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Report
Global Beverage Cans Market Report and Forecast 2024-2032
Market Report I 2023-12-15 I 198 Pages I EMR Inc.
Global Beverage Cans Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global beverage cans market is projected to grow at a CAGR of 5.30% between 2024 and 2032. Aided by the rapid growth in consumer preferences towards convenient and sustainable packaging solutions and the increasing consumption of carbonated soft drinks, alcoholic beverages, and energy drinks, the market is expected to grow significantly by 2032.
Beverage cans, primarily composed of aluminium or steel, are increasingly becoming the packaging of choice for numerous beverages, from carbonated drinks to beers, and even newer entrants like cold brew coffees. Apart from offering superior cooling capabilities, these cans are lightweight, recyclable, and durable, ensuring the freshness of beverages while minimising environmental footprints.
A critical factor driving the global beverage cans market growth is the robust expansion of the beverages sector itself. As consumers globally become more health-conscious, there's been a notable shift from high-sugar drinks to healthier alternatives, including sparkling waters, herbal teas, and energy drinks. Beverage cans, offering portion control and efficient preservation, are ideally suited to cater to these changing consumption patterns.
As per the beverage cans market analysis, the sustainable attributes of beverage cans are resonating with environmentally conscious consumers. As aluminium cans are infinitely recyclable without degradation in quality, they stand out as an eco-friendly packaging solution. Recognising this advantage, several beverage manufacturers are transitioning from plastic bottles to aluminium cans to reinforce their sustainability goals.
In the realm of branding and marketing, beverage cans offer unique advantages. The cylindrical shape allows for 360-degree branding opportunities, ensuring maximum visual impact. Coupled with innovative design techniques like thermochromic inks and tactile features, brands can create a more engaging consumer experience, further fuelling the popularity of beverage cans and contribute to the beverage cans market demand.
The global beverage industry is also witnessing a trend towards premiumisation, wherein consumers are willing to spend more on premium and craft products. This trend is particularly evident in the alcoholic beverages sector, especially beer. Craft breweries are often choosing cans over bottles, as they offer better protection from light and oxygen, both of which can compromise the flavour profile of beers. Additionally, technological advancements, combined with a commitment to sustainable sourcing and recycling further increase the value of beverage cans market size.
Market Segmentation
The market can be divided based on product, application, and region.
Market Breakup by Product
- Steel
- Aluminium
Market Breakup by Application
- Alcoholic Beverages
- Carbonated Drinks
- Fruit and Vegetable Juices
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global beverage cans market. Some of the major players explored in the report by Expert Market Research are as follows:
- Ball Corporation
- Crown Holdings, Inc.
- GZI Industries Limited
- CPMC Holdings Limited
- Ardagh Group S.A
- Nampak Ltd.
- Ceylon Beverage Can (Pvt) Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Beverage Cans Market Analysis
8.1 Key Industry Highlights
8.2 Global Beverage Cans Historical Market (2018-2023)
8.3 Global Beverage Cans Market Forecast (2024-2032)
8.4 Global Beverage Cans Market by Product
8.4.1 Steel
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Aluminium
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Beverage Cans Market by Application
8.5.1 Alcoholic Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Carbonated Drinks
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Fruit and Vegetable Juices
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Beverage Cans Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ball Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Crown Holdings, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 GZI Industries Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 CPMC Holdings Limited
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Ardagh Group S.A
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Nampak Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Ceylon Beverage Can (Pvt) Ltd
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Beverage Cans Market: Key Industry Highlights, 2018 and 2032
2. Global Beverage Cans Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Beverage Cans Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Beverage Cans Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Beverage Cans Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Beverage Cans Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Beverage Cans Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Beverage Cans Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Beverage Cans Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Beverage Cans Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Beverage Cans Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Beverage Cans Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Beverage Cans Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Beverage Cans Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Beverage Cans Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Beverage Cans Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Beverage Cans Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Beverage Cans Market Structure
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