Market revenue in 2023 | USD 377.5 million |
Market revenue in 2030 | USD 522.6 million |
Growth rate | 4.8% (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 40.85% in 2023. Horizon Databook has segmented the South 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.
South Africa is one of the leading economies in the Middle East & Africa region and was the third-largest economy in Africa as of 2023. It is an emerging manufacturing hub with a high industrialization rate.
The country has a diversified economy with major industries including mining, automobile, machinery, chemical, fertilizer, food, and beverage. South Africa dominated the food & beverage industry in the African region and accounted for a majority share of the market in 2023.
The rising demand for convenience food owing to the increased household income is anticipated to have a positive impact on the demand for beverages in the country, which will benefit the sales of beverage cans.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into South Africa beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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