Mexico Beverage Cans Market Size & Outlook, 2023-2030
Mexico beverage cans market, 2018-2030 (US$M)
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Mexico beverage cans market highlights
- The Mexico beverage cans market generated a revenue of USD 1,541.8 million in 2023 and is expected to reach USD 2,217.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.3% 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 1,541.8 million |
| Market revenue in 2030 | USD 2,217.9 million |
| Growth rate | 5.3% (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, Mexico accounted for 3.9% 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 North America, U.S. beverage cans market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,217.9 million by 2030.
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Beverage Cans Market Scope
Beverage Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 38.75% in 2023. Horizon Databook has segmented the Mexico 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.
Crown Holdings, Inc., a key global manufacturer of beverage cans, has a significant presence in the Mexican beverage cans market. In 2023, its facilities in Mexico collectively produced approximately 6.85 billion beverage cans, and the Cierres Monterrey facility produced approximately 6.70 billion can ends and 400 million ROPP closures.
Therefore, Crown Holdings' strong presence and production capabilities in the Mexican beverage cans market are anticipated to positively influence the beverage cans market by ensuring a reliable supply, fostering innovation, promoting competition, and contributing to economic growth and employment opportunities in the country.
In addition, in March 2024, Crown Holdings' beverage can production facilities in Mexico obtained the ASI Chain of Custody Standard certification. This certification, specifically the ASI CoC Standard V2, verifies the ethical practices in the production of beverage cans, can ends, and ROPP closures at the facilities of Crown Holdings in Mexico.
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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 Mexico beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into Mexico beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico - north america beverage cans market size, by product, 2018-2030 (US$M)
Mexico Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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