Global Self-chilling Cans Market, Activating Mechanism (Push Button Activation, Twist Activation), Capacity (4 fl-Oz. can, 16-Oz. can, >16-Oz. can), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The self-chilling cans market is expected to witness market growth at a rate of 5.50% in the forecast period of 2021 to 2028, and will reach at an estimated value of USD 6,800.19 by 2028. Data Bridge Market Research report on self-chilling cans market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the beverage sector globally is escalating the growth of self-chilling cans market.
Self-chilling cans refer to the innovative beverage packaging solutions that possesses the ability in maintaining the temperature below a pre-fixed range. These cans are beneficial in areas having limited refrigeration and also be used during camping, boating and fishing activities.
The focus of local retailers on delivering cold beverages to their consumers across the globe acts as one of the major factors driving the growth of self-chilling cans market. The technological advancement in self-chilling can, which gives consumers on-demand chilled beverage, and manufacturers of beverage cans inclining towards technology integration and features which emphasize on consumer engagement accelerate the market growth. The increase in the food and beverage industry owning to the high demand for food for the large population, and growing hospitality industry and rapidly growing food services in movie theaters further influence the market. Additionally, research and development activities, surge in investment and expansion of packaging sector positively affect the self-chilling cans market. Furthermore, rise in demand for smaller, and more portable and consumer convenient packaging formats extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the government regulations on the product material are expected to obstruct the market growth. The high labor wages especially in developed regions is projected to challenge the self-chilling cans market in the forecast period of 2021-2028.
This self-chilling cans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on self-chilling cans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Self-chilling Cans Market Scope and Market Size
The self-chilling cans market is segmented on the basis of activating mechanism and capacity. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of activating mechanism, the self-chilling cans market is segmented into push button activation and twist activation.
- On the basis of capacity, the self-chilling cans market is segmented into 4 fl-Oz. can, 16-Oz. can and >16-Oz. can.
Global Self-chilling Cans Market Country Level Analysis
The self-chilling cans market is analyzed and market size, volume information is provided by country, activating mechanism, capacity and applications as referenced above.
The countries covered in the global self-chilling cans market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the self-chilling cans market due to the high consumption of carbonated beverages within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the developing economies of the Asia-Pacific region, such as China, and India.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Self-chilling Cans Market Share Analysis
The self-chilling cans competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to self-chilling cans.
The major players covered in the self-chilling cans report are Chill-Can, Icetec, Tempra Technology, Crown Holdings, Inc., The Joseph Company International Inc, and The Kraft Heinz Company., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.