Market revenue in 2023 | USD 1,259.7 million |
Market revenue in 2030 | USD 1,511.1 million |
Growth rate | 2.6% (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 38.2% in 2023. Horizon Databook has segmented the Germany 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 dominance of major beer brands, such as Radeberger Gruppe, AB InBev, Krombacher, BITBURGER BRAUGRUPPE GMBH, and OETTINGER, in the German market generates a significant demand for packaging their products in cans.
The key players in the beverage cans market are adopting diverse strategies, including product launches, mergers & acquisitions, joint ventures, and geographic expansion, to enhance their market presence and stimulate market growth.
For instance, in August 2023, Crown Holdings, Inc. expanded its footprint in the German beverage cans market with the acquisition of Helvetia Packaging AG, a beverage can and end manufacturing company in Saarlouis, Germany.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into Germany beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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