Beer Cans Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Beer Cans Market Analysis
The Beer Cans Market will register a CAGR of 3.5% during the forecast period. Growing craft beer consumption across various regions and recreational and environmental benefits will drive the market's growth.
- The rapidly expanding beer can market primarily being driven by the shifting customer desire for a wide selection of beers with taste and flavor. Beer cans demand will also increase due to increased beer consumption in developing nations like China and India.
- Beer manufacturers worldwide are moving toward environmental and sustainable packaging solutions, owing to which beer packaging is moving toward aluminum and steel cans. The glass bottle packaging in beer is observing sluggish growth.
- Due to growing customer interest in living a healthy and sustainable lifestyle, nutritious beverages with natural fruit, herb, and vegetable flavors are becoming increasingly popular. It is driving growth in the beverage cans industry.
- Over the forecast period, there is expected to be an increase in demand for beer cans due to efforts to improve biomass combustion efficiency through new materials. Increased demand for processed goods and rising disposable income both favorably impact industrial development.
- Moreover, glass bottles are always cleaned and reused, whereas cans are thrown away and recycled. Beverage can costs are higher than in bottles which could limit market expansion.
- Customers were more health-conscious owing to COVID-19, increasing their healthy foods & beverages consumption, which increased sales of functional and energy drinks. It, in turn, aided overall market expansion. Customers were more health-conscious, increasing their consumption of healthy foods & beverages, which increased sales of functional and energy drinks cans.
Beer Cans Market Trends
This section covers the major market trends shaping the Beer Cans Market according to our research experts:
Aluminium is Expected to Hold the Largest Market Share
- The most recycled beverage containers worldwide are composed of aluminum. 70% of the metal in a typical aluminum can is recycled. These are stackable and lightweight, lowering the overall carbon emissions produced during transit. Additionally, they increase the effectiveness of logistical organizations' shipment and storage.
- Growing usage of eco-friendly can metals, since most cans are made of aluminum, the most cost-effective material to recycle, is the primary factor expected to drive market revenue growth. Almost all aluminum used in cans can be melted down and reused.
- Aluminum cans are used more frequently due to rising worldwide beverage consumption and demand for sustainable packaging options. Customers will find these cans aesthetically pleasing because they can be personalized with different colors, 3D prints, and embossing.
- Additionally, the beer cans market is expanding favorably due to the rising craft beer consumption across several locations. Craft beer produced by both small and large brewers is becoming more and more popular with consumers. Additionally, consumers are expressing their desire for products that match their lifestyles more and more clearly.
Asia-Pacific Account for Significant Market Growth
- Due to the region's shifting cultural patterns, increasing urbanization, rising population, and youth beer popularity, the Asia Pacific is expected to increase during the projection period.
- The region emerged as the primary supplier of processed aluminum and steel sheets for the rest of the world. Abundant raw materials availability, such as aluminum and steel, is distinguished by low-cost labor, high development rates, and well-established manufacturing bases contributing to the market's growth.
- Additionally, a sizable portion of the world's population resides in Asia-Pacific, contributing to significant beverage consumption. Further, the population's disposable income increased due to the quick industrialization of developing nations like China and India. It, in turn, is predicted to increase beverage demand, which would help the market grow.
- The region's beverage cans business is expanding due to the fast-paced lifestyle and increased demand for tinned and on-the-go foods. Using aluminum cans also grew as disposable income and the need for easily accessible and transportable food and beverages increased. It is because aluminum cans can sustain up to 90 pounds per sq inch of pressure and can easily maintain the carbonation pressure required to package soda.
Beer Cans Industry Overview
The beer cans market is moderately competitive owing to the presence of various international and domestic manufacturers. Some major players in the market are Crown Holdings, Inc. and Ball Corporation, among others.
- December 2022 - Crown Holdings, Inc. announced a collaboration with Aquarius, a refreshing beverage brand produced by Coca-Cola and its dedicated print and reprographics studio, on an intelligent and engaging promotional campaign in Spain. In contrast, Aquarius is available in standard 330ml aluminum cans. This sustainable packaging format advances a Circular Economy and helps to minimize the level of raw materials required to be sourced from the Earth via its infinite recyclability.
Beer Cans Market Leaders
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Crown Holdings, Inc.
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Ball Corporation
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Can-Pack S.A.
