Global Beverage Cans Market Size, Trends & Growth Opportunity, By Material Type (Aluminum, Steel, PET), By Structure (2-Piece Cans, 3- Piece Cans), By Beverage Type (Alcoholic Beverages, Non- Alcoholic Beverage, Water) By Region and Forecast till 2027
Report ID : QR1001319 | Industries : Consumer Goods | Published On :January 2022 | Page Count : 256
Global Beverage Cans Market
The global Beverage Cans market was valued at USD 23700 million in 2020 which expected to reach USD 31200 million by 2027 at a CAGR 5.6% from 2020-2027.
A drink can (also known as a beverage can) is a metal container that holds a fixed amount of liquid, such as carbonated soft drinks, alcoholic beverages, fruit juices, teas, herbal teas, energy drinks, and so on. The majority of beverage cans on the global market are made of aluminium. This is due to the fact that aluminium is a durable and environmentally friendly metal. Aluminum is also a budget-friendly option. The metal can be easily recycled while maintaining its quality and quantity. These are some of the reasons why it's so popular in the beverage can industry.
Market Drivers
Energy and sports drinks are becoming more popular.
Energy drinks are widely marketed as products that boost energy while also improving mental alertness and physical performance. Energy drinks are the most popular dietary supplement consumed by American teenagers and young adults, second only to multivitamins. Semantics could be one of the reasons. Many people confuse sports drinks with energy drinks, but they are not the same thing. The former is formulated specifically for enhanced performance during activity, whereas the latter is designed to provide the consumer with a burst of energy. However, semantics alone will not explain why energy drinks are expected to outsell coffee over the next decade.
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Market Restraints
Can markets in developed countries are saturated.
The sale of packaged goods at the retail level is directly related to the demand for cans. Beverage cans used for carbonated drinks such as alcohol and soft drinks are seeing sluggish sales as consumers become more aware of the health benefits. Furthermore, in the last five years, the slow growth in demand for other beverage products has hampered the growth of beverage packaging. However, canned beverage consumption is high in developed regions such as North America and Europe. In the region, the can market is saturated, with little room for expansion.
Impact of COVID-19
COVID-19 had a significant impact on the global food supply chain, including North America, Europe, Asia-Pacific, South America, and the rest of the world. The spread of COVID-19 has resulted in an increase in the number of deaths and long-term health consequences. COVID-19 is a new and dangerous virus for people living in the postmodern world. It has the potential to make some people extremely ill and has resulted in a number of deaths. That is why everybody on the planet has tried to avoid it as much as possible. Governments all over the world attempted to limit contact as much as possible by instituting quarantines and lockdowns. Because of their relative ineffectiveness, these may have been also temporary.
Market Segmentation
The Global Beverage Cans Market is segmented into Material Type, Structure, Beverage Type and Growing System. By Material Type such as Aluminum, Steel, PET. Further, market is segmented into By Structure such as 2-Piece Cans, 3- Piece Cans. By Beverage Type such as Alcoholic Beverages, Non- Alcoholic Beverage, Water.
Regional Analysis
Global Beverage Cans Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa North America dominated the global market, owing to high product consumption in the United States and Mexico. Consumers' high product adoption, increased per capita consumption of carbonated beverages, and regional awareness of sustainability are expected to emerge as the major factors driving the market.
Furthermore, plastic packaging regulations in countries such as the United States and Canada are likely to stymie the region's growth of plastic packaging.
Key Players
Various key players are listed in this report such as Crown Holdings Inc, Ardagh Group S.A, CPMC Holdings Limited, Toyo Seikan Group Holdings Ltd, Can-One Berhad, Can-Pack S.A, Ball Corporation, Envases Universales, Universal Can Corporation, and Interpack Group Inc
Market Taxonomy
By Material Type
- Aluminum
- Steel
- PET
By Structure
- 2-Piece Cans
- 3- Piece Cans
By Beverage Type
- Alcoholic Beverages
- Non- Alcoholic Beverages
- Water
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Beverage Cans Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Beverage Cans Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Beverage Cans Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Beverage Cans Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Beverage Cans Market Share Analysis, By Material Type
5.3 Global Beverage Cans Market Size and Forecast, By Material Type
5.3.1 Aluminum
5.3.2 Steel
5.3.3 PET
6 Global Beverage Cans Market, By Structure
6.1 Y-o-Y Growth Comparison, By Structure
6.2 Global Beverage Cans Market Share Analysis, By Structure
6.3 Global Beverage Cans Market Size and Forecast, By Structure
6.3.1 2-Piece Cans
6.3.2 3- Piece Cans
7 Global Beverage Cans Market, By Beverage Type
7.1 Y-o-Y Growth Comparison, By Beverage Type
7.2 Global Beverage Cans Market Share Analysis, By Beverage Type
7.3 Global Beverage Cans Market Size and Forecast, By Beverage Type
7.3.1 Alcoholic Beverages
7.3.2. Non- Alcoholic Beverage
7.3.4. Water
8 Global Beverage Cans Market, By Region
8.1 Global Beverage Cans Market Share Analysis, By Region
8.2 Global Beverage Cans Market Share Analysis, By Region
8.3 Global Beverage Cans Market Size and Forecast, By Region
9 North America Beverage Cans Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Beverage Cans Market Share Analysis, By Material Type
9.3 North America Beverage Cans Market Size and Forecast, By Structure
9.4 North America Beverage Cans Market Size and Forecast, By Beverage Type
9.6 North America Beverage Cans Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Beverage Cans Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Beverage Cans Market Share Analysis, By Material Type
10.3 Europe Beverage Cans Market Size and Forecast, By Structure
10.4 Europe Beverage Cans Market Size and Forecast, By Beverage Type
10.6 Europe Beverage Cans Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Beverage Cans Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Beverage Cans Market Share Analysis, By Material Type
11.3 Asia Pacific Beverage Cans Market Size and Forecast, By Structure
11.4 Asia Pacific Beverage Cans Market Size and Forecast, By Beverage Type
11.6 Asia Pacific Beverage Cans Market Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Beverage Cans Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Beverage Cans Market Share Analysis, By Material Type
12.3 Latin America Beverage Cans Market Size and Forecast, By Structure
12.4 Latin America Beverage Cans Market Size and Forecast, By Beverage Type
12.6 Latin America Beverage Cans Market Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Beverage Cans Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Beverage Cans Market Share Analysis, By Material Type
13.3 Middle East Beverage Cans Market Size and Forecast, By Structure
13.4 Middle East Beverage Cans Market Size and Forecast, By Beverage Type
13.6 Middle East Beverage Cans Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Crown Holdings Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Ardagh Group S.A
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. CPMC Holdings Limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Toyo Seikan Group Holdings Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Can-One Berhad
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Can-Pack S.A
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Ball Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Envases Universales
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.8 Universal Can Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Interpack Group Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies