China beer can market is anticipated to showcase a significant CAGR of 4.8% during the forecast period (2020-2026). According to the American Addiction Center, China is the largest producer of beer across the globe by far, with an annual production rate of over 112 billion 12 oz. beers. Additionally, beer is the most common refreshment drink consumed across China. 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 country. Anhui Dream-China Technology Co., Ltd., Ball Corp., CPMC Holdings Limited, Crown Holdings, Inc., Great China Metal Ind. Co Ltd., Pacific Can China Holdings Ltd. Heineken N.V., United Breweries (UBL) Breweries, SABMiller Plc, Anheuser-Busch InBev, and Asahi Breweries Ltd. are the key players operating in the China beer industry.
Browse the full report description of "China Beer Can Market Size, Share & Trends Analysis Report by Packaging Type (Aluminium can, Steel / Tin Can) Forecast period (2020-2026)" at https://www.omrglobal.com/industry-reports/china-beer-can-market
In August 2020, Bud Light, a premium brand of Budweiser has entered the Chinese market, starting in the Guangdong Province. In August 2018, Heineken NV has entered into a $3.1 billion partnership with China Resources Beer, a major beer-producing company in China. With this partnership the two companies aiming to tap a growing thirst for premium brands in China beer market. The expansion of these companies in the country is expected to create huge demand for the beer cans for the easy consumption and transportation of beer produced in the country.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
China Beer Can Market Report Segment
By Packaging Type