APAC Market Statistics
On the basis of regional analysis, the global aluminum beverage packaging market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa regions. Asia Pacific industry is poised to account for largest revenue share by 2036, owing to presence of leading manufacturers of primary aluminum in the region. Moreover, shifting preferences for canned beverages amongst the health-conscious consumers in the region is also anticipated to drive market growth in the coming years in the Asia Pacific region.
North America Market Analysis
Alternatively, the aluminum beverage packaging market in North America is projected to have a significant market share on account of the growing demand for different type of beverages in the nations, such as the United States, along with the presence of numerous key beverage manufacturers in the region, such as The Coca-Cola Company, PepsiCo, Inc., Anheuser-Busch Companies, LLC, Nestle Group, Heineken Brouwerijen B.V., and others, who are focused on enhancing their eco-friendly brand image to further promote their beverage products. Moreover, increasing use of screw-top aluminum beverage bottles for packaging different beverages on the back of the growing need for innovative packaging solutions amongst beverage manufacturers, along with the increasing number of OEM packaging services providers in the region are some of the significant factors anticipated to contribute to the growth of the aluminum beverage packaging market in North America.
Author Credits: Abhishek Anil
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