Global Canned Alcoholic Beverages Market: Regional Insights
Based on geography, the global canned alcoholic beverages market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regionally, North America is expected to dominate the global canned alcoholic beverages market over the forecast period owing to the rise in expenditure on alcohol and the availability of canned drinks with attractive packaging styles. The market in the region is further fueled by the increased demand for RTDs such as hard seltzers, ready-to-drink cocktails, and long drinks.
On the other hand, the Asia Pacific canned alcoholic beverages market is expanding at a fast pace owing to the growing population of millennials, improving living standards, and the emergence of several emerging economies. Furthermore, increased awareness about health and fitness among consumers, growing popularity of flavored alcohols and a surge in tourism in the region are further contributing to the growth of this market.
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