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Beverage Cans Market Scope and Trends Analysis by 2019 - 2024

The Global Beverage Cans Market size is expected to reach USD 60.92 billion by 2024, according to a new report by Grand View Research, Inc. owing to increasing demand for compact beverage packaging solutions.


Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.

Increasing demand for carbonated soft drinks and other flavored soda drinks in North America is expected to positively influence the demand for metal cans over the forecast period. In addition, the growth is expected to be driven by extensive promotional programs undertaken by soft drink manufacturers such as Coca-Cola is expected to have a positive impact on market growth.

Carbonated soft drinks application segment is expected to witness the highest growth of over 5% from 2016 to 2024 owing to growing demand for the aerated drinks in developing economies such as India, Mexico, and Thailand.

To Know More About Beverage Cans Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/beverage-cans-market 

High demand for beverage cans in the distribution of fruits & vegetable juices is expected to have a positive impact on growth. Rise in consumption of packaged fruit juices owing to consumers leading a healthier lifestyle is expected to propel demand.

Market Segmentation of Beverage Cans Market:

The Global Beverage Cans Market segmented on the basis of Product, Application and Region.

By Product:

Aluminum
Steel

By Application:

Carbonated Soft Drinks
Alcoholic Beverages
Fruit & Vegetable Juices

By Region:

North America
Europe
Asia Pacific
Central & South America
MEA

Inquire about Beverage Cans Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2991/ibb 
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