Global Beverage Cans Market Research Report 2022
A beverage can is a metal container designed to hold a fixed portion of liquid such as carbonated soft drinks, alcoholic beverages, fruit juices, teas, herbal teas, energy drinks, etc. Beverage cans are made of aluminium (75% of worldwide production) or tin-plated steel (25% worldwide production). Worldwide production for all beverage cans is approximately 370 billion cans per year worldwide.
Due to the COVID-19 pandemic, the global Beverage Cans market size is estimated to be worth US$ 23900 million in 2021 and is forecast to a readjusted size of US$ 33610 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Beverage Cans market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Beverage Cans landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The rising demand for metal cans is estimated be one of the major factors that will have a positive impact on the growth of the global beverage cans market during the forecast period. here is an increasing utilization of metal cans for beverages such as beer, soft drinks, ready-to-drink (RTD) tea and coffee, and juices. Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period. paperboard is made from two or more materials and it can be manufactured in various shapes and sizes. Along with various linear materials to achieve barrier requirements, the body of the can is made from paper. Growing concerns among consumers regarding the environmental impact of metals and plastic cans has made paperboard cans more popular. Paperboard cans are made from wood pulp, which is a renewable source and the cost of manufacturing is also less. Thus, the popularity of paperboard cans will impede the growth of the global beverage cans market during the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.
This report focuses on Beverage Cans volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Beverage Cans market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Beverage Cans Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Aluminum
Steel
Segment by Application
Carbonated Soft Drinks
Alcoholic Beverages
Fruit & Vegetable Juices
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Ardagh Group
Ball Corporation
CAN-PACK
CPMC HOLDINGS
Crown
Orora
Due to the COVID-19 pandemic, the global Beverage Cans market size is estimated to be worth US$ 23900 million in 2021 and is forecast to a readjusted size of US$ 33610 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Beverage Cans market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Beverage Cans landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The rising demand for metal cans is estimated be one of the major factors that will have a positive impact on the growth of the global beverage cans market during the forecast period. here is an increasing utilization of metal cans for beverages such as beer, soft drinks, ready-to-drink (RTD) tea and coffee, and juices. Increasing demand for energy drinks and canned cold coffee and iced tea in Europe and Latin America is expected to drive growth over the forecast period. paperboard is made from two or more materials and it can be manufactured in various shapes and sizes. Along with various linear materials to achieve barrier requirements, the body of the can is made from paper. Growing concerns among consumers regarding the environmental impact of metals and plastic cans has made paperboard cans more popular. Paperboard cans are made from wood pulp, which is a renewable source and the cost of manufacturing is also less. Thus, the popularity of paperboard cans will impede the growth of the global beverage cans market during the forecast period. Increasing consumption of canned beverages in major sports tournaments such as Major League Baseball, Barclays Premier League and La Liga owing to increased convenience in handling the beverage is expected to propel the demand for beverage cans over the forecast period.
This report focuses on Beverage Cans volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Beverage Cans market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Beverage Cans Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Aluminum
Steel
Segment by Application
Carbonated Soft Drinks
Alcoholic Beverages
Fruit & Vegetable Juices
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Ardagh Group
Ball Corporation
CAN-PACK
CPMC HOLDINGS
Crown
Orora
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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