans. They are put to use in the process of packaging a wide variety of goods, including snacks, nuts, powdered drinks, and even food for pets. Cans made of composite materials are renowned for their longevity as well as their flexibility and lightweight construction. They are also good for the environment because they are created from materials that do not deplete the earth's natural resources and because it is simple to recycle them. Because composite cans have a print surface of such high quality, using them as a vehicle for product branding and marketing is one of the best options available.

Demand on the rise for packaging solutions that are sustainable and friendly to the environment As consumers become more environmentally concerned, there is a need on the rise for packaging solutions that are sustainable and friendly to the environment. It is anticipated that the expansion of the market would be driven in part by the fact that composite cans offer a more environmentally friendly alternative to conventional packaging materials such as plastics. Changing lifestyles, busier schedules, and growing urbanisation are all factors that are contributing to the rise in the demand for packaged food and beverage goods. As a result of these factors, the demand for packaged food and beverage products is on the rise. It is anticipated that the widespread usage of composite cans for the packaging of food items such as snacks, nuts, and powdered drinks would contribute to the expansion of the market.

According to the report, global demand for Composite Cans market size was valued at approximately USD 4.5 billion in 2019 and is expected to generate revenue of around USD 6.4 billion by end of 2026, growing at a CAGR of around 5.1% between 2020 and 2026.

Asia Pacific is likely to register lucrative growth in the composite cans market during the forecast period. Economic growth, advanced technology, and environment awareness will further prompt the growth of composite cans market in the Asia Pacific Region.

Some of the key players in composite cans market are Sonoco Products Company, Amcor Ltd, Smurfit Kappa, Mondi Group, Ace Paper Tube, Irwin Packaging Pty Ltd, Halaspack Bt, Quality Container Company, Nagel Paper, and Corex Group Tinpak.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed