Beverage Cans
Market, Supplier, Risk and
Competitive Intelligence

Industry Outlook & Drivers

Global Market Outlook on Beverage Cans

• Global beverage can market is expected to grow at 3-4 percent CAGR during till 2024, to reach 500 billion units driven by the increasing consumption of CSD and beer in the developing markets like China, Middle East, India, etc.; the slow down in the consumption of CSD in the NA and EU would be compensated by the increased consumption in the emerging markets
• Specialty cans (slim) are expected to experience the highest growth of about 8-10 percent CAGR over the next five years owing to increasing penetration in energy drinks, premium water, juices, RTD beverages, etc.
• Asia, the key growth region of the beverage cans market (119 billion units, 30 percent) is expected to grow at 5-6 percent CAGR, to 171 billion units in 2024
• Globally, the supply base is consolidated with the top three suppliers holding about 60 percent of the beverage can market share.
• The emerging metal can markets is spread across Middle East, India, China, LATAM.
• The top global beverage cans suppliers as of 2018 are Ball Corporation 31%, Crown Holdings-18%, Ardagh Group-9%, Can-Pack-4%
• The cost breakup of the aluminum cans market include raw material cost 38-40%, conversion cost 35-40%, fixed & overhead cost 8-10%, printing cost 5-10%, and labor cost 1-2%.

Regional Demand Overview

The maturing consumption of beer and CSD in developed markets and increasing consumption in the emerging markets have led to the expansion of manufacturing facilities in countries such as Myanmar, Thailand, UAE, Cambodia, India, etc.

Beverage Can Market Analysis - Metal Beverage Cans

• The global beverage can market is expected to grow at the rate of ~3-4 percent CAGR till 2024, driven by demand in beer and CSD end-use segments especially in the emerging regions

• Increased penetration of metal cans into new segments, such as RTD beverages, water, wines, etc., would contribute to incremental demand

• Demand for beverage cans would be driven by the increased consumption in emerging markets of Asia and LATAM, which are expected to grow at CAGR 4–5 percent and 3–4 percent, respectively till 2024  –The downstream demand would be driven by CSD (2–3 percent), beer (5–6 percent), and energy drinks (9–10 percent)

• NA has the largest market share of about 35 percent in the beverage cans market with a high per capita consumption of about 315 cans per year and 2–3 percent CAGR – Demand would be influenced by increased consumption in new end-use segments, such as RTD beverages, water, energy drinks, etc.

• Globally, more than 90 percent of the beverage cans are made out of aluminum and only 10 percent is made from steel, which would contribute to value growth in the beverage can market

Global Beverage Cans Analysis

 Global Beverage Can Demand by Application

A decline is seen in the CSD segment, which has a CAGR of -1 to 0 percent in the developed regions of NA and EU, which would affect the beverage can demand. However, this slow down is balanced by the growth in consumption of new end-use segments such as RTD beverages, water, FAB's, etc

Downstream Demand Outlook

Globally, beer and CSD categories account for the majority of consumers of beverage cans and they are slowly gaining from the glass market. The demand for other specialty cans is also growing. The industries and types of beverages that are using beverage cans are increasing. The development of retail as well as consumption patterns drive the growth rates of the beverage can market. This report details the important figures of global beverage can demand and penetration levels categorized by application.

Global Beverage Can Demand by Region

The demand for beverage cans is expected to grow in line with the changing lifestyle patterns and consumer preferences regionally. This report explores the global beverage can demand by region, the demand growth, and beverage cans per capita consumption.

Global Trade Dynamics

Beverage cans are sourced locally in some regions and exported or imported in others. The global trade dynamics and the value of imports and exports of each region are detailed in this report. 

Global Imports 

Global imports have risen and some countries rely more heavily on imports than others. This report gives details of the countries that import beverage cans in significant quantities along with the breakup of the countries that they are imported from. 

Global Exports

Global exports have also risen and this report details the beverage can export by each country. 

Regional Market Snapshot

The regional market information section has vital information on the regional beverage can markets. The market share, estimated market supply, growth rate as well as the market maturity details give a snapshot of the regional beverage can markets. It also gives detailed supply-demand trends and outlook for each region. The trade dynamics of each region is also described with details of the export and import share by country. 

Market Overview

The North America aluminium cans market has a highly consolidated supply base with top three suppliers having more than 85 percent of the market. Beer is the largest end-use segment having a growth of 2-3 percent CAGR (2018-2023). The industry drivers and constraints for the beverage can market includes Downstream Demand: Changing lifestyles of the consumers and the increasing preference for on the go food and drinks could increase the demand for beverage cans. Product Substitution: Increased use of plastics for CSD and its penetration into beer packaging could deter the demand for metal cans.

There is an increasing demand for specialty cans in both emerging and developed markets Increasing awareness about the sustainability of metal cans and successful “Can Collection Programs” have led to an increase in the recycling rates of cans.

Manufacturing Process –Beverage Can

The report explains the different processes that are followed in the manufacture of different types of beverage cans.

Value Chain Analysis –Beverage Cans

The value chain of a beverage can manufacturer has a different cost impact at each step in the chain. The balance of power also varies at each stage in the value chain and the report gives details of the same.

Global Market Size –Metal Beverage Cans

The global beverage can market size and the growth rate is detailed in this section. It also states the global market demand for beverage cans as well as the share of the aluminum beverage can market vs cans made of other materials. 

Industry Analysis

This section analyses the different aspects of the beverage can industry and gives valuable information as well as facts and figures pertaining to the different aspects of the industry. 

Industry Drivers and Constraints

The report gives a concise report of the main factors that are the drivers and constraints of the beverage can industry. It examines downstream sustainability and demand. It also explains the challenges posed by Supply Base Consolidation and other products that are being used to substitute beverage cans.

Market Trends And Innovations

The latest beverage cans trends in the market are detailed in this section. The constantly evolving applications and technology used in beverage manufacturing have led to many innovations in the industry. The report describes these innovations, their benefits as well as the companies that are credited for the new ideas. 

Why You Should Buy This Report

● Global and regional market overview, demand-supply analysis, Porter’s five force analysis and market trends in the alu

minum cans industry.
● Innovations and key beverage cans suppliers in the regional and global market and does a SWOT analysis.
● Cost break-up and cost model for aluminum cans market.