Tin-plated cans Market - Size, Share, Growth, Trends, and Forecast 2018 - 2028
Albany, NY -- (SBWIRE) -- 05/15/2018 -- Tinplate is a thin steel sheet with a tin coating. Tinplate is one of the most common materials used for the production of metal cans, which serve the foodservice industry, and others. Tin-plated cans have been witnessing a steady growth in demand, which is attributed to several features such as an excellent barrier, good mechanical properties, and high moisture resistance, among others. The global push for the use of recyclable packaging solutions is expected to faciliate the growth in preference for packaging solutions such as tin plate cans. Tin plate cans are also used for storage and preservation of food by canning, which is regarded as one of the most efficient methods available.
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The collected numbers are primarily obtained from key tin-plated can manufacturers in the world, their product offerings, sales revenues in each market verticals. Sales revenue from tin-plated cans was estimated after comprehensive product mapping.The overall end use market size was determined, and the penetration of tin-plated cans was determined in eash of the end uses. The total value and demand for tin-plated cans was mapped in each end use industry, across the world.
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The global tin-plated cans market is expected to grow, in tandem with the changing consumer perceptions. The high adoption rate of on-the-go food and beverage consumptions habit is anticipated to be a key factor driving the growth of the global tin-plated cans market. One key trend observed among beverage packaging manufacturers is the reduction in size of pack. Cans have long been preferred as a safe means of food storage, as they have the ability to keep the food protected against moisture, insects, and microorganisms for a longer period of time.