Beverage Cans Market - Challenging Face of Industry & Forecast 2018-2022


- 13 Jan 2018 04:38 PM IST
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MRC Announces the Publication of its Research Report – Global Beverage Cans Market 2018-2022

MRC recognizes the following companies as the key players in the global beverage cans market: Ardagh Group, Ball Corporation, CAN-PACK S.A, CPMC HOLDINGS, Crown, and Orora Packaging Australia.

Other Prominent Vendors in the market are: BWAY Corporation, Kian Joo Can Factory Berhad, Metal Packaging Europe, Silgan Holdings, Tata Steel, and Toyo Seikan Group Holdings.

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Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is growing market for ready-to-drink (RTD) coffee and tea. There has been a rise in the RTD coffee and tea consumption. These drinks are not only seen as instant energy drinks but also form a part of the lifestyle in most countries such as Japan and the US. The major factors driving the RTD tea and coffee market are the growing health awareness and rising disposable incomes of the population. The rising consumption of the on-the-go health drinks has mainly made an impact on the demand for RTD tea and coffee.”

According to the report, one of the major drivers for this market is Increased need for metal cans. Metal cans are used for beverage such as beer, soft drinks, ready-to-drink tea and coffee, and juices. One of the major factors driving the growth of the global beverage cans market is the augmented need for metal cans. The rising preference for metal packaging over other types of packaging is because of various advantages that metal encasing products provide.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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