Press release
Beverage Can Ends Market Perspective, Comprehensive Analysis, Size, Growth, Trends and Forecast 2028
The beverage can ends market is expected to witness market growth at a rate of approximately 5.10% in the forecast period of 2021 to 2028, and will reach the value of USD 744.37 million by 2028. Data Bridge Market Research report on beverage can ends market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth.The rise in the beverage sector globally is escalating the growth of beverage can ends market.Beverage cans are considered one of the most common packaging format for alcoholic and non-alcoholic beverages, including energy drinks, beer, carbonated soft drinks and juices. The beverage provides good barrier againstoxygen and sunlight, retaining the quality of the beverage.
The increase need for metal cansacross the globe acts as one of the major factors driving the growth of beverage can ends market.The rise in demand for beverage can ends because of its numerous advantages such as higher mechanical strength and high quality printing coupled with possible decoration as compared withother packaging solutions, and increase in the consumption of ready to consume health drinks accelerate the market growth. The high adoption of the as a cost effective packaging solutions as they are light in weight and small amount of metalrequired in the manufacturing process, and rise in trend of beverage can ends owning to their recyclable making the aluminum a permanent resource that reinforces the circular economy further influence the market. Additionally, consumption of energy drinks, urbanization,rise in spending on beverages, improved lifestyle positively and increase in consumer preference towards quality alcoholic beveragespositively affect thebeverage can ends market. Furthermore, advancements in the material extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
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https://www.databridgemarketresearch.com/reports/global-beverage-can-ends-market
Competitive Landscape and Beverage Can Ends Market Share Analysis
The beverage can ends market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to beverage can ends market.
The major players covered in the beverage can ends market report are BALL CORPORATION, Crown, Tetra Laval International S.A., Orora Packaging Australia Pty Ltd, Silgan Holdings Inc., Ardagh Group S.A., Mahmood Saeed Beverage Cans & Ends Industry Company Limited (MSCANCO), CPMC Holdings Limited, CANPACK, The Olayan Group., Bangkok Post Public Company Limited, Nampak Ltd., Kian Joo Can Factory Berhad, SHOWA DENKO K.K., and SWAN Industries (Thailand) Company Limited., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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