Beverage Can Toppers Market 2021 Outlook, Current and Future Industry Landscape Analysis 2027 |Crown, Global Closure Systems, Ball Corporation, Nippon Closures Co., Ltd.(Toyo Seikan Group)

The Beverage Can Toppers Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Beverage Can Toppers Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Beverage Can Toppers Market is set to grow at a CAGR of 6.32 % over the forecast period (2021-2027).

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Leading companies in the global Beverage Can Toppers market.

Crown, Global Closure Systems, Ball Corporation, Nippon Closures Co., Ltd.(Toyo Seikan Group), O.BERK COMPANY, LLC, Reynolds, Tri - Sure USA (Greif, Inc.), WestRock Company, Orora Packaging Australia Pty Ltd., Snap Capp Distribution Company

INDUSTRY NEWS

Crown has acquired 8 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 5 assets.

Crown’s largest acquisition to date was in 2017, when it acquired Signode Industrial Group for $3.9B. It’s largest disclosed sale occurred in 2021, when it sold Crown Holdings - EMEA Food and Consumer Packaging Business to KPS Capital Partners for $2.5B. Crown has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include packaging (84%) and machinery (17%).

MARKET OVERVIEW

There have been some minor changes in the materials used in the mentioned packaging methods. The industry might not have seen much innovation in the last few years, but customer preferences have changed considerably. Also, the changing lifestyle, increasing home-grown breweries, and increasing affordability across the world have had a great impact on beer packaging, in terms of prices, design, weight, etc.
According to the U.S. Beer Institute Annual Report, 2018, the US beer industry sells more than USD 119.3 billion in beer and malt-based beverages to US consumers each year.

The report based on the type of Beverage Can Toppers  market is broken down:

Plastics

Metals

Paper

Others

On the basis of segmentation by application, the key Beverage Can Toppers  market can be subdivided into:

Alcoholic Beverages

Non-alcoholic Beverages

Others

Key Market Trends

Aluminium is Expected to Hold the Largest Market Share

With the increasing production of craft beer, the demand for canned aluminum beer is increasing and according to the Brewers Association, the number of breweries in the United States has grown to approximately 8,386 and many of those breweries are moving to aluminum because it’s cheaper, has better shielding properties for beer, and has a smaller environmental footprint.
Presently, 12-ounce is still the predominant size on the market, but the 16-ounce has shown some tremendous growth throughout the last few years in the aluminium can segment.

Regional Outlook of the Beverage Can Toppers market:

Global Beverage Can Toppers Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific Account for Significant Market Growth

The Asia-Pacific beer cans market is primarily driven by changing cultural trends, the expanding population, growing urbanization, and the rising popularity of beer among the younger population.
In this region, consumers are increasingly shifting toward gluten-free beers, which are made of millet, barley malt, corn, potato, rice, soybean, and sorghum. Also, beer consumption is growing at over 6 percent per annum in China, India, and Vietnam. Hence, the growing innovation in flavors and preparations is likely to drive the demand for beer which will increase the growth of beer cans.

Highlights of the Beverage Can Toppers Market

Quantitative market information and forecasts of the global Beverage Can Toppers  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Beverage Can Toppers Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.

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The report provides a summary of the important functions and key Beverage Can Toppers market:

Detailed Beverage Can Toppers market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Beverage Can Toppers .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Beverage Can Toppers market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

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