Global Aluminum Beverage Packaging Market

1. Global Aluminum Beverage Packaging Market to Grow on the Back of Rising Demand for Different Types of Beverages; Market to Grow with a CAGR of 4.05% During2021-2030 Kenneth Research has released a report titled “Aluminum Beverage Packaging Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzingparameterssuchasindustrygrowthdrivers,restraints,supplyand demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of themarket. Close to 240 Billion liters of packaged alcoholic beverage was consumed worldwide in the year 2020. Additionally, fruit & vegetable juices as well as carbonated soft drinks (CSD) consumption in the same year, registered near about 85 Billion liters and 210 Billion litersrespectively. Download Free Sample Reports Here - https://www.kennethresearch.com/sample-request-10352352 The statistics portray the growing demand for different types of beverages worldwide. Most of the beverage packaging cost significantly high to the beveragemanufacturersandalsocontributemajorlytopackagingwastesdue to the use of single-use packaging materials. This, as a result, has raised the necessity amongst the beverage manufacturers to adopt eco-friendly and cost-effectivepackagingsolutions.Aluminum,whichisknowntohaveahigh

2. recyclability rate, is therefore widely preferred amongst the beverage manufacturers as the metal is not just environmentally friendly, but also allows a greater canvas for product branding to the beverage manufacturers. Such beneficial properties of the metal is therefore expected to drive the demand for aluminum beverage packaging, and in turn, contribute to the growth of the market in the comingyears. Theglobalaluminumbeveragepackagingmarketisanticipatedtogrowwith a CAGR of 4.05% during the forecast period, i.e., 2021-2030. The market is estimated to garner a revenue of USD 84437.20 Million by 2030. Moreover, in the year 2020, the market generated a revenue of USD 57158.22 Million. The market is segmented by product type into cans, barrels & drums, caps & closures, and others. By the end of 2030, the market is projected to garner the largest revenue of USD 63294.63 Million, up from a revenue of USD 41453.31 Million in the year2020. By region, the global aluminum beverage packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in the Asia Pacific, amongst themarketinalltheotherregions,isexpectedtogeneratethelargestrevenue of USD 38503.36 Million by the end of 2030, up from a revenue of USD 23720.66 Million in the year2020. The research is global in nature and covers detailed analysis on the market inNorthAmerica(U.S.,Canada),Europe(U.K.,Germany,France,Italy,

3. Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia,NewZealand,RestofAsia-Pacific),MiddleEastandAfrica(Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the researchreport. However, the fluctuating prices of aluminum, and the rising concern for GHG emitted during aluminum production are some of the major factors predicted to hinder the growth of the market in the comingyears. Thisreportalsoprovidestheexistingcompetitivescenarioofsomeofthekey players of the global aluminum beverage packaging market, which includes company profiling of Crown Holdings, Inc., Amcor plc, Ball Corporation, SonocoProductsCompany,NovelisAluminum,SilganHoldingsInc.,Ardagh Group S.A., Al Suhaimi Holding Company, CANPACK S.A., Envases Group, CCL Container, Technocap S.p.A., Massily Holding S.A.S, Universal Can Corporation (UNICAN), and others. The profiling enfolds key information of the companies which comprises of businessoverview,productsandservices,keyfinancialsandrecentnewsand

4. developments. Conclusively, the report titled “Aluminum Beverage Packaging Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global aluminum beverage packaging industry to help new entrants to understand the details of the market. In additiontothat,thisreportalsoguidesexistingplayerslookingforexpansion andmajorinvestorslookingforinvestmentintheglobalaluminumbeverage packaging market in the nearfuture. Download Sample PDF of this Report: - https://www.kennethresearch.com/sample-request-10352352 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, providedarightguidanceatarighttimeisavailablethroughstrategicminds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Contact for moreInfo: AJDaniel Email: sales@kennethresearch.com U.S. Phone: +1 313 4620609