Global 2 Piece Packaging Cans Market Size To Exceed USD 5.7 Billion By 2035 | CAGR of 6.68%
Category: Chemicals & MaterialsGlobal 2 Piece Packaging Cans Market Size To Exceed USD 5.7 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global 2 Piece Packaging Cans Market Size is expected to grow from USD 2.8 Billion in 2024 to USD 5.7 Billion by 2035, at a CAGR of 6.68% during the forecast period 2025-2035.
Get more details on this report -
Browse key industry insights spread across 201 pages with 119 Market data tables and figures & charts from the report on the "Global 2 Piece Packaging Cans Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Aluminum, Steel, and Others), By Application (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. " Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/2-piece-packaging-cans-market
2 piece packaging cans are metal containers, usually composed of steel or aluminum, with a single body and a lid. Two piece packaging cans are expected to become much more common in the market for carbonated and energy drinks as brand owners place a higher priority on package designs that are recyclable, lightweight, and cost effective. It is anticipated that the expanding prohibition on single-use plastics and consumer desire for environmentally friendly packaging solutions will spur the expansion of two piece cans. Two-piece cans are expected to be used more often in prepared foods, canned fruits, and vegetables as urbanization raises consumer demand for convenient, durable products. The increasing usage of two piece can printing technologies and high speed manufacturing lines is expected to spur growth as companies look for aesthetically beautiful and customized package formats. As businesses look for long lasting and aesthetically pleasing metal packaging options, there will likely be a significant increase in demand for two-piece cans of deodorants, hair sprays, and other aerosol based cosmetics. As pharmaceutical businesses prioritize safe and hygienic packaging designs, there is an increasing likelihood that the use of two-piece cans for medical sprays and inhalers will increase. However, the 2 piece packaging cans high production and raw material costs are likely going to restrict market expansion.
The aluminum segment dominated the market in 2024 with 54% and is projected to grow at a substantial CAGR during the forecast period.
Based on the material type, the 2 piece packaging cans market is divided into aluminum, steel, and others. Among these, the aluminum segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated because of its lightweight design, exceptional resistance to corrosion, recyclability, and superior ability to maintain product freshness. It is perfect for food and drinks, and industry and consumer preferences are fueling its further expansion.
The food & beverages segment accounted for the largest share in 2024 with 57.4% and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the 2 piece packaging cans market is divided into food & beverages, pharmaceuticals, personal care & cosmetics, and others. Among these, the food & beverages segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted because packaged foods, energy drinks, and ready-to-drink beverages are becoming more and more popular. Urbanization, shifting customer preferences for safe, long lasting, and easy packaging, and shifting lifestyles all contribute to its expansion.
North America is expected to hold the majority share with 37.5% of the global 2 piece packaging cans market during the forecast period.
Get more details on this report -
North America is expected to hold the majority share with 37.5% of the global 2 piece packaging cans market during the forecast period. The 2 piece packaging cans market in the North America is driven because of the widespread use of packaged foods and beverages, sophisticated production facilities, the dominance of major industry players, and the rising demand from consumers for easy and environmentally friendly packaging options.
Asia Pacific is anticipated to grow at the fastest pace with 7.5% in the global 2 piece packaging cans market during the forecast period. The 2 piece packaging cans market in the Asia Pacific is bolstered because of increased disposable incomes, fast urbanization, the need for processed foods and packaged beverages, improved manufacturing capacity, and the expanding use of convenient and sustainable packaging in emerging nations.
Europe is the market leader for two-piece packaging cans because of its stringent environmental laws that encourage recyclable packaging, its highly conscious consumers, its robust food and beverage industry, and its well established manufacturers who are investing in cutting-edge can technologies.
Major vendors in the global 2 piece packaging cans market are Ball Corporation, Crown Holdings Inc., Ardagh Group S.A., Silgan Holdings Inc., Toyo Seikan Group Holdings Ltd., Huber Packaging Group GmbH, Kian Joo Can Factory Berhad, MIVISA Envases S.A.U., CPMC Holdings Limited, Massilly Group, Grupo Zapata, Pacific Can, DS Container, Shengxing Group, Chumboon, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In January 2024, Ardagh Group signed a supply agreement with Novelis to receive aluminium sheet for beverage can production in North America.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the 2 piece packaging cans market based on the below-mentioned segments:
Global 2 Piece Packaging Cans Market, By Material Type
- Aluminum
- Steel
- Others
Global 2 Piece Packaging Cans Market, By Application
- Food & Beverages
- Pharmaceuticals
- Personal Care & Cosmetics
- Others
Global 2 Piece Packaging Cans Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?