Beverage Metal Cans Market Size, Top Players, and Forecast by 2028
Beverage Metal Cans Market: Strategic Insights
Beverage Metal Cans Market
-
CAGR (2022 - 2028)5.7% -
Market Size 2022
US$ 34.36 Billion -
Market Size 2028
US$ 47.85 Billion
Market Dynamics
GROWTH DRIVERS
- Recyclable packaging preference increasing
- Carbonated soft drink consumption rising
- Convenient beverage packaging demand growing
FUTURE TRENDS
- Advancements in can technology, including improvements in can linings to enhance product shelf life and safety.
- Growing use of digital printing technologies for customizable and eye-catching can designs.
- Increased focus on reducing carbon footprints through sustainable production practices in the beverage can industry.
OPPORTUNITIES
- Expansion of the craft beverage segment, including craft beers and specialty sodas, driving demand for unique can designs.
- Potential for innovation in can manufacturing, such as lightweight and eco-friendly materials.
- Growth in developing markets with increasing urbanization and changing consumer lifestyles favoring canned beverages.
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material
- Aluminum and Steel
Application
- Carbonated Soft Drinks
- Alcoholic Drinks
- Fruit and Vegetable Juices