Title: Beverage Cans Market
1Beverage Cans MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Beverage Cans Market size is estimated to
reach 55.2 billion by 2027. Furthermore, it is
poised to grow at a CAGR of 5.7 over the
forecast period of 2022-2027. Beverage cans are
made of metal which is fully recyclable without
loss of quality. Beverage cans help to cool
quickly and feel extra fresh to the touch. The
sound of a can opener is a unique indicator that
makes the drink absolutely fresh. Beverage cans
provide convenience and portability. Beverage
cans are lightweight and durable, they are an
ideal fit for active lifestyles without the risk
of breakage. Recently, plastic pollution is a
core concern for todays consumers so, the
adoption of beverage cans is growing.
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- Key Takeaways
- Geographically, North America held a dominant
market share in the year 2021. North America is
the largest market with its innovative varieties
of drinks that surged the usage of beverage cans.
Moreover, the lockdown in North America caused a
surge in demand for beverage cans as drinkers
move away from bars and restaurants to socially
distanced home consumption. However, Asia-Pacific
is expected to offer lucrative growth
opportunities to the marketers in the projected
period of 2022-2027 - Growing consumption of carbonated soft drinks,
alcoholic drinks, sports and energy drinks, and
various other ready-to-eat drinks surging the
usage of beverage cans that further driving the
demand of Beverage Cans Market. However, rising
prices of raw materials are some of the factors
impeding the market growth.
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By Distribution Channel- Segment Analysis The
Beverage Cans market based on Application can be
further segmented into Alcoholic Beverages,
Flavored Alcoholic Beverages, Carbonated Soft
Drinks (CSD), Water, Sports Energy Drinks, and
Others. Alcoholic Beverages held a dominant
market share in the year 2021. Recently, the
consumption of alcoholic beverages increase among
adults which gives rise to the trend of adopting
beverage cans. Aluminum cans, make up 62 of beer
volume produced and sold. One of the largest
drivers of this trend has been the ongoing shift
towards retail channels like convenience,
grocery, and mass merchandiser stores, which tend
to feature more canned beer offerings than
on-premise retailers like bars and restaurants.
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- Beverage Cans Industry Outlook
-
- Ball Corporation,
- Crown Holdings Inc.,
- Ardagh Group,
- Canpack S.A,
- CPMC Holding Ltd.,
- Amcor Limited,
- Kian Joo Can Factory,
- Showa Denko KK,
- Nampak Bevcan Limited,
- Toyo Seikan Group
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Beverage Cans Market Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Beverage-Can
s-Market-Research-504931
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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