The North American beer can market is anticipated to showcase a considerable CAGR of 3.2% during the forecast period. The increasing consumption of beer across the region along with the high demand for innovation in the packaging of different types of beers is a key factor contributing to the growth of the beer can market in the region. The huge population base, with large population aged 15 years and above is another factor that is propelling the growth of the market in North America. In Canada, the consumption of beer is maximum with around 45% of the total consumption. The high preference of consumers towards beer consumption is promoting beer can manufacturers to produce beer cans in large volumes.
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The North American beer can market is segmented on the basis of packaging type. Based on the packaging type, the beer can market is segmented into the aluminum 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. The US homes to the largest manufacturers of aluminum. American manufacturers produce nearly 100 billion aluminum beverage cans a year. The growth of aluminum can production volume in the country is anticipated to drive the growth of the aluminum can market in the region.
Ball Corp., Ardagh Group S.A., Crown Holdings, Inc., Silgan Containers LLC, Metal Container Corp., and Amcor Plc among others are the key factors contributing towards the growth of the beer can market in the North America region. Market players operating in the region are focusing on product enhancement by imparting different effects on the surface of cans. Product innovation, production expansion, and strategic partnerships are the key growth strategies adopted by the key market players to remain competitive in the market.
Research Methodology
The market study of the North American beer can market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Beer Can Market By Packaging Type
5.1.1. Aluminium Can
5.1.2. Steel/ Tin Can
6. Regional Analysis
6.1. US
6.2. Canada
7. Company Profiles
7.1. Anheuser-Busch InBev
7.2. Amcor Plc
7.3. Ardagh Group S.A.
7.4. Ball Corp.
7.5. Crown Holdings, Inc.
7.6. Kaufman Container Co.
7.7. Mauser Packaging Solutions
7.8. Metal Container Corp.
7.9. Silgan Containers LLC
7.10. Vessel Packaging Co.
1. NORTH AMERICAN BEER CAN MARKET RESEARCH AND ANALYSIS BY PACKAGING TYPE, 2019-2026 ($ MILLION)
2. NORTH AMERICAN BEER CAN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
1. NORTH AMERICAN BEER CAN MARKET SHARE BY PACKAGING TYPE, 2019 VS 2026 (%)
2. NORTH AMERICAN BEER CAN MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. US BEER CAN MARKET SIZE, 2019-2026 ($ MILLION)
4. CANADA BEER CAN MARKET SIZE, 2019-2026 ($ MILLION)