India Aluminum Beverage Can

India Aluminum Beverage Can


Beverage can is a versatile and flexible packaging solution that is commonly used in the production of carbonated soft drinks, energy drinks, juices as well as alcoholic condiments. A unique quality of these aluminum cans is that they are lightweight, have a solid construction, and can be easily transported and carried around, for the consumers’ benefit and more so for the quality of the drinks placed in them. The cans are easily recyclable and hence qualify as green packaging that expands to meet the current market demands of eco-friendly packaging. Also, improvements like different sizes and aspects of can shapes improve brand communiqué for the beverage firms. While the global beverage market grows, led by countries like India which are examples of emerging economies, aluminum intends to remain a key developing factor in the sphere of packaging.

The India Aluminum Beverage Can Market is expected to grow at a steady rate of around 10.8% owing to the rising product launches. Moreover, rising beverage consumption growing sustainability focus, and demand for convenience factors are anticipated to boost the Indian aluminum beverage can market.

For instance, in May 2024, Ball Corporation partnered with CavinKare to introduce a groundbreaking packaging solution in India's dairy sector: retort aluminum cans for milkshakes. This initiative marks a significant step in adapting to the rising demand for ready-to-drink (RTD) beverages and reflects a growing consumer preference for both convenience and sustainability.
  • Based on application, the market is segmented into carbonated soft drinks, alcoholic beverages, and others. Carbonated soft drinks dominated the market in the year 2023 owing to the increased consumer preference for easily portable beverages. People of the young generation are also now in search of very portable means, and Aluminum cans are preferred because of the light weight, and better preservation of the beverages. Leading soft drink producers are increasing their portfolio offerings and exploring new tastes and more enticing products, including lower sugar products to spur consumer attention. Also, the current consciousness for sustainability is putting pressure on brands to use aluminum cans, which are highly recycled and favorable from the side of consumers who think about the future of the environment. Thus, the carbonated soft drinks segment dominated the market in the year 2023.
  • Based on the distribution channel, the Indian aluminum beverage can market is segmented into online and offline. The online category of the aluminum beverage can market in India is growing very fast due to the enhancing role of e-commerce platforms and changing consumer buying behavior. As more consumers use digital platforms for their grocery and beverage products, the home delivery option has made aluminum cans a favorable product. Thus, the tendency of such a supply chain is especially noticeable among young people who value the possibility of searching for suitable products without leaving home and having access to various, including unique, and even craft drinks that may not be available physically. E-commerce platforms are improving consumer’s access to more products, ready-to-drink beverages, new flavors, and brands in aluminum cans. Also, beneficial practices and actual promotional campaigns including selling price reductions employed by online shops are also contributing to the process. With the ongoing growth of the online retail business, the aluminum beverage can segment will have potential growth to boost the overall business in India. Thus, the online segment is expected to grow at a significant rate in the forecast period.
  • For a better understanding of the market adoption of Indian aluminum beverage cans, the market is analyzed based on its state-wise presence in India such as North India, East India, West India, and South India. The aluminum beverage can market in north India is growing at a fast pace due to the urbanization of people, enhanced disposable income; and shifting consumer preferences. Delhi, Punjab, and Haryana markets are witnessing a gradual increase in the demand for such easy and portable forms of packaging among the young generation and carbonated drinking products. Owing to the miscellaneous beverage market in this region, along with the standard consecration of other types of alcoholic and non-alcoholic beverages, the focus on this packaging element is also enhanced by the growth of craft beer and the availability of other diverse drink options. There is also increasing concern for sustainability and the ability to recycle used aluminum containers also affects the consumer and producer decision-making. In the ever-changing retail environment and with e-commerce giants deepening their footprint the aluminum beverage can market of North India is set for long-term growth and forms a very significant part of the beverage packaging industry in the country. Thus, north India is growing at a significant rate in the Indian aluminum beverage can market.
  • Some of the major players operating in the market include Hindustan Tin Works Ltd; Akshar Products; CANPACK; Ajanta Bottle; METCAN Packs Pvt Ltd; Bikaner Polymers Pvt Ltd.; Aniruddha Pack World; Casablanca Industries Pvt Ltd; SHIBA CONTAINERS PVT. LTD.; Ball Corporation.


1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the India Aluminum Beverage Can Market
2.2. Research Methodology of the India Aluminum Beverage Can Market
2.3. Respondent Profile
3 EXECUTIVE SUMMARY
3.1. Industry Synopsis
3.2. Segmental Outlook
3.2.1. Market Growth Intensity
3.3. Regional Outlook
4 MARKET DYNAMICS
4.1. Drivers
4.2. Opportunity
4.3. Restraints
4.4. Trends
4.5. PESTEL Analysis
4.6. Demand Side Analysis
4.7. Supply Side Analysis
4.7.1. Merger & Acquisition
4.7.2. Investment Scenario
4.7.3. Industry Insights: Leading Startups and Their Unique Strategies
5 PRICING ANALYSIS
5.1. Regional Pricing Analysis
5.2. Price Influencing Factors
6 INDIA ALUMINUM BEVERAGE CAN MARKET REVENUE (USD MN), 2022-2032F
7 MARKET INSIGHTS BY APPLICATION
7.1. Carbonated Soft Drinks
7.2. Alcoholic Beverages
7.3. Others
8 MARKET INSIGHTS BY DISTRIBUTION CHANNEL
8.1. Online
8.2. Offline
9 MARKET INSIGHTS BY REGION
9.1. North India
9.2. East India
9.3. South India
9.4. West India
10 VALUE CHAIN ANALYSIS
10.1. Marginal Analysis
10.2. List of Market Participants
11 COMPETITIVE LANDSCAPE
11.1. Competition Dashboard
11.2. Competitor Market Positioning Analysis
11.3. Porter Five Forces Analysis
12 COMPANY PROFILED
12.1. Hindustan Tin Works Ltd
12.1.1. Company Overview
12.1.2. Key Financials
12.1.3. SWOT Analysis
12.1.4. Product Portfolio
12.1.5. Recent Developments
12.2. Akshar Products
12.3. CANPACK
12.4. Ajanta Bottle
12.5. METCAN Packs Pvt Ltd
12.6. Bikaner Polymers Pvt Ltd.
12.7. Aniruddha Pack World
12.8. Casablanca Industries Pvt Ltd
12.9. SHIBA CONTAINERS PVT. LTD.
12.10. Ball Corporation
13 ACRONYMS & ASSUMPTION
14 ANNEXURE

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings