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Exclusive Report on US Beverage Cans Market
The US beverage cans market is segmented on the basis of two primary end use segments i.e. Alcoholic beverages and Non alcoholic beverages. The industry analysis is carried out based on trends spotted in both end-use segments. The Non Alcoholic beverage segment is further sub-divided into Water (Bottled and Sparkling), CSD, RTD Tea and Coffee, Energy Drinks segments. The Alcoholic beverage segment is further sub-divided into Beer and Spirits & Wine segments. Non Alcoholic Beverage Cans Market : Carbonated Soft Drinks (CSD): CSD segment accounts for ~65.6% of the US Non Alcoholic Beverage Cans Market. Almost 50% of new CSD launches in 2021 was packaged in cans. Energy Drinks: Energy drinks are accounts for 3% of US Non Alcoholic Beverages Market. However, since majority of the energy drinks are packaged in cans; Energy Drinks segments accounts for 15.8% of the US Non Alcoholic Beverage Cans Market. Water (Bottled and Sparkling): Can packaging accounts for <1% market share in the US water packaging market. Almost 50% of sparkling water products are packaged in cans. However, can packaging is not prevalent for the packaging of bottled water in the US. Water (Bottled and Sparkling) segment accounts for 7-8% of the US Non Alcoholic Beverage Cans Market. RTD Tea and Coffee: This segment accounts for 1% market share in the US Non Alcoholic Beverage Cans Market. Alcoholic Beverage Cans Market : Spirits and Wine: Spirits and Wine segment account for meagre share in the US alcoholic beverage cans market. Beer: Beer segment accounts for majority of the can packaging consumption in the US alcoholic beverage market. Most of the newly launched beer products are packaged in cans. Top companies in the US Beverage Cans Market are Ball Corporation and Crown Holdings. Ball corporation annual revenue has ~85% exposure to the beverage can packaging segment while Crown Holdings annual revenue has ~47.5% exposure to the beverage can packaging segment in 2020. Our in-depth market research study on the US Beverage Cans Market includes current and historical supply-demand assessment wherein market value and volume will be represented in US$ Mn and Mn Units respectively. The US Beverage Cans Market is segmented on the basis of material type, end use segments, and can types. The competition analysis section in this market research study includes company profiles, market share analysis, key financials, competition landscape, competition bench marking, production capacities, key strategies, and other comparative analysis and important data points. Click on the following link to request table of contents and full market research report on the US Beverage Cans Market: https://www.newtonconsultingpartners.com/request-a-proposal
Exclusive Report: The global pulp and paper industry was valued at US$ 717.2 Bn in 2021
Global Pulp and Paper Industry Highlights: The global market pulp industry was valued at US$ 66.6 Bn in 2021 and is estimated to reach US$ 94.3 Bn by the end of 2030. The global paper products industry was valued at US$ 650.6 Bn in 2021 and is estimated to reach US$ 832.4 Bn by the end of 2030. Pulp is a primary raw material used to make numerous end products such as tissues, printing and writing papers, hygiene, and other paper and paperboard products. The pulp and paper companies are also working towards identifying new application categories utilizing wood pulp. The global pulp industry is reliant on economic growth, international trade, and the rate of adoption of fiber based products. The major portion of produced pulp (also known as integrated pulp) i.e. 62% of total pulp market, gets converted into end products at the production site itself; while the remaining portion of total pulp i.e. market pulp is sold in open market to end paper product manufactures. The market pulp industry is expected to grow at decent CAGR value of 3.07%, in terms of volume, during 2020-2030. It is analysed that almost 92% of pulp is produced from mechanical processes. Two major species of pulp are hardwood pulp and softwood pulp. The hardwood pulp is primarily produced in Indonesia, Latin America, Northern US, Southern Canada and a few parts of Russia. The softwood pulp is primarily produced in Canada, Nordic countries and the Southern US. The hardwood pulp accounts for 56% and the softwood pulp accounts for 44% of global market pulp industry. The global paper products market volume was pegged at 425.2 Mn MT in 2021 and is expected to expand at a CAGR value of 1.31% to reach at 478.2 Mn MT by the end of 2030. The growing demand for sustainable or eco-friendly packaging and rising demand from sanitary and household applications (for e.g. tissue paper, wet wipes, and disposable paper cutlery) will drive the global paper products market during the forecast period. In an industry already challenged with the varying cost of the pulp prices in different regions of the world, the current competition from the Asian manufacturers has impacted operating margins of many pulp, paper and packaging companies present across the Europe and North America region. The Asian manufacturers have significant cost advantage due to close proximity of forest resources to their manufacturing facilities and lower labor costs. The western countries will also face increased pressure from the current and future ban on waste paper imports by the China and a few SEA countries. The 54.2% of global hardwood pulp capacity expansion is expected to take place in APAC region and the 100% of global softwood pulp capacity expansion is expected to take place in Europe region. Global pulp and paper industry dynamics Pricing pressures to impact pulp industry performance. Global demand for tissue and hygiene products is the leading source of demand growth for market pulp. Infant diapers account for 83% of the global diapers market. Fiber replacement to create enormous opportunities for virgin fiber companies. Fossil to Fiber substitution is the future of materials Lightweight packaging lowers environment footprint. Growth instability in few product segments might hamper future prospects. Effective implementation of cost optimization measures to improve operating margins is the major challenge in the industry. Growing deforestation in pulp and paper industry is a major threat to environment. The market information in the global pulp and paper market report is segmented on the basis of regions, product type and application type. Click on the following link to request for exclusive report on Global Pulp and Paper Industry: https://www.newtonconsultingpartners.com/request-a-proposal
