Global Metal Beverage Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Metal Beverage Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Metal Beverage Cans market finds that the global Metal Beverage Cans market reached a value of USD 29232.14 million in 2022. It’s expected that the market will achieve USD 36852.0 million by 2028, exhibiting a CAGR of 3.94% during the forecast period.

Influence of COVID-19 Outbreak on Metal Beverage Cans Industry Development

The impact of COVID-19 on the metal beverage can industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely impeded, production plans have been severely impeded, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee income have been damaged. The impact on the metal beverage can industry depends on the prevention and control effects of COVID-19.
COVID-19 has a huge impact on the operation of the industry, of which the impact on SMEs is more obvious. The suspension of production not only exacerbates the shortage of funds for SMEs, but also reduces the solvency of the enterprise and may affect production and sales. Some enterprises have fallen into business difficulties and even went bankrupt. Therefore, we expect the world market for metal beverage cans to decline.

Strength

Development of technology.
Diverse distribution channels.
A must-have necessity for beverage companies.
The use of metal veverage can is promoted by related. companies and media.

Weakness

Fierce competition within the industry.
Raw material price fluctuations.
Low-end product competition in some developing countries.

Opportunities

Increasing demand for eco-friendly canss .
The development of downstream industry.

Threat

The world economic may enter recession.

Region Overview:

Geographically, North America held the largest market share – 39.89% in 2022.

Company Overview:

Ball Corporation is one of the major players operating in the Metal Beverage Cans market, holding a share of 30.15% in 2023.

Ball Corporation

Ball Corporation provides metal packaging for beverages, food and household products. The company also provides aerospace and other technologies and services to commercial and government customers. Ball serves customers worldwide.

Crown Holdings Inc.

Crown Holdings, Inc. designs, manufactures and sells packaging products for consumer products through factories located in countries around the world. The company's main products include steel and aluminum cans for food, beverages, household and other consumer products. Crown also provides various metal caps, cans caps and dispensing systems.

Segmentation Overview:

Among different product types, Aluminum Cans segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Carbonated Soft Drinks segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Metal Beverage Cans market covered in Chapter 3:

Showa Denko
Mitsubishi Materials
The Ardagh Group
Silgan Holdings
Ball Corporation
Can Pack
CPMC Holdings Limited
Shanghai Baosteel Packaging Co.,ltd.
ORG Technology
Orora
Crown Holdings Inc.
DAIWA CAN

In Chapter 4 and Chapter 14.2, on the basis of types, the Metal Beverage Cans market from 2018 to 2029 is primarily split into:

Aluminum Cans
Steel Cans

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Metal Beverage Cans market from 2018 to 2029 covers:

Carbonated Soft Drinks
Alcoholic Beverages
Fruit & Vegetable Juices

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)