Metal Can Market Overview in the USA
In value terms, metal can production shrank to $ in 2019. Overall, production saw a noticeable shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2015 to 2019, production growth remained at a somewhat lower figure.
The revenue of the metal can market in the U.S. shrank to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a mild contraction. The growth pace was the most rapid in 2014 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.