Tinplate is a thin steel sheet with a tin coating. Tinplate is one of the most common materials used for the production of metal cans, which serve the foodservice industry, and others. Tin-plated cans have been witnessing a steady growth in demand, which is attributed to several features such as an excellent barrier, good mechanical properties, and high moisture resistance, among others. The global push for the use of recyclable packaging solutions is expected to faciliate the growth in preference for packaging solutions such as tin plate cans. Tin plate cans are also used for storage and preservation of food by canning, which is regarded as one of the most efficient methods available. Furthermore, tin-plated cans also find applications in the beverage packaging industry, with cans being one of the most preferred packaigng formats for the modern consumer. Cans have therefore witnessed growing usage among consumers across the world.
Supply-side analysis
The collected numbers are primarily obtained from key tin-plated can manufacturers in the world, their product offerings, sales revenues in each market verticals. Sales revenue from tin-plated cans was estimated after comprehensive product mapping. Various market and industry experts, which includes sales and marketing heads of tin-plated can manufacturers, independent consultants, and distributors, were contacted to validate the penetration of tin-plated cans in the total cans market.
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Demand-side analysis
The overall end use market size was determined, and the penetration of tin-plated cans was determined in eash of the end uses. The total value and demand for tin-plated cans was mapped in each end use industry, across the world.
This approach is followed for the global market, and bottom-up analysis was used to arrive at the market size of tin-plated cans, in terms of consumption and revenue.
Global tin-plated cans market: Segmentation
The global tin-plated cans market has been segmented as follows –
On the basis of tinplate type, the global tin-plated cans market has been segmented as follows –
- 1-piece tinplate
- 2-piece tinplate
- 3-piece tinplate
On the basis of product type, the global tin-plated cans market has been segmented as follows –
- Paint cans
- Oblong/F-style cans
- Conetop cans
- Monotop cans
- Aerosol cans
- Edible oil cans
- Others
On the basis of end use, the global tin-plated cans market has been segmented as follows –
- Food
- Beverages
- Chemicals
- Pharmaceuticals
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Tin-plating in cans is preferred in the pharmaceutical industry due to its high corrosion resistant properties. Apart from pharmaceuticals, tin-plated cans are widely used in the food & beverage industry. An increasing number of beverage packaging manufacturers are making the shift from larger to smaller packaging formats, such as cans, which go well with the on-the-go lifestyle of modern consumers. Tin-plated cans are also widely used for storing chemicals such as paint.
On the basis of capacity, the global tin-plated cans market has been segmented as follows –
- <350 ml
- 350 – 500 ml
- 500 – 1000 ml
- 1000 – 2000 ml
- 2000 – 5000 ml
- >5000 ml
*Pricing of tin-plated cans has been tracked on the basis of capacity.
Global tin-plated cans market: Key Players
Some of the key players operating in the global tin-plated cans market are –
Tier 1 (Companies with segmental revenue > US$ 50 Mn)
- Ardagh Group S.A.
- Ball Corporation
- Crown Holdings, Inc.
Tier 2 (Companies with segmental revenue between US$ 20 Mn and 50 Mn)
- Cerviflan Industrial E Comercial Ltda
- Colep Portugal S.A.
Tier 3 (Companies with segmental revenue < US$ 20 Mn)
- NCI Packaging
- Jamestrong Packaging
- Aryum Aerosol Cans Ltd
Key raw material suppliers for the industry include –
- The Tinplate Company of India Limited
- Nippon Steel & Sumitomo Metal
- Henkel AG & Co. KGaA
- Toyo Kohan Co., Ltd.
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