Aluminium can is primarily composed of Aluminium that is processed into a single-use container for packaging. Due to their malleability, these cans can be easily squeezed into a variety of shapes.
The cans are the material of the future for sustainable packaging because of their high malleability, stackability, recyclability, and light weight.
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They are used in a variety of goods, including as chemicals and oil as well as food and beverage items like milk and sodas. Standard beverages aid in retaining the product’s freshness and flavour while keeping it cool.
Germany, United States, Mexico, China, and Czechia are top “aluminium can” producing countries.
Key Details About the Aluminium Can Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Aluminium Can price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Aluminium Can price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Aluminium Can Price Trend:
Aluminium cans are extensively employed in numerous products, including fragrances, soft drinks, and cosmetics because it is corrosion-resistant, lightweight, cost-effective, and also resistant to moisture, light, and air.
It is also used in various medications and is a crucial product in the packaging industry. The can is lined by spray coating to protect the aluminium from getting corroded due to acidic contents in it such as carbonated drinks.
Key Market Players:
- Ball Corporation
- Silgan Containers LLC
News and Events:
- September 13, 2022: Aluminum cans make up around one-third of all recycled materials in the USA and are the most valuable item in the country’s recycling system. Despite making up only 3% of the weight of the recyclables collected in the US, they produce around a third of the total value of all recycled materials.
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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