According to a new market research report published by Global Insight Services “ Canned Beverages Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Canned beverages are drinks that come in a sealed container. This can be made of metal, glass, or plastic, and is typically sealed with a removable lid. Canned beverages are convenient because they can be stored for long periods of time and do not require refrigeration.
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Top Key Players in Canned Beverages market: Ball Corp, Orora Packaging Australia Pty. Ltd., The Olayan Group, Crown Holdings, Inc., Ardagh S.A., Canpack, CPMC Holdings Ltd.
Key Trends
There are a few key trends in canned beverages technology. The first is the move towards more sustainable materials. This includes using recycled materials for the cans themselves, as well as for the labels and other packaging components. This helps to reduce the overall environmental impact of the canned beverage industry.Another key trend is the move towards aseptic packaging. This means that the cans are sterilized before they are filled with the beverage, which helps to extend their shelf life. This is especially important for products that are sensitive to oxygen, such as fruit juices.
Key Drivers
There are several key drivers of the canned beverages market. The most significant driver is likely consumer demand, as canned beverages are convenient and easy to transport. Other drivers include the relatively low cost of canned beverages compared to other types of beverages, and the wide variety of choices available in the market.The canned beverages market is also driven by trends in the food and beverage industry. For example, the popularity of craft beer has led to an increase in the demand for canned beer. Similarly, the trend toward healthy and organic foods has led to an increase in the demand for canned fruits and vegetables.
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Market Segments
The Canned Beverages Market is segmented by material, application and region. By material, the market is divided into aluminum, steel, and others. Based on application, it is bifurcated into carbonated soft drinks, fruit & vegetable juices and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Canned Beverages Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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