India Aluminum Beverage Can Market To Reach $767.1 Million By 2030

India Aluminum Beverage Can Market Growth & Trends

The India aluminum beverage can market size is expected to reach USD 767.1 million by 2030, registering a CAGR of 10.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing demand and consumption of energy and sports drinks is one of the key factors driving market growth.

Aluminum beverage cans are containers used to hold alcoholic beverages, soft drinks, and energy drinks among others. Aluminum sheet coil is the key raw material used in the manufacturing of aluminum beverage cans and it is one of the finest value-added downstream products in the entire aluminum value chain. Therefore, prices of aluminum sheet coil depend on Aluminum London Metal Exchange (LME) prices as well as premiums (above LME) charged, which includes conversion cost and profit margins at each stage of the value chain.

Alcoholic beverages dominated the market, accounting for the largest revenue share of 56.9% in 2024. This growth is attributed to the increasing disposable income among consumers has led to a rising demand for premium and craft alcoholic drinks, particularly among younger demographics who view alcohol consumption as part of socializing. One of the major factors driving the segment in the last decade has been increasing sale of beer (in aluminum beverage cans) through off-premise retail channels such as grocery, mass merchandisers, and convenience stores. These stores have been featuring more canned beer offerings than those offered by bars and restaurants (on-premise retailing). Despite the presence of a large consumer base, the Indian beer industry has been witnessing lower levels of beer consumption, which can be attributed to restrictions on the supply of beer (alcohol) in certain states of the country.

Heavy influx of international and domestic tourists in Goa and Maharashtra has created a massive potential for craft beer market in western India. This is backed by increasing popularity of craft beer owing to its unique taste and inclusion of healthy ingredients. Aggressive expansion of major beer brands has offered an opportunity for aluminum beverage can manufacturers to increase their scale of operation in the western part of India. However, the alcoholic beverages segment is restrained by increasing restrictions on the sale and consumption of alcohol in this region.

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India Aluminum Beverage Can Market Report Highlights

• Alcoholic beverages dominated the market, accounting for the largest revenue share of 56.9% in 2024.

• Carbonated soft drinks are expected to grow at a CAGR of 10.8% over the forecast period, owing to the rising health consciousness among consumers, prompting a shift towards low-calorie and healthier beverage options, driving demand for soft drinks packaged in aluminum cans.

• The aluminum beverage can market in West India dominated the Indian market and accounted for the largest revenue share of 32.3% in 2024, attributed to the region’s strong presence of key beverage companies, such as United Breweries and Carlsberg, which have established filling facilities in Maharashtra, particularly in Aurangabad.

• The aluminum beverage market in South India is expected to grow significantly over the forecast period, driven by a robust manufacturing sector, particularly in cities such as Bengaluru and Chennai, which enhances demand for aluminum cans.

India Aluminum Beverage Can Market Segmentation

Grand View Research has segmented India aluminum beverage can market report based on application, and region:

India Aluminum Beverage Can Application Outlook (Volume, Million Cans, Revenue, USD Million, 2018 - 2030)

• Carbonated Soft Drinks (CSDs)

• Alcoholic Beverages

• Others

India Aluminum Beverage Can Regional Outlook (Volume, Million Cans, Revenue, USD Million, 2018 - 2030)

• West India

• North and Central India

• South India

• East India

List of Key Players of India Aluminum Beverage Can Market

• Akshar Products

• Hindustan Tin Works Ltd (HTW)

• Can Pack India Private Limited

• Rexam HTW Beverage Can (India) Ltd

• Metcan Packs Ltd

• Bikaner Polymers Pvt Ltd

• Aniruddha Pack World

• Casablanca Industries Pvt Ltd

• Shiba Containers Pvt Ltd

• Suparna Exports Pvt Ltd