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According to Fortune Business Insights, The global beverage cans market is experiencing significant growth due to the rising consumption of beverages, growing awareness about sustainable packaging, and increased demand for ready-to-drink (RTD) products. The market was valued at USD 25.31 billion in 2019 and is projected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period.
Metal cans, especially aluminium, are increasingly favored for their lightweight, recyclability, and long shelf life, making them the preferred choice for both alcoholic and non-alcoholic beverage packaging. Beverage cans are metal containers designed to store specific quantities of drinks, including alcoholic beverages, carbonated drinks, fruit juices, tea, and energy drinks. These cans are primarily produced from aluminum or steel, offering excellent recyclability and sustainability. Their growing popularity among beverage producers is driven by their eco-friendly nature and ability to be recycled repeatedly without losing quality.
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