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Room to Grow for Can Market

Even with the current addition of new plants and expanding production lines, there is plenty of room for growth in the market.

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As previously reported in a July Packaging World article, a can shortage brought on by supply chain issues and a change in buying patterns due to COVID-19 has effected product offerings and time-to-market. And according to a new report by Rabobank, demand will continue to grow, and there will continue to be a need for investment to increase supply.

Quenching North America’s Thirst for Cans,” points out that PET substitution had for many years caused a flat demand for cans. This trend had started to shift upward over the last two years, brought on by design innovations in the areas of closures, printing capabilities, and can sizes. Consumer preference for smaller portions, convenience, and sustainability were also increasing demand, as was an improvement in services such as mobile canning and smaller off-take in volume that attracted smaller players (think craft brew).


See: First Enhanced Water to Pioneer Aluminum Cans

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