Bisphenol A (BPA) Free Cans Market Forecasts to 2028 – Global Analysis By Product Type (2-Piece, 3-Piece, Monobloc), Material (Plastic, Aluminum, Steel), Application (Personal Care & Homecare, Beverages) and By Geography
According to Stratistics MRC, the Global Bisphenol A (BPA) Free Cans Market is accounted for $6,482.62 million in 2020 and is expected to reach $10,410.55 million by 2028 growing at a CAGR of 6.1% during the forecast period. Growing awareness regarding health and hygiene issues of packed food products and increasing per capita disposable income in developing countries are the major factors propelling the market growth. However, the availability of substitutes at reasonable prices by local manufacturers is hampering the market growth.
Bisphenol A (BPA) is a chemical that has been used for decades to create hard plastics and epoxy resins. Bisphenol A (BPA) is used for lining metal cans and in polycarbonate plastics, such as baby bottles, sippy cups, food storage wrap, and food packaging. BPA is also an endocrine disruptive chemical (EDC), which can cause adverse health effects by interfering with normal hormone systems. BPA-free cans are which do not contain Bisphenol-A coating and are labeled as BPA-free cans.
Based on the product, the monobloc segment is estimated to have a lucrative growth due to it being an ideal form of packaging for spray dispensing compressed gas and gasless products. The world figures prove that this form of packaging is to grow further in the future with wide applications in varied industries, like cosmetics and toiletries, pharmaceuticals, insecticides, and the industrial sector.
By geography, the Asia Pacific is going to have a huge demand during the forecast period due to rising demand for BPA-free cans from the cosmetic & personal care, healthcare, and food & beverage industry. Increasing economy and rising concerns regarding health are expected to fuel the BPA-free cans market growth.
Some of the key players profiled in the Bisphenol A (BPA) Free Cans Market include Ball Corporation, Crown Holdings Inc., Toyo Seikan Co. Ltd., Ardagh Group, Huber Packaging Group GmbH, CCL Industries Inc., PPG Industries Inc., Silgan Containers LLC, Can-Pack Group, DowDupont Inc., Kian Joo Group, CPMC Holdings Limited, The Valspar Corporation, Kangnam Jevisco Co., Ltd, The Sherwin-Williams Company, Marigold Health Foods Limited, and The Coco Coast Company.
Estimated Market Size in 2020:
USD 6,482.62 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 10,410.55 million
Tables, Graphs & Figures
Product Type, Capacity, Material Type, Packaging Type, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Product Types Covered:
• Less Than 250 ML
• 250-500 ML
• 500-1,000 ML
• Above 1,000 ML
Material Types Covered:
Packaging Types Covered:
• Bowl Cans
• Round Cans
• Shape Cans
• Personal Care & Homecare
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Bisphenol A (BPA) Free Cans Market is majorly driven by the growing awareness regarding health and hygiene issues of packed food products and increasing per capita disposable income in developing countries.
The monobloc segment is growing at the highest CAGR due to it is an ideal form of packaging for spray dispensing compressed gas and gasless products.
North America dominated with a significant market share due to the rapid shift in the consumer’s preferences towards chemical free products.
Asia Pacific market is growing at the highest CAGR due to the high consumption of ready to eat foods.
Key players in Bisphenol A (BPA) Free Cans Market include Ball Corporation, Crown Holdings Inc., Toyo Seikan Co. Ltd., Ardagh Group, Huber Packaging Group GmbH, CCL Industries Inc., PPG Industries Inc., Silgan Containers LLC, Can-Pack Group, DowDupont Inc., Kian Joo Group, CPMC Holdings Limited, The Valspar Corporation, Kangnam Jevisco Co., Ltd, The Sherwin-Williams Company, Marigold Health Foods Limited, and The Coco Coast Company.
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