Beverage Cans Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Beverage Cans Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Beverage Cans Market
The beverage cans market size was valued at USD 25.31 billion in 2019, and the market is now projected to grow from USD 25.31 billion in 2019 to USD 36.59 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period of 2019-2027.
COVID-19 has a good sized impact on the overall performance of the beverage cans market growth. The restriction on bauxite mining, transportation of uncooked substances, and recycling activities of aluminium disrupted the supply chain. Beverage manufacturers confronted a scarcity in the supply of cans. However, the coronavirus outbreak turned into a blessing in hide for the beverage can manufacturers. Consumers decide to shop for multiple packs of liquids for at-home intake due to the lockdown, which, in flip, fueled beverage calls during the pandemic. The surprising increase in demand for liquids has propelled the business of the worldwide marketplace.
Factors consisting of urbanisation, sports, and a developing populace are chargeable for the high call for a rising beverage cans market share. The rise in disposable profits in developing countries has brought about accelerated consumer spending on drinks. Brand choice has performed a critical position in surging the call for drinks in growing countries, therefore driving the market. For instance, manufacturers such as Coca-Cola and Pepsi have a big effect on the purchasers living in rising countries. Besides, clients pick out drinks with sustainable and recyclable packaging, as a consequence boosting the call for steel cans.
Additionally, exponential population growth, increasing spending ability, and evolving lifestyle have resulted in moving client conduct. Due to anxious schedules and long operating hours, consumers are choosing prepared-to-drink beverages. Drinks, which include tea, coffee, wine, and water in cans, are witnessing excessive demand from clients due to their small element and transportable nature.
Comprehensive Analysis of the Beverage Can Market
The market is segmented by way of the process into sulfate and chloride, with the sulfate segment dominating due to its easier, fee-efficient manufacturing of titanium dioxide (TiO2). The growing call from the automobile and production industries, especially for paints and coatings, has pushed TiO2 consumption. Technological improvements, which include fee-powerful production strategies and the use of low-grade, eco-friendly raw materials, are in addition boosting growth. By software, the marketplace is divided into paints.
The beverage cans market length in North America stood at USD 8.97 billion in 2019. North America holds the biggest percentage in the marketplace. The dominance is attributed to the growing consumption of processed and packaged beverages in the vicinity. Increasing fitness awareness in North America has brought about a growing consumption of healthy and nutritious liquids, thereby increasing the cans' call.
The top players in the market play a crucial role in the industry, assuring industrial prospectus growth and setting market standards. These players include Ball Corporation (U.S.), Orora Packaging Australia Pty Ltd (Australia), Crown Holdings, Inc. (U.S.), Ardagh Group S.A. (Ireland), CANPACK S.A. (Poland), GZ Industries Ltd. (Nigeria), CPMC Holdings Ltd. (China), MSCANCO (Saudi Arabia), Pakistan Aluminum Beverage Cans Limited (PABC Ltd.) (Pakistan), Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka), Universal Can Corporation (U.S.); these market players provide a level-playing competitive landscape.
In July 2021, Ball Corporation planned to construct new aluminium beverage packaging flowers inside the UK and Russia. Each facility might start generating billions of cans yearly in 2023. This expansion will permit the agency to successfully serve its quit users involved in the manufacturing of wines, difficult seltzers, pure and more advantageous water brands, and geared up-to-drink cocktails inside the UK and beer and strength liquids in Russia.
Segmentation Table
Global Beverage cans Market Scope
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Growth Rate CAGR of 4.7% from 2024-2032
Historical Period 2016-2018
Unit Value (USD Billion)
Segmentation By Product; Application, and Region
By product
Aluminum
Steel
By application
Carbonated Soft Drinks
Alcoholic Beverages
Fruit and Vegetable Juices
Others
By Region
North America (By Product, By Application and By Country)
The U.S.
