The beverage can market represents a significant part of the metal packaging industry. The metal packaging is used in a wide range of industries like, preserved/packaged food, energy drinks, beverages, cosmetics, and healthcare. The beverage can market is characterized by innovative packaging style, extensive outlook, portability, and light weight packaging. Change in lifestyle, demographics and consumer preferences have a direct impact on consumption pattern and packaging trends.
The beverage can market has seen a significant growth over time and it is expected to grow further in the coming years. In early 2010, the growth in industry was significantly moderate but it is expected to pick up again as the global economy recovers completely from the downturn. Seeing the growth potential in emerging markets, the players have increased their operations and expansion is projected in years to come.
North America is the primary market for beverage can industry. Europe is the second largest developed market after North America, representing the fastest growing market. The European beverage can market continues to increase its share of the global consumer packaging market with UK being the largest share holder in European market. Asian regions, Middle-East and Eastern Europe provide ample growth opportunities for the players.
The present report offers an analysis of the global beverage can market and assesses the market by geography and segments. It also discusses major market trends, growth drivers, industry challenges and potential markets for beverage cans. The report also presents the competitive structure of the industry and profiles major players in the beverage can market including Rexam, Ball Corporation and Crown Holdings.
Further, we have predicted the future growth of the global metal packaging market by combining SPSS Inc.s data integration and analysis capabilities with our relevant findings. We employed various significant variables that have an impact on this industry and created regression models with SPSS to determine the future direction of the industry.