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India Aluminum Beverage Can Market Segments and Key Trends by 2025

Increasing demand and consumption of energy and sports drinks is one of the key factors driving market growth. The India Aluminum Beverage Can Market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%, according to a new report by Grand View Research, Inc.


Aluminum beverage cans are containers used to hold alcoholic beverages, soft drinks, and energy drinks among others. Aluminum sheet coil is the key raw material used in the manufacturing of aluminum beverage cans and it is one of the finest value-added downstream products in the entire aluminum value chain. Therefore, prices of aluminum sheet coil depend on Aluminum London Metal Exchange (LME) prices as well as premiums (above LME) charged, which includes conversion cost and profit margins at each stage of the value chain.

The alcoholic beverages application segment emerged as the largest in 2017, with a market share of 58.8% in terms of volume. The segment is expected to register a healthy volume-based CAGR of 7.6% over the forecast period. One of the major factors driving the segment in the last decade has been increasing sale of beer (in aluminum beverage cans) through off-premise retail channels such as grocery, mass merchandisers, and convenience stores.

These stores have been featuring more canned beer offerings than those offered by bars and restaurants (on-premise retailing). Despite the presence of a large consumer base, the Indian beer industry has been witnessing lower levels of beer consumption, which can be attributed to restrictions on the supply of beer (alcohol) in certain states of the country.

Heavy influx of international and domestic tourists in Goa and Maharashtra has created a massive potential for craft beer market in western India. This is backed by increasing popularity of craft beer owing to its unique taste and inclusion of healthy ingredients.

To Know More About India Aluminum Beverage Can Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/india-aluminum-beverage-can-market 

Aggressive expansion of major beer brands has offered an opportunity for aluminum beverage can manufacturers to increase their scale of operation in the western part of India. However, the alcoholic beverages segment is restrained by increasing restrictions on the sale and consumption of alcohol in this region.

Top Players of India Aluminum Beverage Can Market:

The competitive landscape of the India aluminum beverage can packaging market depicts a highly consolidated outlook, with major players being BALL CORPORATION and CAN-PACK S.A.

Market Segmentation of India Aluminum Beverage Can Market:

The India Aluminum Beverage Can Market segmented on the basis of Application and Region.

By Application:

Carbonated Soft Drinks (CSD)
Alcoholic Beverages

By Region:

North & Central
South
West
East

Inquire about India Aluminum Beverage Can Market with Our Experts @ https://www.grandviewresearch.com/inquiry/5648/ibb 
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