Canada
Mexico
Europe (By Product, By Application and By Country)
Germany
UK
France
Italy
Rest of Europe
Asia Pacific (By Product, By Application and By Country)
China
India
Japan
South Korea
Rest of Asia Pacific
South America (By Product, By Application and By Country)
Brazil
Rest of South America
Middle East & Africa (By Product, By Application and By Country)
South Africa
Rest of Rest of WorldPlease Note: It will take 5-6 business days to complete the report upon order confirmation.
Table of Contents
127 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market SegHouseholdtation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Key Market Trends in the Global Market
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc. .
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 4.6. Price Trend Analysis
- 5. Qualitative Insights Impact of COVID 19 on Global Beverage Cans Market
- 5.1. Supply Chain Challenges
- 5.2. Steps taken by Government/Companies to overcome this impact
- 5.3. Potential opportunities due to COVID-19 outbreak
- 6. Global Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Product
- 6.2.1.1. Aluminum
- 6.2.1.2. Steel
- 6.2.2. By Application
- 6.2.2.1. Carbonated Soft Drinks
- 6.2.2.2. Alcoholic Beverages
- 6.2.2.3. Fruit and Vegetable Juices
- 6.2.2.4. Others
- 6.2.3. By Region
- 6.2.3.1. North America
- 6.2.3.2. Europe
- 6.2.3.3. Asia Pacific
- 6.2.3.4. South America
- 6.2.3.5. Middle East & Africa
- 7. North America Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Product
- 7.2.1.1. Aluminum
- 7.2.1.2. Steel
- 7.2.2. By Application
- 7.2.2.1. Carbonated Soft Drinks
- 7.2.2.2. Alcoholic Beverages
- 7.2.2.3. Fruit and Vegetable Juices
- 7.2.2.4. Others
- 7.2.3. By Country
- 7.2.3.1. U.S
- 7.2.3.2. Canada
- 8. Europe Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Product
- 8.2.1.1. Aluminum
- 8.2.1.2. Steel
- 8.2.2. By Application
- 8.2.2.1. Carbonated Soft Drinks
- 8.2.2.2. Alcoholic Beverages
- 8.2.2.3. Fruit and Vegetable Juices
- 8.2.2.4. Others
- 8.2.3. By Country
- 8.2.3.1. Germany
- 8.2.3.2. France
- 8.2.3.3. UK
- 8.2.3.4. Italy
- 8.2.3.5. Rest of Europe
- 9. Asia-Pacific Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Product
- 9.2.1.1. Aluminum
- 9.2.1.2. Steel
- 9.2.2. By Application
- 9.2.2.1. Carbonated Soft Drinks
- 9.2.2.2. Alcoholic Beverages
- 9.2.2.3. Fruit and Vegetable Juices
- 9.2.2.4. Others
- 9.2.3. By Country
- 9.2.3.1. China
- 9.2.3.2. Japan
- 9.2.3.3. India
- 9.2.3.4. South Korea
- 9.2.3.5. Rest of Asia-Pacific
- 10. South America Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Product
- 10.2.1.1. Aluminum
- 10.2.1.2. Steel
- 10.2.2. By Application
- 10.2.2.1. Carbonated Soft Drinks
- 10.2.2.2. Alcoholic Beverages
- 10.2.2.3. Fruit and Vegetable Juices
- 10.2.2.4. Others
- 10.2.3. By Country
- 10.2.3.1. Brazil
- 10.2.3.2. Rest of South America
- 11. Middle East & Africa Beverage Cans Market Analysis, Insights and Forecast, 2016-2027
- 11.1. Key Findings / Summary
- 11.2. Market Size Estimates and Forecast
- 11.2.1. By Product
- 11.2.1.1. Aluminum
- 11.2.1.2. Steel
- 11.2.2. By Application
- 11.2.2.1. Carbonated Soft Drinks
- 11.2.2.2. Alcoholic Beverages
- 11.2.2.3. Fruit and Vegetable Juices
- 11.2.2.4. Others
- 11.2.3. By Country
- 11.2.3.1. South Africa
- 11.2.3.2. Rest of the Middle East & Africa
- 12. Competitive Matrix
- 12.1. Business Strategies Adopted by Leading Players
- 12.2. Global Beverage Cans Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 13. Company Profiles
- 13.1. Ball Corporation
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.1.4. Financials (Data as available in public domain and/or on paid databases)
- 13.1.5. Recent DevelopHouseholdts
- 13.2. Orora Packaging Australia Pty Ltd
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Product Portfolio
- 13.2.4. Financials (Data as available in public domain and/or on paid databases)
- 13.2.5. Recent DevelopHouseholdts
- 13.3. Crown Holdings, Inc.
