Asia-Pacific beer can market is anticipated to showcase a moderate CAGR of 4.5% during the forecast period (2020-2026). Beer is the most common drink consumed across Asia-Pacific. The rising demand for beer owing to the rising disposable income, growing young population, and increase in consumer preferences for beer over other alcoholic beverages is promoting the beer manufacturer to expand their production capacity in the region. Heineken N.V., United Breweries (UBL) Breweries, SABMiller Plc, Anheuser-Busch InBev, and Asahi Breweries Ltd. are the key players operating in the Asia-Pacific beer industry.
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In January 2020, Dutch brewing company Heineken had increased its stake from 46% to 51% in the United Breweries (UBL) Breweries, a Bangalore based India’s largest beer manufacturer to proliferate the manufacturing process of its brand. In April 2019, Suntory Holdings Ltd. partnered with an Israeli based company, Drinkripples. As part of the collaboration, Suntory utilizes Drinkripples' Ripple Maker machines to print branded and viral content on top of Suntory beer in Suntory certified locations and factories throughout Japan, which contributes to the brand recognition and growth of the company. The growth of the beer industry in the beer industry is anticipated to offer high growth potential for the beer packaging industry in the region, which will raise the usage of beer cans.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
Asia-Pacific Beer Can Market report Segment
By Packaging Type
Asia-Pacific Beer Can Market report Segment
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