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Beverage Can Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Beverage Can
What Is the Projected Growth of the Beverage Can Market?
The Beverage Can Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Beverage Can Market?
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What Are the Different Beverage Can Market Segments?
The beverage can market covered in this report is segmented -
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
Subsegments:
1) By Steel: Tinplate, Tin-free Steel
2) By Aluminum: Aluminum Alloy
3) By Other Materials: Plastic, Composites
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What Are the Primary Drivers Shaping the Beverage Can Market?
The surge in beverage intake is anticipated to drive the expansion of the beverage can industry. Beverages are drinkable liquids that are distinguishable from water. Beer is stored and shipped using aluminium cans as a packaging solution. The factors that enhance the usability of aluminium beverage containers include their recyclability, light weight, stackability, and excellent storage and shipping efficiency. Consequently, the rise in the intake of beverages will amplify the demand for beverage cans, thereby stimulating market growth. For example, according to a 2023 report on soda consumption by country by the World Population Review, a US agency that simplifies complicated demographic data through easy-to-grasp articles about national and city populations, Argentina leads globally in soda consumption with each individual consuming approximately 155 liters annually. Next in line is the United States, where each citizen gulps down 154 liters of soda annually, showcasing some of the highest global soda consumption rates. Hence, the escalation in beverage intake is propelling the growth of the beverage can market.
Which Companies Are Leading in the Beverage Can Market?
Major companies operating in the beverage can market include Crown Holdings Inc., Ardagh Group S.A., CPMC Holdings Limited, Toyo Seikan Group Holdings Ltd., Can-Pack S.A., Ball Corporation, Envases Universales S.A. de C.V., GZ Industries Limited, Showa Denko K.K., Nampak Beverage Can (Pty) Limited, The Olayan Group, Techpack Solutions Private Limited, Orora Packaging Australia Pty Ltd, Kien Joo Can Factory Berhad, Silgan Holdings Inc., Can-One Berhad, Universal Can Corporation Inc., Interpack Group Inc., Ceylon Beverage Can (Private) Limited, Baoshan Iron & Steel Co Ltd., Asia Packaging Industries Sdn Bhd, Jiangsu Baosteel Metal Products Co Ltd., Rexam PLC, HUBER Packaging Group GmbH, Metal Container Corporation, Alltub Group, Massilly Group, Independent Can Company, Great China Metal Industry Company Limited, Hulamin Containers Limited, Shanghai Z Z Zijiang Enterprise (Group) Co Ltd., Emballator Metal Group, China International Marine Containers (Group) Ltd., Grupo Zapata S.A. de C.V., ShengXing Group Co Ltd., Benjamit Packaging Co Ltd., Arabian Can Industry LLC, Grupo Vidriera Del Norte S.A. de C.V.
What Are the Major Trends Shaping the Beverage Can Market?
The increasing trend of product innovation is starting to set foot in the beverage can market. Major participants in the market are focusing their resources on developing unique products to solidify their market stature. As an example, Ardagh Metal Packaging (AMP), a company in Luxembourg that provides sustainable, endlessly recyclable, metal beverage cans to brands, unveiled a 19.2oz beverage can in January 2023. This new product offers customers the freedom to choose a size that falls between the more common sizes of 16 oz and 24 oz, catering to the growing requirement in the solo-serve channel. The packaging could also lead to businesses branching out to new product genres such as water, hard seltzer, beer, and cider.
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What Are the Top Revenue-Generating Geographies in the Beverage Can Market?
North America was the largest region in the beverage can market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global beverage can market report during the forecast period. The regions covered in the beverage can market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Beverage Can Market?
2. What is the CAGR expected in the Beverage Can Market?
3. What Are the Key Innovations Transforming the Beverage Can Industry?
4. Which Region Is Leading the Beverage Can Market?
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