Beverage Cans Market Revenue Share Analysis, Region & Country Forecast, 2020–2027

The Global Beverage Cans market size is forecast to reach USD 32.93 Billion from USD 26.35 Billion in 2019, delivering a CAGR of 2.85% through 2027. The market growth is driven by the increasing popularity of energy & sports drinks, growth in aluminum recyclability prospects, rising health concern regarding the usage of plastic packaging, and beneficial properties of metals like aluminum, such as lightweight and high molding capacity.

Growing consumer awareness regarding the negative health impact of plastics container usage is prompting industry players to switch to glass and metal alternatives for beverage packaging. Several environmental lobby groups and Government agencies are also pestering manufacturers to significantly reduce plastic packaging. Carbonated drinks and water are usually bottled in PET bottles. However, bans on plastic packaging across several countries in the world will boost the adoption of beverage cans over the coming years.

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The superior properties offered by cans, including temperature maintenance and protection from the external environment, is fuelling the adoption of beverage cans. Increasing consumer inclination towards highly portable beverage packaging is poised to boost beverage cans market growth. Moreover, the increased consumption of performance enhancement beverages like sports & energy drinks, rehydration drinks, and caffeine-based drinks is likely to create major opportunities for industry growth over the forecast period.

Key players operating in the global beverage cans market are Ardagh Group S.A., ORG Packaging, Carolina Beverage Group, Ball Corporation (U.S.), Amcor, Crown Holdings, Inc., Silgan Holdings (U.S.), Orora, The Olayan Group, Bangkok Can Manufacturer Co. Ltd., Nampak Bevcan Limited, and Can-Pack S.A., among others.

For the purpose of this report, Reports and Data has segmented the Beverage Cans Market on the basis of size, material, structure, application, and region:

Size (Revenue, USD Billion; 2017-2027)

• 12Oz
• Others

Material Outlook (Revenue: USD Billion; 2017-2027)

• Aluminum
• Steel

Structure Outlook (Revenue: USD Billion; 2017-2027)

• Two-piece cans
• Three-piece cans

Application Outlook (Revenue: USD Billion; 2017-2027)

• Alcoholic
• Wine
• Beer
• Others
• Non-alcoholic
• Carbonated Soft Drinks
• Fruit Juices and Fruit-Based Drinks
• Ready-to-drink Coffee and Tea
• Sports & Energy Drinks
• Others (includes CBD)

Regional Outlook (Revenue: USD Billion; 2017-2027)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Further key findings from the report suggest

• In terms of size, the 12 oz beverage segment held 73.5% of the beverage cans market share in 2019 and is set to gain major traction over the projected timeframe. The 12 oz beverage container size is considered standard size and is extensively used for carbonated drinks, fruit-based juices, and other beverages. The introduction of special flavored energy drinks and other functional drinks will bolster product proliferation over the coming years.
• On the basis of material, the aluminum segment is projected to register a growth rate of 4% through 2027 on account of advantages offered by the product, such as lightweight and efficiency of shipping and storing the beverage cans. Additionally, aluminum offers faster-chilling capabilities as compared to other beverage containers, making it the first choice for packaging beverages.
• Based on application, the alcoholic beverages segment accounted for 39.8% of the beverage cans market in 2019 and is estimated to garner major revenue gains over the projected timeframe on account of increased spending on premium alcohols, primarily by millennials. 
• In the regional landscape, North America is estimated to witness a notable growth rate of 3.9% over the analysis period. The robust growth can be attributed to the growth of the soft drink industry in the United States, bolstering the demand for beverage cans.
• Europe Beverage Cans market is forecast to gain major traction through 2027 on account of increased consumption of carbonated drinks and beer in the region.
• The APAC region accounted for 23.2% of the beverage cans market share in 2019 and is likely to grow significantly over the forecast period due to the abundance of raw material like aluminum as well as bauxite and iron ore in the region. Additionally, China has enhanced up its aluminum production capacity over the past decade. The country produces over 50% of the aluminum produced globally, which will positively impact the regional industry growth. 

Key insights presented in the report:

·         Market revenue shares by major business players, by type, application, and market scope of global Beverage Cans market

·         Sales revenue by key players and new entrants

·         Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.

