Tuesday, 02 January 2024 12:17 GMT

Global Beverage Cans Market To Reach USD 72,787 Million By 2035, Growing At A CAGR Of 4.7%


(MENAFN- EIN Presswire) EINPresswire/ -- Due to increased consumption of ready-to-drink beverages, growing sustainability commitments, and the quick adoption of recyclable aluminium packaging, global beverage cans market was valued USD 46,007 million by 2025. The market is further projected to grow to USD 72,787 million by 2035, expanding at a CAGR of 4.7% during the forecast period.

Soft drinks, energy drinks and also alcoholic beverages, and even functional nutrition drinks are all undergoing brand strategy changes due to the trend toward lightweight, recyclable, and environmentally friendly beverage formats.

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Benefits of Beverage Cans:

➢ 100% Recyclable
➢ Chill more Quickly
➢ Convenient and Portable
➢ Large, printable surface area
➢ Range of sizes, shapes and also decoration options
➢ Most recycled beverage package in the world
➢ Complete barrier against light and oxygen
➢ Aluminum and steel are the most valuable of all major recycled materials

Innovations and Acquisitions of 2025:

🔹December 2025, Ball Corporation announced that it has entered into definitive agreements to acquire a majority stake in Benepack's beverage can manufacturing businesses in Europe consisting of its two production facilities in Belgium and Hungary. Benepack is a regional producer of aluminum beverage cans serving both international and local customers across Western and Eastern Europe.

🔹November 2025, Craft Beverage Warehouse, a digital printing expert for Fortune 500, mid-sized, and developing canned beverage companies, has been acquired by TricorBraun. According to reports, the acquisition will strengthen TricorBraun's position in the North American beverage packaging industry and increase its capacity for digital printing and beverage packaging.

Rising Demand for Sustainable Packaging Fuels Market Momentum

. Strong consumer preference for eco-friendly and recyclable packaging
. Growth in RTD beverages, including cocktails, coffees, teas, and plant-based drinks
. Expansion of craft beer, energy drink, and sparkling water categories
. Shift toward premium branding, supported by modern printing and custom can formats
. Increasing global beverage consumption across developing economies
. Growing retailer emphasis on lightweight, stackable, and tamper-resistant packaging

Major Beverage Can Manufacturing Companies Highlighted in the Report

🔸Ardagh Group
🔸Ball Corporation
🔸CAN-PACK
🔸CPMC Holdings
🔸Crown Holdings
🔸Orora
🔸Massilly Group
🔸Silgan Holdings
🔸Envases Group

Innovation in lightweight can bodies, digital printing, smart coatings, resealable lids, and customized formats catered to changing beverage categories is being accelerated by these players.

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Segment Analysis

By Type:

. Aluminum
. Steel

(Aluminum is expected to hold the major share in the target market growth due to sustainability, consumer preference, and strong recycling infrastructure)

By Application:

. Carbonated Soft Drinks
. Alcoholic Beverages
. Fruit & Vegetable Juices
. Others

(Carbonated Soft Drinks sector is anticipated to dominate the aimed market due to their mass-market reach, widespread distribution channels, and consistent consumer preference for canned fizzy beverages)

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Primary Advantages of Buying the Complete Report:

1. Accurate market size forecasts through 2032 by material, beverage type, format, and region
2. Deep comparative insights on aluminum vs. steel beverage cans
3. Detailed analysis of competitive strategies, innovations, and product portfolios
4. Demand mapping across beverages, breweries, packaging companies, and RTD startups
5. Evaluation of sustainability initiatives and their market implications
6. Country-level insights for major economies across North America, Europe, APAC, and MEA
7. Strategic recommendations for manufacturers, suppliers, and packaging distributors

Regional Analysis

◆ North America

North America holds a significant market share, supported by high aluminum recycling rates, strong demand for carbonated drinks, and rapid expansion of canned alcoholic beverages. The U.S. beverage industry is increasingly shifting to aluminum cans amid rising scrutiny on plastics.

◆ Europe

Europe remains a sustainability-driven market, with regulatory pressure to reduce single-use plastics fueling adoption of beverage cans. The region also benefits from well-established recycling infrastructure and strong craft beer culture.

◆ Asia-Pacific

Asia-Pacific is the fastest-growing region, fueled by booming beverage consumption in China, India, and Southeast Asia. The region is witnessing increased investment in can manufacturing plants and rapid urbanization-led beverage demand.

◆ Latin America

Growth in Latin America is driven by rising disposable incomes and expanding beverage consumption, particularly in Brazil, Mexico, and Argentina. Local breweries are increasingly shifting to aluminum cans for product quality and branding flexibility.

◆ Middle East & Africa

MEA markets show promising expansion supported by tourism recovery, growth in carbonated and functional beverages, and increasing beverage production capacity across GCC nations.

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A Realistic View

The beverage cans market is set to enter a transformative decade marked by sustainability-led innovation, premiumization, and robust growth in RTD and functional beverage categories. As brands push for reduced environmental impact and improved supply chain efficiency, aluminum cans are poised to become the definitive packaging choice across global beverage portfolios.

Future growth will be shaped by advances in recycling infrastructure, lightweight material technologies, and enhanced customization capabilities that align with premium consumer experiences. With consumption rising across emerging economies and rapid product innovation in beverage categories, the market is expected to see strong long-term momentum through 2032.

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