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Market Size (latest)

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— vs. prior year

CAGR

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Forecast window: —

Forecast Period

2024–2031

Base years: 2019–2023

Coverage Depth

—

Segments • Regions • Players

Insights

Consultative narrative + actionable decision support.

The global beverage cans market was valued at USD 25.8 billion in 2023 and is projected to reach USD 38.4 billion by 2031, growing at a CAGR of 5.1%. Sustainability trends, the expansion of craft beverages, and aluminum's superior recyclability drive this growth. Aluminum cans dominate the market, holding a 75% share, while steel cans maintain niche applications in specific regions.

2024 Market Breakthroughs

Sustainable Material Innovations

Ball Corporation's Infinity Can uses 90% recycled aluminum
Novel liner coatings eliminate BPA completely (FDA approved Q2 2024)
Crown Holdings achieves zero-waste production at 12 facilities

Smart Packaging Integration

NFC-enabled cans (20% growth YoY) for consumer engagement
Augmented reality labels debut from Heineken and Coca-Cola
Temperature-sensitive ink technology for cold beverage indication

Production Advancements

Lightweighting reaches 0.228mm average thickness (33% reduction since 2000)
Filling line speeds exceed 3,000 cans per minute
Digital twin technology reduces changeover time by 40%

Market Drivers

Sustainability Imperative

Aluminum recycling rate reaches 92% in developed markets.
Carbon footprint 50% lower than plastic bottles
Carbon footprint is 50% lower than that of plastic bottles.

Craft Beverage Boom

40% growth in craft beer/seltzer canning since 2022
Small-run digital printing enables microbrewery customization
12 oz slim cans dominate hard seltzer segment (65% share)

Regulatory Support

EU Single-Use Plastics Directive boosts can demand
California's AB 2787 mandates 50% recycled content by 2030
India's aluminum recycling infrastructure grows 25% annually

Competitive Landscape

Company	Market Share	Flagship Innovation	Strategic Advantage
Ball Corporation	28%	Infinity Recycled Can	Closed-loop recycling network
Crown Holdings	25%	Smart Can Platform	Digital printing leadership
Ardagh Group	20%	Eco-Design Slim Can	Lightweighting expertise

Emerging Disruptors:

Canovation: Self-chilling can technology (patent pending)
Paboco: Paper-based hybrid cans (Pilot with Carlsberg)
Pulpex: Molded fiber bottle alternative (Diageo partnership)

Market Segmentation

By Material:
- Aluminum (75%)
- Steel (25%)
By Beverage Type:
- Carbonated Soft Drinks (XX%)
- Alcoholic Beverages (XX%)
- Energy Drinks (XX%)
- Others (18%)
By Region:
- North America (XX%)
- Europe (XX%)
- Asia-Pacific (XX%)
- RoW (7%)

Recent Developments (2024)

April: PepsiCo transitions 100% of US products to recycled aluminum
June: AB InBev launches NFC-enabled cans for World Cup campaign
August: Novelis opens $300M aluminum recycling megaplant in Alabama

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Key Players

Beverage Cans Market – Ball Corporation
Crown Holdings
Ardagh Group
Can-Pack
Silgan Holdings
Toyo Seikan Group
CPMC Holdings
ORG Packaging
Sonoco Products
Hindustan Tin Works.

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Global Beverage Cans Market Report

