Global Beverage Can Market: Industry Analysis & Outlook (2016-2020) Koncept Analytics

View Report Details Global Beverage Can Market: Industry Analysis and Outlook ----------------------------------------(2016-2020)

View Report Details Executive Summary 

Packaging is a technology of enclosing and protecting products for distribution, storage, sale, and use. It also refers to the process of design, evaluation, and production of packages and can be described as a coordinated system of preparing goods for transport, warehousing, logistics, sale and end use.

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The packaging is done for various purposes; physical protection, information transmission, marketing, convenience, barrier protection and security.

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There are three types of packaging; primary, the first layer that encloses the product and comes in the direct contact with the product; secondary, prevents from the pilferage or to group the primary packages together; and tertiary, used for bulk handling, warehouse storage and transport shipping.

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Further, consumer packaging can be segmented into glass, paper and board, flexible plastics, rigid plastics, other metal and beverage cans.

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Metal cans are used to contain a wide range of products, including beverages, processed foods, aerosol products, paints, medicines and many other products.

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Beverage can is a metal container designed to hold a fixed portion of liquid such as carbonated soft drinks, alcoholic beverages, fruit juices, teas, herbal teas, and energy drinks, etc.

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The global beverage can market has been growing at a steady pace for the past few years. The major factors which are expected to drive the global beverage can market are increasing global aluminum production, rising global GDP per capita, rapid urbanization, and swelling global beverage consumption.

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However, the growth of the market is hindered by slow innovation cycle, stringent compliance regulations and environmental concerns.

The global packaging market is one of the fastest growing industries in the modern era. Companies within the packaging industry serve a wide variety of markets, but mostly rely on the food-and-beverage, household products, and pharmaceutical sectors for majority of business…

Global Packaging Market Value – Forecast (2016-2020)

Global Packaging Market by Region (2015)

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The global packaging market is expected to reach nearly US$.... billion mark by 2020, increasing from US$.... billion in the previous year, growing at a CAGR of approximately …%, spanning from 2016 to 2020.

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In 2015, Asia emerged as a leader with maximum revenue share, recorded at …% of the overall revenue, followed by the North America and Western Europe with …% and …% revenue shares.

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The Eastern Europe, South and Central America, Africa and Australasia contributed …%, …%, …% and …% revenue shares, respectively.

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In 2015, paper and board segment, with …% held the largest market share in terms of volume, followed by hard plastic, flexible material excluding paper and metals with …%, …% and …% volume share. Glass and others accounted for …% and …% of the overall market volume.

Global Packaging Market by Material (2015)

Rapidly increasing urbanization associated with the increasing standard of living and higher income per capita have been driving the demand for beverages and in turn pulling up the demand for beverage cans.

Global Beverage Can Market by Volume – Forecast (2016-2020)

Global Beverage Can Fillings by Product (2015)

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The estimates suggest that by the end of 2020, the global beverage can market in terms of volume will reach … billion units of can, growing at a CAGR of …%, spanning from 2016 to 2020.

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As of 2015, beer and CSD accounted for the largest can fillings with the …% and …% overall can volumes, followed by still drinks, energy drinks and iced/RTD coffee drinks with … %, …% and …% shares, respectively.

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The global beverage can market reached … billion units of cans during fiscal year 2015. The market was split among the various regions across the globe, with the North America being the leading market of beverage cans with …% share of the total volume, followed by Europe, China and Brazil with … %, …% and …% shares, respectively.

Global Beverage Can Market Volume by Regions (2015)

With increased health awareness, consumers in the emerging economy are shifting from alcoholic drinks to health drinks, especially in regions such as China, India, Latin America and regions of Europe.

The US Beverage Can Market by Volume – Forecast (2016-2020)

• The consolidated results of the estimates suggests that by the end of 2020, the US beverage can market will continue to fall and reach … billion cans, decreasing at a CAGR of …%, spanning from 2016 to 2020.

• By 2020, the UK beverage can shipment is expected to reach …billion, growing at CAGR of …%, spanning from 2016 to 2020.

• The Chinese beverage can market is expected to reach nearly … billion cans mark by the end of 2020, growing at a CAGR of …%, spanning from 2015 to 2020.

The UK Beverage Can Shipment Volume by Product – Forecast (2016-2020 )

China’s Beverage Can Market by Volume – Forecast (2015-2020)

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Koncept Analytics

Vikas Gupta BD Manager

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