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Global beverage container market is highly competitive owing to the existence of large market players operating comprehensively. Key industry players include
Mergers & acquisitions, product innovation, and portfolio expansion are among the key strategies incorporated by industry participants for improving their market share. For instance, in February 2018, Ball corporation has announced its plans increase the capacity of its facility in Buenos Aires and build an integrated one-line can manufacturing plant in Paraguay. This expansion has allowed the company to meet growing beverage can market in Paraguay, Bolivia and Argentina and support customer demand with multiple can sizes.