Global Beverage Cans Market Overview:
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.
- Increase Number of Alcoholic and Non-Alcoholic beverages.
- Rapid Popularity among Consumers.
- Increasing Demand at Asia- Pacific Regions
- Proliferation due to high quality printing and decoration that Leads to Grow the Market.
- Rise in Consumption of Energy Drinks.
- Limitation due to government intervention are Anticipated to Challenge the Market.
Some of the key players profiled in the report 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). Additionally, following companies can also be profiled that are part of our coverage like Amcor (Australia), Crown (Hong Kong) and EXAL (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Beverage Cans market by 2024. Considering Market by Size, the sub-segment i.e. 8-Ounce will boost the Beverage Cans market.
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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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 related to 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, USPTO, EPO, Annual reports, press releases etc.