Market revenue in 2023 | USD 3,177.0 million |
Market revenue in 2030 | USD 4,401.4 million |
Growth rate | 4.8% (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 |
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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 38.43% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil has emerged as one of the fastest-growing economies in South America and is characterized by rapid developments across various industries, leading to increasing disposable incomes of consumers.
The consumers in the country have exhibited an urge for consuming ready-to-eat (RTE) products, which is expected to have a positive impact on the consumption of packaged beverages, thus benefitting the growth of the beverage cans market in the region.
Additionally, the growing middle-class population in the country has exhibited continuous demand for premium soft drink beverages and new flavored drinks, which translates into a huge potential market for beverage cans over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into Brazil beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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