Middle East & Africa Beverage Cans Market Size & Outlook
Middle East & Africa beverage cans market, 2018-2030 (US$M)
Related Markets
MEA beverage cans market highlights
- The MEA beverage cans market generated a revenue of USD 1,787.4 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, carbonated soft drinks 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,787.4 million |
| Market revenue in 2030 | USD 2,445.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Carbonated soft drinks |
| Fastest growing segment | Fruits & Vegetable Juices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 4.6% of the global beverage cans market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,822.4 million by 2030.
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Beverage Cans Market Scope
Beverage Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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.
Carbonated soft drinks was the largest segment with a revenue share of 42.22% in 2023. Horizon Databook has segmented the Middle East & Africa 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 food & beverages sector in this region is emerging as a highly attractive market for investors, owing to the increasing disposable income of consumers in the Middle East and the presence of a large base of the middle-aged and young population.
The emergence of food & beverages as a potential industry for foreign investments is further supported by the easy availability of workforce and low production capacity of food in African economies. In Africa, prevalent food production patterns, changing lifestyles of the masses, and existing marketing practices have led to the rising consumption of processed food & beverage items.
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Target buyers of Middle East & Africa beverage cans market databook
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Our clientele includes a mix of beverage cans market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa beverage cans market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA beverage cans market size, by country, 2018-2030 (US$M)
Middle East & Africa Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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