Middle East & Africa Beverage Metal Cans Market Report 2022: Increasing Popularity of Energy Drinks Presents Opportunities - ResearchAndMarkets.com

The "Middle East & Africa Beverage Metal Cans Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material and Application" report has been added to ResearchAndMarkets.com's offering.

The Middle East & Africa beverage metal cans market is expected to reach US$ 2,984.22 million by 2028 from US$ 2,349.61 million in 2022; it is estimated to grow at a CAGR of 4.1% from 2022 to 2028.

Metal cans can be reused several times without compromising the material's quality. The adoption of reusable metal packaging has expanded among consumers due to the increasing need to reduce the usage of traditional plastic packaging owing to the rising environmental concerns. Thus, large market participants, such as Ball Corporation, are providing circular delivery services to replace single-use throwaway packaging with durable and reusable metal cans. In addition, food and beverage firms are collaborating with metal can manufacturers to offer products in reusable metal containers.

Furthermore, increased investments by major companies in building recycling facilities and enhancing waste management systems play a critical role in the Middle East & Africa beverage metal cans market growth. Rising government measures to minimize carbon footprint and energy consumption have spurred the adoption of metal recycling across the region. Therefore, the Middle East & Africa beverage metal cans market is expected to grow at a good CAGR during the forecast period.

Middle East & Africa Beverage Metal Cans Market Segmentation

The Middle East & Africa beverage metal cans market is segmented on the basis of material, application, and country. Based on material, the market is bifurcated into aluminum and steel. The aluminum segment dominated the market in 2022. By application, the Middle East & Africa beverage metal cans market is segmented into carbonated soft drinks, alcoholic drinks, fruit and vegetable juices, and others. The alcoholic drinks segment dominated the market in 2022. Based on country, the Middle East & Africa beverage metal cans market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the market in 2022.

Market Dynamics

Market Drivers

• Recyclable Metal Cans
• High Consumption of Carbonated Soft Drinks

Market Restraints

• Increasing Use of Biodegradable Plastic Packaging

Market Opportunities

• Increasing Popularity of Energy Drinks

Future Trends

• Growing Demand For Canned Cocktails and Sparkling Wines

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. MEA Beverage Metal Cans Market Landscape

5. MEA Beverage Metal Cans Market - Key Market Dynamics

6. Beverage Metal Cans - MEA Market Analysis

7. MEA Beverage Metal Cans Market Analysis - By Material

8. MEA Beverage Metal Cans Market Analysis - By Application

9. MEA Beverage Metal Cans Market - Country Analysis

10. Industry Landscape

11. Company Profiles

12. Appendix

Companies Mentioned

• Ball Corporation.
• Crown Holdings, Inc.
• Ardgh Group S.A.
• CANPACK.
• Amcor plc.
• GZI Industries Limited.

For more information about this report visit https://www.researchandmarkets.com/r/bckqsm

View source version on businesswire.com: https://www.businesswire.com/news/home/20220923005394/en/