BPA Free Cans Market Size & CAGR (2024-2031)
The BPA Free Cans Market is expected to register a CAGR of 4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by material (plastic, aluminum and steel). The report further presents analysis based on end use industry (food and beverage, pharmaceuticals, personal and home care and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report BPA Free Cans Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
BPA Free Cans Market Segmentation
Material- Plastic
- Aluminum and Steel
- Food and Beverage
- Pharmaceuticals
- Personal and Home Care and Others
Strategic Insights
BPA Free Cans Market Growth Drivers- Health Concerns Drive Consumer Demand for BPA-Free Packaging: The awareness of health risks posed by bisphenol A has dominated the market. BPA exposure to other health-related issues has made consumers seek alternatives. Consequently, the demand for BPA-free cans has increased because consumers have come to value products that reduce health risks associated with food packaging.
- Stricter Regulations Push Manufacturers Toward BPA-Free Cans: There is an ongoing monitoring of the use of BPA by regulatory agencies and health institutions. In many countries, stricter regulations are being set on the usage of BPA, compelling manufacturers to opt for BPA-free cans.
- Sustainability and Eco-Friendly Goals Influence the Popularity of BPA-Free Cans: This trend is towards sustainable and friendly packaging solutions that do not harm the environment. Consumers are getting more conscious about the environmental implications of their purchases, giving preference to products that are not only good for health but also friendly to the environment. BPA-free cans tend to align with such sustainability goals because they are viewed as contributing to reducing hazardous chemicals in food packaging and the pursuit of a healthy environment.
- Innovations in Coatings Drive BPA-Free Cans Market: Recent innovations in the internal coating of cans have become a significant aspect of the BPA-free cans market. Manufacturers develop new, safer alternatives to the commonly used BPA-based coating on cans, using acrylics, polyesters, and other materials. The innovation carries further connotations of safety around canned products and improves performance, resists corrosion, and maintains sealing properties in the cans.
- Smart Packaging Technology Enhances Consumer Engagement: A trend influencing the BPA-free cans market is the advent of smart packaging technology. Companies increasingly include QR codes and NFC technology in their packs, making information regarding their product's safety or origin accessible to consumers.
- Sustainability and Eco-Friendly Materials Shape BPA-Free Cans Development: BPA-free cans are produced using biodegradable and eco-friendly materials. Research is being done on plant-based polymers and other sustainability-focused materials that eliminate BPA from the can and the environment. This shift indicates a more substantial commitment from the packaging industry towards sustainability and to consumer markets having more environmental awareness and meeting sustainability requirements in global markets.
- Advancements in Internal Coatings Enhance BPA-Free Cans: Recent innovations in the internal coating of cans have become a significant aspect of the BPA-free cans market. Manufacturers develop new, safer alternatives to the commonly used BPA-based coating on cans, using acrylics, polyesters, and other materials. The innovation carries further connotations of safety around canned products and improves performance, resists corrosion, and maintains sealing properties in the cans.
- Smart Packaging Technology Gains Traction in BPA-Free Cans: Another trend influencing the BPA-free cans market is the advent of smart packaging technology. Companies increasingly include QR codes and NFC technology in their packs, making information regarding their product's safety or origin accessible to consumers.