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Toyo Seikan Kaisha,Ltd
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Shenzhen Xin Yuheng Can Co., Ltd
*Disclaimer: Major Players sorted in no particular order
Beer Cans Market News
- October 2022 - Ball Corporation announced the portfolio expansion of its infinitely recyclable ball aluminum cup with the launch of two new, smaller sizes (9-ounce and 12-ounce cup sizes). The Ball Aluminum Cup available for food service customers is now composed of 90% recycled content, making it the cup with the highest recycled content rate of any beverage packaging in its category.
- September 2022 - Crown Holdings, Inc announced the company Research & Development (R&D) achieved a 4% global average reduction in our standard 12 oz. (330 ml) can weight, and lightweighting efforts add to metal's superior properties in terms of recyclability. The benefits are compounded as the material circulates through the process repeatedly. Weight reductions allow us to produce more cans with the same aluminum used previously for standard cans. It includes a positive impact on GHG emissions through energy savings. as part of the Twenty by 30 sustainability strategy to enhance sustainability and reduce greenhouse gas (GHG) emissions.
Beer Cans Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitutes
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Assessment of Impact of COVID-19 on the Global Beer Cans Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Growing Consumption of Craft Beer Across Various Regions
- 5.1.2 Recreational and Environmental Benefits
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5.2 Market Restraints
- 5.2.1 Changing Consumer Preferences
6. MARKET SEGMENTATION
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6.1 By Product Type
- 6.1.1 Aluminum Can
- 6.1.2 Steel/Tin Can
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6.2 By Geography
- 6.2.1 North America
- 6.2.1.1 United States
- 6.2.1.2 Canada
- 6.2.2 Europe
- 6.2.2.1 Germany
- 6.2.2.2 France
- 6.2.2.3 United Kingdom
- 6.2.2.4 Spain
- 6.2.2.5 Rest of Europe
- 6.2.3 Asia-Pacific
- 6.2.3.1 China
- 6.2.3.2 Japan
- 6.2.3.3 India
- 6.2.3.4 Australia
- 6.2.3.5 Rest of Asia-Pacific
- 6.2.4 Latin America
- 6.2.4.1 Brazil
- 6.2.4.2 Rest of Latin America
- 6.2.5 Middle-East & Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 Crown Holdings, Inc.
- 7.1.2 Ball Corporation
- 7.1.3 Can-Pack S.A.
- 7.1.4 Toyo Seikan Kaisha,Ltd
- 7.1.5 Shenzhen Xin Yuheng Can Co., Ltd
- 7.1.6 Daiwa Can Co.
- 7.1.7 Kaufman Container
- 7.1.8 ORG Technology Co., Ltd.
- 7.1.9 Orora Packaging Australia Pty Ltd
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBeer Cans Industry Segmentation
Packaging is essential in producing, transporting, and selling beverages. The advancement in the packaging material, filling techniques, and monitoring equipment have made canning an excellent option for high-quality packaging beers. They are mostly made using opaque aluminum to keep the liquid inside 100% safe from light, hermetically sealed, preventing oxygen from damaging the beer.
The Beer Cans Market is segmented by packaging types (aluminum can, steel/tin can) and geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa).
The market sizes and forecasts are in terms of value (USD million) for all the above segments.
| By Product Type | Aluminum Can | |
| Steel/Tin Can | ||
| By Geography | North America | United States |
| Canada | ||
| By Geography | Europe | Germany |
| France | ||
| United Kingdom | ||
| Spain | ||
| Rest of Europe | ||
| By Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| By Geography | Latin America | Brazil |
| Rest of Latin America | ||
| By Geography | Middle-East & Africa |
Beer Cans Market Research FAQs
What is the current Beer Cans Market size?
The Beer Cans Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Beer Cans Market?
Crown Holdings, Inc., Ball Corporation, Can-Pack S.A., Toyo Seikan Kaisha,Ltd and Shenzhen Xin Yuheng Can Co., Ltd are the major companies operating in the Beer Cans Market.
Which is the fastest growing region in Beer Cans Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Beer Cans Market?
In 2024, the North America accounts for the largest market share in Beer Cans Market.
What years does this Beer Cans Market cover?
The report covers the Beer Cans Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Beer Cans Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Beer Cans Industry Report
Statistics for the 2024 Beer Cans market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Beer Cans analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
