Beverage Cans Market: By Materials, By Beverage Type, By Structure Type and Region Forecast 2019-2030

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Beverage Cans Market Size, Share, Growth, Trends, and Global Industry Analysis: By Materials (Aluminium, Steel, PET), By Beverage Type (Alcoholic Beverages, Non-Alcoholic Beverages), By Structure Type (2-Piece, 3-Piece) and Region Forecast 2019-2030

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Beverage Cans Market size was valued at US$ 24,700.0 million in 2023 and is poised to grow at a significant CAGR of 5.4% from 2024–2030. Over the past fifty years, there has been a gradual change in beverages. With smart factories and artificial intelligence in robots, smart technologies are ushering in a new digital era for the beverage industry. The addition of intelligent sensors to packaging processes may make it simpler to fill beverage packs of various sizes and switch formats instantly. Additionally, they gather the information that enables beverage manufacturers to keep an eye on their inventories and track the state of filling machinery in order to facilitate preventive maintenance.

The development of temperature-sensitive inks is one of the smart packaging developments that manufacturers are concentrating on in order to maintain the cans colourful, appealing, and simple to use. As a result, contemporary manufacturing techniques in the beverage cans business are being influenced by rising strength and robustness. The market for beverage can ends is expanding significantly due in large part to the ready-to-drink health beverages. Prior to the invention of the crunch key, beverage cans were opened by poking two triangular holes in the lid. Later improvements led to the use of aluminium rather than steel for the beverage can ends.

Key Developments:

  • In July 2021, Ball Corporation built additional aluminium beverage packaging facilities, which annually produced millions of cans. This growth enables the business to produce ready-to-drink beverages for its customers in a more effective manner.
  • In July 2021, Additional aluminum beverage packaging plants were established by Ball Corporation, producing millions of cans every year. This expansion makes it possible for the company to produce ready-to-drink beverages more efficiently for its clients.

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Beverage Cans Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.4%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Beverage Cans Market Dynamics

The market is expanding as a result of health and wellbeing, which is the major factor. This trend was gaining momentum even before the epidemic, it has speeded up as consumers become more aware of the advantages of leading a healthier lifestyle. Alternatives to carbonated soft drinks that have less sugar, natural flavours and substances that improve performance, etc., include functional ready-to-drink beverages. Both alcoholic and non-alcoholic beverages fall under this.

Although drinking alcohol is hardly "healthy," people who are looking for healthier alternatives to reduce their alcohol and sugar intake can both indulge and lead a healthy lifestyle. For instance, a pre-mixed cocktail in a can be served fast and conveniently without the burden of a cupboard full of different ingredients. It is also simpler to accommodate diverse flavour preferences with a ready-to-drink solution. In other words, customers favour the ease of getting exactly what they want, when they want it, without having to make any compromises.

Beverage Cans Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 24,700.0 million

Market CAGR

5.4%

By Material Type

  • Aluminium
  • Steel
  • PET

By Beverage Type

  • Alcoholic Beverages
  • Non-Alcoholic Beverages

By Structure Type

  • 2-Piece
  • 3-Piece

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The beverage cans market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The global beverage cans market size was valued at US$ 24,700.0 million in 2023 and is poised to grow at a significant CAGR of 5.4% from 2024–2030.

The key players in the market are Ball Corporation (Colorado, US) Envases Universales (Spain) Universal Can Corporation (Tokyo, Japan) Interpack Group Inc. (China) GZ Industries (Nigeria) Showa Denko K.K (Tokyo, Japan) Swan Industries Limited (Thailand) Nampak Bevcan Limited (South Africa)

