Analysis of the status quo of the operation of the can industry: the production enterprises of cans and the metal packaging enterprises affiliated to the food enterprises, the downstream applications of the metal packaging industry are widely used, and they are related to various fields such as national economic production and consumption. As an important branch of the packaging industry, metal packaging has the advantages of excellent barrier properties, long shelf life, easy automatic production, precise printing, various styles, and easy recycling. It is widely used in food and beverage, pharmaceutical products, daily products, instruments and meters , military supplies and other fields.
(1) Food and beverage industry: especially the soft drink industry and beer industry, which are the largest downstream consumer markets in the metal packaging industry. The continuous and steady growth of the downstream market has a direct effect on the market demand for metal packaging materials and the upstream packaging special equipment manufacturing industry.
According to statistics from CICC Enterprise Trust International Consulting: the global beverage can market will reach US$50 billion in 2021, and sales may grow at a compound annual growth rate of 8.5% from 2021 to 2031. With the effective control of the domestic new crown pneumonia epidemic in 2021 and the normalization of foreign epidemics, China, India, the United States, Japan, and South Korea are the top five consumer markets for cans, and the demand for cans has begun to pick up. Among them, according to the statistics of Novelis, the world's second largest aluminum company and the world's leading aluminum rolled product manufacturer, in 2020 in the United States, the food and beverage packaging industry will have a shortage of about 10 billion cans, and the import volume will be about 8.5 billion. cans, there are still 1.5-2 billion cans that cannot be met. It predicts that in the next 5 to 10 years, the demand for aluminum beverage bottles and cans in the North American market will continue to increase.
However, my country's domestic soft drink industry has passed through a period of rapid growth and has gradually entered a period of stable growth. According to the statistics of the National Bureau of Statistics, the scale of China's soft drink market continued to rise from 2014 to 2019. In 2019, the sales revenue of China's overall soft drink market reached 991.4 billion yuan, five The annual average compound growth rate is 5.90%. Based on the compound growth rate from 2014 to 2019, it is expected to reach 1,323,000 million yuan in 2024.
(2) Beer field: As a major beer production and consumption country in the world, my country's beer canning rate index has increased from 15% in 2004 to about 30% at present. The canning rate in Japan is close to 90%, the canning rate in Europe and the United States is about 70%, and the global average canning rate has reached 50%. It is beneficial to reduce transportation costs and expand the sales radius of beer. Compared with bottled beer, the pricing of canned beer products has a price advantage, which is conducive to improving the overall profitability of the beer industry. Benefiting from the steady growth of downstream food and beverage industries, the continuous increase in the canning rate of beer, and the increase in the penetration rate of canned food, the food and beverage metal packaging industry will still usher in steady growth in the next few years. According to the forecast of the China Packaging Federation Metal Container Committee, by 2022, my country's food and beverage metal packaging industry will achieve a total output of 119 billion pieces, of which two-piece cans will achieve an output of 56 billion pieces. At the same time, as a supporting product, it is estimated that by 2022, the output of easy-open lids in my country will reach 110 billion. The domestic aluminum two-piece can market will continue to grow. With its cost-effective advantages, it is replacing three-piece cans in large quantities. This is also a major trend in the development of global metal beverage packaging. The two-piece can beverage market will continue to grow in 2019-2025. It will reach about 27.03 billion yuan by 2025.