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Product Portfolio
- 13.3.4. Financials (Data as available in public domain and/or on paid databases)
- 13.3.5. Recent DevelopHouseholdts
- 13.4. Ardagh Group S.A.
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Product Portfolio
- 13.4.4. Financials (Data as available in public domain and/or on paid databases)
- 13.4.5. Recent DevelopHouseholdts
- 13.5. CANPACK S.A.
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Product Portfolio
- 13.5.4. Financials (Data as available in public domain and/or on paid databases)
- 13.5.5. Recent DevelopHouseholdts
- 13.6. GZ Industries Ltd
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Product Portfolio
- 13.6.4. Financials (Data as available in public domain and/or on paid databases)
- 13.6.5. Recent DevelopHouseholdts
- 13.7. CPMC Holdings Ltd.
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Product Portfolio
- 13.7.4. Financials (Data as available in public domain and/or on paid databases)
- 13.7.5. Recent DevelopHouseholdts
- 13.8. MSCANCO
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Product Portfolio
- 13.8.4. Financials (Data as available in public domain and/or on paid databases)
- 13.8.5. Recent DevelopHouseholdts
- 13.9. Pakistan Aluminium Beverage Cans Limited (PABC Ltd.)
- 13.9.1. Overview
- 13.9.2. Description
- 13.9.3. Product Portfolio
- 13.9.4. Financials (Data as available in public domain and/or on paid databases)
- 13.9.5. Recent DevelopHouseholdts
- 13.10. Ceylon Beverage Can (Pvt) Ltd
- 13.10.1. Overview
- 13.10.2. Description
- 13.10.3. Product Portfolio
- 13.10.4. Financials (Data as available in public domain and/or on paid databases)
- 13.10.5. Recent DevelopHouseholdts
- 13.11. Universal Can Corporation
- 13.12. Techpack Solutions
- 13.12.1. Overview
- 13.12.2. Description
- 13.12.3. Product Portfolio
- 13.12.4. Financials (Data as available in public domain and/or on paid databases)
- 13.12.5. Recent DevelopHouseholdts
- 13.13. Baosteel Metal Co., Ltd
- 13.13.1. Overview
- 13.13.2. Description
- 13.13.3. Product Portfolio
- 13.13.4. Financials (Data as available in public domain and/or on paid databases)
- 13.13.5. Recent DevelopHouseholdts
- 13.14. Asia Packaging Industries
- 13.14.1. Overview
- 13.14.2. Description
- 13.14.3. Product Portfolio
- 13.14.4. Financials (Data as available in public domain and/or on paid databases)
- 13.14.5. Recent DevelopHouseholdts
- 13.15. Hanacans Joint Stock Company
- 13.15.1. Overview
- 13.15.2. Description
- 13.15.3. Product Portfolio
- 13.15.4. Financials (Data as available in public domain and/or on paid databases)
- 13.15.5. Recent DevelopHouseholdts
- 13.16. Visy Industries
- 13.16.1. Overview
- 13.16.2. Description
- 13.16.3. Product Portfolio
- 13.16.4. Financials (Data as available in public domain and/or on paid databases)
- 13.16.5. Recent DevelopHouseholdts
- 13.17. Thai Beverage Can Ltd
- 13.17.1. Overview
- 13.17.2. Description
- 13.17.3. Product Portfolio
- 13.17.4. Financials (Data as available in public domain and/or on paid databases)
- 13.17.5. Recent DevelopHouseholdts
- 13.18. Daiwa Can Company, Ltd.
