Metal Cans Market 2021: Challenges, Growth Drivers
According to Market Research Future (MRFR), the global metal cans market is estimated to grow at a CAGR of 3.5% from 2017 to 2023 (forecast period). The report addresses the strengths, opportunities, challenges, and potential business risks and provides an extensive overview of the global market situation with the results of COVID-19. Metal cans were first introduced as metal packaging systems for alcoholic and non-alcoholic beverages at the beginning of the nineteenth century. As technology progressed, its scope of application grew to a range of end-use commodity packaging purposes, like chemicals, edible food & beverage items, and oil. Steel cans are mainly made up of materials such as aluminum, steel, and tin, which make up almost one-third of the metal packaging industry. The metal cans are lightweight and easy to stack. The biggest advantage of metal cans is that they are 100% recyclable without degrading the quality and sturdiness of the material. The current recycling