Beverage Cans
Beverage Cans Market by Type (Aluminum, PET, Steel), Structure (2-Piece Cans, 3- Piece Cans), Beverage Type - Global Forecast 2024-2030
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[199 Pages Report] The Beverage Cans Market size was estimated at USD 29.11 billion in 2023 and expected to reach USD 31.16 billion in 2024, at a CAGR 7.31% to reach USD 47.73 billion by 2030.

Beverage Cans Market
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Beverage cans, also known as drink cans or aluminum cans, are cylindrical containers used for storing and dispensing various types of beverages, offering convenience, portability, and extended shelf life. They are typically made of aluminum or tin-plated steel and are designed to be lightweight, durable, easily stackable, and provide extended shelf life to the product. ​​ Beverage cans provide a sealed and protective barrier that preserves the beverages' freshness, flavor, and quality and prevents the product from exposure to light, air, and moisture, minimizing oxidation and degradation. The beverage cans are seeing boosting demand from beverage manufacturers owing to their sustainability and recyclability without degradation in quality. Convenience packaging is in high demand because consumers seek convenience and on-the-go options because of busy lifestyles; the rise of eCommerce and the desire for portable and easily consumable products are the driving factors that created a lucrative market expansion in the forecast period. However, the increasing preferences of manufacturers towards glass and plastic packaging due to its lower cost are hampering the market growth. The fluctuating prices of raw materials in beverage cans create limitations in the market by impacting manufacturing costs, supply chain dynamics, pricing stability, and overall business strategies. The ongoing technological advancements for sustainable cans and the growing popularity of portable natures can offer market opportunities by addressing consumer demands for environmentally friendly packaging, promoting brand differentiation, and enhancing product performance.

Regional Insights

The beverage cans market landscape in the Americas is significantly growing owing to the strong presence of major players in the beverage packaging industry, the high consumption of canned beverages, and a growing focus on sustainability. The United States, Canada, Brazil, Mexico, Argentina, and Chile have a well-established beverage industry, with a wide range of beverages, such as carbonated soft drinks, alcoholic beverages, energy drinks, and more, being packaged in cans. The beverage cans market landscape in the Asia-Pacific (APAC) region is dynamic and rapidly growing, driven by population growth, urbanization, rising disposable incomes, and changing consumer preferences. Countries such as China, Japan, India, and South Korea are increasingly focusing on convenience and increasing attention to sustainability and recyclability, which has boosted the demand for aluminum beverage cans. The beverage cans market landscape in Europe, the Middle East, and Africa has evolved and transformed in recent years due to varying consumer preferences, sustainability considerations, and advancements. Consumers in the EMEA region are increasingly opting for healthier beverage options, including low-sugar, natural, and functional drinks. This has influenced the packaging requirements and designs, focusing on effectively communicating product attributes. Beverage manufacturers in the EMEA continually invest in advanced technologies to improve production efficiency, increase durability, and introduce new features such as resealable lids and improved opening mechanisms.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Beverage Cans Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Increasing popularity of non-alcoholic & energy drinks and rising demand for convenient packaging
    • Rising focus of can manufacturers on aluminum can recycling
  • Market Restraints
    • Limitation associated with beverage can products
  • Market Opportunities
    • Ongoing advancements for the sustainable cans
    • Introduction of advanced techniques to improve the visibility and functionality of cans
  • Market Challenges
    • Availability of alternative packaging solution for beverages can
Market Segmentation Analysis
  • Type: Growing demand for aluminum cans due to its environmentally friendly nature

    Aluminum cans are lightweight, which makes them easier to transport and handle. They are also highly durable, protecting light, oxygen, and other external factors affecting beverage quality. Aluminum cans are recyclable, with a high recycling rate, making them an environmentally friendly choice. Polyethylene terephthalate (PET) cans are lightweight, shatterproof, and offer barrier properties against oxygen and carbon dioxide. They are also transparent, allowing consumers to see the product from the inside. Moreover, steel cans are recyclable and often used for specific beverages, such as energy drinks or products requiring higher structural strength. Steel has a relatively high thermal conductivity that helps to chill canned drinks much more rapidly and efficiently than glass or plastic bottles.

  • Beverage Type: Rising adoption of cans for alcoholic beverage

    Alcoholic beverages include a wide range of products such as beer, wine, spirits, and ready-to-drink cocktails that come in the packaging of cans. Alcoholic drink cans provide convenience, portability, and protection from light and oxygen, which helps maintain the flavor and quality of the product. Non-alcoholic beverages encompass a broad category of drinks, including carbonated soft drinks, juices, energy drinks, sports drinks, tea, coffee, and more. Cans packaging for non-alcoholic beverages provide excellent protection against light, air, and external contaminants to preserve the taste and freshness of the drinks. Canned water is portable and can be easily carried for on-the-go consumption. Additionally, aluminum cans provide adequate protection against light and air, maintaining the quality and purity of the water.