Asia Pacific is the fastest-growing region for the market.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Beverage Cans Market Introduction
2.1. Global Beverage Cans Market – Taxonomy
2.2. Global Beverage Cans Market –Definitions
2.2.1. By Materials
2.2.2. By Beverage Type
2.2.3. By Structure Type
2.2.4. By Region
3. Global Beverage Cans Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Beverage Cans Market Dynamic Factors - Impact Analysis
3.6. Global Beverage Cans Market – Competition Landscape
4. Global Beverage Cans Market Analysis, 2019-2023 and Forecast, 2024-2030
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Beverage Cans Market, By Materials, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.1. Aluminium
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Steel
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. PET
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Beverage Cans Market, By Beverage Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1. Alcoholic Beverages
6.1.1. Beer
6.1.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.1.3. Market Opportunity Analysis
6.1.2. Wine
6.1.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.2.3. Market Opportunity Analysis
6.1.3. Spirits
6.1.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3.3. Market Opportunity Analysis
6.1.4. Others
6.1.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.4.3. Market Opportunity Analysis
6.2. Non-Alcoholic Beverages
6.2.1. Soft-Drinks
6.2.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.1.3. Market Opportunity Analysis
6.2.2. Bottled Water
6.2.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.2.3. Market Opportunity Analysis
6.2.3. Coffee
6.2.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3.3. Market Opportunity Analysis
6.2.4. Energy & Sports Drinks
6.2.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.4.3. Market Opportunity Analysis
6.2.5. Dairy Beverages
6.2.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.5.3. Market Opportunity Analysis
6.2.6. Functional Drinks
6.2.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
6.2.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.6.3. Market Opportunity Analysis
7. Global Beverage Cans Market, By Structure, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.1. 2-Piece
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. 3-Piece
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Beverage Cans Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.1. North America
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Beverage Cans Market - Opportunity Analysis Index, By End-User Industry, End-User Industry, and Region, 2024-2030
9. North America Beverage Cans Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
9.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Aluminium
9.1.2. Steel
9.1.3. PET
9.2. Beverage Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Alcoholic Beverages
9.2.1.1. Beer
9.2.1.2. Wine
9.2.1.3. Spirits
9.2.1.4. Others
9.2.2. Non-Alcoholic Beverages
9.2.2.1. Soft-Drinks
9.2.2.2. Bottled Water
9.2.2.3. Coffee
9.2.2.4. Energy & Sports Drinks
9.2.2.5. Dairy Beverages
9.2.2.6. Functional Drinks
9.3. Structure Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. 2-Piece
9.3.2. 3-Piece
9.4. Country Analysis 2019-2023 and Forecast 2024-2030  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. U.S.
9.4.2. Canada
9.5. North America Beverage Cans Market - Opportunity Analysis Index, By Material, By Beverage Type, By Structure and Country, 2024-2030
9.6. North America Beverage Cans Market Dynamics – Trends
10. Europe Beverage Cans Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)
10.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Aluminium
10.1.2. Steel
10.1.3. PET
10.2. Beverage Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Alcoholic Beverages
10.2.1.1. Beer
10.2.1.2. Wine
10.2.1.3. Spirits
10.2.1.4. Others
10.2.2. Non-Alcoholic Beverages
10.2.2.1. Soft-Drinks
10.2.2.2. Bottled Water
10.2.2.3. Coffee
10.2.2.4. Energy & Sports Drinks
10.2.2.5. Dairy Beverages
10.2.2.6. Functional Drinks
10.3. Structure Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. 2-Piece
