The demand for portable and efficient packaging solutions for beverages drives market expansion. The increased use of non-alcoholic beverages among health-conscious customers is predicted to stimulate demand for beverage cans. The introduction of sports drinks and fruit juices, as well as the rising consumption of Ready-to-Drink (RTD) products in can packaging, are likely to boost the market growth. With rising health consciousness among customers worldwide, beverage makers are upgrading and launching products with an emphasis on natural, low-calorie, and low-sugar ingredients like stevia. This is expected to increase the number of health-conscious customers.
Portable Nature and Recyclability of Metal Cans Fueling the Beverage Metal Cans Market Growth
Metal beverage cans are used to protect beverages from the outside environment, tampering, and support the product during transit or handling. Metal beverage cans aid in the constant distribution of beverages across the value chain, reducing manufacturing or transition losses. Metal packaging materials are used in the beverage sector for soft drinks, water, beer, dairy products, sports and energy drinks, ready-to-drink tea & coffee, alcoholic drinks, and other products.
The leading global beverage metal cans market players include Ball Corporation, Crown Holdings, Inc., Ardagh Group S.A., Canpack, Orora Packaging Australia Pty Ltd., Amcor plc., Silgan Containers LLC, GZI Industries Limited, Showa Denko K.K., and Envases Group. These players are focused on strategies such as research and development and new product development to increase the geographical presence and consumer base globally.
