2 Piece Can Market Report 2024 (Global Edition)

Global 2 Piece Can Market Report 2024 Market Size Split by Type (Steel, Aluminum), by Manufacturing Process (Draw-redraw process, Draw-and-iron process), by Applications (Food & beverages, Spices, Pai...

2 Piece Can Market Report Description

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2 Piece Can Market Insights Video

Competitive Landscape of the Two Pieces Can Market

The competitive landscape of the two-piece can Market is characterized by intense competition among established manufacturers and emerging players vying for market share. Key players leverage their extensive experience, technological expertise, and global presence to develop innovative solutions that meet the diverse needs of pharmaceutical manufacturers worldwide.

In January 2024, the company's packaging coatings division launched the first two products in its new AccelstyleTM series, designed for the exterior of traditional two-piece aluminum beverage cans and free of bisphenols, styrene, and PFAS (per- and polyfluoroalkyl substances). These include the May 2023 launch of AccelShield 700, the first BPx-NI* (intentionally non-bisphenol added) liner for beverage can lids that meet U.S. Food and Drug Administration (FDA) and EU regulations.

(Source: https://aluminiumtoday.com/news/european-aluminium-producers-to-boost-the-circularity-of-beverage-cans)

Top Companies Market Share in 2 Piece Can Industry: (In no particular order of Rank)

• Amcor plc
• Silgan Holdings
• Inc.
• Ardagh Group
• Berry Plastics Corp.
• Plastipak Holdings
• Inc.
• Sonoco Products Company
• Graham Packaging Company
• Inc.
• Weener Plastics
• Ball Corp.
• Tetra Pak
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Two Piece Can Market

Which Region Dominates the Two Piece Can Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. This region's strong market presence can be attributed to several factors, including the fast-paced lifestyle of many consumers drives the demand for convenient food options, including canned foods. Canned foods offer a quick and easy solution for meal preparation, especially for individuals and families with hectic schedules. The convenience factor, coupled with a longer shelf life, makes canned foods a popular choice for busy households.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the two-piece Market due to several compelling reasons. In the Asia Pacific region, rapid urbanization and Westernization have contributed to the adoption of canned foods as part of modern dietary habits. Urban consumers, especially in densely populated cities, seek convenient and time-saving food options due to busy lifestyles and limited kitchen space. Canned foods, including vegetables, fruits, and ready-to-eat meals, cater to these preferences by offering convenience and versatility.

The current report Scope analyzes 2 Piece Can Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

North America 2 Piece Can

According to Cognitive Market Research, the global two-piece can Market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the two-piece can Market, with a market size of USD XX million in 2024, and is projected to grow at a CAGR of 3.3% during the forecast period. This growth trajectory is driven by many canned food manufacturers that have responded to this trend by offering products with reduced sodium, no added sugars, and organic or natural ingredients.
• The Canada two piece can Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. The perception of canned foods as a nutritious and convenient option has contributed to their popularity among health-conscious consumers.
• The Mexico two piece can Market is projected to witness growth at a CAGR of 4.0% during the forecast period with a market size of USD XX million in 2024.

Europe 2 Piece Can

According to Cognitive Market Research, the global two-piece Market size was estimated at USD XX Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024. It will grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

• The United Kingdom two piece can Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.6% during the forecast period. Canned foods such as soups, stews, and seafood are popular staples in many European cuisines and households. Manufacturers often cater to local tastes and preferences by offering a wide variety of canned products that align with European culinary traditions.
• The France two piece can Market is projected to grow at a CAGR of 3.0% during the forecast period, reaching a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany two piece can Market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Advances in packaging technologies have led to more sustainable and recyclable packaging options for canned foods, appealing to eco-conscious consumers.
• The Italy two piece can Market is projected to grow at a CAGR of 3.2% during the forecast period, reaching a market size of USD XX million in 2024.
• The Russian two piece can Market is projected to grow at a CAGR of 2.8% during the forecast period, reaching a market size of USD XX million in 2024.
• The Spanish two piece can Market is projected to grow at a CAGR of 2.9% during the forecast period, reaching a market size of USD XX million in 2024.
• The Luxembourg two piece can Market is projected to grow at a CAGR of 3.9% during the forecast period, reaching a market size of USD XX million in 2024.
• The Portugal two piece can Market is projected to grow at a CAGR of 3.6% during the forecast period, reaching a market size of USD XX million in 2024.
• The Greece two piece can Market is projected to grow at a CAGR of 4.1% during the forecast period, reaching a market size of USD XX million in 2024.
• The rest of Europe's two-piece can Market is projected to witness growth at a CAGR of 2.5% during the forecast period with a market size of USD XX in 2024. 

Asia Pacific 2 Piece Can

According to Cognitive Market Research, the global two-piece can Market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

• According to Cognitive Market Research, the China two piece can Market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. This growth trajectory is driven by several factors, including the rise of disposable incomes and the expansion of the middle class in many Asian countries have fueled demand for premium and imported food products, including canned foods.
• The Japan two piece can Market is projected to grow at a CAGR of 6.8% during the forecast period, reaching a market size of USD XX million in 2024.
• The India two piece can Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 9.1% during the forecast period. Several factors drive this growth trajectory, As consumers become more affluent, they are willing to pay a premium for higher-quality and branded canned foods perceived as safer, healthier, and more convenient.
• The South Korean two-piece can Market is projected to grow at a CAGR of 6.4% during the forecast period, reaching a market size of USD XX million in 2024.
• The Australia two piece can Market is projected to grow at a CAGR of 7.0% during the forecast period, reaching a market size of USD XX million in 2024.
• The South East Asia two piece can Market is projected to grow at a CAGR of 8.3% during the forecast period, reaching a market size of USD XX million in 2024.
• The Rest of the Asia Pacific two piece can Market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD XX million in 2024. 

