Metal cans have achieved the highest volume growth of any packaging material in the packaged water category, according to a new report.
Beverage researcher Canadean found that, despite their negligible share, metal cans increased by 17 per cent in the global packaged water market between 2013 and 2014, and are beginning to register more significant regional volumes.
Metal moved up to third place in West Europe, overtaking HDPE, and expanded by more than 34 per cent in North America. This trend has also been evident in Latin America, where cans grew by 11 per cent due to the success of the 23.7cl size in Mexico.
Perrier also launched a 25cl can in Brazil targeted at World Cup consumers.
“In an increasing range of markets, the growth of metal cans is driven by the success of flavoured sparkling water, mimicking the look and feel of traditional carbonates,” said Canadean analyst Chris Strong.
In contrast, carbonates volumes held in metal cans fell by one per cent in 2014 as consumers vacated the category in favour of healthier alternatives.
“This is a development which is likely to continue as concerns over sugar intake increase and packaged water erodes further into the carbonates category,” Strong added.
Metal cans offer sustainability advantages, and major producers are expected to continue to invest in developing new technologies for beverage can production, light-weighting techniques, and improvement in can functionality.
Offering different-size formats targeting a range of consumption occasions and consumer groups – for example, smaller versions tapping into the portion control trend, slim versions for premium beverages, value-added features such as resealability and easier-to-pour options – all offer profitability opportunities.
In the years ahead, metal will continue to follow the growth trend in the packaged water category and is expected to increase by a further nine per cent during 2015.
Although consumption in the traditional canned carbonates market will strengthen over the next few years, according to Canadean, producers are seeking to take advantage of the health trend by offering innovative flavoured water alternatives. In a category where PET and other pack materials have typically held sway; there is great potential for metal cans to play a key role as new water products emerge.
From the Coca-Cola Company, Dasani Sparkling includes only water, flavour and bubbles.
