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A Business Plan For Aluminium Cans For Beverages (two Pieces) | |
| One of the most widely used materials for beverage packaging is aluminium cans. They are really among the few types that may be completely recycled to make new cans. That serves as a can for soft drinks, beer, and other canned drinks in the beverage sector. Often, thin metal is rolled or pulled into the shape of the aluminium cans. Although aluminium cans have long been used as beverage containers, they have recently gained popularity because of their eco-friendly features. They are environmentally beneficial because they are constructed of 100% recyclable aluminium. Additionally, there is no possibility that it may leak, break, or contaminate anything nearby because it is not composed of glass or plastic. Aluminum is a very strong and lightweight metal that is ideal for product packaging. As more people become aware of how much waste plastic there is and as their environmental consciousness grows, the market for aluminium cans has seen a spike in demand. Aluminum cans are incredibly simple to recycle and can be recycled repeatedly without losing any of their original quality. Uses and Application of Aluminium Cans For Beverages One of the most popular metals used in beverage cans is aluminium. Due to its lower melting point, aluminium is easier and less expensive to produce. Additionally, because aluminium doesn't rust or corrode in water, no internal coatings are required. Since aluminium can be recycled indefinitely, it may be used to create a wide range of new products, including automobiles, kitchenware, and beverage containers. Recycling aluminium consumes 95% less energy than mining and refining new aluminium. Aluminum must first be melted and then cast into new forms in order to be recycled. By eliminating the need to mine bauxite ore, this procedure minimises greenhouse gas emissions while simultaneously saving energy. Recycling aluminium cans uses roughly 95% less energy than making them from start. For this reason, many nations have established goals for the proportion of their waste aluminium that should be recycled as opposed to dumped in landfills. The beverages are kept in the cans, which offer an airtight seal to keep out oxygen and preserve flavour and shelf life. Aluminum doesn't react much with foods. Because it is lightweight, affordable, and recyclable, aluminium is widely used in the manufacturing sector all around the world. Through recycling facilities or by being crushed into aluminium flakes, which may subsequently be used in various aluminium goods like windows, building materials, auto parts, etc., aluminium can be recycled. Indian Market Outlook The demand for aluminium cans was predicted to increase by 3.7 to 4%, and by 4 to 3.6% CAGR over the following five years. Along with the growth in demand, the market's value increased from US$52.21 billion in 2018 to US$60.63 billion in 2024, showing a CAGR of 2.23% during the forecast period. In India, aluminium cans are the most often used type of packaging. Over the next five years, demand is anticipated to increase at a 5% annual rate, with a substantial portion of that growth coming from the fast-moving consumer goods sector. Because they are recyclable, usable again, and versatile, aluminium cans are widely utilised in India. They are the most popular beverage packaging material since they are lightweight and convenient to transport. Global Market Outlook The market for beverage cans was valued at USD 25.31 billion in 2019 and is anticipated to grow to USD 36.59 billion by 2027, at a CAGR of 4.7%. Metal containers called beverage cans are made to carry predetermined amounts of liquid beverages like energy drinks, alcoholic beverages, carbonated drinks, tea, and others. The cans are made of either steel or aluminium and are extremely recyclable. Due to their sustainability and capacity to be recycled without affecting quality, cans are in higher demand from beverage producers. Additional variables influencing demand include shifting lifestyle preferences and an increase in disposable money. The growing acceptance of alcoholic beverages in traditional and conservative nations will also contribute to the expansion of this market. Conclusion The market for aluminium beverage cans has expanded significantly in recent years. Cans have replaced glass as the primary packaging material, which has significantly increased demand. Demand has also been boosted by the popularity boom of canned beverages, such as soft drinks. Additionally, technical advancements have contributed to lowering production costs and expanding their accessibility. Over the following five years, these variables are anticipated to propel revenue growth at an annualised pace of 8%, reaching $250 million in 2023. Key Players • Crown Holdings Inc. • CCL Industries Inc. • CPMC Holdings Inc. • Ball Corporation • Ardagh Group S.A. • Silgan Containers LLC • Toyo Seikan Co., Ltd. • Nampak Ltd. | |
| Plant capacity: Aluminium Cans for Beverages Each 330 ml Size: 3,450 Lakh Pcs per Annum | Plant & machinery: 2605 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 7760 Lakhs |
| Return: 28.00% | Break even: 40.00% |
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