Press release
Beer Cans Market Trends and Growth Opportunities in 2023: Toyo Seikan Group Holdings Ltd., Ball Corporation, Crown Holdings, Inc., Ardagh Group S.A.
The Global Beer Cans Market is predicted to reach at a high CAGR of 3.44% during the forecast period (2023-2030).
Beer cans are popular vessels for transporting and consuming one of the most beloved alcoholic beverages, beer. Typically holding either 330 ml or 500 ml, these cans provide convenience for customers to enjoy their favorite beer at home or on the go. With increasing consumption of alcoholic beverages, the beer cans market presents significant opportunities for packaging manufacturers. While premiumization is a longstanding trend, it has notably influenced the design of beverage packaging. Today, brand owners view beer cans not just as containers but as advertising platforms, leveraging direct-to-substrate printing to enhance visual appeal and brand presence.
Market Dynamics
Consumer demand for a diverse range of beers offering various tastes and flavors is expected to drive substantial growth in the beer cans industry. This evolving preference for beer variety is a significant catalyst for the sector's expansion. Additionally, increasing beer consumption in emerging markets like India and China is set to bolster the demand for beer cans. Manufacturers in the beer can industry are progressively investing more in research and development to enhance both the aesthetic appeal and functional attributes of their products. Moreover, the recyclability and environmental advantages of beer cans are anticipated to further propel market growth in the foreseeable future.
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Segment Analysis
By Material
Aluminum
Steel
Tin
By Capacity
330 ml
500 ml
1000 ml
Others
By Product
Two-piece cans
Three-piece cans
Major Key Players
Beer Cans include Toyo Seikan Group Holdings Ltd., Ball Corporation, Crown Holdings, Inc., Ardagh Group S.A., Can-Pack S.A., Orora Packaging Australia Pty Ltd., CPMC Holdings Limited, and Nampak Bevcan Limited.
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Related Topics:-
Liquid Packaging Market - https://www.datamintelligence.com/research-report/liquid-packaging-market
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