Market Segmentation
- Beverage Cans Material Outlook (Revenue, USD Billion; Volume, Billion Units, 2018 - 2030)
- Beverage Cans Application Outlook (Revenue, USD Billion; Volume, Billion Units, 2018 - 2030)
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Beverage Cans Regional Outlook (Revenue, USD Billion; Volume, Billion Units, 2018 - 2030)
- North America
- North America Beverage Cans Market, By Material
- North America Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- U.S.
- U.S. Beverage Cans Market, By Material
- U.S. Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Canada
- Canada Beverage Cans Market, By Material
- Canada Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Mexico
- Mexico Beverage Cans Market, By Material
- Mexico Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Europe
- Europe Beverage Cans Market, By Material
- Europe Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- UK
- UK Beverage Cans Market, By Material
- UK Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Germany
- Germany Beverage Cans Market, By Material
- Germany Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- France
- France Beverage Cans Market, By Material
- France Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Italy
- Italy Beverage Cans Market, By Material
- Italy Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Spain
- Spain Beverage Cans Market, By Material
- Spain Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Russia
- Russia Beverage Cans Market, By Material
- Russia Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Belarus
- Belarus Beverage Cans Market, By Material
- Belarus Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Bulgaria
- Bulgaria Beverage Cans Market, By Material
- Bulgaria Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Czech Republic
- Czech Republic Beverage Cans Market, By Material
- Czech Republic Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Poland
- Poland Beverage Cans Market, By Material
- Poland Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Hungary
- Hungary Beverage Cans Market, By Material
- Hungary Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Asia Pacific
- Asia Pacific Beverage Cans Market, By Material
- Asia Pacific Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- China
- China Beverage Cans Market, By Material
- China Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Japan
- Japan Beverage Cans Market, By Material
- Japan Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- India
- India Beverage Cans Market, By Material
- India Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Australia
- Australia Beverage Cans Market, By Material
- Australia Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- South Korea
- South Korea Beverage Cans Market, By Material
- South Korea Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Kazakhstan
- Kazakhstan Beverage Cans Market, By Material
- Kazakhstan Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Uzbekistan
- Uzbekistan Beverage Cans Market, By Material
- Uzbekistan Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Tajikistan
- Tajikistan Beverage Cans Market, By Material
- Tajikistan Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Central & South America
- Central & South America Beverage Cans Market, By Material
- Central & South America Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Brazil
- Brazil Beverage Cans Market, By Material
- Brazil Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Argentina
- Argentina Beverage Cans Market, By Material
- Argentina Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Peru
- Peru Beverage Cans Market, By Material
- Peru Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Chile
- Chile Beverage Cans Market, By Material
- Chile Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Colombia
- Colombia Beverage Cans Market, By Material
- Colombia Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Middle East & Africa
- Middle East & Africa Beverage Cans Market, By Material
- Middle East & Africa Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- South Africa
- South Africa Beverage Cans Market, By Material
- South Africa Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Ghana
- Ghana Beverage Cans Market, By Material
- Ghana Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Nigeria
- Nigeria Beverage Cans Market, By Material
- Nigeria Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Kenya
- Kenya Beverage Cans Market, By Material
- Kenya Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Mauritius
- Mauritius Beverage Cans Market, By Material
- Mauritius Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Egypt
- Egypt Beverage Cans Market, By Material
- Egypt Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Iran
- Iran Beverage Cans Market, By Material
- Iran Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Kuwait
- Kuwait Beverage Cans Market, By Material
- Kuwait Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Israel
- Israel Beverage Cans Market, By Material
- Israel Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- Saudi Arabia
- Saudi Arabia Beverage Cans Market, By Material
- Saudi Arabia Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
- UAE
- UAE Beverage Cans Market, By Material
- UAE Beverage Cans Market, By Application
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruit & Vegetable Juices
- Other Applications
Beverage Cans Market Dynamics
Drivers: High Recycling Rate Of Aluminum Cans To Benefit Market Growth
The worldwide market for beverage cans is poised for significant expansion, driven by the escalating recycling of these containers. The desire for maximum use of natural resources has fueled the need for metal recycling. This practice has received substantial backing from government bodies like the European Commission and the U.S. government, who have made the exchange of used cans mandatory. Moreover, the metal recycling sector is set to benefit from municipal recycling initiatives launched in countries like the U.S., Italy, Brazil, Indonesia, and the UK. Aluminum beverage cans hold the record for being the most recycled beverage containers globally, boasting a 69% recycling rate. However, the recycling rate of aluminum cans varies considerably across different regions. For example, in 2020, Brazil had a recycling rate of 97.4% for aluminum cans, the U.S. had 46.1%, and Europe averaged 76.1%. Nevertheless, the overall recycling rates of aluminum cans outstrip those of any other beverage packaging solution. The International Aluminum Institute states that the economic scrap value of aluminum and its infinite recyclability render the aluminum beverage can as the world’s most recycled container. These cans have a global recycling rate averaging 60%, but in some countries, the rate exceeds 90%.
Superior Physical Properties Of Metals Over Its Alternatives
Aluminum and steel’s high malleability makes them ideal for beverage can production. These metals can be easily shaped, embossed, and molded, unlike alternatives like plastic and glass. Their low-temperature coefficient allows for quick cooling of can contents, making them popular with beer manufacturers like Anheuser-Busch Inc., Heineken N.V., and The Molson Coors Beverage Company. Metal cans allow for easy printing and labeling. Multiple uniform coats can be applied to the metal surface, preventing interaction between the contents and the metal body. This has led to a majority of beverages being sold in metal cans. For example, in March 2021, Hungarian winery Font Pincészet collaborated with CANPACK to launch its FONT SECCO wines in design and matt finished cans. Companies in the market continuously innovate to enhance product design and appeal. Crown Holdings, for instance, offers an advanced can design called Crown Vent with a dual aperture for easy content flow. They also manufacture a can called 360 End, which can be completely removed, transforming the can into a virtual drinking glass. A study by ICF International found that aluminum cans emit fewer greenhouse gases during transportation and refrigeration than beverages in glass or plastic bottles. This, along with high-energy conservation and low-carbon emission, contributes to the growth of the market.
Restrains: Fluctuating Raw Material Prices Of Metals To Restrain Market Growth
The beverage can industry relies heavily on the supply of raw materials for its production. The quantity and cost of metals, particularly steel and aluminum, are crucial in the manufacturing process. Any price fluctuations in these metals directly impact the manufacturers in this sector. Aluminum, due to its sustainability and high recyclability, is in increasing demand in various industries including construction, electrical equipment, and energy. This has led to a surge in aluminum prices in recent years. Countries like the U.S., Canada, and Germany, which are striving to meet their greenhouse gas emission targets, are demanding large quantities of aluminum, further driving up its price. For example, in April 2021, Chinese aluminum imports rose by 36% due to economic recovery in several countries. The automotive industry is also utilizing aluminum to reduce vehicle weight and improve fuel efficiency, as aluminum is 65% lighter than steel. It’s also durable and recyclable, making it a popular choice for electric vehicles, which are seeing a significant increase in sales. As the shift towards a green economy accelerates, the demand for aluminum in the automotive industry is expected to rise further.
What Does This Report Include?
This section will provide insights into the contents included in this beverage cans market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Beverage cans market qualitative analysis
Beverage cans market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance