Market revenue in 2023 | USD 102.2 million |
Market revenue in 2030 | USD 131.5 million |
Growth rate | 3.7% (CAGR from 2023 to 2030) |
Largest segment | Carbonated soft drinks |
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.
Carbonated soft drinks was the largest segment with a revenue share of 45.99% in 2023. Horizon Databook has segmented the UAE 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.
Government initiatives to reduce the dependency on the oil & gas industry in the country are creating several opportunities for industries, such as food & beverages, to witness growth in the UAE. The overall consumer expenditure on buying premium food & beverage products is increasing in the country, owing to the rising customer spending power.
The demand for aluminum for the production of beverage cans is expected to witness a significant CAGR over the forecast period, as the country is taking efforts for moving toward sustainability, coupled with the availability of aluminum for the production of beverage cans.
The country stands as one of the major producers of aluminum globally, due to the presence of key aluminum companies, such as The Emirates Aluminum Company and Dubai Aluminum Company Limited.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into UAE beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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