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Beverage Can Market 2023-2032 | Size, Share, Growth, Trends, Revenue, Competitive Landscape, Forecast Report
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Beverage Can Market Size, Growth Rate, And Forecast
The global beverage can market size is expected to grow from $30.58 billion in 2022 to $32.32 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global beverage can market size is expected to reach $39.61 billion in 2027 at a CAGR of 5.2%.
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Beverage Can Market Drivers
Increasing consumption of beverages is expected to propel the growth of the beverage can market going forward. Beverage refers to any drinkable liquid, especially one that is not water. Aluminum cans are used as a packaging solution for storing and distributing beer. Aluminum beverage containers are recyclable and lightweight, stackable, and incredibly efficient to freight and store. Hence, the increasing consumption of beverages will result in a rise in demand for beverage cans which will boost the growth of the market.
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Beverage Can Market Segments
1) By Material: Steel, Aluminum, Other Materials
2) By Structure: Two Piece Can, Three Piece Can
3) By Can Coating: Epoxy, Polyester, Vinyl, Other Can coatings
4) By Application: Non-Alcoholic Beverage, Alcoholic Beverage, Sports And Energy Drinks, Fruit Based Drinks, Carbonated Soft Drinks, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Beverage Can market.
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Beverage Can Market Key Players
Major competitors in the Beverage Can market include Crown Holdings Inc., Ardagh Group S.A., CPMC Holdings Limited, Toyo Seikan Group Holdings, Can-Pack S.A., Ball Corporation
The Table Of Content For The Beverage Can Market Include:
1. Executive Summary
2. Beverage Can Market Characteristics
3. Beverage Can Market Trends And Strategies
4. Beverage Can Market - Macro Economic Scenario
5. Beverage Can Market Size And Growth
……
27. Beverage Can Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Beverage Can Market
29. Beverage Can Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Beverage Can Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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