Global BPA Free Cans Market by material type (Plastic, Aluminium, and Steel), by capacity (Less than 250 ml, 250-500 ml, 500-1000 ml, and Above 1000 ml), by end use industry (Food and Beverage, Pharmaceuticals, Personal and Home care, and Others), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)” Global BPA Free Cans Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Major driving factors of the market are growing awareness regarding health and food safety. Rising usage of BPA free cans in end-use industries such as cosmetic & personal care, pharmaceutical, and food & beverages industry is propelling the BPA free cans market growth. Various government taking strict action regarding usage of BPA based product is also fuelling the BPA free cans market across the globe due to lead is a toxic metal, which is harmful.
High quality of products, the rise in the economy, cost efficiency, and changing consumer preferences for packaging are other driving factors of the BPA free cans market. In addition, the booming food and beverage sector is raising the demand for BPA free cans due to a growing need for storage and trade numerous food items and products are projected to lead the BPA free cans market growth. However, BPA has featured such as prevents corrosion and it is a major ingredient, which is used in the industrial chemical is act as restraint to the BPA free cans market.
Steel segment is leading the BPA free cans market.
Steel is anticipated to boost the BPA free cans market. Steel cans have features such as high durability and better food safety is expected to surge the BPA free cans market growth during the forecast period. Plastic cans are estimated to generate the highest CAGR during the forecast period owing to easy availability.
Food & beverages segment is leading the BPA free cans market.
Food and beverage segment is expected to hold the largest share in the BPA free cans market during the forecast period. Personal and Homecare segment is also expected to lead the BPA free cans market growth during the forecast period owing to growing disposable income of the middle-class population and increasing awareness regarding personal care.
North America is the leading regional market for BPA free cans market.
North America is expected to hold the largest share in BPA free cans market during the forecast period. Growing demand for clean label products in North America is surging the BPA free cans market growth. High concerns regarding health and food safety are boosting the BPA free cans market growth. Asia Pacific is estimated to generate highest CAGR in the BPA free cans market during the forecast period due to increasing disposable income of consumers and increasing concerns regarding health among the consumers. Rising demand for BPA free cans from the cosmetic & personal care, healthcare, and food & beverage industry.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are Ball Corporation, Crown Holdings Inc., Toyo Seikan Co. Ltd., Ardagh Group, HUBER Packaging Group GmbH, CCL Industries Inc., PPG Industries Inc., Silgan Containers LLC, CAN-PACK Group, DowDupont Inc., Kian Joo Group, CPMC Holdings Limited, The Valspar Corporation, and Kangnam Jevisco Co., Ltd.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the BPA free cans market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the BPA free cans market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain BPA free cans market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Global BPA Free Cans Market”.
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