In recent years, the domestic demand for aluminum cans has remained between 6 billion and 7 billion, so domestic aluminum can factories are still unable to get out of the predicament. With the continuous rise of international non-ferrous metal prices in recent years and the intensification of competition in the beverage packaging market, the pressure on can manufacturers has increased. In order to improve material utilization and reduce production costs,aluminum can manufacturers have to minimize the thickness of sheet metal and reduce the weight of a single aluminum can in the production of cans. Technological transformation and technological innovation characterized by light weight are quietly emerging.
Aluminum Cans are recyclable garbage. In garbage classification, aluminum cans can be recycled, so they are recyclable garbage. Recyclables are garbage that can be recycled. From the perspective of per capita consumption, Chinese aluminum can packaging market still has great potential. The world produces more than 400 billion aluminum cans of various types every year. The per capita consumption of aluminum cans in China is about 24 aluminum cans, while the per capita consumption in the United States is about 460 aluminum cans. From the analysis of per capita consumption, there is still a large room for development in China.
2023 comprehensive analysis of the aluminum can industry market and research on development trends
In order to maintain the dominance of aluminum cans in beverage and beer packaging, the aluminum can industry continues to carry out technological transformation, and cost reduction and appearance improvement have become the main theme. In order to reduce costs more significantly, Crown Group of the United States has developed an aluminum easy-open cover called "super cover". and put it on the market. It is said that this product can save 10% of the material compared with the original product. The annual production capacity of this product is 1.8 billion. It is accelerating the expansion of production plans to meet the demand and achieve an annual production capacity of 7 billion.
In order to maintain the dominance of aluminum cans in beverage and beer packaging, the aluminum can industry continues to carry out technological transformation, and cost reduction and appearance improvement have become the main theme. In order to reduce costs more significantly, Crown Group of the United States has developed an aluminum easy-open cover called "super cover". and put it on the market. It is said that this product can save 10% of the material compared with the original product. The annual production capacity of this product is 1.8 billion. It is accelerating the expansion of production plans to meet the demand and achieve an annual production capacity of 7 billion.
The global beverage aluminum can market will reach US$50 billion in 2021, and sales may grow at a compound annual growth rate of 8.5% between 2021 and 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 aluminum cans, and the demand for aluminum 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 aluminum cans, and the import volume will be about 8.5 billion aluminum cans, there are still 1.5-2 billion aluminum 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.
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 RMB. The compound annual 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.
According to the "Comprehensive Analysis and Development Trend Research Report of China's Pop aluminum Can Industry Market from 2022 to 2027" released by the China Research Industry Research Institute:
There are two kinds of materials for making cans: one is aluminum and the other is tinplate. The consumption of aluminum metal materials for packaging containers in the United States reached 1.9992 million tons in 1998, an increase of 2.24% over 1997, becoming the second largest consumer market, accounting for 21.6% of the annual aluminum consumption. In the United States, aluminum sheets are always used as materials for pop cans, and about 40% of aluminum sheets are used for the production of pop aluminum cans every year.
As a package, aluminum cans have the following advantages: First, they have excellent barrier properties. It has good barrier properties to light, gas and water, and its moisture resistance and fragrance retention performance are much better than other types of packaging materials such as plastic and paper. It can effectively protect the contents for a long time and is suitable for multiple packaging requirements. The second is that it has excellent mechanical properties, high metal strength, excellent mechanical properties, high temperature resistance, humidity change resistance, pressure resistance, insect resistance, and resistance to harmful substances. It is better than other packaging materials. The third is that it is not easy to break, easy to carry, and adapts to the fast-paced life of modern society. Fourth, the surface decoration is good, which can improve the beauty and grade of packaging objects, stimulate consumption and promote sales. Fifth, it can be returned to the furnace for regeneration and recycling.
Pop cans are widely used in packaging services in food, canned food, beverage and other industries. On the other hand, since the cost of aluminum cans is slightly higher than that of glass bottles and PET plastic bottles, their popularity is low in less economically developed areas. Generally, with the development of the economy and the improvement of people's living standards, their utilization rate will be greatly increased Increase. The production enterprises of cans and the metal packaging enterprises affiliated to food enterprises have a wide range of downstream applications in the metal packaging industry, and 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.
