Competitive AnalysisThe major market players in the global Beverage Cans Market Size comprises of Silgan Holdings Inc. (U.S.), BWAY Corporation (U.S.), Toyo Seikan Group Holdings, Ltd. (Japan), Kian Joo Can Factory Berhad (Malaysia), Orora Packaging Australia Pty Ltd (Australia), CPMC Holdings Ltd. (China), HUBER Packaging Group GmbH (Germany), Ball Corporation (U.S.), Crown Holdings Incorporated (U.S.), Ardagh Group (Luxembourg), and Can-Pack SA, (Poland).
Industry News
September 2019: California Cider Co., the company behind the popular Ace ciders, established a canning line in its Sebastopol production plant to launch its fast-selling Ace pineapple craft cider in aluminum cans.
Segmental Analysis
The global [FURL=https://www.marketresearchfuture.com/reports/beverage-cans-market-5180]Beverage Cans Market Size[/FURL] is segmented on the basis of materials and applications. The materials used to make beverage cans are aluminum and steel. The aluminum segment dominates the market and is expected to sustain its leading market share over the review period. This is attributed to its superior properties as compared to steel, such as lightweight, higher recycling rates with secure manufacture processing. Additionally, the steel segment is also expected to acquire a substantial growth rate over the review period. The applications
Regional Analysis
Europe is another primary market for beverage cans. Germany, the U.K., and France are the major markets in the region. Increased recycling activities are undertaken by the regulatory bodies, including the European Commission, and national governments of France, Germany, and the UK drive the growth of the market in the region. Furthermore, Europe is the hub of major non-alcoholic and alcoholic beverage manufacturers. This also has an encouraging influence on the growth of the market.
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