openPR Logo
Press release

Beverage Carrier Rings Market to Expand at a Healthy CAGR of 5% through 2030

04-21-2021 12:47 PM CET | Logistics & Transport

Press release from: Fact.MR

Beverage Carrier Rings Market

Beverage Carrier Rings Market

The brewing industry across the globe is growing as demand for alcoholic beverages such as wine, beer, and craft beer is continuously increasing. This is creating many opportunities for players in the beverage carrier rings market space.

Click Here To get a Sample (Including Full TOC, Table & Figures)

Also, the use of cans is highly preferred over bottles by both, beverage companies and consumers, as these cans can be recycled and reused. Therefore, the demand for canned beverages is rising rapidly, which is one of the most important factors that will help the beverage carrier rings market grow substantially during the years 2020 to 2030.

Considering all the above factors, the beverage carrier rings market is expected to expand at a CAGR of nearly 5% during the forecast period of 2020-2030.

Key Takeaways from Global Beverage Carrier Rings Market Report

Rise in demand for canned beverages will play an important role in the growth of the beverage carrier rings market over the coming years.

Rules and regulations imposed by regulatory authorities of different countries have made market players manufacture carrier rings by using fiber and cardboard material. Cardboard beverage carrier rings are expected to gain maximum market share over the period in question.

Need more information about Report Methodology? Click here

Progress in Asia Pacific countries such as India and China is proving to be important for the growth of the beverage carrier rings market in the region, which is expected to grow at the highest rate among all regions.

The COVID-19 pandemic has led disrupted the supply chain of the global beverage industry, as a result of lockdowns, restriction, and labor shortage. As a result, demand for beverage carrier rings will take a hit in the near term.

“Increasing consumption of beverages along with rise in the demand for canned products will drive the growth of the beverage carrier rings market over the coming period”, says a Fact.MR analyst.

Key Players Spending Heavily on Research & Development Activities

Key players in the beverage carrier rings market are PakTech, E6PR, Hi-Cone, West Rock, Grip Pak, Lawson Kegs, Pak-It-Products, American canning, BevSource, Lucky Clover packaging, Footprint, Roberts Poly, Graphic Packaging, and Miller Coors. These key players are performing different activities such as collaboration with other companies, improvement in productivity, and developing advanced products.

Connect To an Expert

For instance, one of the key players in the market, E6PR, has started to manufacture beverage carrier rings by using fiber. This fiber is made by using a mixture of wheat and barley. If these fiber rings are thrown away in the sea, they will not cause any harm to sea animals. As such, the demand for such rings is expected to rise in the near future.

More Valuable Insights on Beverage Carrier Rings Market

Fact.MR, in its new offering, presents an unbiased analysis of the global beverage carrier rings market, presenting historical demand data (2015-2020) and forecast statistics for the period of 2020-2030. The study delivers essential insights on the beverage carrier rings market on the basis of type (4 pack rings, 6 pack rings, and 8 pack rings), material (plastic, cardboard, and natural fiber), and application (alcohol, soft drinks, and juice), across six major regions.


US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website:
Research Insight:
Content Source:

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Beverage Carrier Rings Market to Expand at a Healthy CAGR of 5% through 2030 here

News-ID: 2273196 • Views: 192

More Releases from Fact.MR

Global Bean Pasta Market to Grow at a Staggering CAGR of 12% Through 2029 | Harv …
The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Bean Pasta Market in the upcoming years. Click here to Get Complete Synopsis of the Report - The report introspects the supply chain, cost structure, and recent developments pertaining to the Bean Pasta Market in the report and the impact of the COVID-19 on these facets of the market.
Asia Pacific Register Significant Growth In Timing Belt Kits Market Over 2021 To …
With the spread of Covid-19 pandemic, the demand for timing belt kits starting falling as lockdown was implented by the government to protect the people from the deadly virus. The manufacturers suffered accute decline in their sales in the first and second quarter of 2020, however after that it started witnessing gradual progress. In 2021, the leading players are recovering their losses by undertaking continuous research and developments to develop
Sprocket Market Projected To Expand At CAGR Of 7% Over 2021 To 2031 And Reach Va …
The global automotive industry is witnessing drastic changes as result of technological advancements and introduction of electric vehicles. This will result in providing a boost to the sales of sprockets across regions. Furthermore, increasing demand from motorcycle OEMs will also complement demand growth over the forecast period. With a wide range of application in end-use industries, such as linear motion in two wheelers, power transmission in building and construction, and the
Steam Duct Market Future Innovation Strategies, Profit Analysis, Forecast till 2 …
The global Steam Duct market study covers the projection size of the market both in terms of value and volume. The report estimates the lookup of different local distributors in the overall market and provides the market size of the Steam Duct market using both bottom-up and top-down approaches. To get in-depth information view the report – To investigate the key players and their market contribution, primary and secondary research has been

All 5 Releases

More Releases for Beverage

Processed Food & Beverage Preservatives Market 2020-2026
The Processed Food & Beverage Preservatives Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Processed Food & Beverage Preservatives market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the
Instant Beverage Premixes Market Instant beverage premixes are prepared drinks, which boost metabolism, enhance functionality, and provide healthy hydration. Instant beverage premix market analysis is primarily split into different type including instant coffee, instant tea, instant milk and instant health drinks and soups. In 2017, the global Instant Beverage Premixes market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of
Beverage Emulsion Market: Opportunity Map by 2025
Beverage emulsion is a well-known class of food item. It consists of a continuous aqueous phase, in which an oil phase that is discontinuously dispersed in the form of microscopic droplets. Beverage emulsions are generally distinguished as oil-in-water (O/W) emulsions. Dilute beverage emulsions are typically composed of a weighting agent in order to increase the density, flavour oil blend, and a polymeric emulsifier/stabilizer which consists of either gum acacia or
Quarterly Beverage Tracker Fourth Quarter 2016: Portugal
In Q4-16 consumption was influenced by the warmer average temperature. Consumption of alcoholic drinks increased in Q4-16, driven by beer which experienced a similar growth rate, owing to the favorable economic environment and good marketing activity from the main players. Private Label products lost market share at the hands of producer brands. Once more the sub-channels including online stores and duty-free shops in airports have done pretty well due to
Global Functional Beverage Market Research Report 2016
2016 Global Functional Beverage Industry Report is a professional and in-depth research report on the world’s major regional market conditions of the Functional Beverage industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). The report firstly introduced the Functional Beverage basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and
Beverage Dispensers: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Beverage Dispensers: Global Market Intelligence to its growing collection of premium market research reports. The report “Beverage Dispensers: Global Market Intelligence (2011-2020)” provides market intelligence on the different market segments, based on type, function, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through