Seamless Tins Market: An Overview
The ongoing trend to utilize metal containers with reduced weight and the use of minimal raw material for its production led to the need for seamless tins. Seamless tins protect products such as herbs, candies, etc. from heat and moisture. They are strong and resistant to odor and microbes. Seamless tins also save expenditure on energy used in recycling of these containers. Seamless tins provide a smooth outer surface and the ability for easy labeling and custom printing. Seamless tins are marketed with a wide variety of sizes and shapes with the potential to stop leaks. They are break-proof and impart reduced shipping costs as they are light-weight. Seamless tins are commonly used to store a wide range of products like CD & DVD, candle, jewelry, confectionery products, cosmetics, laboratory products, ointments, etc.
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Seamless Tins Market: Dynamics
The factors like seamless tins being unbreakable, light-weight, and resistant to external conditions drive the market for seamless tins. Seamless tins do not react with the product stored inside which boosts its use in carrying a variety of food products. They are 100% recyclable which increases its usefulness and hamper the sales of other containers. Plastic use which is declining due to its harsh effects on the environment, can rise the market for seamless tins. Seamless tins have advantages over plastic and glass containers in having high-speed manufacturing and ease of filling capability. They offer enhanced printing ability which helps in brand endorsement allowing the companies to advertise in the market. The restraint in the market of seamless tins is their inability to carry extremely acidic products and the introduction of aluminium containers.
Seamless Tins Market: Key Developments
Many key players in the market are focusing on product launch and acquisitions to produce new sustainable products for consumer’s convenience and to expand their area of excess. Recent developments in the performance of seamless tins have created varieties of containers for storage of chocolate, spices, and more. This is helping to raise the market for seamless tins. Companies are now able to produce tin containers that have ease of printing and reusability.
- On 31 May 2018, Keenpack Industrial Limited’s team introduced collections of tin packaging with window to help consumers to have a quick glance while shopping
- On 26 September 2016, Belcamp-based Independent Can Co. buys Ball Corp.'s specialty tin division to expand through acquisition.
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Seamless Tins Market: Segmentation
On the basis of material, the seamless tins market has been segmented into:
On the basis of type, the seamless tins market has been segmented into:
- Clear top
On the basis of capacity, the seamless tins market has been segmented into:
- < 5 oz
- 5 to 15 oz
- > 15 to 30 oz
- > 30 oz
On the basis of end use, the seamless tins market has been segmented into:
- Food industry
- Wax industry
- Consumer Goods
- Personal care & Cosmetics
Seamless Tins Market: Regional Outlook
Countries like Germany, Netherlands, and the UK in the European region; Japan and India in the Asia Pacific region and the U.S. in the North America region have the highest consumption of confectionery products; countries like the U.S. in the North America region; China and India in the Asia Pacific region and Germany and France in the European region have the highest production of confectionery products, and therefore, the market for seamless tins is expected to rise. The seamless tins market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for a perfect container for storage of moist or fine products. The increasing demand for leak-proof packaging, which can extend the shelf life of products to be reserved drives the seamless tins market in developing countries such as India, China, etc.
Seamless Tins Market: Key Players
- Tin-Pac Promotional Packaging
- Tinware Direct Ltd.
- Tin King USA
- Keenpack Industrial Limited
- TinWerks Packaging Co.
- Allstate Can Corporation
- Independent Can Co.
- Yum Tin (Manufactory) Co., Ltd.
- Candle Science, Inc.
- Nice-Can Manufacturing Co., Ltd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with seamless tins market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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