Market Share of Europe Metal Cans Industry
The barriers to exiting the market are high since the canned food manufacturers require a significant divestment of specialized assets, intensifying the competitive rivalry. Overall, the intensity of competitive rivalry in the market studied is high.
- January 2023- Ardagh Metal Packaging is expanding its extensive product portfolio for beverage brand clients by introducing a new 19.2 oz. (568 ml) beverage can. The new can size marks the first time an AMP 19.2 oz. (568 ml) and is anticipated to service significant growth in the single-serving channel.
- June 2022- Ball Corporation introduced the most environmentally friendly aluminum aerosol can, which contains only half the carbon impact of a typical can. It will support Ball's goal of achieving its science-based objectives for 2030 and net-zero emissions by 2050.
- June 2022- Crown Holdings Inc. stated that it would be constructing a 168,000 sq ft addition to the 355,000 sq ft plant currently being built at Commonwealth Crossing Business Centre to manufacture aluminum beverage cans. The corporation already committed to investing USD 145 million, and the expansion will increase by USD 20 million.
Europe Metal Cans Market Leaders
Ardagh Group S.A.
Crown Holdings, Inc.
Silgan Holdings Inc
*Disclaimer: Major Players sorted in no particular order