Global Beverage Cans Market Growth 2023-2029

Global Beverage Cans Market Growth 2023-2029

A beverage can is a metal container designed to hold a fixed portion of liquid such as carbonated soft drinks, alcoholic beverages, fruit juices, teas, herbal teas, energy drinks, etc. Beverage cans are made of aluminium (75% of worldwide production) or tin-plated steel (25% worldwide production). Worldwide production for all beverage cans is approximately 370 billion cans per year worldwide.

LPI (LP Information)' newest research report, the “Beverage Cans Industry Forecast” looks at past sales and reviews total world Beverage Cans sales in 2022, providing a comprehensive analysis by region and market sector of projected Beverage Cans sales for 2023 through 2029. With Beverage Cans sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beverage Cans industry.

This Insight Report provides a comprehensive analysis of the global Beverage Cans landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beverage Cans portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Beverage Cans market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beverage Cans and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beverage Cans.

The global Beverage Cans market size is projected to grow from US$ 23380 million in 2022 to US$ 33080 million in 2029; it is expected to grow at a CAGR of 33080 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Beverage Cans market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Aluminum
Steel

Segmentation by application
Carbonated Soft Drinks
Alcoholic Beverages
Fruit & Vegetable Juices
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ardagh Group
Ball Corporation
CAN-PACK
CPMC HOLDINGS
Crown
Orora

Key Questions Addressed in this Report

What is the 10-year outlook for the global Beverage Cans market?

What factors are driving Beverage Cans market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Beverage Cans market opportunities vary by end market size?

How does Beverage Cans break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.