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Packaging in broad terms means the technology of enclosing a product for storage, distribution, sale, and use. Metal can packaging is one of the types of packaging. A metal can is a container for the storage and distribution of goods, and is composed of thin metal, usually steel or aluminum. These metal cans hold a wide range of products such as food, beverages, oils, and chemicals. Due to the many benefits associated with metal cans such as long shelf life, recyclability, biodegradability, UV ray and bacterial protection, excellent printability, and its ability to retain the flavor and aroma of the contents, they are highly preferred by consumers over other traditional packaging materials such as glass and plastic. In addition, the high recycling and recovery rate is a major factor driving the growing demand for metal cans.
TechNavio's analysts forecast the Global Food and Beverage Metal Can market will grow at a CAGR of 3.01 percent and 3.22 percent with respect to revenue and volume, respectively, over the period 2013-2018.
Covered in this Report
The Global Food and Beverage Metal Can market can be divided into two segments: Food Cans and Beverage Cans.
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