Russia Beverage Cans Market Outlook

since early 2000s, russia has seen a significant rise in consumption of beverages especially canned beverages. this has been driven by the rising incomes of the consumer base and the increased availability of branded canned beverages in the country. in 2018, the share of aluminum cans in the total beverages market was estimated to be around 50%. going forward the demand for beverage cans in russia is expected to remain strong. major players operating in the russia beverage cans market include arca continental, coca-cola, associated press (ap), aidas group, incu corporation, heineken, and others. the market is largely consolidated with few players holding a major chunk in the market. these companies offer an extensive range of beverage cans in standard sizes with different colors and designs for alcoholic and non-alcoholic beverages. innovation is a major driving factor in this market, as new designs and shapes are being released regularly to cater to different consumer tastes and preferences. the increasing presence of convenience stores and retail outlets in russia resulted in increased accessibility and availability of printed cans. this has led to an increase in demand for printed cans among corporate and individual buyers alike. brand loyalty is also becoming an important factor in the russia beverage cans market as consumers often prefer particular brands. the presence of online retailers has also enabled russia consumers to purchase canned beverages with ease and convenience. looking at the future, the demand for beverage cans in russia is expected to remain strong. with increasing consumer awareness and higher disposable incomes, consumption of canned beverages can be expected to continue growing for the foreseeable future. the rising demand for convenience over the traditional plastic and glass packaging is likely to fuel growth in the beverage cans market. companies operating in the market are expected to focus on innovation, expanding their product portfolio, and digitizing their operations in order to capitalize on the upcoming opportunities.