- Sustainability Focus Drives Development of Eco-Friendly BPA-Free Cans: BPA-free cans are produced using biodegradable and eco-friendly materials. Research is being done on plant-based polymers and other sustainability-focused materials that eliminate BPA from the can and the environment. This shift indicates a more substantial commitment from the packaging industry towards sustainability and to consumer markets having more environmental awareness and meeting sustainability requirements in global markets.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the BPA Free Cans Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the BPA Free Cans Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Integration of smart packaging solutions and advancement in coating technologies are expected to be the key market trends
Based on geography, North America held the largest share of the BPA free cans market due to high consumer awareness regarding health concerns associated with BPA, resulting in the increased demand for safer packaging options
Based on material, the plastic segment is expected to witness the fastest growth during the forecast period
Growing consumer health concerns and rising demand for sustainable packaging are driving the market growth
The Sherwin-Williams Company; CCL Industries; Ardagh Group; CAN-PACK Group; PPG Industries Inc are some of the key players operating in the BPA free cans market
The BPA Free Cans Market is estimated to witness a CAGR of 4% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 BPA Free Cans Market - By Material Type
1.3.2 BPA Free Cans Market - By End Use Industry
1.3.3 BPA Free Cans Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BPA FREE CANS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. BPA FREE CANS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BPA FREE CANS MARKET - GLOBAL MARKET ANALYSIS
6.1. BPA FREE CANS - GLOBAL MARKET OVERVIEW
6.2. BPA FREE CANS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BPA FREE CANS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
7.1. OVERVIEW
7.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLASTIC
7.3.1. Overview
7.3.2. Plastic Market Forecast and Analysis
7.4. ALUMINIUM
7.4.1. Overview
7.4.2. Aluminium Market Forecast and Analysis
7.5. STEEL
7.5.1. Overview
7.5.2. Steel Market Forecast and Analysis
8. BPA FREE CANS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.4. PHARMACEUTICALS
8.4.1. Overview
8.4.2. Pharmaceuticals Market Forecast and Analysis
8.5. PERSONAL AND HOME CARE
8.5.1. Overview
8.5.2. Personal and Home care Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BPA FREE CANS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America BPA Free Cans Market Overview
9.1.2 North America BPA Free Cans Market Forecasts and Analysis
9.1.3 North America BPA Free Cans Market Forecasts and Analysis - By Material Type
9.1.4 North America BPA Free Cans Market Forecasts and Analysis - By End Use Industry
9.1.5 North America BPA Free Cans Market Forecasts and Analysis - By Countries
9.1.5.1 Canada BPA Free Cans Market
9.1.5.1.1 Canada BPA Free Cans Market by Material Type
9.1.5.1.2 Canada BPA Free Cans Market by End Use Industry
9.1.5.2 Mexico BPA Free Cans Market
9.1.5.2.1 Mexico BPA Free Cans Market by Material Type
9.1.5.2.2 Mexico BPA Free Cans Market by End Use Industry
9.1.5.3 US BPA Free Cans Market
9.1.5.3.1 US BPA Free Cans Market by Material Type
9.1.5.3.2 US BPA Free Cans Market by End Use Industry
9.2. EUROPE
9.2.1 Europe BPA Free Cans Market Overview
9.2.2 Europe BPA Free Cans Market Forecasts and Analysis
9.2.3 Europe BPA Free Cans Market Forecasts and Analysis - By Material Type
9.2.4 Europe BPA Free Cans Market Forecasts and Analysis - By End Use Industry
9.2.5 Europe BPA Free Cans Market Forecasts and Analysis - By Countries
9.2.5.1 Germany BPA Free Cans Market
9.2.5.1.1 Germany BPA Free Cans Market by Material Type
9.2.5.1.2 Germany BPA Free Cans Market by End Use Industry
9.2.5.2 France BPA Free Cans Market
9.2.5.2.1 France BPA Free Cans Market by Material Type
9.2.5.2.2 France BPA Free Cans Market by End Use Industry
9.2.5.3 Italy BPA Free Cans Market
9.2.5.3.1 Italy BPA Free Cans Market by Material Type
9.2.5.3.2 Italy BPA Free Cans Market by End Use Industry
9.2.5.4 United Kingdom BPA Free Cans Market
9.2.5.4.1 United Kingdom BPA Free Cans Market by Material Type
9.2.5.4.2 United Kingdom BPA Free Cans Market by End Use Industry
9.2.5.5 Russia BPA Free Cans Market
9.2.5.5.1 Russia BPA Free Cans Market by Material Type
9.2.5.5.2 Russia BPA Free Cans Market by End Use Industry
9.2.5.6 Rest of Europe BPA Free Cans Market
