The Global Beverage Can Market Report: 2014 Edition research of 66 pages with 56 Charts and 5 Tables to the food and beverages industry segment of its online data and intelligence library. This research report says the growing emerging markets are one of the key factors leading to the growth of the global beverage can industry.
Global Beverage Can Market Report: 2014 Edition says that a slow but steady increase has been observed in the consumption volume and value of beverage, and hence beverage cans, in the developing economies over the past few years. Emerging markets are following developed market trends with an increasing number of dual income families and working women. This has led to a shift in the general lifestyle, which, in turn, will increase the consumption of packaged beverages rather than home-made drinks. Portability is also seen as an important aspect to meet the dynamic lifestyle of modern customers. Retail structures have also undergone significant changes, with convenience stores fast becoming the most important points of sale for consumers of all ages and backgrounds. All these factors collectively are fuelling the market for beverage cans.
The key factors which are anticipated to drive beverage can market include factors like increased alumina and crude steel production, rising consumption levels of canned beverages, escalating consumer spending and income, continuously surging urban population and growing global economy. Some of the noteworthy developments of this industry include changing consumer behavior, increasing preference of aluminum, growing emerging market, among others. The recent developments within the beverage can manufacturing industry include the next generation can tabs and ends. The newly invented beverage can tab has added advantages as it is easier to open and will be more convenient for the senior citizens with weak fingers. In addition to that, the production costs of recyclable tabs are higher than the regular tabs. On the other hand, one of the latest innovations in the field of beverage can manufacturing includes the 'Self-Chilling Beverage Can'. However, the growth of respective industry is hindered by the barrier for fluctuation in aluminum and steel prices, regulatory compliances and negative impact on environment.
The consumer income and spending behavior plays a significant role in creation of demand for beverage can market. Since beverage can market is a part of consumer packaging industry, it highly depends on consumer spending pattern. The growing world private consumption pattern suggests that the demand for beverage cans is expected to increase on account of increase in consumer spending.
Companies profiled in Global Beverage Can Market Report: 2014 Edition research includes Rexam PLC, Crown Holdings Incorporated, Amcor Ltd. and Ball Corporation.
This report offers a comprehensive analysis of the global beverage can industry, along with an in-depth study of the regional market including the US, China, Brazil and Europe. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. On the contention front, the global beverage can market is reined by 3 major players namely, Rexam Plc, Ball Corporation and Crown holdings. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.
Packaging is one of the most crucial factors in any industry. Its key purpose is to protect the content it stores for distribution, storage, sale and use and also to enhance the visual and physical properties that make it stand out from the crowd, and connect with consumers, as part of the brand experience. The main objective of packaging is to glamorize the product in order to gain the customers attention. For many consumer goods, packaging is also an essential way of differentiating the product to attract consumers.
Beverage cans are a popular form of beverage packaging throughout the world. They are used for carbonated soft drinks, beers and other categories such as energy drinks, iced tea and a range of new drinks. They deliver benefits for brand owners and consumers alike. Beverage cans are also a key in helping to create sustainable supply chains as they are robust and light. Beverage cans and their parts are primarily made from aluminum and steel, and are usually offered in two and three piece varieties.
