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The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly.

The market report includes:

All-encompassing report of the market
Critical insights into the market
Dominant regions in the world
Market drivers and restraints
Competitive landscape
COVID-19 impact
Market Driver:

Evolving Consumer Lifestyle to Influence Massive Growth

The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

COVID-19 Impact:

Varied Effect of COVID-19 on the Beverage Cans Market

The restrictions imposed by the governments on bauxite mining, transportation of raw material, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

Regional Analysis:

Inclination towards Healthy Beverages to Boost Market in North America

North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

Key Development:

July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

The Report Lists the Key Companies in the Market:

Ball Corporation (U.S.)
Orora Packaging Australia Pty Ltd (Australia)
Crown Holdings, Inc. (U.S.)
Ardagh Group S.A. (Ireland)
CANPACK S.A. (Poland)
GZ Industries Ltd. (Nigeria)
CPMC Holdings Ltd. (China)
MSCANCO (Saudi Arabia)
Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
Universal Can Corporation (U.S.)
Techpack Solutions (China)
Baosteel Metal Co., Ltd. (China)
Asia Packaging Industries (Vietnam)
Silgan Holdings (U.S.)
Other Key Players

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The global beverage cans market size is expected to reach USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The growing adoption of alcoholic beverages in underdeveloped and conservative countries can simultaneously bolster the healthy growth of this market, states Fortune Business Insights, in a report, titled “Beverage Cans Market Size, Share & COVID-19 Impact Analysis, By Product (Aluminium, and Steel), Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit and Vegetable Juices, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 25.31 billion in 2019.

Information Source - https://www.fortunebusinessinsights.com/beverage-cans-market-104706

The coronavirus emergency has financially drained various industries and sectors around the globe. The governments of several countries have instigated lockdowns to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies receive in-depth information about every market's present scenario so that they can adopt the necessary strategies accordingly.

The market report includes:

All-encompassing report of the market
Critical insights into the market
Dominant regions in the world
Market drivers and restraints
Competitive landscape
COVID-19 impact
Market Driver:

Evolving Consumer Lifestyle to Influence Massive Growth

The rising urbanization, coupled with the growing population are factors expected to boost the growth of the market. The increasing disposable income in developing countries has led to high consumer spending on beverages, which, in turn, will propel market growth. Brand preference has played an essential role in spurring the demand for beverages in developing countries, thus boosting market growth. The growing knowledge about sustainable and recyclable beverage packaging among consumers will consequently improve the demand for metal cans in the forthcoming years. Moreover, shifting lifestyle choices and increasing health consciousness will fuel demand for healthy and nutritious drinks, hence favoring the business of beverage cans.

COVID-19 Impact:

Varied Effect of COVID-19 on the Beverage Cans Market

The restrictions imposed by the governments on bauxite mining, transportation of raw materials, and recycling activities of aluminum have disrupted the supply chain of the industry. Thus, a shortage in the supply of cans by beverage manufacturers. Nevertheless, the demand for beverages peaked high during the pandemic. The buying pattern of consumers changed drastically, and the high consumption of beverages during the lockdown helped in the recovery of the beverage cans market growth. The inflated demand for beverages impelled manufacturers to adopt strategies to stabilize these cans' supply and production amid the global pandemic.

Regional Analysis:

Inclination towards Healthy Beverages to Boost Market in North America

North America is expected to hold the largest beverage cans market share in the foreseeable years. The increasing health consciousness among consumers has led to high demand for healthy and nutritious beverages in the US. Asia Pacific is expected to expand rapidly during the forecast period. The growth is attributed to the rising population and urbanization activities in the region. Moreover, increasing consumer spending and changing lifestyles will have a tremendous impact on the region's market. Moreover, the growing consumer awareness regarding environmental pollution has impelled manufacturers to use sustainable packaging solutions, which, in turn, will augur well for the market in Europe. Besides, the European Union's initiative to achieve the goal of a circular economy will further fuel demand for these cans in the forthcoming years.

Key Development:

July 2020: CANPACK, a global manufacturer of aluminum beverage cans, began production at its greenfield facility in Stříbro, Czech Republic, after 10 months of project announcement. The plant has an investment of US$ 117.5 Mn, with the capacity to produce 1 billion cans annually.

