PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1685560
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1685560
Beverage Cans Market Introduction and Overview
According to SPER market research, 'Global Beverage Cans Market Size- By Material, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Beverage Cans Market is predicted to reach 41.14 billion by 2034 with a CAGR of 5.76%.
Beverage cans are lightweight, long-lasting, and highly recyclable containers used to package a variety of drinks, including carbonated soft drinks, energy drinks, juices, and alcoholic beverages. These cans, made mostly of aluminium or tin-plated steel, offer exceptional protection against light, air, and pollutants, retaining the freshness and flavor of the beverage inside. Their ease of chilling and portability make them a popular choice among those looking for convenience.
Restraints: Fluctuating raw material prices, particularly for aluminium, provide a substantial problem because pricing volatility has a direct impact on production expenses and profit margins. Furthermore, the energy-intensive nature of aluminium extraction and manufacture raises concerns about carbon emissions, resulting in regulatory scrutiny and sustainability challenges. The market is also being challenged by alternative packaging alternatives such as glass bottles, paper-based cartons, and biodegradable plastics, which are gaining popularity among environmentally aware consumers.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Material, By Application.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
Ardagh Group S.A, Ball Corporation, Bangkok Can Manufacturing, CANPACK, CPMC Holdings Limited, Crown Holdings, Inc, Envases Group, GZI Industries Limited, Kian Joo Can Factory Berhad, Mahmood Saeed Can and End Industry Company Limited (MSCANCO), Nampak Ltd, Olayan Group, Orora Packaging Australia Pty. Ltd, SWAN Industries, Toyo Seikan Co., Ltd. and others.
Beverage Cans Market Segmentation:
By Material: Based on the Material, Global Beverage Cans Market is segmented as; Aluminium, Steel.
By Application: Based on the Application, Global Beverage Cans Market is segmented as; Carbonated Soft Drinks, Alcoholic Beverages, Fruits & Vegetables Juices, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America,
Middle East & Africa and Europe.