  • Structure: Significant adoption of 2-piece cans for carbonated drink

    A 2-piece can is created by molding a material portion into a body with an integral end. This structure of cans provides excellent sealing properties and is widely used for carbonated drinks such as sodas and beer, as they can withstand the pressure created by carbonation. 3- piece cans are often used for beverages that require a higher level of structural strength and shape customization, such as certain energy drinks or products with unique packaging requirements.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Beverage Cans Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Beverage Cans Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Beverage Cans Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Beverage Cans Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Beverage Cans Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Beverage Cans Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Beverage Cans Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Beverage Cans Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Beverage Cans Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Beverage Cans Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Beverage Cans Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Beverage Cans Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

    Crown Holdings, Inc. has acquired Helvetia Packaging AG, a renowned beverage can manufacturing facility in Saarlouis, Germany. With the addition of this facility, Crown's European beverage can platform expands its reach to Germany, contributing an impressive annual capacity of 1 billion units. This significant increase in capacity is due to the rising need for environmentally friendly and recyclable beverage cans, ensuring that Crown can effectively meet customer needs in the market. [Published On: 2023-10-03]

  • Reliance Consumer Ties Up with Ceylon Beverage to Co-Pack and Manufacture Campa Cans

    Reliance Consumer Products Limited, a consumer products company in India, has partnered with Ceylon Beverage Can (Pvt.) Ltd. for the production of beverage cans. This partnership brings together two companies dedicated to innovation and quality and is expected to benefit both parties through improved operational efficiency and cost savings. With this agreement, Reliance Consumer Products Limited can look forward to expanding its presence in Sri Lanka while providing better packaging solutions for its existing customer base. [Published On: 2023-05-02]

  • The Netherlands expands national deposit return system to include aluminum and steel beverage cans

    The Netherlands announced an expansion of its national deposit return system, which enables the packaging companies to include aluminum and steel beverage cans in addition to plastic. This move comes as part of the country's increasing efforts to reduce the amount of waste that ends up in landfills and encourage sustainable packaging practices. The new rules are expected to come into effect by 1st April 2023, providing a major boost for the aluminum cans industry. [Published On: 2023-03-31]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Beverage Cans Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Beverage Cans Market, highlighting leading vendors and their innovative profiles. These include Amcor PLC, Ardagh Group S.A., Ball Corporation, Baosteel Group Corporation, Berlin Packaging L.L.C., BWAY Corporation, Can-One Berhad, CANPACK S.A., Casablanca Industries Pvt. Ltd., CCL Container, Consolidated Can Manufacturing Co. Ltd., CPMC Holdings Limited, Crown Holdings, Inc., Dongwon Group, Envases Group, GZ Industries Limited, Hindustan Tin Works Ltd., JIMA GROUP, Larsan Tin Printers, Metal Container Corporation by Anheuser-Busch Companies, LLC, MinJia Packaging, Mitsubishi Materials Corporation, Monarch Plastics Corporation, Nampak Limited, Nordson Corporation, Novelis Group, Orora Group, Resonac Holdings Corporation, San Miguel Yamamura Packaging Corporation, Shetron Group, Silgan Holdings Inc., Sonoco Products Company, Swan Industries (Thailand) Limited, Thai Beverage Can Ltd., TON YI INDUSTRIAL CORP., Toyo Seikan Group Holdings, Ltd., Visy Group, WestRock Company, and Yantai Zhuyuan Environmental Tech Co., Ltd..

Beverage Cans Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Beverage Cans Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Aluminum
    • PET
    • Steel
  • Structure
    • 2-Piece Cans
    • 3- Piece Cans
  • Beverage Type
    • Alcoholic Beverages
    • Non- Alcoholic Beverages
    • Water

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Beverage Cans Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Beverage Cans Market, by Type
  7. Beverage Cans Market, by Structure
  8. Beverage Cans Market, by Beverage Type
  9. Americas Beverage Cans Market
  10. Asia-Pacific Beverage Cans Market
  11. Europe, Middle East & Africa Beverage Cans Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 284]
  16. List of Companies Mentioned [Total: 39]
Beverage cans of the future: sustainable, slim, sleek, and no spills!
November 7, 2023
Beverage cans of the future: sustainable, slim, sleek, and no spills!
Beverage cans, the obscure heroes of consumers' favorite refreshments, have quietly evolved over the years beyond their modest exterior; these cans are a testament to novel design and sustainability.

