New York, NY -- (SBWire) -- 04/12/2019 --The global Beverage Cans market is forecasted to reach USD 63.24 Billion by 2026, according to a new report by Reports and Data.
The rapid adoption of a healthy lifestyle is propelling the growth of the market. Availability of canned vegetables and fruit juices along with ready to drink caffeine based products like coffee and iced tea is encouraging the growth of the market. Beverage cans are also common in alcoholic drink market. Beer and cider when stored at cool temperatures are popular among consumers. Innovation in design shape and recapping of beverage cans is also expected to boost the market. However, fluctuations in the price of raw materials can affect the growth of the market. Health-related issues from plastic packaging are also encouraging people to switch to metal cans. Easy recyclability of aluminum makes it a popular choice for beverages.
Free Sample copy of Beverage Cans market report available on demand@ https://www.reportsanddata.com/sample-enquiry-form/1250
The major players covered in this Beverage Cans market report are Ball Corporation, ORG Packaging, Shengxing Group, Toyo Seikan Co., Crown, Rexam, Amcor, CPMC, Great China Metal Industry Company Ltd., and EXAL among others
North America dominates the market of Beverage Cans. Rising demand for metal cans is driving the growth of the market. Growing concern regarding the consumption of packaging materials is also pushing the growth of the market. The U.S. is the major contributing nation towards the high growth of the market in this region. Europe is also a major market for Beverage Cans. Stringent regulations regarding recycling activities drive the market in this region. Europe is also a hub for non-alcoholic and alcoholic beverages in the world.
Knowing the trends influencing the Beverage Cans industry performance
Stakeholders, marketing executives and business owners planning to refer Beverage Cans market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Market split by Materials type, can be divided into:
- Aluminum
- Steel
Market split by Structure, can be divided into:
- 2 piece cans
- 3 piece cans
Market split by Size, can be divided into:
- 150ml – 300ml
- 300ml – 500ml
- Above 500ml
Market split by Application, can be divided into:
- Carbonated Soft Drink
- Alcoholic Drinks
- Sport & Energy Drinks
- Fruits and Vegetable Drinks
- Oil
- Milk Drinks
Order Now (Customized report delivered as per your specific requirement)@ https://www.reportsanddata.com/checkout-form/1250
Geographically, this Beverage Cans market report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Further key findings from the report suggest:
- On the basis of Materials, Aluminum dominates the market. It is forecasted to be the fastest growing segment. It is very light in weight, has high recyclability rate with the easy fabrication process.
- Aluminum occupies a market share of 56% in the year 2018 and is forecasted to hold 58% of the market share in the year 2026 with the highest annual growth rate of 5.9% throughout the forecasted period.
- 2 piece cans are slowly replacing 3 piece cans as they cause lead pollution. This type of structure is beneficial as there are no side seams and is sealed with less raw material consumption.
- 2 piece cans have a market share of 57% in the year 2018 and are forecasted to hold a market share of 59% in the year 2026 with an annual growth rate of 5.8% throughout the forecast period.
- Beverage cans are utilized for many products, but its major shareholder is Alcoholic drinks. There is a rising demand for alcohol and cider in cans especially from new generations in emerging nations.
- Alcoholic Drinks hold a market share of 20% in the year 2018 and is forecasted to hold a market share of 22% in the year 2026 with an annual growth rate of 6.6% throughout the forecast period.
- Rising concerns for health is also pushing the demand for Beverage cans among fruit and vegetable juices. Carbonated soft drinks are also forecasted to contribute substantially to the market.
- Carbonated Soft Drinks hold a market share of 19% in the year 2018 and is forecasted to generate a revenue of USD 12.65 Billion in the year 2026 with an annual growth rate of 6.1% throughout the forecast period.
- North America hold a market share of 27% in the year 2018 and is forecasted to generate a revenue of USD 17.71 Billion in the year 2026 with an annual growth rate of 5.9% throughout the forecast period
Browse complete Beverage Cans report description and Full TOC@ https://www.reportsanddata.com/report-detail/beverage-cans-market
Key Points from TOC:
Chapter 9. Company Profiles
9.1. Danfoss
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. United Technologies Corporation
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Ingersoll-Rand Plc
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
Continued…
About Us:
Reports and Data Is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John Watson
Head of Business Development
Reports and Data | Web: https://www.reportsanddata.com/
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
News: www.reportsanddata.com/market-news
Beverage Cans Market Report 2018- 2026 by Top Players: Crown, Rexam, Amcor, Ball Corp, ORG Packaging, Shengxing Group
A closer look at the overall Beverage Cans business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.