Beer is one of the most preferred alcoholic beverage. A beer can is a container or vessel that is used for convenient consumption of beer. Beer can is generally of 330 ml and 500 ml capacity. Beer cans offer easy way of transport, and allows consumers to bring their favourite beer home. In addition, the beer cans market offers enormous opportunities to packaging manufacturers owing to increasing consumption of alcoholic beverages.
Premiumization is not a new trend, but it has played an important role in shaping the beverage packaging. For instance, the infiltration of premium beer brands has augmented for 3% to 4% above mainstream brands. As a result of these cans manufacturers are introducing beer cans for premium craft beers.
Nowadays, brand owners are considering beer cans as an advertisement tool and also provide direct to substrate printing which increases the aesthetic looks of the can. Furthermore, the global beer cans market is very competitive owing to presence of many worldwide and regional manufacturers.
As per several studies, the beer cans market looks largely fragmented amongst the sellers that are competing in terms of size, capacity, price, product quality, technological innovations, and volume. In order to increase competitive advantage over the rivals, the packaging manufacturers are implementing strategies like collaborations, mergers, and partnerships.
Few manufacturers are acquiring several small and medium scale companies in order to augment their market presence across numerous regions around the globe.
The primary driver behind the high growth in the beer cans market is the changing consumer demand to experience a large variety of beers with taste and flavor. Also, the rise in consumption of beer in emerging economies such as India and China will boost the demand for beer cans market. Beer cans manufacturers are gradually spending on R&D to enhance the looks and convenience of their products.
In addition, recyclability and environmental advantage of beer cans to boost the market during the forecast period. Furthermore, light weight and convenience option provided by beer cans to drive the market. Government initiatives for reducing the usage of plastic and glass in alcohol packaging have created growth opportunities for metal packaging formats like beer cans.
Beer is normally filled in a can by 2 standard machines such as vacuum filling machine and pressure filling machine.
In North America, US is anticipated to dominate the beer cans market over the forecast period. Furthermore, in Asia Pacific region, India, China and ASEAN countries are expected to witness significant growth during the forecast period. Owing to the high demand and preference of metal packaging solution for craft beer. However, the beer cans market in Middle East & Africa is projected to witness sluggish growth during the forecast period.
A few of the key players in the beer cans market are Toyo Seikan Group Holdings Ltd, Ball Corporation, Crown Holdings, Inc., Ardagh Group S.A., Can-Pack S.A., Orora Packaging Australia Pty Ltd., CPMC Holdings Limited, Nampak Bevcan Limited., Daiwa Can Co., Shenzhen Xin Yuheng Can Co., Ltd, etc.
The report on beer cans market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Beer cans market also maps the qualitative impact of various market factors on market segments and geographies.
The global beer cans market is segmented by material type, product type, capacity, and filling method. The pricing for beer cans has being done based on capacity segment in US$ million, and the volume is considered in units.
On the basis of material type, the global beer cans market is segmented into -
On the basis of product type, the global beer cans market is segmented into -
On the basis of capacity, the global beer cans market is segmented into -
On the basis of filling method, the global beer cans market is segmented into -
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