Beverage Carrier Rings Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: PakTech, E6PR, Hi-Cone, West Rock, Grip Pak, Lawson Kegs

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Beverage Carrier Rings Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.8% during the review period (2022 to 2027).

Beverage Carrier Rings Market Overview

Beverage carrier rings are offered in various shapes and sizes allowing to the requirement of the customer. Companies in the market also offer customized products to customers. Different types of materials such as plastic, fiber, and cardboard are used for the manufacturing of beverage carrier rings. High density plastic (HDP) material is the utmost usually used material for the manufacturing of beverage carrier rings.

The global beverage carrier rings market size is anticipated to witness tremendous expansion due to the high demand for beverages across the globe. As compared to bottled beverages, demand for canned beverages is witnessing considerable growth. It is an easy way for the transportation of canned beverages in more quantity.

Recent Developments:

In 2022: In a partnership with WestRock and Grupo Gondi, Grupo Modelo is investing roughly 4 million dollars in the sustainable, fiber-based CanCollar® Eco solution in Quintana Roo, a Mexican state on the Yucatan Peninsula. The partnership aims to help advance the beer company’s sustainability goals by eliminating its use of plastic rings in Mexico.

In 2019: Hi-Cone has launched the new RingCycle - multi-packaging solution, which has been developed with more than 50% of post-consumer recycled content. The company has also partnered with Terracycle to launch the very first recycling scheme for plastic beverage ring carriers through direct collection or through freepost.

Who are the Major Players in Beverage Carrier Rings Market?

The Beverage Carrier Rings Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes PakTech, E6PR, Hi-Cone, West Rock, Grip Pak, Lawson Kegs, Pak-It-Products, American Canning, BevSource, Lucky Clover Packaging and others.

What are the major Applications, Types and Regions for Beverage Carrier Rings Market?

Beverage Carrier Rings Market is segmented based on the type, applications, companies and regions.

By Product Type, it is segmented into

•     4 Pack Rings


•     6 Pack Rings


•     8 Pack Rings


•     Others

By Application it is segmented into

•     Alcohol Drinks


•     Soft Drinks


•     Others

Beverage Carrier Rings Market Regional Analysis

Europe is considered as one of the most important regions for the evolution of the beverage carrier rings market, owing to a increase in the consumption of canned beverages. Moreover, East Asia is expected to gain the second-largest beverage carrier rings market share, owing to development in countries such as India and China.

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  • Australia
  
  
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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
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The Beverage Carrier Rings Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Beverage Carrier Rings Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Beverage Carrier Rings Market report scope?

Key Takeaways from this Beverage Carrier Rings Report

• Evaluate Beverage Carrier Rings market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Beverage Carrier Rings market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Beverage Carrier Rings Market is studied from 2017 - 2027.

What is the growth rate of Beverage Carrier Rings Market?

The Beverage Carrier Rings Market is growing at a CAGR of 5.8% over the next 5 years.

Who are the leading key players in Beverage Carrier Rings Market?

PakTech, E6PR, Hi-Cone, West Rock, Grip Pak, Lawson Kegs, Pak-It-Products, American Canning, BevSource, Lucky Clover Packaging and others.

What regions regions does this Beverage Carrier Rings Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Beverage Carrier Rings Market?

4 Pack Rings, 6 Pack Rings, 8 Pack Rings, Others

What are the significant Applications of Beverage Carrier Rings Market?

Alcohol Drinks, Soft Drinks, Others

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.