Pro
Chemicals & Materials
Bio-lubricants Market End-use Industry, By Others
| Label | USD Million |
|---|---|
| 2018 | 155.40350047592173 USD Million |
| 2019 | 161.53257808527286 USD Million |
| 2020 | 167.89917325441735 USD Million |
| 2021 | 174.512276865758 USD Million |
| 2022 | 181.38120921663423 USD Million |
| 2023 | 187.977897828514 USD Million |
| 2024 | 195.2346161341655 USD Million |
| 2025 | 202.7693421812041 USD Million |
| 2026 | 210.59262601087403 USD Million |
| 2027 | 218.71541324563725 USD Million |
| 2028 | 227.1490596924055 USD Million |
| 2029 | 235.9053464737302 USD Million |
| 2030 | 244.9964957054764 USD Million |
| 2031 | 254.43518674015277 USD Million |
| 2032 | 264.2345729956913 USD Million |
Data Source: Wantstats Repository
Market Dynamics
The Benelux Beverage Cans market outlook for 2018 to 2032 takes into consideration the current market trends and consumer spending habits in Belgium, the Netherlands, and Luxembourg. The outlook also considers economic and political developments, as well as changes to national regulations and laws. The Benelux region is experiencing a gradual shift away from bottles and plastic packaging to more sustainable beverage packaging such as cans. This shift is evident in the rising sales of beer, carbonated soft drinks, energy drinks, sparkling waters, and flavored beverages in cans. This is driven by consumer preference for convenience and product innovation in beverage packaging leading to an increased demand for stackability, portability, and safety of cans. Cans are increasingly being adopted by beverage manufacturers to meet the changing consumer needs. In the Benelux region, the focus on sustainability has gained momentum in recent years. This has promoted industry-wide use of cans as they are made of mostly recyclable materials and are lighter than other forms of packaging. Moreover, lighter cans result in a reduction of GHG emissions during transportation. This has made cans a go-to packaging option for a lot of beverage producers, especially the smaller producers.
Beverage manufacturers in the Benelux are looking to use cans to meet the stringent regulations on packaging set by the government and are leveraging advanced technologies to further reduce emissions. Furthermore, the rise of the craft beer, carbonated soft drink, energy drink and sparkling water markets are expected to bolster the demand for cans over the forecast period. Additionally, in the Benelux, major beverage producers are investing in innovative marketing campaigns to promote their products. Many of them have also adopted internet-based platforms such as online stores and social media to reach out to consumers. This is likely to further expand their product reach and attract consumers from different age groups. All these developments are likely to lead to an increased demand for beverage cans in the Benelux region. Moreover, it is expected that the demand for cans will exceed the growth rate of bottles and other forms of beverage packaging in the region.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.