9.2.5.6.1 Rest of Europe BPA Free Cans Market by Material Type
9.2.5.6.2 Rest of Europe BPA Free Cans Market by End Use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific BPA Free Cans Market Overview
9.3.2 Asia-Pacific BPA Free Cans Market Forecasts and Analysis
9.3.3 Asia-Pacific BPA Free Cans Market Forecasts and Analysis - By Material Type
9.3.4 Asia-Pacific BPA Free Cans Market Forecasts and Analysis - By End Use Industry
9.3.5 Asia-Pacific BPA Free Cans Market Forecasts and Analysis - By Countries
9.3.5.1 Australia BPA Free Cans Market
9.3.5.1.1 Australia BPA Free Cans Market by Material Type
9.3.5.1.2 Australia BPA Free Cans Market by End Use Industry
9.3.5.2 China BPA Free Cans Market
9.3.5.2.1 China BPA Free Cans Market by Material Type
9.3.5.2.2 China BPA Free Cans Market by End Use Industry
9.3.5.3 India BPA Free Cans Market
9.3.5.3.1 India BPA Free Cans Market by Material Type
9.3.5.3.2 India BPA Free Cans Market by End Use Industry
9.3.5.4 Japan BPA Free Cans Market
9.3.5.4.1 Japan BPA Free Cans Market by Material Type
9.3.5.4.2 Japan BPA Free Cans Market by End Use Industry
9.3.5.5 South Korea BPA Free Cans Market
9.3.5.5.1 South Korea BPA Free Cans Market by Material Type
9.3.5.5.2 South Korea BPA Free Cans Market by End Use Industry
9.3.5.6 Rest of Asia-Pacific BPA Free Cans Market
9.3.5.6.1 Rest of Asia-Pacific BPA Free Cans Market by Material Type
9.3.5.6.2 Rest of Asia-Pacific BPA Free Cans Market by End Use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa BPA Free Cans Market Overview
9.4.2 Middle East and Africa BPA Free Cans Market Forecasts and Analysis
9.4.3 Middle East and Africa BPA Free Cans Market Forecasts and Analysis - By Material Type
9.4.4 Middle East and Africa BPA Free Cans Market Forecasts and Analysis - By End Use Industry
9.4.5 Middle East and Africa BPA Free Cans Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa BPA Free Cans Market
9.4.5.1.1 South Africa BPA Free Cans Market by Material Type
9.4.5.1.2 South Africa BPA Free Cans Market by End Use Industry
9.4.5.2 Saudi Arabia BPA Free Cans Market
9.4.5.2.1 Saudi Arabia BPA Free Cans Market by Material Type
9.4.5.2.2 Saudi Arabia BPA Free Cans Market by End Use Industry
9.4.5.3 U.A.E BPA Free Cans Market
9.4.5.3.1 U.A.E BPA Free Cans Market by Material Type
9.4.5.3.2 U.A.E BPA Free Cans Market by End Use Industry
9.4.5.4 Rest of Middle East and Africa BPA Free Cans Market
9.4.5.4.1 Rest of Middle East and Africa BPA Free Cans Market by Material Type
9.4.5.4.2 Rest of Middle East and Africa BPA Free Cans Market by End Use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America BPA Free Cans Market Overview
9.5.2 South and Central America BPA Free Cans Market Forecasts and Analysis
9.5.3 South and Central America BPA Free Cans Market Forecasts and Analysis - By Material Type
9.5.4 South and Central America BPA Free Cans Market Forecasts and Analysis - By End Use Industry
9.5.5 South and Central America BPA Free Cans Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil BPA Free Cans Market
9.5.5.1.1 Brazil BPA Free Cans Market by Material Type
9.5.5.1.2 Brazil BPA Free Cans Market by End Use Industry
9.5.5.2 Argentina BPA Free Cans Market
9.5.5.2.1 Argentina BPA Free Cans Market by Material Type
9.5.5.2.2 Argentina BPA Free Cans Market by End Use Industry
9.5.5.3 Rest of South and Central America BPA Free Cans Market
9.5.5.3.1 Rest of South and Central America BPA Free Cans Market by Material Type
9.5.5.3.2 Rest of South and Central America BPA Free Cans Market by End Use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BPA FREE CANS MARKET, KEY COMPANY PROFILES
11.1. CPMC HOLDINGS LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. KANGNAM JEVISCO CO., LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. KIAN JOO CAN FACTORY BERHAD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. THE SHERWIN-WILLIAMS COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SILGAN CONTAINERS LLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CCL INDUSTRIES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ARDAGH GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TOYO SEIKAN CO. LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CAN-PACK GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PPG INDUSTRIES INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. CPMC Holdings Limited
2. KANGNAM JEVISCO CO., LTD.
3. Kian Joo Can Factory Berhad
4. The Sherwin-Williams Company
5. Silgan Containers LLC
6. CCL Industries
7. Ardagh Group
8. Toyo Seikan Co. Ltd.
9. CAN-PACK Group
10. PPG Industries Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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