Report ID: SQMIG15G2027
Report ID:
SQMIG15G2027 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
115 |
Figures:
72
North America has emerged as the dominant region over the forecast period. On a regional basis, higher consumption of beer as well as other alcoholic beverages is likely to benefit the local sector during the forecast period. The increased consumer awareness of environmental sustainability is driving the North American food and beverage metal cans industry. North America is a leading producer of food and beverages. Moreover, North America is among the world's largest consumers of aluminium cans, and the region is largely dominated by a significant number of packaged food and beverage customers. In addition, strong research & development spending and technological advancements are expected to benefit the North American domestic production of food & beverage metal cans.
The Asia-Pacific region is expected to grow at the fastest rate during the forthcoming years owing to increasing disposable income among consumers, rising demand for high-quality metal packaging from the region, different kinds of beers at different prices, and the influence of Western culture.
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Report ID: SQMIG15G2027