1. Global Beverage Cans Market Research Report
1. 1.1 Study Objectives
2. 1.2 Global Beverage Cans Market - Overview
3. 1.3 Reason to Read This Report
4. 1.4 Methodology and Forecast Analysis
2. Global Beverage Cans Market Research Report - Preface
1. 2.1 Global Beverage Cans Market Research Report – Detailed Scope and Definitions
  1. 2.1.1 By Material
  2. 2.1.2 By Beverage Type
  3. 2.1.3 By End-user
  4. 2.1.4 By Region
3. Global Beverage Cans Market Dynamics
1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
2. 3.2. Restraints – By Material, By Beverage Type, By End-user, By Country
3. 3.3. Opportunities – By Material, By Beverage Type, By End-user, By Country
4. 3.4. Trends – By Material, By Beverage Type, By End-user, By Country
5. 3.5. PEST Analysis
6. 3.6. Porters Five Rule Analysis
7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
8. 3.8. Global Beverage Cans Market Research Report – DROTs Impact Analysis
4. Global Beverage Cans Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. Global Beverage Cans Market, By Material, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 5.1 Aluminum
  1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 5.2 Steel
  1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. Global Beverage Cans Market, By Beverage Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 6.1 Soft Drinks
  1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 6.2 Beer
  1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 6.3 Energy Drinks
  1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 6.4 Juices
  1. 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. 6.5 Others
  1. 6.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 6.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 6.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 6.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
7. Global Beverage Cans Market, By End-user, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 7.1 Food & Beverage Companies
  1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 7.2 Retailers
  1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 7.3 Consumers.
  1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
8. Global Beverage Cans Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
1. 8.1 North America
  1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
2. 8.2 Europe
  1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
3. 8.3 Asia-Pacific
  1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
4. 8.4 Latin America
  1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
5. 8.5 Middle East & Africa
  1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
  2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
  3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
  4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
6. 8.6 Global Beverage Cans Market - Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Region, 2024 - 2031
9. North America Beverage Cans Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 9.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.1.1 Aluminum
  2. 9.1.2 Steel
  9.2 By Beverage Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.2.1 Soft Drinks
  2. 9.2.2 Beer
  3. 9.2.3 Energy Drinks
  4. 9.2.4 Juices
  5. 9.2.5 Others
  9.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.3.1 Food & Beverage Companies
  2. 9.3.2 Retailers
  3. 9.3.3 Consumers.
  9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 9.4.1 United States
  2. 9.4.2 Canada
  9.5 North America Global Beverage Cans Market – Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Country, 2024 - 2031
  9.6 Regional Trends Analysis
  9.7 North America Global Beverage Cans Market Research Report - Company Profiles
  1. 9.7.1 Company 1 (United States)
  2. 9.7.2 Company 2 (Canada)
  3. 9.7.3 Company 3 (Canada)
10. Europe Beverage Cans Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 10.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.1.1 Aluminum
  2. 10.1.2 Steel
  10.2 By Beverage Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.2.1 Soft Drinks
  2. 10.2.2 Beer
  3. 10.2.3 Energy Drinks
  4. 10.2.4 Juices
  5. 10.2.5 Others
  10.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.3.1 Food & Beverage Companies
  2. 10.3.2 Retailers
  3. 10.3.3 Consumers.
  10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 10.4.1 Germany
  2. 10.4.2 United Kingdom
  3. 10.4.3 France
  4. 10.4.4 Spain
  5. 10.4.5 Italy
  6. 10.4.6 Russia
  7. 10.4.7 Netherlands
  8. 10.4.8 Poland
  9. 10.4.9 Rest of Europe
