Market Highlights: Beverage Cans are used for different non-alcoholic beverages, such as CSD, Energy Drinks and Juices. Beverage Cans market is expected to mark significant growth over forecasted period owing to increasing consumers spending on consumption of energy drinks and technological advancement such as sleek can, big cans for big thrist and others. There has been significant rise in beer and soda consumption with figure stood up to 200 Billion in worldwide alone in 2018, the future for beverage cans looks promising. There is an increased need for metal cans due to their various advantages such as higher mechanical strength and high quality of printing and decoration possible compared with other packaging solutions. The market study is being classified by Type (Aluminum and Steel), by Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit & Vegetable Juices and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Beverage Cans are Shengxing Group (China), Ball Corporation (United States), Toyo Seikan (Japan), CPMC (United States), ORG Packaging (China), Rexam (United Kingdom) and Great China Metal Industry Company (China).
In May 2019, Hindalco ties up with US-based Ball Beverage Packaging AMEA and CAN-PACK India. This Tie-up is beneficial in providing advocate replacing glass and plastic with aluminum as packaging material.
Key Questions Answered in the Report What will the Beverage Cans Market size and the growth rate be in Future? What are the key factors driving the Beverage Cans Market? What are the key market trends and macro-economic impacting the growth of the Beverage Cans Market? What are the challenges to market growth? Who are the key vendors in the Beverage Cans Market? What are the market opportunities and threats faced by the vendors in the Beverage Cans Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Beverage Cans Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Beverage Cans market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Beverage Cans market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Beverage Cans Manufacturers, Beverage Cans Traders, End-Use Market Participants of Different Segments of Beverage Cans, Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.