From classic aluminum cans to lightweight cans, beverage cans have come a long way in terms of design. Evolving consumer preferences for portion control and aesthetics have filled the shelves with sleek and stylish energy drinks and craft beer cans.

The advent of re-sealable cans with a built-in mechanism that allows to open and close the can multiple times while preserving carbonation is a win-win for both the consumers and the environment as it reduces waste. The ingenious beverage cans with game-changing lids can keep the beverage free from bacteria, chemical, or environmental contamination.

Besides, holding cold drinks beverage cans with heat-retaining properties can keep beverages, including coffee, sizzling hot for a longer time, eliminating the need for a disposable cup.

In today’s world, with sustainability being at the forefront of packaging design, beverage companies are turning to recycled aluminum for can production to lower their environmental footprint.

The future of beverage cans is expected to be smarter with well-equipped QR codes that give access to special promotions, nutritional information, or even augmented reality experiences, making the can a creative and interactive marketing tool.

The Increasing Popularity of Beverage Cans in the Market
June 29, 2023
The Increasing Popularity of Beverage Cans in the Market
With the rise in demand for energy and non-alcoholic drinks globally, it comes as no surprise that this translates into a heightened need for convenient packaging options. As such, the beverage industry has seen an increase in the usage of beverage cans. Beverage cans have been widely accepted around the globe, and this trend is growing rapidly. The beverage can industry offers an ideal package for different types of drinks, including carbonated soft drinks, juices, water, and energy drinks. In this blog post, we will delve deeper into the factors driving the increased use of beverage cans in the industry.

Durability and Protection:

Beverage cans are made of aluminum or steel, making them the perfect option to withstand rough handling, ensuring that your favorite drink remains protected from contamination, even in high-pressure conditions during transportation. Additionally, aluminum and steel cans protect the contents from light, oxygen, and other gases, which can affect the quality and taste of the drink.


The portability of cans is one of the reasons why they are popular. You can take your favorite drinks anywhere you go. Aside from this, cans are lightweight, which makes them ideal when traveling, whether going for a road trip, camping, or on a picnic. No one likes carrying huge bottles of soda or drinks while on an adventure, and beverage cans come in handy during such moments.


Recycling is becoming a crucial conversation globally, and beverage cans remain at the forefront of it. Unlike plastic bottles, cans are easily recyclable over and over again. The beverage industry is becoming more conscious of the need to protect our environment, and by using cans, they align with this objective. Additionally, since beverage cans are stackable, they take up less space during transportation compared to bottles, which helps reduce the carbon footprint.

Marketing Strategy:

The use of branded cans is becoming a popular marketing strategy for beverage companies worldwide. Can manufacturers have made it possible to create top-notch designs, making it easier for companies to create a unique identity. Many beverage companies in the industry use cans to market their products due to their flexibility in print and design. These cans come in different sizes, which adds to their diverse marketing strategies. As the use of cans increases, it presents numerous opportunities for more innovative design ideas, leading the way to a fresh wave of product creativity.

Good for Business:

For beverage companies, the main objective is to make a profit, and the use of cans presents numerous benefits that help to achieve this. One of the most significant benefits is that cans are cost-effective, which means that companies can produce a larger quantity of products at a lower cost. Additionally, cans have a longer shelf life compared to bottles, and this translates into increased sales revenue. Lastly, the use of cans also helps reduce the incidence of breakages, which ensures that companies minimize losses.

The future of the beverage industry is evolving rapidly, and the use of beverage cans is at the forefront of this change. They present numerous advantages, including protection, convenience, sustainability, cost-effectiveness, and the flexibility to use them as part of a marketing strategy. With the increased demand for non-alcoholic and energy drinks, the use of cans will continue to rise, presenting an opportunity for businesses in the beverage industry to adapt to the changing trends and boost their market share. As we continue to evolve environmentally and socially worldwide, beverage cans will remain a preferred option for their sustainability, leading the way to a cleaner and more prosperous future.

Frequently Asked Questions
  1. How big is the Beverage Cans Market?
    Ans. The Global Beverage Cans Market size was estimated at USD 29.11 billion in 2023 and expected to reach USD 31.16 billion in 2024.
  2. What is the Beverage Cans Market growth?
    Ans. The Global Beverage Cans Market to grow USD 47.73 billion by 2030, at a CAGR of 7.31%
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