  10.5 Europe Global Beverage Cans Market – Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Country, 2024 - 2031
  10.6 Regional Trends Analysis
  10.7 Europe Global Beverage Cans Market Research Report - Company Profiles
  1. 10.7.1 Company 1 (Germany)
  2. 10.7.2 Company 2 (United Kingdom)
  3. 10.7.3 Company 3 (United Kingdom)
11. Asia-Pacific Beverage Cans Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 11.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.1.1 Aluminum
  2. 11.1.2 Steel
  11.2 By Beverage Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.2.1 Soft Drinks
  2. 11.2.2 Beer
  3. 11.2.3 Energy Drinks
  4. 11.2.4 Juices
  5. 11.2.5 Others
  11.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.3.1 Food & Beverage Companies
  2. 11.3.2 Retailers
  3. 11.3.3 Consumers.
  11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 11.4.1 China
  2. 11.4.2 Japan
  3. 11.4.3 India
  4. 11.4.4 South Korea
  5. 11.4.5 Australia & NZ
  6. 11.4.6 ASEAN
  7. 11.4.7 Rest of Asia-Pacific
  11.5 Asia-Pacific Global Beverage Cans Market – Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Country, 2024 - 2031
  11.6 Regional Trends Analysis
  11.7 Asia-Pacific Global Beverage Cans Market Research Report - Company Profiles
  1. 11.7.1 Company 1 (China)
  2. 11.7.2 Company 2 (Japan)
  3. 11.7.3 Company 3 (Japan)
12. Latin America Beverage Cans Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 12.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.1.1 Aluminum
  2. 12.1.2 Steel
  12.2 By Beverage Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.2.1 Soft Drinks
  2. 12.2.2 Beer
  3. 12.2.3 Energy Drinks
  4. 12.2.4 Juices
  5. 12.2.5 Others
  12.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.3.1 Food & Beverage Companies
  2. 12.3.2 Retailers
  3. 12.3.3 Consumers.
  12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 12.4.1 Brazil
  2. 12.4.2 Mexico
  3. 12.4.3 Argentina
  4. 12.4.4 Peru
  5. 12.4.5 Colombia
  6. 12.4.6 Rest of Latin America
  12.5 Latin America Global Beverage Cans Market – Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Country, 2024 - 2031
  12.6 Regional Trends Analysis
  12.7 Latin America Global Beverage Cans Market Research Report - Company Profiles
  1. 12.7.1 Company 1 (Brazil)
  2. 12.7.2 Company 2 (Mexico)
  3. 12.7.3 Company 3 (Mexico)
13. Middle East & Africa Beverage Cans Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
1. 13.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 13.1.1 Aluminum
  2. 13.1.2 Steel
  13.2 By Beverage Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 13.2.1 Soft Drinks
  2. 13.2.2 Beer
  3. 13.2.3 Energy Drinks
  4. 13.2.4 Juices
  5. 13.2.5 Others
  13.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 13.3.1 Food & Beverage Companies
  2. 13.3.2 Retailers
  3. 13.3.3 Consumers.
  13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
  1. 13.4.1 Saudi Arabia
  2. 13.4.2 UAE
  3. 13.4.3 South Africa
  4. 13.4.4 Egypt
  5. 13.4.5 Israel
  6. 13.4.6 Rest of Middle East and Africa
  13.5 Middle East & Africa Global Beverage Cans Market – Opportunity Analysis Index, By Material, By Beverage Type, By End-user, and Country, 2024 - 2031
  13.6 Regional Trends Analysis
  13.7 Middle East & Africa Global Beverage Cans Market Research Report - Company Profiles
  1. 13.7.1 Company 1 (Saudi Arabia)
  2. 13.7.2 Company 2 (UAE)
  3. 13.7.3 Company 3 (UAE)
14. Competition Landscape
1. 14.1 Strategic Dashboard of Top Market Players
  14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
  1. 14.2.1 Beverage Cans Market – Ball Corporation
  2. 14.2.2 Crown Holdings
  3. 14.2.3 Ardagh Group
  4. 14.2.4 Can-Pack
  5. 14.2.5 Silgan Holdings
  6. 14.2.6 Toyo Seikan Group
  7. 14.2.7 CPMC Holdings
  8. 14.2.8 ORG Packaging
  9. 14.2.9 Sonoco Products
  10. 14.2.10 Hindustan Tin Works.
15. Data Collection Method and Research Approach
16. Principal Presumptions and Acronyms

Methodology & Credibility

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Triangulated Sizing

Bottom-up, top-down, and peer benchmarks reconciled by analysts.

Primary + Secondary Research

Executive interviews combined with validated public and paid sources.

Scenario & Sensitivity

Base, bull and bear cases to stress-test strategic moves.

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Global Beverage Cans Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis 2024 - 2031

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Segmentation Explorer

Table Of Contents

Global Beverage Cans Market Report

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