HOME › Research Insight › Crown Holdings, Inc. (U.S.) and Ardagh Group (Luxembourg) are Leading Players in Food & Beverage Metal Cans Market
Crown Holdings, Inc. (U.S.) and Ardagh Group (Luxembourg) are Leading Players in Food & Beverage Metal Cans Market
The food & beverage metal cans market include players such as Crown Holdings, Inc. (U.S.), Ball Corporation (U.S.), Silgan Holdings Inc. (U.S.), Ardagh Group (Luxembourg), CAN-PACK S.A. (Poland), Kian Joo Group (Malaysia), CPMC Holdings Limited (China), Kingcan Holdings Limited (China), Tetra Laval International S.A. (Switzerland), and HUBER Packaging Group GmbH (Germany). This market is projected to reach 551.4 billion units by 2022, growing at a CAGR of 3.6% from 2016. The factors such as recyclable and reusable properties of metal cans, nutritional contents & cheaper price of canned food, and hygiene offered by metal packaging are regarded as important driving factors of metal packaging.
Key strategies such as expansions & investments, acquisitions, new product launches, and agreements & partnerships have been adopted by the key players to meet the increasing demand for metal cans in the food & beverage industry.
Crown Holdings, Inc. (U.S.)
Crown Holdings, Inc. operates through 147 manufacturing plants located in 37 countries across North America, South America, Europe, and the Middle East. The company’s operational businesses are segmented as American Beverage, North American Food, European Beverage, European Food, Asia Pacific, and other operational segments. Crown is involved in designing, manufacturing and selling of metal packaging products for consumer goods which includes beverage cans, food cans, and closures. The company primarily operates its business under three geographic divisions, namely, the U.S. & Canada, Western Europe, and other developing markets such as the Middle East, South America, and Asia Pacific.
Crown Holdings, Inc. continues to offer innovative packaging products by investing in research and development activities. The company underwent numerous expansions and acquisition strategies such as the expansion of a new 2-piece aluminum beverage can production line in Thailand to meet the needs of its local and international customers in June 2015. It also started a new beverage can plant in Mexico to manufacture 2-piece aluminum cans in multiple sizes. In February 2015, the acquisition of EMPAQUE (Mexico), a leading manufacturer of aluminum cans & ends, glass bottles, and bottle caps for the beverage industry from Heineken N.V (Netherlands) helped Crown to strengthen its pioneering position in the metal cans packaging market.
Ardagh Group (Luxembourg)
Ardagh Group is primarily engaged in the manufacturing of packaging products made of materials such as glass and metal. The metal packaging division of the company is segmented into beverage, food, pet food, and seafood. It has a wide range of beverage cans with various shapes and sizes to serve the high volume segment of the beverage market such as beers, wine, flavored alcoholic beverages, energy drinks, soft drinks, and tea. For the food industry, the company has a wide range of steel and aluminum cans to cater its customers in this market. Metal cans provide the perfect barrier against oxygen without any refrigeration and are safe for transporting sea foods regardless of the distance.
The company operates in 22 countries and has 110 glass and metal manufacturing facilities across the globe. Through its metal packaging business, the company manufactures food cans, metal tins, aluminum cans, and other cans for the food & beverage market.
Ardagh Group, has established a firm footprint in the global containers market with its glass and metal containers. The company plans to expand specifically in metal can packaging industry to increase its market share and compete head to head with global leaders in the metal cans market.
Ardagh Group continues to expand its geographical presence adopting growth strategies such as acquisitions, expansion, and new product launch. The acquisitions and expansions strategies pursued by the company have helped it to enter into different regional markets across North America and Europe. Along with these strategies, the company has invested heavily to increase its production capacities and has signed agreements with top market players in the metal cans industry to expand its activities globally. In June 2016, the company acquired metal beverage can manufacturing assets of Ball Corporation (U.S.) and Rexam PLC (U.S.) to create a platform in Europe, Brazil, and the U.S.
Food & Beverage Metal Cans Market by Type (2-piece, 3-piece), Material (Aluminum, Steel), Application (Beverages (Alcoholic, CSD, Sports & Energy Drinks), and Food (Fruits & Vegetables, Convenience Food, Pet Food, Meat & Seafood)) - Global Forecast to 2022
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India