Global Beverage Can Market Size, Industry Analysis, Trends, Growth & Outlook (2016-2020)

Packaging is a technology of enclosing and protecting products for distribution, storage, sale, and use. It also refers to the process of design, evaluation, and production of packages and can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale and end use. The packaging is done for various purposes; physical protection, information transmission, marketing, convenience, barrier protection and security.

There are three types of packaging; primary, the first layer that encloses the product and comes in the direct contact with the product; secondary, prevents from the pilferage or to group the primary packages together; and tertiary, used for bulk handling, warehouse storage and transport shipping. Further, consumer packaging can be segmented into glass, paper and board, flexible plastics, rigid plastics, other metal and beverage cans.

Metal cans are used to contain a wide range of products, including beverages, processed foods, aerosol products, paints, medicines and many other products. Beverage can is a metal container designed to hold a fixed portion of liquid such as carbonated soft drinks, alcoholic beverages, fruit juices, teas, herbal teas, and energy drinks, etc.

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The global beverage can market have been growing at a steady pace for the past few years. The major factors which are expected to drive the global beverage can market are increasing global aluminum production, rising global GDP per capita, rapid urbanization, and swelling global beverage consumption. However, the growth of the market is hindered by slow innovation cycle, stringent compliance regulations and environmental concerns.

The report “Global Beverage Can Market: Industry Analysis & Outlook (2016-2020)” analyzes the development of this market, with focus on European, North American, Brazilian and Chinese markets. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: Amcor, Crown Holdings, Ball Corporation and Rexam PLC are being profiled along with their key financials and strategies for growth. The report contains a comprehensive analysis of the global beverage can market along with the study of the regional markets.

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