South America 2 Piece Can

According to Cognitive Market Research, the global two-piece can Market size was estimated at USD XX Million, out of which the Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024. It will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil two piece can Market was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Rapid urbanization and changing lifestyles in Latin America have led to increased demand for convenient and ready-to-eat food options, including canned foods.
• The Argentina two piece can Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.6% during the forecast period. As more people move to urban areas and adopt modern lifestyles, there is a growing preference for packaged and processed foods that require minimal preparation.
• The Colombia two piece can Market is projected to grow at a CAGR of 4.5% during the forecast period, reaching a market size of USD XX million in 2024.
• The Peru two piece can Market is projected to grow at a CAGR of 4.9% during the forecast period, reaching a market size of USD XX million in 2024.
• The Chile two piece can Market is projected to grow at a CAGR of 5.0% during the forecast period, reaching a market size of USD XX million in 2024.
• The Rest of the Latin America two piece can Market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD XX million in 2024. 

Middle East and Africa 2 Piece Can

According to Cognitive Market Research, the global two-piece can Market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

• The GCC Countries' two piece can Market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD XX million in 2024. In many parts of Africa, where access to fresh food may be limited due to factors such as climate, infrastructure, and economic challenges, canned foods play a crucial role in ensuring food security and nutrition.
• The Egypt two piece can Market is projected to grow at a CAGR of 5.3% during the forecast period, reaching a market size of USD XX million in 2024.
• The South African two piece can Market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD XX million in 2024. Canned foods with long shelf life provide a reliable source of nutrition, especially during periods of scarcity or emergencies. Additionally, canned foods are often distributed as part of food aid programs and humanitarian relief efforts to address hunger and malnutrition in vulnerable communities.
• The Turkey two piece can Market is projected to grow at a CAGR of 4.5% during the forecast period, reaching a market size of USD XX million in 2024.
• The Nigeria two piece can Market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA two piece can Market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.

2 Piece Can Market Analysis

Two Pieces Can Market Type Segment Analysis

According to Cognitive Market Research, Steel stands out as the dominating category. Steel cans can be easily customized with printing, embossing, and other decorative techniques, allowing brands to create eye-catching packaging designs and enhance brand visibility. Steel cans are sturdy and can withstand high pressures, making them suitable for carbonated beverages and other products that require robust packaging.

Aluminium emerges as the fastest-growing category in the two piece can Market. Aluminum cans provide excellent barrier properties, protecting the contents from light, oxygen, and other external factors, which helps maintain product freshness and shelf life.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of 2 Piece Can Industry. Request a Free Sample PDF!

Two Pieces Can Market Manufacturing Process Segment Analysis

According to Cognitive Market Research, the Draw-redraw process stands out as the dominating category. In the draw-redraw process, a flat metal sheet is first drawn into a cup shape using a punch and die set. This cup is then redrawn to increase its height or diameter, depending on the desired dimensions of the can. After the initial drawing, the cup undergoes a redrawing process where it is placed into another die and redrawn to achieve the final shape and dimensions of the can.

Draw-and-Iron Process emerges as the fastest-growing category in the two piece can Market. The draw-and-iron process is used primarily for the manufacturing of steel cans, particularly for larger cans such as food cans. In this process, a flat metal sheet is drawn into a cup shape, similar to the draw-redraw process.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the 2 Piece Can market report 2024 Edition by contacting our team.

2 Piece Can Applications Segment Analysis

According to Cognitive Market Research, Food & beverages stand out as the dominating category. Cans are widely used in the food and beverage industry for preserving various products and extending their shelf life. Foods such as fruits, vegetables, soups, meats, and seafood are often canned to prevent spoilage and maintain freshness over an extended period. The canning process involves sealing food items in airtight containers, which prevents the growth of bacteria, yeast, and molds, thereby preserving the quality and safety of the contents. This preservation method ensures that consumers can enjoy a wide variety of foods year-round, regardless of seasonality or geographical location.

Spices emerge as the fastest-growing category in the two piece can Market. Cans are commonly used for packaging and storing spices due to their ability to preserve the flavor, aroma, and potency of these aromatic ingredients. Spices contain volatile compounds that can degrade over time when exposed to air, light, moisture, and heat. Canning provides an effective barrier against these environmental factors, ensuring that spices retain their freshness and intensity for an extended period. This preservation method allows consumers to enjoy the full flavor profile of spices, enhancing the taste and aroma of their culinary creations.

• Food & beverages
• Spices
• Paints
• Brewery
• Aerosols
• Other products

2 Piece Can End Use Industry Segment Analysis

According to Cognitive Market Research, the dominating category is the Food and Beverage Industry. Cans are widely utilized in the food and beverage industry for packaging various products, including fruits, vegetables, soups, sauces, beverages, and more. The primary function of cans in this sector is to preserve the freshness, flavor, and nutritional value of food and beverage items. The airtight seal provided by cans helps prevent contamination, oxidation, and spoilage, thereby extending the shelf life of perishable goods. Additionally, it can offer protection against light, moisture, and temperature fluctuations, ensuring that products maintain their quality from production to consumption.

The fastest-growing category in the two piece can Market is the Paints and Coatings Industry. Cans serve as primary packaging containers for various paints, coatings and related products in the paints and coatings industry. Metal cans, typically made of steel or aluminum, provide robust and reliable packaging solutions for liquid and powder formulations. These cans are designed to withstand the chemical properties of paints and coatings, as well as the rigors of storage, transportation, and handling. The airtight seal and tamper-evident features of cans help maintain the integrity of paint and coating products, preventing leakage, contamination, and evaporation.

• Food & beverage industry
• Paint & coating industry
• Consumer goods
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

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I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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