Beverage Cans Market Growth Size Share Trends Drivers Restraints Opportunities Analysis Report 2022-2029

DataM Intelligence | Beverage Cans Market
Some of the Major Companies Controlling the global Beverage Cans Market are; Kian Joo Can Factory Berhad, BWAY Corporation, CPMC Holdings Ltd., Toyo Seikan Group Holdings, Ltd, Ball Corporation, Crown Holdings Inc., The Ardagh Group, Toyo Seikan Group Holdings Ltd, Allied Cans, and DeMet’s Beverage Cans Co..

Beverage Cans Market Size Share Overview:

According to the research report published by DataM Intelligence, the global Beverage Cans Market size valued at USD XX billion in 2021, is expected to reach USD XX billion by the end of 2029, with growth at a CAGR of 5.6% during the forecast period 2022-2029.

Beverage cans are fabricated from metal which is fully recyclable without loss of quality. Beverage cans help to cool down quickly and feel extra fresh to the touch.

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Beverage Cans Market Growth Drivers and Demand Insights:

The demand for beverage cans is predicted to be driven by the rising consumption of non-alcoholic products among health-conscious consumers. Moreover, the overview of fruit juices and sports drinks counting the growing consumption of Ready-to-Drink (RTD) products in can packaging is estimated to lead the market growth. The U.S. is the biggest marketplace for beverage cans with the very best per capita can consumption within the world.

The market has witnessed continuous product innovations thanks to the strong presence of major companies within the U.S., like Ball Corp. The superior physical properties of metals over their counterparts are expected to drive market growth during the forecast period.

With the increasing health consciousness among consumers globally, beverage manufacturers also are improving and innovating products with a spotlight on natural, low-calorie, and low-sugar ingredients, like stevia, in their products. This can be expected to draw in an increased number of health-conscious customers.

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Aluminum cans are the leading re-usable beverage containers internationally. A mean aluminum can contains 70% recycled metal. These are lightweight and stackable, which ends up in an exceedingly reduction within the overall carbon emissions during their transportation.

Beverage Cans Market Segmentation Overview:

By Structure:

2-Piece
3-Piece

By Metal:

Aluminum
Steel

By Can Size:

250ml
330ml
500ml
550ml
Others

By Application:

Alcoholic Beverages
Carbonated Soft Drinks
Fruit & Vegetable Juices
Sports & Energy Drinks
Others

By Geography, the global market is divided into five regions,

North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Rest of the world

Regional Share Analysis:

North America dominated the world market with a revenue share of over 36% in 2020 on account of high product consumption within the U.S. and Mexico. Additionally, the regulations on plastic packaging in countries, like the U.S. and Canada, are likely to hamper the expansion of plastic packaging within the region.

The EU has adopted Circular Economy Action Plan under which, the main target is given on reusable products to extend sustainability within the region

The Asia Pacific has emerged because of the major supplier of processed aluminum and steel sheets for the remainder of the globe. additionally, rapid industrialization in developing economies, like India and China, has led to increasing income of the population, which, in turn, is predicted to stimulate the demand for beverages; thereby positively affecting the market growth.

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Some of the Major Companies Controlling the Global Beverage Cans Market:

Kian Joo Can Factory Berhad, BWAY Corporation, CPMC Holdings Ltd., Toyo Seikan Group Holdings, Ltd, Ball Corporation, Crown Holdings Inc., The Ardagh Group, Toyo Seikan Group Holdings Ltd, Allied Cans, and DeMet’s Beverage Cans Co.

Why Purchase the Report?

Understand the current market scenario and viability of global beverage cans over the forecast period.
Visualize the composition of the global beverage cans market in terms of material and application to identify major players, growth potential, and market strategies
Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining to the market

What do we offer?

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Excel data sheet with valuable data points of the global beverage cans market – Regional and Country level segmentation
Product mapping in excel for the key products of all major market players
Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

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