- 13.18.1. Overview
- 13.18.2. Description
- 13.18.3. Product Portfolio
- 13.18.4. Financials (Data as available in public domain and/or on paid databases)
- 13.18.5. Recent DevelopHouseholdts
- 13.19. Toyo Seiken Group Holdings Ltd.
- 13.19.1. Overview
- 13.19.2. Description
- 13.19.3. Product Portfolio
- 13.19.4. Financials (Data as available in public domain and/or on paid databases)
- 13.19.5. Recent DevelopHouseholdts
- 13.20. Envases Universales Mexico
- 13.20.1. Overview
- 13.20.2. Description
- 13.20.3. Product Portfolio
- 13.20.4. Financials (Data as available in public domain and/or on paid databases)
- 13.20.5. Recent DevelopHouseholdts
- 13.21. Envases Universales de Centroamérica (ECA)
- 13.21.1. Overview
- 13.21.2. Description
- 13.21.3. Product Portfolio
- 13.21.4. Financials (Data as available in public domain and/or on paid databases)
- 13.21.5. Recent DevelopHouseholdts
- 13.22. Hanil Can Company ltd.
- 13.22.1. Overview
- 13.22.2. Description
- 13.22.3. Product Portfolio
- 13.22.4. Financials (Data as available in public domain and/or on paid databases)
- 13.22.5. Recent DevelopHouseholdts
- 13.23. Hubei O.R.G Packaging Co., Ltd.
- 13.23.1. Overview
- 13.23.2. Description
- 13.23.3. Product Portfolio
- 13.23.4. Financials (Data as available in public domain and/or on paid databases)
- 13.23.5. Recent DevelopHouseholdts
- 13.24. Shanghai United Can Co., Ltd
- 13.24.1. Overview
- 13.24.2. Description
- 13.24.3. Product Portfolio
- 13.24.4. Financials (Data as available in public domain and/or on paid databases)
- 13.24.5. Recent DevelopHouseholdts
- 13.25. Guangdong Enpack Packaging Co.,Ltd
- 13.25.1. Overview
- 13.25.2. Description
- 13.25.3. Product Portfolio
- 13.25.4. Financials (Data as available in public domain and/or on paid databases)
- 13.25.5. Recent DevelopHouseholdts
- 13.26. Naale Group Industry Co., LTD
- 13.26.1. Overview
- 13.26.2. Description
- 13.26.3. Product Portfolio
- 13.26.4. Financials (Data as available in public domain and/or on paid databases)
- 13.26.5. Recent DevelopHouseholdts
- 13.27. NAFCEL
- 13.27.1. Overview
- 13.27.2. Description
- 13.27.3. Product Portfolio
- 13.27.4. Financials (Data as available in public domain and/or on paid databases)
- 13.27.5. Recent DevelopHouseholdts
- 13.28. Yiwu
- 13.28.1. Overview
- 13.28.2. Description
- 13.28.3. Product Portfolio
- 13.28.4. Financials (Data as available in public domain and/or on paid databases)
- 13.28.5. Recent DevelopHouseholdts
- 13.29. Pacific Can China Holdings Limited
- 13.29.1. Overview
- 13.29.2. Description
- 13.29.3. Product Portfolio
- 13.29.4. Financials (Data as available in public domain and/or on paid databases)
- 13.29.5. Recent DevelopHouseholdts
- 13.30. Other Key Players
- 13.30.1. Overview
- 13.30.2. Description
- 13.30.3. Product Portfolio
- 13.30.4. Financials (Data as available in public domain and/or on paid databases)
- 13.30.5. Recent DevelopHouseholdts
- 14. Strategic Recommendations
Pricing
Currency Rates
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