Introduction to BPA Free Cans
BPA free cans are replacing the BPA (bisphenol-A) in the lining of the cans that harms the food quality. BPA may cause several health related diseases such as cancer owing to its lead content which is extremely harmful to health. The lead of the lining gets mixed with the food and its consumption give rise to several adverse health effects.
The BPA free cans stores food and beverages and does not impart any harmful chemical substance which can affect the health. The rise in awareness regarding health care and food safety has led to eradicate the BPA from the food cans. The BPA free cans are used by pharmaceutical, food and beverage, homecare and personal care industries.
Market Size and Forecast
BPA free cans market is anticipated to record a CAGR of 4.2% over the forecast period .The global BPA free cans market is observing robust growth on account of high awareness for health and food safety, thereby driving the demand of BPA free cans. The BPA free cans are segmented by material type into plastic, aluminum and steel .Steel is expected to lead the BPA free cans market owing to high durability and better food safety followed by plastic on the account of its easy availability. Among the end user industry segments, food and beverage is anticipated to observe highest growth in the BPA free cans market.
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As per IMF data, the global food and beverage prices have dropped during the period of 2013-16, from 175 in 2013 with gradual decrease to 170 in 2014 and then a sudden drop to 143 in 2015 and slightly rose to 146 in 2016. This drop in price for food and beverage has increased its consumption.
This leads to high usage of BPA free cans and in turn is expected to increase the market growth of the BPA free cans market during the forecast period.
Growth Drivers
Rising Health Awareness
Increasing food safety and health awareness has led to the requirement for the BPA free cans for storage of food and beverages. Additionally, the flourishing food and beverage sector is increasing the demand for BPA free cans owing to rising need for storage and selling various food items.
Lead Banned Products
Lead is one of the toxic metal and thus, government has also taken actions for banning lead in any product. The lead contact with food is carcinogenic and may cause severe health damages to the consumers. The high amount of lead in food and other FMCG products may cause severe health disorders. This drives the market growth for lead free products and also promotes the usage of BPA free cans.
Restraints
Industrial Preferences
BPA is the major ingredient used in industrial chemical. BPA prevents corrosion and thus considered to be the easy chemical to manufacture cans. Thus, the preference of several industries for BPA is expected to hamper the growth of BPA free cans market in the coming future.
Market Segmentation
Our-in depth analysis of the global BPA free cans market includes the following segments:
By Material Type
- Plastic
- Aluminum
- Steel
By End User Industries
- Food and Beverage
- Pharmaceuticals
- Personal and Home care
- Others
By Region
On the basis of regional analysis, global BPA free cans market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America is expected to dominate the BPA free cans market during the forecast period .BPA free cans are preferred highly in North America owing to high sensitivity towards health and food safety. Asia-Pacific is contributing towards high growth of the BPA free cans market during the forecast period. This is attributed to the high demand for BPA free food and beverage cans Additionally, Middle East and Africa is also expected to observe substantial growth during the forecast period.
Global BPA free cans market is further classified on the basis of region as follows:
- North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Top Featured Companies Dominating The Market
- DowDupont Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- 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
