Israel Beverage Cans Market Outlook (2018 to 2032)
The above chart is Israel Beverage Cans Market Outlook (2018 to 2032)
the demand for israel beverage cans is expected to continue increasing over the years, due to the country’s thriving economy, healthy population, and rising consumption of beverages. with increasing health concerns and environmental awareness, beverage cans are becoming the packaging of choice for many manufacturers in israel. according to a report published by mordor intelligence in 2018, the israel beverage cans market is expected to witness moderate growth over the years, registering a cagr of 3.3% over the forecast period 2018-2032. this growth can be attributed to a robust increase in demand for canned beverages in the country. israeli beverage cans are generally made of aluminum, tin, and steel. aluminum cans are the most popular choice in the country due to their lightweight, low cost, and recyclable nature. in fact, compared to bottled drinks, aluminum cans generate three times less co2 emissions during production. furthermore, this market is expected to be further strengthened by the implementation of the country’s beverage container recycling act. this act mandates that producers of cans and bottles must establish refund and deposit systems to increase the beverage can recovery rate, thereby encouraging their re-use. packaging companies in israel are thus investing in the innovative technologies that will complement the increasing demand for aluminum cans in the country. these include packaging solutions such as customized beer cans, barrier cans, recyclable ends, and specialty polyethylene-lined cans. moreover, canned beverages are becoming increasingly popular among health-conscious israelis. consumers are looking for healthier alternatives to traditional soda and energy drinks, leading to a rise in the production and consumption of non-carbonated drinks. this consequently offers manufacturers further opportunities to explore in the israeli beverage cans market. to summarize, the israel beverage can market will continue to witness growth for the years to come. this can be attributed to increasing demand for beverage cans in the country, driven by rising health consciousness, environmental awareness, and government regulations.