European beer can market is anticipated to showcase a moderate CAGR of 3.0% during the forecast period (2020-2026). The high recycling rate of beverage cans in the region is a key factor promoting the growth of the beer can market in the region. Beer is highly used as a refreshment beverage in the region. Beer packaging performs the utmost role in the production and distribution of this beverage. Beer cans are highly manufactured using aluminum which is a highly sustainable packaging material. Aluminum beer cans are strong, lightweight, and stackable which allows the brands to make more cans using less material.
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European cohesive government regulations related to the use of eco-friendly products for packaging motivates the usage of aluminum to manufacture beer can in the region. The consumer recycling rate for beer can and industrial recycling rate of a beer can is high in the region. According to the metal packaging Europe, in 2017, the recycling rate for used aluminum beverage cans in the region was 71.3%. In addition, the EU aims to achieve a target of 80% by 2020. Therefore, the high recycling rate of beer cans in the region s expected to fuel the growth of the market in the region.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
European Beer Can Market report Segment
By Packaging Type
European Beer Can Market report Segment
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