composite cans market is expected to rise to an estimated value of USD 6948.15 million by 2026, registering a substantial CAGR of 6.59% in the forecast period of 2019-2026. Rising usage of composite cans in daily household products and affordable price of these cans are the factor for the growth of this market. Rising demand of the composite cans from the packaging industry is driving the market growth Increasing demand for recycled products among population is another factor driving market Availability of tamper- conspicuous dispenser and child- contrary tops for the product security is important factor driving the market growth Increasing usage of these cans for the packaging of dry beverages like tea and coffee is driving the growth of this market

Composite cans or combi containers are the solid cylindrical containers which are made from the different layers like metals, plastics and paperboard. Convolute winding, spiral winding and linear draw are some of the common production types. These cans are usually light in weight and are flexible in nature. These cans are widely used in the industries like agriculture, food and beverages, industrial good, personal care etc. Changing customer desires for convenience packaging is restraining the market growth.

Global composite cans market By Production Type (Convolute Winding, Linear Draw, Spiral Winding), Closure Types (Lids, Caps), Diameter Covered (Less than 50 mm, 50mm-100mm, 100mm & above), End- User (Agriculture, Consumer Goods, Food &Beverages, Industrial Goods, Personal Care &Cosmetics, Textiles and Apparels), Material (Metal, Paperboard, Plastics), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Segmentation: Global Composite Cans Market:
By Closure Types:
Lids
Aluminum Membrane
Plastic Membrane
Paperboard Ends
Caps
Snap On
Plug

By Production Type:
Convolute Winding
Linear Draw
Spiral Winding

By Diameter Covered:
Less than 50 mm
50mm-100mm
100mm & above

By Material:
Metal
Paperboard
Plastics

Global Composite Cans Market Scope and Market Size:
Competitive Analysis: Global Composite Cans Market:
Global composite cans market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of composite cans market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market:
In March 2019, A&R Carton announced the launch of their new small-sized fiber content composite cans which is specially designed to replace plastics containers. They are designed for the products like snacks, chewing gums, nutritional supplements and powders. They are flexible in nature which make it suitable for many products and also reduces the use of fossil based plastics.
In February 2019, VPK Packaging announced that they have acquired Corenso so that they can strengthen their position in the market. This acquisition will help the VPK to acquire corenso’s two coreboard mills in Finland and France and 13 conversion plants. This acquisition will help the company to expand their business worldwide.

Key Market Competitors: Global Composite Cans Market:
Few of the major competitors currently working in the global composite cans market are Quality Container Company, Amcor Limited, Irwin Packaging, COREX Group, Smurfit Kappa, Ace Paper Tube, Kunert Gruppe, Nagel Paper, Sonoco Products Company, Mondi, Canfab Packaging Inc., Compocan Industries.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Global Composite Cans Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors Global Composite Cans Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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