U.S. Beverage Cans Market Size & Outlook, 2023-2030
U.S. beverage cans market, 2018-2030 (US$M)
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U.S. beverage cans market highlights
- The U.S. beverage cans market generated a revenue of USD 12,095.6 million in 2023 and is expected to reach USD 16,294.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.3% 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 12,095.6 million |
| Market revenue in 2030 | USD 16,294.2 million |
| Growth rate | 4.3% (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, U.S. accounted for 30.9% 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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U.S. 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 39.95% in 2023. Horizon Databook has segmented the U.S. 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 U.S. is the biggest market for metal beverage cans with the highest per capita can consumption in the world. The demand is influenced by the high consumption of soft drinks and beer, which are increasingly made available in metal cans.
The U.S. beverage cans market is characterized by the high consumption of beverages, such as cold coffee, fruit juices, frappes, iced teas, and flavored sodas, by the U.S. population. The U.S. market has witnessed continuous product innovations for metal beverage cans with major companies, such as BALL CORPORATION, Crown Holdings, Inc., and Envases Group, operating their manufacturing plants and distribution centers in the country.
Manufacturers with headquarters in other countries, such as Ardagh Group S.A., Orora Packaging Australia Pty. Ltd., and CANPACK, are expanding their production capacities in the U.S., owing to the increasing demand for sustainable packaging solutions in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. beverage cans market , including forecasts for subscribers. This country databook contains high-level insights into U.S. beverage cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. beverage cans market size, by product, 2018-2030 (US$M)
U.S. Beverage Cans Market Outlook Share, 2023 & 2030 (US$M)
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