GCC Aluminium Cans Market

GCC Aluminium Cans Market Overview:

The GCC aluminium cans market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Aluminum cans are tin packaging containers used for storing solid and liquid materials. They are coated with epoxy lacquer and polymer, which assists in avoiding corrosion of the metal by acidic ingredients. They are durable, stackable, easy to handle, and can be molded into various shapes and sizes. They are also non-toxic, thermally conductive, and resistant to moisture, light, and air. They aid in preserving flavors and extending the shelf life of the packaged products. At present, due to the rising environmental impact, there is a shift towards sustainable and recyclable packaging solutions like aluminum cans acros the GCC region.

Aluminum cans are employed in the food and beverage (F&B) industry for packing various products, such as soft drinks, shakes, coffee, juices, wines, beer, and soups. This, coupled with the increasing consumption of canned food and ready-to-drink beverages on account of the busy lifestyles of individuals, represents one of the major factors bolstering the market growth in the GCC region. Moreover, the growing sales of personal care and cosmetic products, such as perfumes is driving the demand for aluminum cans in the region. In addition, the rising awareness about the benefits of using aluminum cans as compared to other packaging solutions is contributing to the market growth. Apart from this, the increasing utilization of aluminum cans in the packaging of drugs to minimize the risk of contamination, along with significant growth in the pharmaceutical industry, is propelling the market growth in the GCC region. Furthermore, key players are introducing chemical and bisphenol-A free (BPA) aluminum cans to reduce waste and conserve natural resources. Besides this, there is a rise in the adoption of smart packaging solutions that are integrated with advanced technologies, such as quick response (QR) codes, barcodes, and radio frequency identification (RFID) tags on aluminum cans. These advancements enable tracking and traceability and provide information about the product and its sustainability credentials, which is creating a positive outlook for the market in the region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC aluminium cans market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC aluminium cans market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC aluminium cans market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC aluminium cans market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC aluminium cans market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC aluminium cans market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC aluminium cans market industry. Furthermore, the value chain analysis of the GCC aluminium cans market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Market Segments:

The GCC aluminium cans market has been analysed as followed:

Segmentation by Type:

• Beverages
• Food
• Others

Segmentation by Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Aluminium Cans Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customization:

The GCC aluminium cans market report can be customized as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.