The market analysis report titled ‘Global Beverage Can Market Size study, by material (aluminium, steel) by Application (carbonated soft drinks, alcoholic beverages, fruit and vegetable juices, others) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global beverage can market is slated to progress at a year-over-year growth rate of 5.1% during the forecast period and garner a valuation of USD 50.60 Bn by 2027.
 

Rising health consciousness among consumers and increasing consumption of non-alcoholic and ready-to-drink beverages are surging global beverage can market growth. Moreover, has been a massive improvement in the growth rate of the food and beverage industry since 2018 and this trend is expected to continue through 2027, as per credible sources.
 

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Notably, beverage cans find utility in the sale of several products including soft drinks, herbal tea, fruit and vegetable juices, alcohol, and energy drinks.
 

Despite the positive industry outlook, concerns regarding contamination of the environment due to excessive usage of the product may hinder market growth during the forecast timeline.
 

The research report encompasses a detailed segmental analysis that highlights current and future trends in each segment, so as to enable stakeholders in having a clear understanding of market dynamics during the analysis period. The market is fragmented into material (aluminum, steel), and application (carbonated soft drinks, fruit and vegetable juices, alcoholic beverages, and others).
 

From a regional frame of reference, North America, Europe, Asia Pacific, and Latin America are the major geographies considered for the assessment of the market.
 

North America market is slated to amass robust returns during the evaluation period owing to high beverage consumption among the expanding young population, affordability of beverages, and wide presence of beverage can industries in the region.
 

Moving on to the competitive landscape, Nampak Ltd, Ardagh Group, Ball Corporation, China National Petroleum Corporation (CNPC), The Olayan Group, Bangkok Can Manufacturing Co. Ltd, Crown Holdings Inc., and Orora Packaging Australia Pty Ltd are the major companies influencing the industry trends.