The Report Lists the Key Companies in the Market:

Ball Corporation (U.S.)
Orora Packaging Australia Pty Ltd (Australia)
Crown Holdings, Inc. (U.S.)
Ardagh Group S.A. (Ireland)
CANPACK S.A. (Poland)
GZ Industries Ltd. (Nigeria)
CPMC Holdings Ltd. (China)
MSCANCO (Saudi Arabia)
Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan)
Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka)
Universal Can Corporation (U.S.)
Techpack Solutions (China)
Baosteel Metal Co., Ltd. (China)
Asia Packaging Industries (Vietnam)
Silgan Holdings (U.S.)
Other Key Players

This article shows the European and America has lost total trust of many countries including African countries. It created a smooth way for China to be more in command with what happens in Africa. The truth here is many countries now have confidence with China than Europe and America. Why...? What really went wrong?

Does China have a role to play in helping to end Sudan's crisis?

China might be able to help mediate in the deadly conflict in Sudan but the warring parties are still far from any compromise, according to analysts.

Clashes between rival Sudanese military forces this month have left at least 350 people dead and thousands wounded.

The fighting between the Sudanese Armed Forces and the heavily armed Rapid Support Forces paramilitary group erupted in the capital Khartoum on April 15 and flared in other parts of the country after months of jostling for power.

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Last month, China helped broker a deal to restore diplomatic agreement between Saudi Arabia and Iran, using its leverage with both countries to bring them together.

But a repeat of that success with Sudan was unlikely any time soon, according to Ma Xiaolin, an international relations professor focusing on Islamic countries at Zhejiang International Studies University.

"China is in a good position to be a mediator in the crisis," Ma said.

"China has always had good relations with Sudan, including relations with their military, and politically speaking, both parties [in the conflict] have trust in China.

"[But] at least for now, judging from official statements, China has not yet shown any intention to mediate and is probably watching the situation evolve."

So far, Beijing has - at least publicly - said only that it hopes the two parties will cease fighting as soon as possible and avoid worsening the situation.

"China hopes that the Sudanese parties will strengthen dialogue and jointly promote the political transition process," the foreign ministry said on April 16.

Zeno Leoni, a lecturer at the Lau China Institute at King's College London, said Sudan was an important part of the Middle East and Northern Africa (MENA) region for China.

"In China's overall grand strategy, Sudan, together with other MENA region countries, can become a key ally of China should Beijing ever decide to take greater international responsibilities," Leoni said.

"Furthermore, Sudan has been for a long time a supporter of Beijing, and this is important for the legitimacy of Chinese foreign policy endeavours in Africa."

Hannah Ryder, a senior associate in the Africa programme at the Centre for Strategic and International Studies, said the African Union and Intergovernmental Authority on Development were leading the mediation role in the Sudan crisis, but China could still play a role.

"It is very important for China to recognise the role of the African Union and use African solutions to African problems, but China provides a neutral ground for the parties to come together," Ryder said.

"What China did with Saudi Arabia and Iran really gives the country a background that it can play a helpful role [in mediation]."

One factor that could prompt China to play a part is its economic presence in Sudan, according to experts.

"China's interest is to end the crisis and ensure that socio-political instability does not jeopardise the flow of oil," Leoni said.

Before splitting into two nations in 2011, Sudan was an important destination for China's overseas energy investments, accounting for more than 5 per cent of Chinese crude oil imports.

Beijing is still the largest buyer of oil from South Sudan, which accounts for around 2 per cent of China's oil needs.

Though South Sudan has most of the oil reserves, most of the pipelines and processing facilities are owned by Sudan, which therefore largely determines the oil flow.

China has a significant presence in the oil companies of both Sudan and South Sudan, covering a wide range of sectors from oil exploration to oil pipeline construction.

China is also one of the biggest investors in Sudan, where Chinese enterprises are involved in various infrastructure sectors and have a market share of over 50 per cent in contracted works.

Moreover, 130 Chinese companies invest and operate in Sudan, which was also home to a sizeable Chinese workforce in 2020, according to China's Ministry of Commerce.
But for Beijing to have any prospect of making a difference, the two sides must show some willingness to come to the negotiating table, something Volker Perthes, the United Nations secretary general's special representative for Sudan, said was far from happening.

"The two sides who are fighting are not giving the impression that they want mediation for peace between them right away," Perthes said last week.

Leoni said the origins of the crisis were internal rather than external, and so "the international community might have limited leverage".

Ma agreed, adding: "External forces are secondary to this role, the main thing is that the two sides of the conflict can reach a compromise, which is the key."

This article originally appeared in the South China Morning Post (SCMP)