·         Recent mergers, acquisitions, product launches, recent investments, and joint ventures

·         Regional analysis to provide insight into recent trends and opportunities.

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Prebiotics Market Trends, Key Players, DROT, Analysis & Forecast Till 2027

The global Prebiotics market is expected to reach USD 9.56 Billion by 2028, according to a new report by Reports and Data. This can be mainly contributed by the increase in use of prebiotics in dairy products, especially in infant food.

The demand for prebiotics in the pharmaceutical industry as a health prevention of gastrointestinal (GI) disorder, for relieving patients from diarrhea, vomiting, and abdominal pain, will also drive the growth of the market. Moreover, the changing lifestyles in the emerging economies, due to rapid urbanization and increasing disposable income will also have a positive impact on the market. Some of the notable trends that are affecting the market growth are, increasing interest towards higher fiber consumption, growing obesity concern, coupled with the growing trend of burning surplus calories.

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These supplements are highly stable, have a longer shelf life, and are unaffected by temperature. They are resistant to the body’s enzymes and gastric acids, which means that they are not destroyed, or digested, or absorbed as they pass through the digestive system, unlike many prebiotics. Prebiotics reach the colon intact and unaltered. Moreover, they can be used as a supplement to almost every type of food, or drink, without compromising their effectiveness.

Key participants include Sensus, Cosucra, Beneo, Yakult Pharmaceutical, Friesland Campina Domo, Nissin, Ingredion, Clasado BioSciences, NFBC, Danisco, Tate and Lyle, Roquette, Wacker, Baolingbao, Beghin Meiji, QHT, Nikon Shikuhin KaKo, Hayashiabara, and Longlive, among others.

For the purpose of this report, Reports and Data have segmented global Prebiotics Market on the basis of product type, formulation, application, and region:

Product type Outlook (Volume, Kilo tons; 2020-2028 and Revenue, USD Billion; 2020-2028)

FOS

Inulin

MOS

GOS

Formulation Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)

Tablets

Capsules

Powder

Softgels

Others

Applications Outlook (Volume, Kilo tons; 2020-2028 And Revenue, USD Billion; 2020-2028)

Food & beverages

Dietary supplements

Healthcare & Pharmaceuticals

Regional Outlook (Volume, Kilo tons; 2020-2028 and Revenue, USD Billion; 2020-2028)

North America

Europe

Asia Pacific

Latin America

MEA

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Further key findings from the report suggest

The market is segmented on the basis of product type into fructo-oligosaccharide (FOS), mannan-oligosaccharide (MOS), galacto-oligosaccharide (GOS) and inulin.

The fructo-oligosaccharides (FOS) segment is anticipated to witness the highest CAGR of more than 10.6% throughout the forecast period.

FOS are non-digestible fiber, which can resist bacterial infections. It also helps in the prebiotic bacteria growth in the gastrointestinal tract, treating cholesterol levels, constipation, and diarrhea.

The market is segmented on the basis of the formulation into tablets, capsules, softgels, powder, and others.

The softgels accounts for the largest market share of ~27% in the year 2020, owing to its demand from the dietary supplements sector. These supplements are highly consumed since the elements in the capsules enhance the digestive system response of an individual.

The softgels accounts for the largest market share of 30% in the year 2020. The booming dietary supplements sector; rising disposable incomes; and the awareness regarding these supplements will fuel the demand for softgels.

The market is segmented on the basis of applications into food & beverages, dietary supplements, and healthcare & pharmaceuticals.

The dietary supplements segment is forecasted to witness the highest CAGR of 9.9% during the forecast period. The aging population, coupled with increasing issues of gut health are driving the demand for the product in various applications. This leads to an increase in demand for products to improve the health of intestines.

The market is segmented on the basis of geography by North America, Europe, Asia Pacific, Latin America, and MEA.

The Asia Pacific region is forecasted to witness the highest growth rate of 10.2% during the forecast period, owing to booming healthcare & pharmaceuticals industry in the emerging countries, such as India and China.

Increasing popularity for dietary supplements due to rising disposable income, changing lifestyle and growing health awareness will also be a contributing factor for the market in APAC.

