The European beer can market is anticipated to showcase a considerable CAGR of 3.0% during the forecast period. Factors including high disposable income, adoption of a sedentary lifestyle, and huge adoption of beer as a refreshment beverage in the region are promoting the demand for beer can market in the region. According to the Brewers of Europe, in 2017, beer consumption in Europe stood for 412 Million Hl. Austria holds for the highest per capita consumption of beer that is 105 liter per capita. The market for beer can is directly proportional to the demand from the beer manufacturing industry.
Boston Beer Company, Carlsberg Group, Oettinger Brewery, United Breweries Group, and Kirin Holdings Co. Ltd. are the major beer manufacturing operating in the region. These players are actively investing in packaging solutions to differentiate their product offerings from their competitors, which in turn is promoting the demand for beer can market in the region. Further, the stringent government regulations related to the use of glass packaging in the region is further driving the growth of the market in the region as the beer cans are highly recyclable.
The European beer can market is segmented on the basis of packaging type. Based on the packaging type, the beer can market is segmented into the aluminium can and steel/ tin can. Aluminum can is anticipated to hold major market share based on the packaging type owing to its high recycling rate. Moreover, it is a sustainable material for beer packaging, thereby contributing towards the high share in the market segment.
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European Beer Can Market Segmentation
By Packaging Type
- Aluminium Can
- Steel/ Tin Can
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Regional Analysis
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Amcor Plc
- Ardagh Group S.A.
- Ball Corp.
- Can-Pack S.A.
- Crown Holdings, Inc.
- Erben Ltd
- Innovus Engineering Ltd.
- Rexam Plc
- RLM Packaging, Ltd.
- Tata Steel
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