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Assessment of COVID-19's Effect on Beverage Can Market 2020-2024 | Growing Energy and Juice Drinks Market to Augment Growth | Technavio

LONDON--(BUSINESS WIRE)--Jun 18, 2020--

Technavio has been monitoring the beverage can market and it is poised to grow by USD 5.87 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200618005524/en/

Technavio has announced its latest market research report titled Global Beverage Can Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amcor plc, Ardagh Group S.A, Ball Corp., CAN-PACK S.A., CPMC HOLDINGS Ltd., Crown Holdings, Inc, ORG Technology Co., Ltd., Orora Packaging Australia Pty Ltd, Silgan Holdings Inc., and Toyo Seikan Group Holdings Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The growing energy and juice drinks market has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/beverage-can-market-industry-analysis

Beverage Can Market 2020-2024: Segmentation

Beverage Can Market is segmented as below:

  • Material
    • Aluminum
    • Steel
  • Application
    • Non-alcoholic Beverages
    • Alcoholic Beverages
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40866

Beverage Can Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The beverage can market report covers the following areas:

  • Beverage Can Market Size
  • Beverage Can Market Trends
  • Beverage Can Market Analysis

This study identifies the rising popularity of paperboard cans as one of the prime reasons driving the beverage can market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Beverage Can Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist beverage can market growth during the next five years
  • Estimation of the beverage can market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the beverage can market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of beverage can market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Non-alcoholic beverages - Market size and forecast 2019-2024
  • Alcoholic beverages - Market size and forecast 2019-2024

Market Segmentation by Material

  • Aluminum - Market size and forecast 2019-2024
  • Steel - Market size and forecast 2019-2024

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Amcor Plc
  • Ardagh Group SA
  • Ball Corporation
  • CAN-PACK SA
  • CPMC Holdings Ltd.
  • Crown Holdings Inc.
  • ORG Technology Co. Ltd.
  • Orora Packaging Australia Pty Ltd.
  • Silgan Holdings Inc.
  • Toyo Seikan Group Holdings Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200618005524/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: PACKAGING MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 06/18/2020 09:12 AM/DISC: 06/18/2020 09:12 AM

http://www.businesswire.com/news/home/20200618005524/en

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