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Beverage Can Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Beverage Can Global Market
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Rising Beverage Consumption Fuels Growth In The Beverage Can Market Driven By High Demand And Recyclable Nature Of Aluminum Containers
Increasing consumption of beverages is expected to propel the growth of the beverage can market going forward. Beverage refers to any drinkable liquid, especially one that is not water. Aluminum cans are used as a packaging solution for storing and distributing beer. Aluminum beverage containers are recyclable and lightweight, stackable, and incredibly efficient to freight and store. Hence, the increasing consumption of beverages will result in a rise in demand for beverage cans which will boost the growth of the market. For Instance, according to Soda Consumption by Country 2023 report published by World Population Review, a US-based agency that turns complex demographic information into easy-to-understand articles on the population of countries and cities, Argentina has the most soda consumption in the world where the average person consumes about 155 liters in a year. Further, the United States is in second place with some of the highest soda consumption rates worldwide where each US resident drinks 154 liters annually. Therefore, the increasing consumption of beverages is driving the growth of the beverage can market.
Sustainable Packaging Solutions Take Center Stage In The Evolving Beverage Can Market Landscape
Product innovation is a key trend gaining popularity in the beverage can market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in January 2023, Ardagh Metal Packaging (AMP), a Luxembourg-based supplier of sustainable, infinitely recyclable, metal beverage cans to brand owners, launched a 19.2oz beverage can which is designed for beverage brand customers. The new can gives consumers the option to select a size between the more conventional sizes of 16 oz and 24 oz to meet the rising demand in the single-serve channel. The packaging will allow firms to diversify into new product categories like water, hard seltzer, beer, and cider.
The beverage can market covered in this report is segmented -
1) By Material: Steel, Aluminum, Other Materials
2) By Structure: Two Piece Can, Three Piece Can
3) By Can Coating: Epoxy, Polyester, Vinyl, Other Can coatings
4) By Application: Non-Alcoholic Beverage, Alcoholic Beverage, Sports And Energy Drinks, Fruit Based Drinks, Carbonated Soft Drinks, Other Applications
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Major companies operating in the beverage can market report are Crown Holdings Inc., Ardagh Group S.A., CPMC Holdings Limited, Toyo Seikan Group Holdings Ltd., Can-Pack S.A., Ball Corporation, Envases Universales S.A. de C.V., GZ Industries Limited, Showa Denko K.K., Nampak Beverage Can (Pty) Limited, The Olayan Group, Techpack Solutions Private Limited, Orora Packaging Australia Pty Ltd, Kien Joo Can Factory Berhad, Silgan Holdings Inc., Can-One Berhad, Universal Can Corporation Inc., Interpack Group Inc., Ceylon Beverage Can (Private) Limited, Baoshan Iron & Steel Co Ltd., Asia Packaging Industries Sdn Bhd, Jiangsu Baosteel Metal Products Co Ltd., Rexam PLC, HUBER Packaging Group GmbH, O-I Glass Inc., Metal Container Corporation, BWAY Corporation, Alltub Group, Massilly Group, Independent Can Company, Great China Metal Industry Company Limited, Hulamin Containers Limited, Shanghai Z Z Zijiang Enterprise (Group) Co Ltd., Emballator Metal Group, China International Marine Containers (Group) Ltd., Grupo Zapata S.A. de C.V., ShengXing Group Co Ltd., Benjamit Packaging Co Ltd., Arabian Can Industry LLC, Grupo Vidriera Del Norte S.A. de C.V.
Contents of the report:
1. Executive Summary
2. Beverage Can Market Report Structure
3. Beverage Can Market Trends And Strategies
4. Beverage Can Market - Macro Economic Scenario
5. Beverage Can Market Size And Growth
…..
27. Beverage Can Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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