Oversupply Domestic Two-piece Aluminum Cans Hit a New Low

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According to a research report released by China Securities Research and Development Department in May this year, the output of two-piece aluminum cans in my country will reach 38 billion cans in 2021. According to the annual growth rate of 8%, it is estimated that the annual output in 2022 will reach 41 billion. Can.

The report pointed out that due to severe overcapacity and an extremely fierce price war, the unit price of two aluminum cans has been declining in the past few years, and will drop to a record low in 2022.

The report believes that with the intensification of industry consolidation, it will help to improve the existing competition pattern in the metal packaging industry, and the price of two-piece cans can be expected to bottom out.

However, the process may seem a little long now. According to the “Securities Times” report, Baosteel Packaging recently stated on the interactive platform that the current metal packaging two-piece can industry is still in a situation of oversupply, fierce competition in the industry, and the unit price of products has not been fundamentally reversed, and steel, aluminum, etc. The large fluctuations in commodity prices have brought greater pressure to the company’s operations. The company has made a lot of improvement measures from the four aspects of the sales side, the purchasing side, the manufacturing side and the expense side to ensure the company’s operating performance.

Global Aluminum Aerosol Can Production Bucked the Trend and Increased to 5.5 Billion

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Bonus points for functionality and sustainability, global aluminum aerosol can production bucked the trend and increased to 5.5 billion.

Economic and political issues did not adversely affect the 2016 performance of the International Association of Aluminum Aerosol Can Manufacturers (Aerobal) corporate members. According to a new report by the association, the global aluminum aerosol can industry achieved 3% growth in 2016, with production reaching 5.5 billion units.

Asia’s growth rate leads the world Asia’s fastest-growing market, with a growth rate of nearly 10%. This was followed by North and Central and South America, where sales increased by about 5% year-on-year, an above-average growth rate. In addition, even the saturated European market is stable.

Aerobal’s secretary-general, Gregor Spengler, said Asia’s per capita consumption of aluminium aerosol cans is well below the global average, so the region has considerable growth potential.

Personal care products account for about 80% of cans, with deodorants and fragrances being the two main driving sectors. In terms of product types and application areas, deodorants and fragrances are the two main driving application sectors for the growth of aluminum aerosol cans. They are still warmly welcomed around the world, opening up new growth potential. The two contributed more than 50% to the consumption of aluminum aerosol cans in 2016.

Other important products and applications in the cosmetic sector include hair sprays, hair styling mousses, and shaving creams. Overall, the personal care segment accounts for about 80% of total aerosol can production. About 10% of aluminium aerosol cans are used in industrial and household products, and 5% go into pharmaceuticals.

In terms of products and applications, Gregor sees growth in markets such as foaming body washes and dry shampoos, as well as broad application areas for sunscreen products.

Outstanding functionality will make aluminum aerosol cans gain in the field of pharmaceuticals. “In addition, there are obvious growth opportunities in the pharmaceutical field in the future.” Spengler believes that in the future, it will mainly rely on the outstanding functionality of aluminum aerosol cans – mainly reflected in the excellent product protection and maximum safety of aluminum over other materials. , to ensure market growth. Especially in the pharmaceutical industry, the excellent hygiene standards of aerosol cans and the accuracy of dosage are unmatched by other packaging solutions.

Sustainability benefits make aluminum aerosol cans impeccable. Sustainability and environmental characteristics will continue to play an important role in the packaging market, he said, and aluminium aerosol cans are particularly impeccable in this regard.

“Customers and consumers are increasingly recognizing that aluminum is a sustainable material that can be recycled indefinitely without any loss of quality. Among the many functional benefits of aluminum aerosol cans, this is one of the most significant, high resource utilization Let it make a valuable contribution to the future of the planet,” he added.