Beverages Can Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[175+ Pages Report] According to the report published by Facts Factors, the global beverages can market size was worth around USD 49.50 billion in 2019 and is predicted to grow to around USD 55.80 billion by 2026 with a compound annual growth rate (CAGR) of roughly 5.5% between 2020 and 2026. The report analyzes the global beverages can market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the beverages can market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Beverage Can industry. The report analyzes and declares the historical and current trends analysis of the Beverage Can industry and subsequently recommends the projected trends anticipated to be observed in the Beverage Can market during the upcoming years.

The beverage can market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Beverage Can market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of volume (Billion Units) and value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Beverage Can industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Key Insights from Primary Research

• As per the finding through primary interviews with industry experts, the North America beverage industry shows significant growth due to modern lifestyle, rising demand for canned beverages, growing consumer preference for premium beverages
• Consumer choices and demand are changing continuously
• Sports drinks and energy drinks are anticipated to exhibit significant opportunities for beverage cans in the coming years  
• Innovative designs and production technologies are employed by beverage can developers
• Increasing social acceptance of alcoholic beverages, urbanization, and recycled aluminum cans are the key industry trends

Key Recommendations from Analysts

• Our research analyst suggests rising demand for long shelf-life organic beverages may drive the market demand during the forecast period
• Promotion of metal packaging by regulatory bodies such as Metal Packaging Europe Association and national governments of Germany, France, and the UK are supporting the market growth in the region
• Beverage cans in the U.S. are mainly used for premium beverages such as ready to drink coffee, energy drinks, and carbonated water        
• The performance of the beverage can market is directly proportional to the performance of the beverage industry
• The global beer market is growing significantly with the rising demand in the Asia Pacific region. This, in turn, is expected to offer market growth opportunities

Market Snapshot

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Beverage Can industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Beverage Can market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Beverage Can industry. The Beverage Can market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Beverage Can sector. Key strategic developments in the Beverage Can market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Beverage Can market are appropriately highlighted in the report.

Report Scope

The beverage can market in the emerging countries of the Asia Pacific region such as China, India, and Japan is growing significantly. Growing consumption of fruit juice and energy drinks among children is driving the market demand in emerging economies. Increasing social acceptance of alcoholic beverages, urbanization, increasing disposable income and various promotional programs undertaken by the manufacturer is anticipated to boost the growth of the beverage can market in India.

The growing number of health-conscious consumers in Japan prefer ready to drink coffee and tea for daily consumption. The increasing population of young workers and women is driving the growth of the soft drink market in Japan. This, in turn, is expected to boost the growth of the beverage can market in Japan during the forecast period.

Some of the essential players operating in the beverage can market, but not restricted to include

•  Schott Glaswerke AG
•  Edmund Optics
•  Ohara Corporation
•  Hoya Corporation
•  CORNING
•  CDGM Glass Company
•  Nikon Corporation

The taxonomy of the Beverage Can industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Aluminium
• Steel

By Application Segmentation Analysis

• Non-alcoholic beverages

• Alcoholic beverages

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa