Asia Pacific Beverage Cans Market Size & Outlook
Asia Pacific beverage cans market, 2018-2030 (US$M)
Related Markets
Asia Pacific beverage cans market highlights
- The Asia Pacific beverage cans market generated a revenue of USD 8,611.5 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, alcoholic beverages was the largest revenue generating product in 2023.
- Fruits & Vegetable Juices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8,611.5 million |
| Market revenue in 2030 | USD 12,822.4 million |
| Growth rate | 5.9% (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 |
| Key market players worldwide | Ball Corp, Crown Holdings Inc, Ardagh Metal Packaging SA Ordinary Shares, Toyo Seikan Group Holdings Ltd, CANPACK, Kian Joo Can Factory |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.0% of the global beverage cans market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,822.4 million by 2030.
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Beverage Cans Market Scope
Beverage Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific beverage 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 beverage cans market will help companies and investors design strategic landscapes.
Alcoholic beverages was the largest segment with a revenue share of 37.06% in 2023. Horizon Databook has segmented the Asia Pacific beverage cans market based on carbonated soft drinks, alcoholic beverages, fruits & vegetable juices covering the revenue growth of each sub-segment from 2018 to 2030.
The region is particularly witnessing growth on account of the increasing demand for packaged beverages from the emerging economies of the region, including India and Australia, among others. In addition, changing consumer preferences plays a significant role in driving the beverage cans market in Asia Pacific.
Consumers, particularly the younger generation, are increasingly gravitating toward convenient and on-the-go packaging solutions. Beverage cans offer portability, ease of use, and a longer shelf life, making them an attractive choice for busy lifestyles.
Additionally, the growing awareness regarding health among consumers has led to a rise in the demand for healthier beverage options, such as energy drinks, flavored waters, and functional beverages, which are often packaged in cans.
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Target buyers of Asia Pacific beverage cans market databook
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Our clientele includes a mix of beverage cans market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific beverage cans market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific beverage cans market size, by country, 2018-2030 (US$M)
Asia Pacific Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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