Global Aluminum Cans Market Size & Outlook, 2023-2030
Global aluminum cans market, 2018-2030 (US$M)
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Global aluminum cans market highlights
- The global aluminum cans market generated a revenue of USD 51,333.5 million in 2023 and is expected to reach USD 79,331.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.4% by 2030.
- In terms of segment, alcoholic beverages accounted for a revenue of USD 19,805.8 million in 2023.
- Fruits & Vegetable Juices is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 51,333.5 million |
| Market revenue in 2030 | USD 79,331.3 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Alcoholic beverages |
| Fastest growing segment | Fruits & Vegetable Juices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbonated Soft Drinks, Alcoholic Beverages, Fruits & Vegetable Juices |
Other key industry trends
- In terms of revenue, the North America accounted for 37.0% of the global aluminum cans market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,242.1 million by 2030.
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Aluminum Cans Market Scope
Aluminum Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aluminum cans market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum cans market will help companies and investors design strategic landscapes.
Alcoholic beverages was the largest segment with a revenue share of 38.58% in 2023. Horizon Databook has segmented the Global aluminum cans market based on carbonated soft drinks, alcoholic beverages, fruits & vegetable juices covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aluminum Cans Product Outlook (Revenue, USD Million, 2018-2030)
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruits & Vegetable Juices
- Meat
- Ready Meals
- Vegetables
- Seafood
- Fruits
- Food & Beverages
- Spices
- Paints
- Others
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Our clientele includes a mix of aluminum cans market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aluminum cans market , including forecasts for subscribers. This global databook contains high-level insights into Global aluminum cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aluminum cans market size, by region, 2018-2030 (US$M)
Top 10 countries: Aluminum cans market size, 2023 (US$M)
Global aluminum cans market share, by product, 2023 & 2030 (%, US$M)
Aluminum cans market: Opportunity assessment by country
Global aluminum cans market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 4,190.0 | 4,397.8 | 4,642.5 | 4,940.9 | 5,262.2 | 5,606.1 | 5,976.6 | 6,374.5 | 6,800.3 | 7,252.1 | 7,737.4 | 8,256.9 | 8,886.8 | 6.9% |
| Europe | 10,668.0 | 10,999.7 | 11,418.5 | 11,954.5 | 12,529.3 | 13,135.1 | 13,780.9 | 14,465.8 | 15,187.9 | 15,941.2 | 16,728.5 | 17,543.5 | 18,557.6 | 5.2% |
| North America | 14,677.4 | 15,266.9 | 15,966.0 | 16,887.6 | 17,897.0 | 18,977.3 | 20,143.7 | 21,398.7 | 22,744.7 | 24,191.9 | 25,752.8 | 27,429.8 | 29,234.0 | 6.5% |
| MEA | 1,850.1 | 1,905.9 | 1,959.7 | 2,059.1 | 2,196.6 | 2,340.1 | 2,490.1 | 2,645.9 | 2,806.2 | 2,995.1 | 3,208.0 | 3,447.7 | 3,628.3 | 6.7% |
| Asia Pacific | 8,226.2 | 8,651.3 | 9,142.1 | 9,797.1 | 10,504.3 | 11,274.8 | 12,122.2 | 13,051.7 | 14,069.7 | 15,178.5 | 16,394.0 | 17,723.6 | 19,024.7 | 7.9% |
| Overall | 39,611.7 | 41,221.5 | 43,128.8 | 45,639.3 | 48,389.3 | 51,333.4 | 54,513.5 | 57,936.5 | 61,608.7 | 65,558.7 | 69,820.6 | 74,401.3 | 79,331.3 | 6.4% |
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