10.3.2. 3-Piece
10.4. Country Analysis 2019-2023 and Forecast 2024-2030  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Beverage Cans Market - Opportunity Analysis Index, By Material, By Beverage Type, By Structure and Country, 2024-2030
10.6. Europe Beverage Cans Market Dynamics – Trends
11. Asia-Pacific Beverage Cans Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
11.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Aluminium
11.1.2. Steel
11.1.3. PET
11.2. Beverage Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Alcoholic Beverages
11.2.1.1. Beer
11.2.1.2. Wine
11.2.1.3. Spirits
11.2.1.4. Others
11.2.2. Non-Alcoholic Beverages
11.2.2.1. Soft-Drinks
11.2.2.2. Bottled Water
11.2.2.3. Coffee
11.2.2.4. Energy & Sports Drinks
11.2.2.5. Dairy Beverages
11.2.2.6. Functional Drinks
11.3. Structure Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. 2-Piece
11.3.2. 3-Piece
11.4. Country Analysis 2019-2023 and Forecast 2024-2030  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Beverage Cans Market - Opportunity Analysis Index, By Product, By By Beverage Type, and Country, 2024-2030
11.6. Asia-Pacific Beverage Cans Market Dynamics – Trends
12. Latin America Beverage Cans Market Analysis, 2019-2023 and Forecast, 2020 – 2026
12.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Aluminium
12.1.2. Steel
12.1.3. PET
12.2. Beverage Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Alcoholic Beverages
12.2.1.1. Beer
12.2.1.2. Wine
12.2.1.3. Spirits
12.2.1.4. Others
12.2.2. Non-Alcoholic Beverages
12.2.2.1. Soft-Drinks
12.2.2.2. Bottled Water
12.2.2.3. Coffee
12.2.2.4. Energy & Sports Drinks
12.2.2.5. Dairy Beverages
12.2.2.6. Functional Drinks
12.3. Structure Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. 2-Piece
12.3.2. 3-Piece
12.4. Country Analysis 2019-2023 and Forecast 2024-2030  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Beverage Cans Market - Opportunity Analysis Index, By Product, By By Beverage Type, and Country, 2024-2030
12.6. Latin America Beverage Cans Market Dynamics – Trends
13. Middle East and Africa Beverage Cans Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn )
13.1. Material Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Aluminium
13.1.2. Steel
13.1.3. PET
13.2. Beverage Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Alcoholic Beverages
13.2.1.1. Beer
13.2.1.2. Wine
13.2.1.3. Spirits
13.2.1.4. Others
13.2.2. Non-Alcoholic Beverages
13.2.2.1. Soft-Drinks
13.2.2.2. Bottled Water
13.2.2.3. Coffee
13.2.2.4. Energy & Sports Drinks
13.2.2.5. Dairy Beverages
13.2.2.6. Functional Drinks
13.3. Structure Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. 2-Piece
13.3.2. 3-Piece
13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Beverage Cans Market - Opportunity Analysis Index, By Material, By Beverage Type, By Structure and Country, 2024-2030
13.6. MEA Beverage Cans Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Crown Holdings Inc. (Philadelphia, US)
14.2.2. Ardagh Group S.A, (Luxemburg)
14.2.3. CPMC Holdings Limited (China)
14.2.4. Toyo Seikan Group Holdings Ltd. (Tokyo, Japan)
14.2.5. Can-One Berhad (Malaysia)
14.2.6. Can-Pack S.A (Poland)
14.2.7. Ball Corporation (Colorado, US)
14.2.8. Envases Universales (Spain)
14.2.9. Universal Can Corporation (Tokyo, Japan)
14.2.10. Interpack Group Inc. (China)
14.2.11. GZ Industries (Nigeria)
14.2.12. Showa Denko K.K (Tokyo, Japan)
14.2.13. Swan Industries Limited (Thailand)
14.2.14. Nampak Bevcan Limited (South Africa)
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Crown Holdings Inc. (Philadelphia, US)
  • Ardagh Group S.A, (Luxemburg)
  • CPMC Holdings Limited (China)
  • Toyo Seikan Group Holdings Ltd. (Tokyo, Japan)
  • Can-One Berhad (Malaysia)
  • Can-Pack S.A (Poland)
  • Ball Corporation (Colorado, US)
  • Envases Universales (Spain)
  • Universal Can Corporation (Tokyo, Japan)
  • Interpack Group Inc. (China)
  • GZ Industries (Nigeria)
  • Showa Denko K.K (Tokyo, Japan)
  • Swan Industries Limited (Thailand)
  • Nampak Bevcan Limited (South Africa)

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