According to the latest report by IMARC Group, titled "India Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India aluminium cans market is expected to exhibit a CAGR of 5.85% during 2022-2027. Aluminium cans are containers that are generally used for storage purposes. They are usually lightweight and easy to stack, which makes them an efficient material for packing various types of food and beverages. Along with this, they provide a smooth metal canvas for labelling and printing necessary information while aiding in preserving the flavor and freshness of the product for an extended period of time. In India, there has been a considerable increase in the adoption of aluminium cans across multiple industries since aluminum exhibits superior rigidity and provides enhanced resistivity from ultraviolet (UV) rays and microorganisms.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Aluminium Cans Market Trends:
The market in India is primarily driven by the rising product demand from the food and beverages industry. With the increasing consumption of beverages and packaged foods among the masses, supported by the changing dietary patterns and shifting lifestyle preferences of individuals, this is creating a positive market outlook. In line with this, continuous improvements in the e-commerce infrastructure and the advent of online delivery models are significantly supporting the uptake of aluminium cans for packaging across the country. Additionally, several leading manufacturers and sellers are heavily investing in developing innovative packaging solutions for food and beverages, which is anticipated to provide an impetus to the uptake of aluminium cans. Moreover, the growing environmental concerns among the masses are further propelling their demand since aluminium can be easily recycled without degrading its quality. Other factors, including the escalating demand for single-serve beverages and the widespread adoption of product variants in the packaging of pharmaceutical products, are also positively influencing the market growth across India.
- On the basis of the application, the market has been segmented into beverages, food and others. At present, beverages account for the majority of the market share.
- Based on the region, the market has been divided into North India, West and Central India, South India, and East India. Currently, West and Central India represent the leading regions.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
IMARC’s 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 company’s expertise.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800