Monday, June 11, 2018

Composite Cans Market is segmented on the basis material type, product type, applications type and end use type


Composite Cans Market: Introduction:

Paper packaging accounts for more than 400 million metric tons of production, of which composite cans hold a significant share of paper packaging. Composite cans are cylindrical shape containers which have a body made of several layers of metal and paper. Traditionally, plastic and metal cans were used to store food, medicine, and cosmetic items, but with the invention of composite cans it ensured cost effective packaging and also have less impact on the environment by substituting plastic pouches and plastic cans. The growth of food and beverage, pharmaceutical, personal care and healthcare have fueled up the demand for composite cans packaging market, of which food industry account a significant share of application in composite cans market.

Composite cans are characterized to render barrier properties against oxygen, water vapors, light and odor which enhances the self-life of the product application. Moreover, manufacturers are preferring the paper form of composite cans packaging as it provides efficiency, cost effectiveness and has less backlash to the environment. One of the unique selling point of composite packaging as compared to other plastic and metal cans is that it has reduced weight and at the same time increased its durability and versatility of packaging. Region wise composite cans are predominantly sold in North America and Asia-Pacific market, as Asia Pacific market are projected to witness a steady growth over the projected period.

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Composite Cans Market – Market Dynamics:

Manufacturers of composite cans are adopting a distinctive strategy such as graphical design labels, aiding to appeal mass target audience. Along with this, technological product development is helping producers to enhance the product design by an easy peel off tops that acts as eye-catching in retail outlets. In regions of Asia pacific and the Middle-East a surging growth in organized retail outlets such as hypermarkets, supermarket has helped to boost the demand for composite cans containers. In addition, producers are propelled to increase the production capacity as manufacturing of composite cans comparatively uses less energy and lessen the impact on greenhouse gasses. On the flip side, paper and paperboard packaging have restricted the application use of food storage, as paper storage lessen the life of food products as compared to metal packaging.


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