Beverage Cans Market

The global Beverage Cans market was valued at US$ 22540 million in 2023 and is projected to reach US$ 32170 million by 2030, at a CAGR of 5.2% during the forecast period.

The USA market for Global Beverage Cans  market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Beverage Cans   market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Beverage Cans  market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

This research report provides a comprehensive analysis of the Beverage Cans market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Beverage Cans market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Beverage Cans, challenges faced by the industry, and potential opportunities for market players.

The global Beverage Cans market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Beverage Cans market presents opportunities for various stakeholders, including Carbonated Soft Drinks, Alcoholic Beverages. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Beverage Cans market. Additionally, the growing consumer demand present avenues for market expansion.

The rising demand for metal cans is estimated be one of the major factors that will have a positive impact on the growth of the global beverage cans market during the forecast period. here is an increasing utilization of metal cans for beverages such as beer, soft drinks, ready-to-drink (RTD) tea and coffee, and juices. Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period.

paperboard is made from two or more materials and it can be manufactured in various shapes and sizes. Along with various linear materials to achieve barrier requirements, the body of the can is made from paper. Growing concerns among consumers regarding the environmental impact of metals and plastic cans has made paperboard cans more popular. Paperboard cans are made from wood pulp, which is a renewable source and the cost of manufacturing is also less.

Thus, the popularity of paperboard cans will impede the growth of the global beverage cans market during the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.

Recent Developments:

• The recycling rate for aluminum beverage cans in the United States has dropped to 43%, according to the latest report from the Aluminum Association and the Can Manufacturers Institute (CMI). This rate is well below the 30-year average of around 52%, which has been consistent since tracking began in 1990. 
• Despite this decline, aluminum cans still have a higher recycling rate compared to glass (39.6%) and plastic (PET bottles, 20%).

• The integration of technology is playing a crucial role in the beverage can industry. Companies are leveraging advancements in technology to improve product quality, efficiency, and sustainability. For instance, Crown Holdings, a leading manufacturer, reported a 21% increase in segment income in the Americas beverage business, with volumes up 10% in Q3 2024. 
• This growth was supported by strong performance in Brazil and Mexico, as well as sustainability trends in Europe.

Key Features:

The research report on the Beverage Cans market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Beverage Cans market.

Market Overview: The report provides a comprehensive overview of the Beverage Cans market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Aluminum, Steel), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.

Market Dynamics: The report analyses the market dynamics driving the growth and development of the Beverage Cans market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Beverage Cans market's trajectory.

Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Beverage Cans market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.

Market Segmentation and Forecast: The report segment the Beverage Cans market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.

Technological Trends: The report should highlight the key technological trends shaping the Beverage Cans market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.

Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Beverage Cans market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.

Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Beverage Cans, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.

Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Beverage Cans market.

Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation

Beverage Cans market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type

• Aluminum
• Steel

Market segment by Application

• Carbonated Soft Drinks
• Alcoholic Beverages
• Fruit & Vegetable Juices
• Others

Global Beverage Cans Market Segment Percentages, By Region and Country, 2023 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Major players covered

• Ardagh Group
• Ball Corporation
• CAN-PACK
• CPMC HOLDINGS
• Crown
• Orora

Outline of Major Chapters:

Chapter 1: Introduces the definition of Beverage Cans, market overview.

Chapter 2: Global Beverage Cans market size in revenue and volume.

Chapter 3: Detailed analysis of Beverage Cans manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Beverage Cans in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Beverage Cans capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.