According to new analysis, the European metal can market was valued at US$ 17.31 billion in 2020 and is expected to reach US$ 19.95 billion by 2026 with a CAGR of 2.33% from 2021 to 2026. The new "Europe Metal Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report highlights key industry trends.
The pandemic, climate change and geopolitics are driving global manufacturing executives to focus even more than before on a twin transformation; smart digitisation and a focus on environmental, social and governance (ESG) goals, according to analyst KPMG.
Over 6% of total EU employment is linked to the automotive sector, and the sector’s turnover represents over 7% of EU Gross Domestic Product (GDP). At the same time, the automotive sector is a major private investor in research and development (R&D).
Don’t miss the February 2022 issue of International Sheet Metal Review on https://joom.ag/eVVI
The use of industrial robots in factories around the world is accelerating at a high rate: 126 robots per 10,000 employees is the new average of global robot density in the manufacturing industries. This is nearly double the number in 2015 (2015: 66 units) according to the 2021 World Robot Report.
Business aviation leaders have pledged to achieve net-zero CO2 emissions by 2050 as they expanded on a set of bold climate commitments made a decade ago, marking the latest in a string of new sustainability announcements at their main event of the year.
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