IMARC Group, a leading market research company, has recently released a report titled India Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The study provides a detailed analysis of the industry, including the India aluminium cans market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the India Aluminium Cans Market?
The India aluminium cans market size reached 38.5 Billion Units in 2022. Looking forward, IMARC Group expects the market to reach 53.1 Billion Units by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
What is Aluminium Cans?
Aluminium cans aresingle-usemetal containers used for packaginga wide variety of products. In the food and beverages industry, they are employed in the packaging of carbonated drinks, coffee, fruit juices, and seafood. These cans provide longer shelf-life and are easier to transport and store as compared to plastic and glass containers. They also endure pressures of up to 90 pounds per square inch and support the carbonation pressure needed to package soda.
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What are the Growth Prospects and Trends in the India Aluminium Cans Industry?
With the rising demand for energy and sports drinks across the country, the aluminium cans market is witnessing steady growth in India. This can be attributed to inflating disposable incomes and improving standards of living. Apart from this, the increasing shift toward sustainable and convenient packaging options for various types of beverages has enhanced product demand. Aluminum is environmentally friendly, easy to recycle, and can be recovered several times, which makes it a sustainable packaging material. Moreover, the rising focus of beverage manufacturers on improving the aesthetics of their product offerings is further bolstering the aluminium made cans market growth. Furthermore, the demand for metal packaging is increasing, owing to the rising adoption of sustainability policies in the country, which is further expected to fuel the market growth in India during the forecast period.
What is Included in Market Segmentation?
The report has categorized the India aluminum cans market based on application and region.
Breakup by Application:
- Beverages
- Food
- Others
Regional Analysis:
- North India
- West and Central India
- South India
- East India
Who are the Key Players Operating in the India Aluminium Cans Market?
The competitive landscape of the aluminium cans industry has also been examined along with the profiles of the key players leading Indian market.
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
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