Shortage of cans and packaging bottles, the U.S. faces a beverage supply crisis

2022-01-07

According to reports, in the United States, as the year-end holiday approaches, people's demand for beer, cola and other beverages has also risen. However, due to the continuing supply chain crisis and shortages of packaging bottles and cans, the supply of beverages in the US market is obviously insufficient. The latest data released by the US Data Services Corporation shows that the current supply chain crisis has almost affected the supply of every consumer product in the United States, and the out-of-stock rate of beverages is as high as 13%, covering soft drinks, beer and spirits.

The market demand for cans and beverage bottles has increased, and the shortage of cans has become more obvious. According to data provided by Credit Suisse, about 75% of the new beverages launched this year are packaged in aluminum cans. In the past five years, this ratio was about 30%-40%. Credit Suisse analysts predict that in North America, the supply of packaging materials such as cans may not keep up with demand until 2025 or 2026.

Comment: The market has increased demand for cans and beverage bottles, and the shortage of cans is even more obvious. According to data provided by Credit Suisse, about 75% of the new beverages launched this year are packaged in aluminum cans. In the past five years, this proportion was about 30%-40%. Credit Suisse analysts predict that in North America, the supply of packaging materials such as cans may not keep up with demand until 2025 or 2026.

Excerpts from: the financial world