GCC Aluminium Cans Market Share, Growth Factors, Scope and Forecast Till 2026
According to IMARC Group’s latest report, titled “GCC Aluminium Cans Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC aluminium cans market is expected to exhibit moderate growth during 2021-2026. Looking forward, IMARC Group expects the GCC aluminium market to continue its robust growth during the forecast period (2021-2026).
Aluminium cans refer to single-use metal containers utilized for packaging various products, such as oils, chemicals, pharmaceutical items, etc., and storing them to preserve their quality and flavor. They are easier to transport with minimum spillage compared to plastic or glass containers and offer a more extended shelf-life. Aluminium cans support the carbonation required to package soda and can also endure pressures of up to 90 pounds per square inch. In addition, they assist in excellent corrosion resistance and provide protection against oxygen, fats, moisture, microorganisms, ultraviolet (UV) rays, etc. As a result, aluminium cans find widespread applications in the food and beverage (F&B) sector.
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GCC Aluminium Cans Market Trends:
The escalating consumption of carbonated liquids, sports drinks, and canned food is among the primary factors driving the GCC aluminium cans market. Besides this, the elevating innovations in the design and technology involved in beverage packaging are further augmenting the market growth. Apart from this, the rising focus on enhancing the product aesthetics by using various food-grade lacquers on the can surface is also catalyzing the market across GCC. Moreover, the inflating requirement for aluminium cans, as they are environment-friendly packaging items that can save more energy and be easily recycled, is acting as another significant growth-inducing factor. In line with this, the growing expatriate population, busy lifestyles, and the emerging trend of urbanization are also stimulating the market growth. Furthermore, the expanding awareness among consumers and manufacturers towards the importance of product sustainability is expected to bolster the GCC aluminium cans market in the coming years.
Competitive Landscape with Key Players:
The report has categorized the market based on application and region.
Breakup by Application:
- Beverages
- Food
- Others
Country Covered:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- 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.
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