Australia Beverage Cans Market Size & Outlook, 2023-2030
Australia beverage cans market, 2018-2030 (US$M)
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Australia beverage cans market highlights
- The Australia beverage cans market generated a revenue of USD 411.7 million in 2023 and is expected to reach USD 582.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.1% 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.
Beverage cans market data book summary
| Market revenue in 2023 | USD 411.7 million |
| Market revenue in 2030 | USD 582.6 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Alcoholic beverages |
| Fastest growing segment | Fruits & Vegetable Juices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 1.1% of the global beverage cans market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China beverage cans market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 532.7 million by 2030.
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Beverage Cans Market Scope
Beverage Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 41.39% in 2023. Horizon Databook has segmented the Australia 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 disposable income of consumers in Australia is high, leading to the substantial consumption of premium beverages in the country. The retail market in Australia is highly organized with supermarket stores, such as Coles and Woolworths, dominating the market, thus increasing the penetration of beverage cans in the country due to the high availability of beverages.
The country has bauxite reserves and operates several mines and smelters that have led to the sufficient availability of aluminum sheets in Australia. These sheets are used by local can manufacturers, such as Orora Aluminum Australia Pty Ltd., for producing beverage cans.
Australia has a flourishing aluminum recycling industry with companies, such as Novelis, playing an active role in recycling programs in the country. Steel, which is used for the production of metal cans, is generally imported by Australia from the leading steel manufacturers, such as India and China.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into Australia beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia beverage cans market size, by product, 2018-2030 (US$M)
Australia Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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