North America Beverage Cans Market Size & Outlook
North America beverage cans market, 2018-2030 (US$M)
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North America beverage cans market highlights
- The North America beverage cans market generated a revenue of USD 14,494.5 million in 2023.
- The market is expected to grow at a CAGR of 4.5% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 14,494.5 million |
| Market revenue in 2030 | USD 19,703.3 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Alcoholic beverages |
| 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, North America region accounted for 37.0% 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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North America 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 39.73% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the global beverage cans market, in terms of volume, on account of the high consumption of cans in the U.S. and Canada in 2023. The region accounted for a volume share of 35.7% in 2023 and is estimated to dominate the market in 2030 with a share of 35.2%.
High product adoption by consumers in the region, owing to high awareness about the recyclability and sustainability of cans, is expected to emerge as the major factor driving the market over the forecast period.
The high consumption of canned beverages during the Major League Baseball games and other sports events in the region, owing to their ease of portability, is expected to augment the market growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America beverage cans market , including forecasts for subscribers. This continent databook contains high-level insights into North America beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America beverage cans market size, by country, 2018-2030 (US$M)
North America Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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