Global Beverage Cans Market | Opportunities Assessment, Trends And Forecast To 2027

Beverage Cans Market Overview:

The Beverage Cans market competitive landscape provides information about rivals. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, and application domination are all contained in the details. The data points presented above are only relevant to the firms’ emphasis on the Beverage Cans market.

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Global Beverage Cans Market size is expected to reach nearly US$ 34.7 Bn. by 2027 with the CAGR of 5.6% during the forecast period.

Market Scope:

This Beverage Cans market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Beverage Cans market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.

Drivers:

The growth of the carbonated soft drink and performance-enhancing beverages like energy and sports drinks is a major factor in the beverage cans market. Additionally, consumers’ growing desire for a healthy lifestyle is fueling a rise in the demand for fruit and vegetable juices, which is helping the market expand. Additionally, the market for beverage cans is growing due to the increase in the consumption of alcoholic beverages like beer and cider as well as the extensive promotional campaigns run by top beverage producers like PepsiCo and Coca-Cola.

Segmentation:

The market for beverage cans is divided into three categories based on the material used: aluminium, steel, and plastic. The market share generated by the aluminium segment was highest in 2021, and it is predicted that it will continue to increase over the forecast period. Aluminum is used to make more than 70% of beverage cans worldwide because it is lightweight, cheap to produce and transport, and easy to manufacture. Due to their propensity for reacting with the beverage inside and their heavy weight, steel beverage cans seemed to grow slower than average.

The market is divided into carbonated soft drinks, alcoholic beverages, and fruit and vegetable juices depending on application. Due to a high per capita consumption of carbonated beverages, the segment of soft drinks with carbonation generated the most revenue.

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Key Players:  The following are the key players of the Beverage Cans market-

• Ardagh Group
• Ball Corporation
• Nampak Bevcan Limited
• Crown Holdings Inc.
• Amcor
• Orora Ltd.
• Silgan Holdings Inc.
• ORG Packaging
• Toyo Seikan Group Holdings
• Bangkok Can Manufacturer Co. Ltd.
• CPMC Holdings Ltd.
• Carolina Beverage Group
• Kian Joo Can Factory
• HUBER Packaging Group GmbH
• Can-Pack SA
• Showa Denko K.K.

Regional Analysis:

The region portion of the research also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter’s five forces analysis, and case studies are only a few of the indicators utilized to anticipate the market scenario for different nations.

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COVID-19 Impact Analysis on Beverage Cans Market: The report also discusses how COVID-19 affected the Beverage Cans market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, significant trends, and the problems that the industry is experiencing across key regions. The research details the overall impact of COVID-19 on the Beverage Cans Market by providing a micro and macroeconomic analysis. The precise study focuses on market share and size, which clearly depicts the impact that the pandemic has had and is anticipated to have on the global Beverage Cans Market in the future years.

Key Questions Answered in the Beverage Cans Market Report are:

  • What will be the CAGR of the Beverage Cans market during the forecast period (2021-2027)?
  • Which segment emerged as the leading segment in the Beverage Cans market?
  • Which are the prominent players in the Beverage Cans market?
  • What key trends are likely to emerge in the Beverage Cans market in the forecast period?
  • What will be the Beverage Cans market size by 2027?
  • Which company held the largest share in the Beverage Cans market in 2020?

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