Can of worms: Increased import penetration will put pressure on industry revenue

The Metal Can and Container Manufacturing industry provides cans and containers to the food and beverage market and to other industrial markets. Despite the popularity of metal cans and containers, an increasing share is being imported from abroad, undercutting this industry's sales. Revenue has risen slightly due largely to fluctuations in the price of steel inputs and the Canadian dollar. Competitive pressure will contribute to falling sales and squeezed profit margins. As a result, more industry operators will opt to exit the industry instead of prolonging their losses. However, the top players, many of which are globalized and with favourable procurement and distribution networks, will remain in the industry...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
0.7%
Forecast Growth 17-22
Profit
Employment
4,424
Businesses
127

Industry Threats & Opportunities

  • Competitive pressure will contribute to falling sales and squeezed profit margins
  • Top players are able to capitalize on economies of scale to cut costs
  • The food and beverage sector will remain vibrant over the next five years
  • Industry Report - Industry Investment Chapter

    This industry exhibits a relatively low level of capital intensity, with operators spending an estimated $0.12 on depreciation for every $1.00 spent on labour in 2017. This reflects moderate reliance on machinery and plant equipment for the manufacture of metal cans and containers. Still, the Canadian industry is significantly less capital intensive than its US counterpart, which spends an estimated $0.23 on depreciation for every $1.00 spent on labour (IBISWorld report 33243). US manufacturers are more efficient, relying more heavily on automated production and less so on manual labour. As a result, US manufacturers continue to undercut Canadian manufacturers in the domestic market, accounting for the majority of competitively priced imported cans...purchase to read more.

    Additional Insights for the Metal Can & Container Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Metal Can & Container Manufacturing Industry are

  • Effective cost control
  • Close customer relationships
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Canadian-dollar effective exchange rate index and Consumer spending in the Metal Can & Container Manufacturing industry impact industry performance..

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    What's in this report

    What is the Metal Can & Container Manufacturing Industry?

    This industry manufactures light metal cans made of aluminum or steel and used as beverage and food containers. It also manufactures light metal shipping containers including barrels, drums and pails. This industry does not manufacture heavy metal tanks or nonmetal cans and containers.

    Industry Products
  • Aluminum cans
  • Steel and tin cans
  • Other metal containers
  • Steel barrels, drums, pails and boxes
  • Industry Activities
  • Manufacturing metal cans
  • Manufacturing metal shipping containers
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian-dollar effective exchange rate index
  • Consumer spending
  • Total trade value
  • World price of steel

  • Current Performance
  • Squeezed out of the market
  • Exits and consolidation
  • Profit margins
  • Chart: Revenue Growth

  • Industry Outlook
  • Major markets
  • Competition and consolidation
  • Table: Metal Can & Container Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Metal Can & Container Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Canned Fruit & Vegetable Processing in Canada
  • Seafood Preparation in Canada
  • Soda Production in Canada
  • Transportation and Warehousing In Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Steel Rolling & Drawing in Canada

  • Products & Services
  • Aluminum cans
  • Steel and tin cans
  • Other metal containers
  • Steel barrels, drums, pails and boxes
  • Chart: Metal Can & Container Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food and beverage companies
  • Export market
  • General industrial market
  • Chart: Major Market Segmentation for the Metal Can & Container Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Metal Can & Container Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Metal Can & Container Manufacturing Industry

  • Industry Globalization
    The Ball Corp., Crown Holdings Inc.,
  • Table: The Ball Corp. - financial performance
  • Table: Crown Holdings Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Metal Can & Container Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Metal Can & Container Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Industrial capacity utilization (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Pail
  • A bucket
  • Three-Piece Can
  • A can made from flat sheets, with tops and bottoms attached at both ends. It is used for food, juice, paint and other products.
  • Two-Piece Can
  • A can made from steel or aluminum in the form of a cup shaped container with an end attached to it. It is used for food, beverages and other products.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Metal Can & Container Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Metal Can & Container Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Metal Can & Container Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Metal Can & Container Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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