Beverage Cans Market Growth Size Share Trends Drivers Constraints Opportunity Analysis Report 2022-2029

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Some of the major companies controlling the global beverage cans market are; Kian Joo Can Factory Berhad, BWAY Corporation, CPMC Holdings Ltd., Toyo Seikan Group Holdings, Ltd, Ball Corporation, Crown Holdings Inc., The Ardagh Group, Toyo Seikan Group Holdings Ltd, Allied Cans and DeMet’s Beverage Cans Co..

Beverage Cans Market Size Share Overview:

According to research report published by DataM Intelligence, the global Beverage Cans market size valued at USD XX billion in 2021 is expected to reach USD XX billion by the end of 2029, growing at a CAGR of 5, 6% over the forecast period 2022. -2029.

Drink cans are made from fully recyclable metal with no loss of quality. Beverage cans help cool quickly and feel extra cool to the touch.

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Beverage Cans Market Growth Drivers and Demand Overview:

The demand for beverage cans is expected to be driven by the growing consumption of non-alcoholic products among health-conscious consumers. Additionally, the overview of fruit juices and sports drinks counting the growing consumption of ready-to-drink (RTD) products in canned packaging is expected to drive the market growth. The United States is the largest beverage can market with the highest per capita can consumption in the world.

The market has witnessed continuous product innovations thanks to the strong presence of major companies in the United States, such as Ball Corp. The superior physical properties of metals over their counterparts are expected to drive the market growth over the forecast period.

With the growing health awareness of consumers around the world, beverage manufacturers are also improving and innovating their products by emphasizing natural, low-calorie and low-sugar ingredients, such as stevia, in their products. This can be expected to attract an increased number of health conscious customers.

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Aluminum cans are the world’s leading reusable beverage containers. An average aluminum can contains 70% recycled metal. These are lightweight and stackable, which results in an excessive reduction in overall carbon emissions when transporting them.

Beverage Cans Market Segmentation Overview:

By Facility:

By Metal:

By box size:

  • 250ml
  • 330ml
  • 500ml
  • 550ml
  • Others

Per application:

  • Alcoholic beverages
  • Carbonated soft drinks
  • Fruit and vegetable juices
  • Sports and energy drinks
  • Others

By geography, the global market is divided into five regions,

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Rest of the world

Analysis of the regional share:

North America led the global market with a revenue share of over 36% in 2020 due to high product consumption in the United States and Mexico. Additionally, plastic packaging regulations in countries like the United States and Canada are likely to hamper the expansion of plastic packaging in the region.

The EU has adopted an action plan for the circular economy in which the main objective is given to reusable products to extend sustainability in the region

Asia-Pacific has become the main supplier of processed aluminum and steel sheets to the rest of the world. in addition, rapid industrialization in developing economies, such as India and China, has led to an increase in people’s incomes, which, in turn, is expected to drive demand for beverages; thus positively affecting the growth of the market.

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Some of the Major Companies controlling the Global Beverage Cans Market:

Kian Joo Can Factory Berhad, BWAY Corporation, CPMC Holdings Ltd., Toyo Seikan Group Holdings, Ltd, Ball Corporation, Crown Holdings Inc., The Ardagh Group, Toyo Seikan Group Holdings Ltd, Allied Cans and DeMet’s Beverage Cans Co.

Why buy the report?

  • Understand the current market scenario and the viability of Global Beverage Cans over the forecast period.
  • Visualize the composition of the global beverage cans market in terms of materials and applications to identify key players, growth potential, and market strategies
  • Identify major regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand key business drivers such as market competition, product pricing, new product developments, and market-related patent filings

What do we offer?

  • PDF report with the most relevant analysis convincingly assembled after exhaustive qualitative interviews and in-depth market research.
  • Excel data sheet with valuable data points on Global Beverage Cans Market – Regional and country level segmentation
  • Product mapping in Excel for key products of all major market players
  • Market share analysis covering company revenue ($) and revenue share (%) of major market players

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