The Beverage Cans Market is expected to register a CAGR of 6% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.
The report is segmented by material type (aluminum, steel, PET). The report further presents analysis based on beverage type (alcoholic beverages, non-alcoholic beverages, water). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Beverage Cans Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Beverage Cans Market Segmentation
Material Type- Aluminum
- Steel
- PET
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Water
Strategic Insights
Beverage Cans Market Growth Drivers- Convenience and Portability: Beverage cans are lightweight, portable, and easy to store, making them a preferred packaging option for on-the-go consumption. This convenience factor is driving the demand for cans in categories like carbonated drinks, energy drinks, and ready-to-drink beverages, fueling market growth.
- Growing Demand for Sustainable Packaging: Increasing environmental concerns and consumer preference for sustainable products are driving the demand for recyclable and eco-friendly packaging solutions. Beverage cans, made from aluminum and fully recyclable, align with sustainability goals, prompting companies to choose them over plastic packaging.
- Expansion of the Ready-to-Drink (RTD) Market: The growing popularity of ready-to-drink beverages, including energy drinks, iced tea, and alcoholic beverages, is boosting the demand for beverage cans. The convenience and preservation properties of cans make them ideal for packaging these products, driving their increased use in the beverage industry.
- Rise of Eco-friendly and Recyclable Packaging: Consumers are increasingly demanding sustainable products, and the beverage can industry is responding by focusing on reducing environmental impact. Brands are increasingly using recyclable aluminum cans and adopting eco-friendly production methods to appeal to eco-conscious consumers, aligning with sustainability goals.
- Shift Towards Alcoholic Beverages in Cans: There is a growing trend of alcoholic beverages, such as craft beer, wine, and hard seltzers, being packaged in cans. This shift is driven by consumer preferences for convenience, portability, and the modern aesthetic of canned alcoholic drinks, further expanding the use of beverage cans.
- Premium and Health-Conscious Packaging: As consumers become more health-conscious, there is a rising demand for functional and premium beverages, such as organic juices, plant-based drinks, and vitamin-infused waters, packaged in cans. Manufacturers are catering to this demand by developing cans that preserve product quality while meeting consumer preferences for health-oriented products.
- Growth in Emerging Markets: As disposable incomes rise and urbanization increases in emerging markets, there is a significant opportunity for beverage can manufacturers to expand their presence. Rising demand for carbonated drinks, juices, and bottled water in regions like Asia-Pacific and Latin America presents growth opportunities.
- Customization and Innovative Designs: Beverage can manufacturers can explore opportunities to offer customized, unique designs and limited-edition packaging to differentiate products. Personalized branding and innovative graphics, such as eco-friendly labeling and special designs, can attract consumers, especially in the premium beverage market.
- Advancements in Packaging Technologies: There is an opportunity for manufacturers to invest in advanced packaging technologies like lightweight cans or enhanced sealing methods that improve shelf life and preserve product quality. This innovation can help enhance the attractiveness of cans, particularly for beverages with short shelf lives or sensitive ingredients.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Beverage Cans Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Beverage Cans Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The beverage cans market is estimated to witness a CAGR of 6% from 2025 to 2031
Increase in popularity of energy and sports drinks driving the beverage cans market growth.
Crown Holdings Inc, ArdaghGroup S.A, CPMC Holdings Limited, Toyo Seikan Group Holdings Ltd., Can-One Berhad, Can-Pack S.A, Ball Corporation, Envases Universales, Universal Can Corporation, Interpack Group Inc. are the key players operating in the beverage cans market.
On the basis of geography, the market is segmented into is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Based on geography, North America held the largest share of the beverage cans market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
- Crown Holdings Inc.
- ArdaghGroup S.A,
- CPMC Holdings Limited
- Toyo Seikan Group Holdings Ltd.
- Can-One Berhad
- Can-Pack S.A
- Ball Corporation
- Envases Universales
- Universal Can Corporation
- Interpack Group Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For