The companies have adopted various strategies including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

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Carpet and Rugs Market Revenue Share Analysis, Company Profiles, and Forecast To 2027

The global Carpet and Rugs Market size is estimated to reach USD 168.27 Billion from USD 111.49 Billion in 2019, delivering a CAGR of 4.5% through 2027. The market growth is driven by rapid urbanization and globalization across the globe, along with increasing consumer spending on home interior aesthetics and renovation activities.

Carpets and rugs are used in homes and offices for their artistic, aesthetic, and functional properties. They not only cover floors but also enhance the overall appeal as a part of interior decoration. The rugs and carpets offer a protective layer to floors and are a crucial part of the home and office interiors in the cold climate region for trapping warmth. A rise in the number of residential and commercial projects across the globe, along with an increasing focus on the aesthetics aspect of buildings, is likely to boost the global carpets and rugs market growth. 

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The industry players in the carpets and rugs market are focused on developing products that are more environment-friendly, durable, versatile, and easy to install as well as maintain. Moreover, product availability on online distribution channels will supplement the carpets and rugs market share over the forecast period.

Key participants in the carpet and rugs market are Victoria Plc., Ikea Group, Tarkett S.A., Interface Inc., Milliken & Company, Mohawk Industries, Inc., Oriental Weavers, Tai Ping Carpets International Limited, Home Depot Inc., and Dixie Group Incorporation, among others.

For the purpose of this report, Reports and Data has segmented into the Global Carpets and Rugs Market on the basis of material, type, application, distribution channel, and region:

Material Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)

• Polyester
• Nylon
• Polypropylene
• Other

Type Outlook (Revenue, USD Billion; 2017-2027)

• Woven Carpet and Rugs
• Knotted Carpet and Rugs
• Needle-punched Carpet and Rugs
• Tufted Carpet and Rugs
• Others

Applications Outlook (Revenue, USD Billion; 2017-2027)

• Residential
• Commercial
• Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

• Supermarket/Hypermarkets
• Online
• Specialty Stores
• Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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Further key findings from the report suggest

• On the basis of material, the polyester segment is estimated to exhibit a growth rate of 5.2% through 2027. The polyester material is stain-resistant, is made from recycled bottles, and is also cost-efficient. Growing environmental concerns is likely to drive the demand for polyester-based rugs and carpets over the coming years.
• Based on type, woven carpets and rugs are forecast to showcase a growth rate of 5.1% through 2027 on account of less wastage in manufacturing, which aids manufacturers to save money. The woven designs offer superior performance, aesthetics, and value as compared to other types.
• The tufted carpets segment is forecast to account for 32.1% of the carpet and rugs market share through 2027 on account of positive product attributes such as sturdy and hardwearing. Due to attractive properties, it is widely used for wall-to-wall carpeting and rooms with heavy furniture.
• The commercial segment is estimated to account for 38.1% of the market share over the analysis period on account of extensive product usage for maintaining a unique décor.
• On the basis of application, the residential sector is estimated to contribute significantly to the carpets and rugs market share, exhibiting a CAGR of 4.9% through 2027. Inspired by social media trends, homeowners are replacing their worn out or old carpets and rugs with newer ones. The growing focus of homeowners on interior decoration will boost segmental growth over the analysis period.
• On the basis of the distribution channel, the online segment is anticipated to witness a growth rate of 5.1% through 2027. The robust growth can be attributed to the comfort and ease of shopping online without having to deal with the hassle of going out and looking for the desired item in different shops. The segmental growth will be driven by an increased focus on saving time and money.
• These industry players are adopting several strategies such as acquisitions, mergers, collaborations, new product development, and capacity expansion, thereby supporting the overall growth of the market. Moreover, rising investments by the key industry players for the R&D activities will further bolster market growth over the analysis period. 

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Key insights presented in the report:

·         Market revenue shares by major business players, by type, application, and market scope of global Carpet and Rugs market

·         Sales revenue by key players and new entrants

·         Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.

·         Recent mergers, acquisitions, product launches, recent investments, and joint ventures

·         Regional analysis to provide insight into recent trends and opportunities.

