The market for aluminium bottles is predicted to grow at an 8.7% CAGR between 2021 and 2031, according to the most recent research from FMI. It is projected that the demand for these bottles would gradually increase over the short term, with a positive growth prognosis for the long term. Numerous bottle producers have already switched to using aluminium as a raw material in place of plastic as a result of the increased awareness of plastic pollution.
Get a Sample PDF of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-133.93
What is Driving Demand for Aluminium Bottle?
The fluctuations in the price of petrochemical products across the globe have led many companies to seek alternative solutions for plastic bottles. Therefore, it is expected that the demand for metal bottles will be high in the next few years not only because they look better but also environmentally friendly which can be 100% recyclable.
So far, products made of plastic are considered a kind of waste, which causes severe damage to the ocean life. Approximately half of the plastic pollute submerged under the ocean across the globe in which plastic bottle also have a great contribution. Thousands of seabirds, turtles and other marine mammals are die ingesting plastic or getting entangles in it.
Whereas, aluminium causes no damage to the environment. Major participants in beverage manufacturing companies are testing the concept of aluminium water bottle, which are mainly used in stadiums and restaurants.
Who are the Key Manufacturers and Suppliers of Aluminium Bottle?
Some of the leading manufacturers and suppliers of these bottles include
- Ardagh Group S.A
- CCL Container
- Zhejiang Cosme Packaging Co. Ltd
- BALL CORPORATION
- Unison Kudos
- Envases Group
- Exal Corporation
- Tecnocap S.p.A
Many leading manufacturers and suppliers have longstanding contracts with beverages companies to supply metal cans. Manufacturers mostly targeting the liquor manufactures such as beer and wine because even if the packaging cost is high those products sales will not hamper.
A huge consumer base are there across the globe for wine and beer. Moreover, light weight bottle beverages demand increasing the requirement for aluminium for juice, milkshake and other drinks storage and preservation.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Request For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-13393
- 25 ml – 50 ml
- 51 ml – 100 ml
- 101 ml – 250 ml
- 251 ml – 500 ml
- 501 ml – 750 ml
- >750 ml
- Elliptic shaped
By Product Type:
- Continuous Aluminium Bottle
- Long Aluminium Bottle
- Short Aluminium Bottle
- Consumer Goods
- Cosmetic & Personal Care
Access Full Report: https://www.futuremarketinsights.com/reports/aluminium-bottle-market