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Global Beverage Can Toppers Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ XX Mn.
The global Beverage Can Toppers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Beverage Can Toppers report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Beverage Can Toppers Market
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Global Beverage Can Toppers Market Overview:
Beverage can toppers are used to close both packed and opened beverages, and their market is expected to grow during the forecast period. The beverage can toppers are also part of the product design and development process, providing an eye-catching aesthetic appeal to the product. They also aid in the reduction of microbial activity in newly produced beverages such as tea, coffee, fruit and vegetable juices, plant extract drinks, and dairy-based drinks, among others. They're also great for keeping carbonated drinks like Pepsi, Coke, and other low-calorie and zero-calorie beverages intact.
Global Beverage Can Toppers Market Dynamics:
Drivers:
The beverage can toppers market is growing due to the rising demand for non-alcoholic beverages, particularly ready-to-drink health drinks. Another reason fueling the growth of the beverage can toppers market is the growing demand for craft beers throughout the world, particularly in the APEJ and Eastern Europe.
Restraints:
However, concerns about global warming, along with the excessive use of plastic in the production of beverage can toppers, are a stumbling block to the market's expansion. The possibility of natural resource depletion in the manufacture of metallic beverage can tops is another stumbling factor.
Global Beverage Can Toppers Market Segment Analysis:
Based on End User, the non-alcoholic beverages segment accounted for the largest revenue share of the market followed by alcoholic beverages. Crown, Metal screw cap, Maci-P, Maxi-PN, PT (Press On Twist) Cap, Rinpul-P Cap, Roll-On Cap, ROPP (Roll On Pilfer Proof) Cap, Twist-off cap, and so on are some of the different types of soda can toppers. The crown-type soda can toppers are used in the packaging of beers and soft drinks at high speeds. The rinpul-p beverage can toppers can be used in the packaging of fruit juices. Roll-on beverage can toppers provide customers with safe opening and closure and are also suitable for the packaging of baby juices. The tamper obvious band on the roll-on pilfer-proof topper splits when opening the closure to test the first opening seal. This is often used to package health foods, beer, soft drinks, and other beverages. The twist-off style of soda can toppers, which are used to package kinds of ketchup, have buttons that make a pop sound as they are opened.
Global Beverage Can Toppers Market 1
Global Beverage Can Toppers Market Regional Insights:
Because of their rising uses in the repackaging of health drinks and carbonated beverages, North America and Europe occupy a considerable market share of the beverage can toppers industry. Furthermore, the rise in R & D efforts connected to packaging technologies, where beverage can toppers are employed to improve product features, contributes to the region's beverage can toppers market expansion.
Because of the increased need for reusable and sustainable packaging solutions, the market in the APEJ area is increasingly oriented toward beverage can toppers.
Global Beverage Can Toppers Market 2
The objective of the report is to present a comprehensive analysis of the global Beverage Can Toppers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Beverage Can Topper's market dynamics, structure by analyzing the market segments and project the global Beverage Can Toppers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Beverage Can Toppers market make the report investor’s guide.
Global Beverage Can Toppers Market Key Developments:
Some of the brands that have partnered with CROWN Bevcans in Europe and the Middle East include Lipton Iced Tea and The London Beer Factory. They were instrumental in introducing thermochromic inks to beer can toppers. The beer cans and beverage can toppers with the resealable feature are available from Orora Packaging Pty. Ltd. The resealable beverage can toppers' two-step pull resists tampering.
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Global Beverage Can Toppers Market Scope: Inquire before buying
Global Beverage Can Toppers Market 3
Global Beverage Can Toppers Market, by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Beverage Can Toppers Market Key Players
• Crown
• Global Closure Systems
• Ball Corporation
• Nippon Closures Co., Ltd.
• O.BERK COMPANY, LLC
• Reynolds
• Tri-sure
• WestRock Company
• Orora Packaging Australia Pty Ltd.
• Snap Capp Distribution Company
• Silgan Containers LLC
• Ardagh Group
• Amcor
• Metal Container Corporation
• Other Key Players
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