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Summary Global Beverage Cans Industry Information Report by Material (Aluminum and Steel), by Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit & Vegetable Juices and others) and By Region - Global Forecast To 2023 Beverage Cans Industry Overview Beverage cans are largely used for packaging of different kind of alcoholic and non-alcoholic beverages, like CSD, energy drinks, juices, and beers. Beverage cans have a superior hermetic seal and good barrier against oxygen and sunlight, thereby retaining the taste of the beverage. The Global Beverage Cans Market is increasing with the rapid pace; mainly due to the growth in packaged food & beverage industries. Increase in customer income in developing countries such as China, India, and Brazil, have led to growth in demand for beverage cans. Competitive Analysis The major market players in the global Beverage Cans Industry comprises of Silgan Holdings Inc. (U.S.), BWAY Corporation (U.S.), Toyo Seikan Group Holdings, Ltd. (Japan), Kian Joo Can Factory Berhad (Malaysia), Orora Packaging Australia Pty Ltd (Australia), CPMC Holdings Ltd. (China), HUBER Packaging Group GmbH (Germany), Ball Corporation (U.S.), Crown Holdings Incorporated (U.S.), Ardagh Group (Luxembourg), and Can-Pack SA, (Poland). Industry News September 2019: California Cider Co., the company behind the popular Ace ciders, established a canning line in its Sebastopol production plant to launch its fast-selling Ace pineapple craft cider in aluminum cans. Segmental Analysis The global Beverage Cans Industry is segmented on the basis of materials and applications. The materials used to make beverage cans are aluminum and steel. The aluminum segment dominates the market and is expected to sustain its leading market share over the review period. This is attributed to its superior properties as compared to steel, such as lightweight, higher recycling rates with secure manufacture processing. Additionally, the steel segment is also expected to acquire a substantial growth rate over the review period. The applications Beverage Cans Market Regional Analysis On the basis of regions, the global Aluminum Can Market has been segmented as Europe, North America, Asia Pacific (APAC), and Rest of the World (RoW). North America region leads the global Beverage Cans Industry. Growing demand for metal cans in the region is notably driving the growth of the market. Moreover, increasing concerns regarding the use and consumption of sustainable packaging materials are expected to drive the demand for market growth. The U.S., the most developed country in North America, accounts for the largest market share in North America. Rising consumption of processed & packaged Food and Beverage products in this region drive the growth of the market over the foreseeable future.
Europe is another primary market for beverage cans. Germany, the U.K., and France are the major markets in the region. Increased recycling activities are undertaken by the regulatory bodies, including the European Commission, and national governments of France, Germany, and the UK drive the growth of the market in the region. Furthermore, Europe is the hub of major non-alcoholic and alcoholic beverage manufacturers. This also has an encouraging influence on the growth of the market. Asia Pacific is poised to grow at the highest CAGR during the forecast period. China, Australia, Japan, India, and Indonesia are the country-wise significant markets in the Asia Pacific region. An upsurge in purchasing power in the region fuels the growth of the market. Additionally, the availability of raw materials and lower labor cost, together are a positive impact on market growth. The young population, with momentous disposable income, will also drive the demand for beverage cans in the foreseeable future. China accounts for the largest share of the Beverage Cans Industry in the Asia Pacific region over the review period. Moreover, Latin America and Middle-East & Africa are also touted to observe positive growth over the forecast period owing to the growing consumption of alcoholic beverages in major markets such as South Africa, Brazil, & in the Middle East region. Table Of Contents 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Definition 2.2.2 Research Objective 2.2.3 Assumptions 2.2.4 Limitations 2.3 Research Process 2.3.1 Primary Research 2.3.2 Secondary Research 2.4 Market Size Estimation 2.5 Forecast Model 3 Market Landscape 3.1 Porter’s Five Forces Analysis 3.1.1 Threat Of New Entrants 3.1.2 Bargaining Power Of Buyers 3.1.3 Bargaining Power Of Suppliers 3.1.4 Threat Of Substitutes 3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis 4 Market Dynamics 4.1 Introduction 4.2 Market Drivers 4.3 Market Restraints 4.4 Market Opportunities 4.5 Market Trends Continues…. Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/beverage- cans-market-5180 List Of Tables Table 1 Global Beverage Cans Market: By Region, 2017-2023 Table 2 North America Beverage Cans Market: By Country, 2017-2023 Table 3 Europe Beverage Cans Industry: By Country, 2017-2023 Table 4 Asia Pacific Beverage Cans Industry: By Country, 2017-2023 Table 5 RoW Market: By Country, 2017-2023 Table 6 Global Market, By Material, By Regions, 2017-2023 Continues…. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Phone: +1646 845 9312 Email: sales@marketresearchfuture.com