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Organic Starch Market Trends, Growth Factors, Regional Segment Revenue Analysis, 2020–2026

According to the current analysis of Reports and Data, the global Organic Starch market was valued at USD 36.27 Billion in 2018 and is expected to reach USD 52.19 Billion by year 2026, at a CAGR of 4.6%. As the lifestyle of people today comprises of long working hours, there is a surging demand for ready-to-eat convenience foods, that are easily available in retail stores. Organic starch is an important bulking, sweetening and binding agent in such applications. It also finds important applications in the textile and pharmaceuticals industry, in applications like textile sixing of cotton clothes and diluting, binding and lubrication processes. It is due to such desirable properties that organic starch is observed to be gaining a significant traction on a global level.

While the developed European and American economies currently hold a large market share both in production and consumption of organic starch, the Asia Pacific region along with other emerging economies is expected to grow strongly over the following decade

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For the purpose of this study, Reports and Data have segmented the Organic Starch market on the basis of product type, distribution channel, application, end use, and region:

 

Product Type (Revenue, USD Million; 2016–2026)

• Potato Starch
• Corn Starch
• Arrowroot Starch
• Tapioca Starch
• Others

Distribution Channel (Revenue, USD Million; 2016–2026)

• Direct
• Indirect
• Store-based selling
• Online retailing

 

Application (Revenue, USD Million; 2016–2026)

• Bulking Agent
• Anti-Caking Agent
• Sweetener
• Stabilizer
• Fat Replacer
• Others

 

End Use (Revenue, USD Million; 2016–2026)

• Baking Industry
• Meat Industry
• Animal Feed Products
• Textile Industry
• Pharmaceutical Products
• Personal Care Products
• Others

 

Regional Outlook (Revenue in USD Million; 2016–2026)

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

 

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Further key findings from the report suggest-

• Rapidly changing consumer lifestyle that demands an increased availability of ready-to-eat convenience and packaged foods is propelling market growth. With an increasing number of restaurants and food outlets serving these products, the demand for organic starch is going up.
• A high demand for natural and clean product labels along with rising sweetening requirements are leading the corn starch market globally. The market is expected to expand at a CAGR of 4.6% over the forecast time frame.
• Organic Arrowroot Powder finds popular application as a thickener in fruit gels and fruit sauces. It is preferred over corn starch in specific uses as it creates a perfectly clear gel and does not break even after being combined with acidic ingredients.
• Potato starch has numerous applications in ready-to-eat, ready-to-mix and convenience food products globally, and especially in emerging economies because of its ability to form clear pastes and solutions. This is fueling the potato starch market growth.
• Geographically, North America is expected to lead the global organic starch market due to extensive demand for packaged and processed foods. Potato starch is used widely to produce wiener, meat balls and hamburgers, and hence the strong demand.
• Poland and other eastern European countries will be leading the market for organic starch in the European region, which is already a mature production share holder. This is due to the fertile resources and a burgeoning demand.
• Nations like India and China are leading the textile industry growth in the Asia Pacific region. The applicability of starch in textile sizing is leading the product demand in these markets.
• The organic starch market is winning over conventional alternatives such as regular starch or gelatin due to properties like the provision of ubiquitous texture that is product appealing.

 

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Highlights of the TOC:

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

    3.1. Rapidly changing consumer lifestyle

    3.2. Rising awareness about healthy diets

    3.3. Increasing use for convenience foods

    3.4. Booming textile industry

Chapter 4. Organic Starch Segmentation & Impact Analysis

    4.1. Organic Starch Segmentation Analysis

    4.2. Organic Starch Market Value Chain Analysis, 2016-2026

…..

Chapter 11. Company Profiles

    11.1. Tate & Lyle

           11.1.1. Company Overview

           11.1.2. Financial Performance

           11.1.3. Product Length Benchmarking

           11.1.4. Strategic Initiatives

    11.2. Aryan International

           11.2.1. Company Overview

           11.2.2. Financial Performance

           11.2.3. Product Length Benchmarking

           11.2.4. Strategic Initiatives

    11.3. Avebe

           11.3.1. Company Overview

           11.3.2. Financial Performance

           11.3.3. Product Length Benchmarking

           11.3.4. Strategic Initiatives

    11.4. Ingredion

           11.4.1. Company Overview

Continued…

 

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LED Lighting Market Major Strategies, Key Companies, Revenue Share Analysis, 2020–2027

The LED Lighting Market is anticipated to gain a valuation of USD 111.20 billion by the end of 2027, growing from its valuation of USD 100.09 billion in 2019 at a CAGR of 1.83% throughout the projected period. The LED lighting market is predominantly driven by the increasing use of LED lights in the residents and business organizations. The cost-efficient and energy-saving features of the LED lighting are adding traction to the growth of the market.

