The Beverage Cans Industry sales study offers a comprehensive analysis on diverse features including production capacities, Beverage Cans demand, product developments, sales revenue generation and Beverage Cans market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Beverage Cans market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The global beverage cans market is valued at US$ 45 billion in 2022 and is projected to touch US$ 75 billion by the end of 2032, registering a CAGR of 5.2% from 2022 to 2032 (forecast period).
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The readability score of the Beverage Cans market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Beverage Cans market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Beverage Cans along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Beverage Cans market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
- Crown Holdings Inc.
- Ardagh Group
- Aditya Birla Management Corporation Pvt. Ltd. (Novelis)
- Ball Corporation
- Silgan Holdings Inc.
- Toyo Seikan Group Holdings
- Kian Joo Can Factory
- CPMC Holdings Ltd
Competitive Landscape
The beverage cans market is tremendously fragmented with the presence of several worldwide corporations. Leading players in the global beverage cans market are pursuing competitive pricing and technological improvements, together with new packaging solutions, to achieve a competitive edge.
Moreover, to improve their market position, the majority of large corporations have employed many inorganic and organic growth tactics. Furthermore, production growth in places where sustainability consciousness is growing and new product releases are among the important business tactics these firms take to expand their product range and meet increasing product demand.
- In July 2021, Ball Corporation established new aluminium beverage packaging factories that can manufacture millions of cans yearly. Ball Corporation is to build additional operations in Western Russia and the East Midlands of the United Kingdom, adding billions of cans per year to its current capacity. Each factory is expected to produce billions of cans per year in a variety of sizes and formats.
- In May 2021, Volnaa launched packaged drinking water in aluminium cans, making it more straightforward for individuals to securely sip water on the go. With the relock revolution, the firm intends to combat the threat of plastic pollution by producing cans that are 100% recyclable. A company spokesperson noted that the product could be moved from the shelf to the dumpsters and back to the shelf within 60 days. Due to these characteristics, the company is likely to have long-term growth.
Key Segments of Beverage Cans Industry Research
- By Structure
- Two-Piece
- Three-Piece
- By Material
- Steel
- Aluminium
- Other (Glass & Plastic)
- By Capacity
- Less than 12 Ounces
- Between 12-24 Ounces
- More than 24 Ounces
- By Application
- Alcoholic Beverage Cans
- Carbonated Soft Drinks
- Sports & Energy Drinks
- Other Beverage Cans
- By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
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