Albany, New York, December 21, 2018: In 2017, the global market for composite cans was valued at $3,597.2 million. The market is projected to grow at a CAGR of more than 5% during the forecast period 2018 – 2026.
Factors such as cost-effectiveness, versatility, user-friendly, eco-friendly (since it’s mostly made from recycled materials), and durability are propelling the growth of the composite cans market during the estimated period.
The aforementioned insights are taken from a report titled, “Composite Cans Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” included recently to the extensive repository of the Market Research Reports Search Engine’s (MRRSE).
Composite cans market has a lot of scope to grow in the near future owing to the product’s characteristics such as high heat resistance, increased shelf-life, and impressive interlaminate bond strength. Moreover, factors such as light weight and appealing designs will further drive the market growth for composite cans.
Composite cans market is divided into various segments such as production, end-use, applications, region, closure, and Can diameter. Based on production type, the market has been divided into Spiral Winding, Linear Draw, and Convolute Winding. Spiral Winding segment is expected to grow at a CAGR of nearly 6% for the forecast period 2018-2026. Based on Closure type, composite cans market is estimated to be valued at $2,081.5 million during the forecast period.
Composite Cans Market: Contents of the Report
Composite cans market research report includes the key dynamics, such as drivers, challenges, opportunities, and trends that affects the rise of the composite cans market. Besides the detailed assessment of the composite cans market, the report also provides information on various factors that drive popularity of composite cans market.
The report starts with an overview of the composite cans market, wherein an introduction to the market has been provided along with an accurate definition of the target area – composite cans. Furthermore, detailed analysis of the composite cans market on the basis of key segments is identified. The market is divided into five segments such as closure, production, Can diameter, end-use applications, and region. The segmental analysis helps the new entrants to study the composite cans market carefully and to use it to their advantage to form their business strategies.
Composite Cans Market: Assessment on Competitive Landscape
Various stakeholders strategies present in the market research report will help the readers and clients to take fact-based decisions. The report has briefly covered detailed analysis of the competitive landscape of the composite cans market, wherein a brief view of the key players involved in the market has been covered.
For the purpose of studying and analyzing competitors on the basis of their success and abilities in the composite cans market, segment-specific vendor insights is covered. Additionally, detailed profiles of key players in the market have been included in the report for studying their short-term and long-term expansion strategies. The market report is helpful for new entrants who are planning on entering the market.
Some of the key players of the composite cans market are Ace Paper Tube, Nagel Paper, Corex Group Tinpak, Sonoco Products Company, Quality Container Company, Smurfit Kappa, Mondi Group, and Amcor Ltd.
Browse Full Global Composite Cans Market Report with TOC : https://www.mrrse.com/composite-cans-market
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