LED, light-emitting diode, lights are incredibly energy efficient and product light 90 times more efficient as compared to incandescent light bulbs. The diodes directly convert the electrical energy into light energy, and they are primarily used in lamps as an alternative to incandescent light sources. The LED lighting market’s primary driving factor is the sustainable approach to energy conservation and the stringent energy policies globally. Additionally, the cost-effectiveness and reduced heat losses, and their efficiency in replacing incandescent light sources are adding to the demand for the market. 

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The COVID-19 pandemic has affected the LED Lighting market as it has caused disruptions in the global supply chains of the electronic components, delayed the manufacturing processes owing to the shutdowns of factories, and a decreased demand, thereby slowing down the growth of the market. However, the market is poised to regain momentum as stores, and commercial spaces have started reopening across the world.

Some of the prominent players of the Led Lighting market are Acuity Brands, Cree, Eaton, General Electric, Philips, Osram, Nichia Corporation, Seoul Semiconductors, Everlight Electronics, and Panasonic.

For the purpose of this study, Reports and Data has segmented the LED Lighting Market on the basis of type, installation, utilization, and region: 

By Type (Revenue, USD Million; 2017-2027)

• Lamps
• Luminaires

By Installation (Revenue, USD Million; 2017-2027)

• New
• Retrofit

By Utilization (Revenue, USD Million; 2017-2027)

• Indoor
• Outdoor

By Region (Revenue, USD Million; 2017–2027)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Further Key Findings from the Report Suggests:

• The LED Lighting Market is anticipated to gain a valuation of USD 111.20 billion by the end of 2027, growing from its valuation of USD 100.09 billion in 2019 at a CAGR of 1.83% throughout the projected period.
• The LED lighting market is predominantly driven by the increasing use of LED lights in the residents and business organizations. LED, light-emitting diode, lights are incredibly energy efficient and product light 90 times more efficiently as compared to incandescent light bulbs.
• The LED lighting market’s primary driving factor is the sustainable approach to energy conservation and the stringent energy-saving policies globally.
• Based on the type of LED lights, the luminaires segment is anticipated to register an increased demand and growth over the projected period. Luminaires are extensively applied for industrial and commercial lighting. Luminaries are predominantly used in streetlights, track lights, downlights, and for numerous other applications. They offer more light per power output, and their control is feasible, thereby driving the growth of the segment.
• Based on the installation type, the retrofit segment is presumed to grow at the highest rate due to its growing popularity in the residential sector. The retrofit technique enhances the features of technology and offers increased efficiency.
• Based on the utilization, the indoor segment held the largest share in 2019 and is anticipated to continue dominating the market over the projected period of 2020-2027. This can be attributed to the rising use of LED lights in places such as houses, offices, retail stores, malls, educational institutions, and hospitals, among others.
• Based on the regional analysis, Asia Pacific dominated the market in 2019 and is anticipated to hold a significant share over the coming years. This can be accredited to increasing initiatives undertaken by the governments of APAC countries for the large scale deployment of LEDs combined with the existence of prominent market players in the region.
• North America is anticipated to follow closely owing to rising R&D activities, increased usage of LEDs for commercial and industrial purposes, and partnerships of the prominent players to expand their presence in the market.

Key Highlights in the Report:

• Provides a detailed overview of market growth and patterns for the years 2020-2027, including key market parameters.
• It provides useful information about the global LED Lighting industry, including market forecasts and sales growth rates.
• Technical advances, regulatory environment, recent innovations, and existing and emerging trends in the LED Lighting market are all covered in this report.
• Comprehensive industry analysis, including key statistical data and market knowledge gleaned from primary and secondary research.

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