Market Share of Food Cans Industry
The food cans market is fragmented in nature, as many key players continually try to gain maximum market share. Some of the major players include Crown Holdings Inc., Silgan Holdings Inc., CANPACK SA, Wells Can Company, and Sonoco Products Company.
- In January 2024, Australian packaging and recycling company Visy Industries, a provider of food cans, announced the acquisition of Advanced Circular Polymers (ACP), a plastic recycling company. This strategic move will bolster Visy’s recycling operations and prevent a significant volume of hard-to-recycle plastics from ending in landfills.
- In November 2023, Sonoco Products Company purchased the composite can operations of Amcor Packaging (Australia). The Amcor operations consist of two plants, one in suburban Melbourne and the other in Sydney, and they mainly serve the spice, food, and cleanser sectors. Acquiring the Amcor can plants will further strengthen its position in the Asia-Pacific.
Food Cans Market Leaders
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Crown Holdings, Inc.
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Silgan Holdings, Inc.
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Colep Packaging
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Sonoco Products Company
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Wells Can Company
*Disclaimer: Major Players sorted in no particular order