2 Piece Cans Market – Major Revenue Gains are Expected by 2028

November 2, 2022 ankush 2 Piece Cans Market

Canned food products have become an essential part of every person’s diet, especially in developed regions. They serve great value in areas where refrigeration is limited or there is no means of refrigeration at all. There are two common types of cans that packagers use: two-piece and three-piece cans.

The significantly changing food industry has increased the demand for the food cans.

2 piece can is a packaging container with the bottom end and the body shaped from one sheet of metal by deep drawing, with a second end seamed to the can to close it and form a complete package for sale. As the whole can is composed of two pieces, it is known as the two-piece can.

2 piece can be produced by two manufacturing processes including

DRD cans or Drawn cans (Draw and Redraw cans: DRD cans) and
DWI or DI cans (Draw and Wall ironed cans)

2-Piece Cans are designed to keep the food packed inside fresh in taste, colour and be fully commercial sterility which is required for thermal processing (retort) before consumption. 2-piece cans are used to pack the instant food that is not required for thermal processing before consumption.

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2 piece requires up to 15% less material compared to 3 piece cans. And 2 piece cans provides much safer packaging solutions compared to 3 piece cans as the technology used for packaging drinks in 2 piece cans non-toxic, odorless and rust preventive.

Market Dynamics: 2 Piece Cans Market

Consumers use cans for a variety of purposes, it is the most widely used containers worldwide. It is estimated that about more than 100 million cans are consumed each day within U.S. only. The can manufacturing process has changed remarkably since its beginning.

The labor-intensive industries some years ago, now have been replaced by automated means, and produces billions of cans per year. Raw materials and energy accounts for the largest share of the variable 2 piece can production. Also, the prices of aluminum and steel plates, sheets readily change. With the surge of import and export of steel since last decades, the cost of steel has dropped.

It creates an opportunity for the manufacturers looking forward to investing in the 2 piece cans production. Also, 2 piece cans have various advantages over other types of cans, some of the benefits are-

The body has no seam between the body and has no side seam, and it allows can to be tightly sealed with low consumption of raw materials.
The 2 piece can body can be entirely printed and decorated.
The process of manufacturing is easy and efficient.

Also, these 2 piece cans are hermetically sealed containers designed to keep food inside fresh in texture and taste. These factors are expected to drive the growth of global 2 piece cans market over the forecast period.

The sources which have been used to validate the estimated market size include annual reports of key market players, industry journals & magazines, research papers, and other relevant data available in the public domain. Primary sources referred include focused discussions with C level executives, distributors, independent consultants, and key industry experts, among others.

Facts about Can Recycling

Among materials which are used for the manufacturing of 2 piece cans, aluminum is expected to be the most sustainable package. Aluminum cans have a higher recycling rate and it has more recycled content than other competing packaging types. The below exhibit represents the advantage of aluminum over other beverage packaging types and comparative analysis on the basis of recycling rate.

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Companies operating in the 2 piece cans market

Tier 1 Companies in 2 piece cans market, revenue above US$ 100 Mn:

Ardagh Group
Ball Corporation
Silgan Containers LLC
Crown Holdings Inc.

Tier 2 Companies 2 piece cans market, between US$ 50 Mn – US$ 100 Mn:

Pacific Can China Holdings Limited
Helvetia Packaging
Nampak
Bway Corporation
DS Containers
ITW Sexton
Metal Packaging Europe
Anheuser-Busch Inc.

Tier 3 Companies 2 piece cans market, revenue below US$ 50 Mn:

Royal Can Industries Company Limited
Baosteel Co. Ltd.
Scan Holdings
Daiwa Can Company
Rocky Mountain Metal Container
Touo Seikan Co. Ltd.
Rocky Mountain Metal Container
Gebrüder Leonhardt GmbH & Co.

Some facts and figures

In Japan, the market share for the 2 piece can is more than 80%, and is continuously growing. The demand for the 3 piece cans have been declining as the end user industries are looking for light weight can in order to cut down costs.
During the last decade, the production capacity of 2 piece cans in Korea was 5 billion cans, a 95% share in the beverage can market. Over the past years, the demand for 2 piece cans among the beverage suppliers has increased enormously.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Segmentation

The 2 piece cans market has been segmented on the basis of material used, manufacturing process used, application and end use industry.

On the basis of material used, the global 2 piece cans market has been segmented as: