India Beverage Cans Market Size & Outlook, 2023-2030
India beverage cans market, 2018-2030 (US$M)
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India beverage cans market highlights
- The India beverage cans market generated a revenue of USD 304.3 million in 2023 and is expected to reach USD 532.7 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% 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 304.3 million |
| Market revenue in 2030 | USD 532.7 million |
| Growth rate | 8.3% (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, India accounted for 0.8% 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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India 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 46.89% in 2023. Horizon Databook has segmented the India 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.
Increasing urbanization and rising disposable income levels in the country are expected to change consumer preferences toward ready-to-drink beverages and alcoholic products. Additionally, increasing foreign investments are likely to augment the growth of the food & beverage manufacturing industry.
The growing e-commerce and retail chain industry in the country is expected to increase the demand for beverage cans over the forecast period. The growth of the beverage cans market is also expected to be strengthened by various mergers and acquisitions by beverage manufacturers to increase their market share in the country.
With this acquisition, it gained the rights to sell brands in India, such as Millers, Miller High Life, Miller Ace, Blue Moon, Carling, Cobra, and a popular beer brand, Thunderbolt. The acquisition was part of the company’s plan to increase its market share in the rapidly growing beverage market of India.
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Our clientele includes a mix of beverage cans market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into India beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India beverage cans market size, by product, 2018-2030 (US$M)
India Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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