Beverage Can Toppers Market Impacts, CAGR, Growth Factors and Forecast From 2021 to 2027 - Crown, Global Closure Systems, Ball Corporation

The “Beverage Can Toppers” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, the impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Beverage Can Toppers Market is predicted to register a CAGR of 5.66% over the forecast period 2021 – 2027.”

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Key Competitors of the Beverage Can Toppers market is: 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

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. Additionally, according to the NBWA Industry Affairs, 2019, the US consumers who are 21 years and older consumed 26.5 gallons of beer and cider per person, during 2018, based upon beer shipment data and the US Census population statistics. Such instances are indicative of the fact that the beer cans market is poised to grow over the forecast period.

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Beverage Can Toppers market within the upcoming years.

Beverage Can Toppers market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Beverage Can Toppers market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

Plastics

Metals

Paper

Others

Major Applications covered are:

Alcoholic Beverages

Non-alcoholic Beverages

Others

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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.
Alcon launches BRAUS craft beer in cans and has partnered with Ball Corporation. Beer in cans grew 7% in Russia (2017-2018) and following the popularity of convenient and stylish aluminum cans in the Russian market, BRAUS adds to 35% of new beer and cider launches in cans year to date.

Regional market Beverage Can Toppers (regional production, demand and forecast by country):

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.

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Competitive Landscape

June 2019 - Corona beer launched interlocking cans to replace six-pack rings. The design and campaign for this new “Fit Packs” is a collaboration between the maker of Corona and the United States advertising company Leo Burnett. Also because of the portable nature of the interlocking cans, it won’t be necessary to use plastic bags to carry them.
Mar 2020 - Aiming to appeal to the local consumers and also increase its brand presence, a Brazil-based craft beer brand Bierland converted 100% of its product portfolio to be packaged in the beverage cans in collaboration with Crown Embalagens Metálicas da Amazônia S.A., which is a subsidiary of Crown Holdings, Inc.

Report Features:

To project the worth and sales volume of the Beverage Can Toppers market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Beverage Can Toppers market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Beverage Can Toppers market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

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