Market revenue in 2023 | USD 2,058.0 million |
Market revenue in 2030 | USD 2,761.4 million |
Growth rate | 4.3% (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 |
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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 36.95% in 2023. Horizon Databook has segmented the Japan 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.
Environmental concerns and sustainability initiatives have played a crucial role in driving the beverage cans market in Japan. Aluminum cans are highly recyclable, and Japan has a well-established recycling infrastructure.
The country boasts one of the highest recycling rates for beverage cans globally, with recycling rates reaching over 90% in recent years. This commitment to sustainability has encouraged beverage companies to adopt aluminum cans as a more environmentally friendly packaging option, appealing to eco-conscious consumers.
Furthermore, in March 2024, Toyo Seikan Co., Ltd., a leading company in the manufacturing of metal cans, PET bottles, and food & beverage paper containers, developed and started mass production of the lightest aluminum beverage can in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into Japan beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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