UK Beverage Cans Market Size & Outlook, 2023-2030
UK beverage cans market, 2018-2030 (US$M)
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UK beverage cans market highlights
- The UK beverage cans market generated a revenue of USD 1,550.6 million in 2023 and is expected to reach USD 1,884.1 million by 2030.
- The UK market is expected to grow at a CAGR of 2.8% 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 1,550.6 million |
| Market revenue in 2030 | USD 1,884.1 million |
| Growth rate | 2.8% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 4.0% 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 Europe, UK beverage cans market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 972.2 million by 2030.
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Beverage Cans Market Scope
Beverage Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 38.55% in 2023. Horizon Databook has segmented the UK 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 changing preference of consumers toward energy and sports drinks owing to concerns regarding health is expected to drive the growth of the market over the forecast period. The market is also expected to be driven by increasing demand for beverages at cricket and football events such as Barclays Premier League and Ashes.
Soft drinks exhibited low growth in comparison to alcoholic and functional beverages owing to the increasing demand for alcoholic beverages by the younger population in the country. In February 2024, The London Essence Co, a London-based beverage manufacturer, introduced a brand refresh, which includes redesigning of its packaging and the introduction of slim cans for its products.
The new look will be applied across the brand's full range of products, including bottles, existing 150ml cans, and the new 250ml slim cans. Therefore, this move by The London Essence Co. is anticipated to influence other beverage companies in the UK to innovate and update their packaging to stay competitive.
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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 country-level data and insights on the UK beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into UK beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK beverage cans market size, by product, 2018-2030 (US$M)
UK Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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