Top Companies in Food Can Market | Vantage Market Research Comprehensive Report with Core Analysis of Industry Key Players
Food canning is a food preservation technique that entails sealing and sterilizing food in airtight containers.
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Upcoming Trends in Food Can Market
The Global Food Can Market is valued at USD 27.9 Billion in the year 2021 and is projected to reach a value of USD 39.1 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 5.8% over the forecast period. The production of the Food Can has increased considerably owing to the developments in the technology and the innovative techniques that are used for the production of the Food Cans. The manufacturers are highly investing in the Research and Development (R&D) activities thus profiting from the growth of the market. Owing to the research, the manufacturing companies have found ways to improve their profit margin by reducing the number of raw materials that are required for production. The other significant factors that are supporting the growth of the market are a rise in the disposable income, availability of the Food Cans in various sizes, innovative branding, and marketing strategies, rapid urbanization and increasing purchasing power, the extended shelf life of the products, eco-friendliness and reusability, and increase in the e-commerce businesses. There are factors that will restrain the growth of the Food Can market among which one is the changing preference of the consumers towards healthy and fresh food products which declines the demand for the canned food products.
Some of the key players operating in Food Cans Market are listed below:
|
Company Name |
Revenue in USD |
|
$6 Million |
|
$13 Billion |
|
$94 Million |
|
$238 Million |
|
$6 Million |
|
$5 Billion |
|
$13 Billion |
|
$7 Billion |
|
$1 Billion |
|
$9 Million |
Irwin Packaging Pty Limited is located in MOOREBANK, NEW SOUTH WALES, Australia, and is part of the Converted Paper Product Manufacturing Industry. IRWIN PACKAGING PTY LIMITED has 100 total employees across all of its locations and generates USD7.66 million in sales (USD).
Founded in 1892, Crown Holdings, Inc., formerly Crown Cork & Seal Company, is an American company that makes metal beverage and Food Cans, metal aerosol containers, metal closures, and specialty packing. Founded in 1892, it is headquartered in Philadelphia, Pennsylvania. Listed in the New York stock market as CCK (NYSE). In 2020, the company generated revenue of 1.15 billion and has 33,264 numbers of employees working.
Independent Can Company is located in Belcamp, MD, United States, and is part of the Boiler, Tank, and Shipping Container Manufacturing Industry. Independent Can Company has 270 total employees across all of its locations and generates USD 90.37 million in sales (USD).
Founded in 1871, HUBER Packaging Group GmbH manufactures metal packaging products. The Company offers cans, pails, hobbocks, funnel bottles, drums, canisters, and metal box products. HUBER Packaging Group serves customers worldwide.
Toyo Seikan Group Holdings, Ltd. is a Japan-based packaging container manufacturing company. It became a holding company in 2013, taking the name Toyo Seikan Group Holdings Ltd. As of March 2013, the company has 78 subsidiary and nine affiliate companies.
Founded in 1899, Sonoco Products Company is a United States-based international provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company is listed as SON (NYSE) in the New York stock market. In 2020, the company generated revenue of USD 5.7 billion and has 21,000 employees working.
Amcor plc is a global packaging company. It develops and produces flexible packaging, rigid containers, specialty cartons, closures, and services for food, beverage, pharmaceutical, medical-device, home, personal care, and other products. The company is listed as AMCR (NYSE) in the New York stocks market. In 2020, the company generated revenue of USD 1.2 billion and has 46,200 employees working.
Ardagh Group is a Luxembourg-based producer of glass and metal products that have "grown in the past two decades into one of the world’s largest metal and glass packaging companies".
CPMC HOLDINGS LIMITED is a manufacturer of packaging products for a comprehensive range of consumer goods in China. We are one of the core business divisions under COFCO Group (a Fortune 500 company and our controlling shareholder), with more than 30 subsidiaries strategically located across China.
Allstate Can Corporation is located in Parsippany, NJ, United States, and is part of the Boiler, Tank, and Shipping Container Manufacturing Industry. Allstate Can Corporation has 86 total employees across all of its locations and generates USD19.26 million in sales (USD).
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