Aluminum beverage cans market is anticipated to grow at a CAGR of 4.9% during the forecast period. The primary factor propelling the growth of the market includes the rising demand for environment-friendly packaging. Aluminum is an abundant mineral that is 100% recyclable and sustainable, thus widely being adopted as an eco-friendly option. As a result of which, the major players serving the market are also expanding their production capacity of aluminum by establishing a manufacturing plant to cater to the rising demand. For instance, in June 2022, Ball Corp. expanded its operations in South America by establishing a new manufacturing plant in Peru the city of Chilca. The operation will have a production capacity of over 1 billion beverage cans a year and will start up in 2023.
Moreover, in January 2021, Ball Corp. announced it to build an aluminum can plant near Pilsen, Czechia to meet the rising demand for aluminum beverage cans. The company will construct its new production facility at Pilsen Digital Park. The company also plans to install sophisticated automated equipment at the facility, leveraging the latest modern technologies to minimize environmental impact.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2022
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Aluminum Beverage Cans Market by Beverage Type
- Alcoholic Beverages
- Carbonated Soft Drinks
- Fruits and vegetable Juices
- Other (Water)
Aluminum Beverage Cans Market by Distribution Channel
- Online
- Offline
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Regional Analysis
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Ball Corp.
- Ardagh Group S.A.
- Crown Holdings, Inc.
- Silgan Holdings Inc.
- CAN-PACK SA
- Orora Packaging Australia Pty. Ltd.
- The Olayan Group
- CPMC Holdings Ltd.
- Bangkok Can Manufacturing Co., Ltd.
- Nampak Ltd.
- Mahmood Saeed Beverage Cans & Ends Industry Company Ltd.
- Swan Industries Co. Ltd.
- GZ Industries Ltd.
- Toyo Seikan Co., Ltd.
- Kian Joo Can Factory Berhad
- Envases Group
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