PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128075
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128075
Beer Cans Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Key Market Insights
"Increase consumption of beer cans will spur the market revenue growth"
The global beer cans market accounted for US$ XX Bn in 2021 and is anticipated to grow to US$ XX Bn growing at a CAGR of 3.5% during the forecast period from 2022 to 2030.
Increasing consumption of craft beer across various regions coupled with recreational and environmental benefits are major factors driving the beer cans market growth. Customers are inclined towards craft beer brewed by both small and large breweries. The increasing production of craft beers globally is proliferating the demand for the beer cans market, especially aluminum cans. According to Brewers Association, in the US, in 2018, the production of craft beers accounted to be 25.9 Mn barrels as compared to 25.1 Mn barrels in 2017.
Beer cans offer a combination of benefits including easy transportability, and recyclability among others. The recreational and environmental benefits offered such as cans are permitted at many places whereas bottles are not in areas including beaches, pools, parks, campgrounds, and boats among others. Additionally, beer cans are 100% recyclable and can be recycled indefinitely.
Material Type Analysis
"Aluminum segment to dominate the market throughout the forecast period"
The aluminum segment accounted for the highest share in the market in 2021 owing to its lightweight, high molding abilities, and increasing production of craft beers among others. The aluminum segment accounts for more than 60% of the volume sold globally. Increasing recycling programs and stringent government regulations owing to concerns regarding depletion of natural resources are factors further proliferating the demand for beer cans market.
According to beverage trends in packaging and processing operations, there is a significant increase in the number of microbreweries in the US which has grown more than 6000 and they are increasingly adopting aluminum cans due to the benefits offered by it such as low cost, better molding capabilities, less environmental footprint, and recyclability.
Capacity Analysis
"500 ml segment expected to dominate the market during the forecast period"
Based on capacity, 500 ml accounted for the major share of more than 60% in the global beer can market in 2021. The 500 ml or 16 ounces or larger segment had the largest share in the global beer can market owing to the availability of premium and economy brands in places such as convenience stores, pubs, and clubs among others. The 500 ml segment had the highest share due to increasing demand for beer cans in taprooms, and brewpubs worldwide. Changing consumer preferences and increasing young population in emerging regions such as Asia Pacific, Latin America, Middle East, and Africa are further expected to support the segment growth during the forecast period.
On the other flip, the 330 ml segment is expected to expand at a rapid pace owing to the growing demand for alcohol among millennials. The increasing demand from emerging economies of Asia Pacific including China, and India among others due to rapid urbanization and the presence of major alcoholic manufacturers such as United Breweries, Carlsberg, B9 Beverages (Bira 91), among others in the region.
Regional Analysis
"Rising urbanization to bolster the growth in the Asia Pacific region"
The Asia Pacific is projected to expand at a rapid pace during the forecast period owing to the changing cultural trends, rising urbanization, growing population, and popularity of beer among youth in the region A shift in consumer preference for gluten-free beer coupled with growing innovations in flavors and preparation are driving the demand of beer which in turn is boosting the demand for beer cans market. For instance, Heineken an Amsterdam-based company bought a stake in Bangalore-based United Breweries, which is India's one of the largest beer manufacturers. This, in turn, offers high growth potential for the beer packaging industry in the country and bolsters the demand for the beer cans market.
List of Companies Covered:
Toyo Seikan Group Holdings Ltd
Ball Corporation
Crown Holdings, Inc.
Ardagh Group S.A.
Cans-Pack S.A.
Orora Packaging Australia Pty Ltd.
CPMC Holdings Limited
Nampak Bevcan Limited
Daiwa Cans Co.
Shenzhen Xin Yuheng Cans Co., Ltd.
Key Industry Development:
In March 2020, Aiming to appeal to local consumers and increase its brand presence, Brazil-based craft beer brand Bierland has converted 100% of its product portfolio to be packaged in beverage cans in collaboration with Crown Embalagens Metalicas da Amazonia S.A., a subsidiary of Crown Holdings, Inc.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Beer Cans market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Beer Cans market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Billion
Segmentation
Material Type
Aluminum
Steel
Product Type
2 piece can
3 piece can
Capacity
330 ml
500 ml
Filling Method
Vacuum Filling
Pressure Filling
Region Segment (2020-2030; US$ Billion)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Billion )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Beer Cans market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Beer Cans market?
Which is the largest regional market for Beer Cans market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Beer Cans market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Beer Cans market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Beer Cans Market
- 2.2. Global Beer Cans Market, By Material Type , 2021 (US$ Billion)
- 2.3. Global Beer Cans Market, By Product Type , 2021 (US$ Billion)
- 2.4. Global Beer Cans Market, By Capacity , 2021 (US$ Billion)
- 2.5. Global Beer Cans Market, By Filling Method , 2021 (US$ Billion)
- 2.6. Global Beer Cans Market, By Geography, 2021 (US$ Billion)
- 2.7. Impact of Covid 19
- 2.8. Attractive Investment Proposition by Geography, 2021
- 2.9. Competitive Analysis
- 2.9.1. Market Positioning of Key Beer Cans Market Vendors
- 2.9.2. Strategies Adopted by Beer Cans Market Vendors
- 2.9.3. Key Industry Strategies
3. Beer Cans Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Beer Cans Market Value, 2020 - 2030, (US$ Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Aluminum
- 4.3.2. Steel
5. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. 2 piece can
- 5.3.2. 3 piece can
6. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. 330 ml
- 6.3.2. 500 ml
7. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. Vacuum Filling
- 7.3.2. Pressure Filling
8. North America Beer Cans Market, 2020-2030, USD (Billion)
- 8.1. Market Overview
- 8.2. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 8.3. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 8.4. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 8.5. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 8.6.Beer Cans Market: By Region, 2020-2030, USD (Billion)
- 8.6.1.North America
- 8.6.1.1. U.S.
- 8.6.1.2. Canada
- 8.6.1.3. Rest of North America
- 8.6.1.North America
9. UK and European Union Beer Cans Market, 2020-2030, USD (Billion)
- 9.1. Market Overview
- 9.2. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 9.3. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 9.4. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 9.5. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 9.6.Beer Cans Market: By Region, 2020-2030, USD (Billion)
- 9.6.1.UK and European Union
- 9.6.1.1. UK
- 9.6.1.2. Germany
- 9.6.1.3. Spain
- 9.6.1.4. Italy
- 9.6.1.5. France
- 9.6.1.6. Rest of Europe
- 9.6.1.UK and European Union
10. Asia Pacific Beer Cans Market, 2020-2030, USD (Billion)
- 10.1. Market Overview
- 10.2. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 10.3. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 10.4. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 10.5. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 10.6.Beer Cans Market: By Region, 2020-2030, USD (Billion)
- 10.6.1.Asia Pacific
- 10.6.1.1. China
- 10.6.1.2. Japan
- 10.6.1.3. India
- 10.6.1.4. Australia
- 10.6.1.5. South Korea
- 10.6.1.6. Rest of Asia Pacific
- 10.6.1.Asia Pacific
11. Latin America Beer Cans Market, 2020-2030, USD (Billion)
- 11.1. Market Overview
- 11.2. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 11.3. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 11.4. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 11.5. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 11.6.Beer Cans Market: By Region, 2020-2030, USD (Billion)
- 11.6.1.Latin America
- 11.6.1.1. Brazil
- 11.6.1.2. Mexico
- 11.6.1.3. Rest of Latin America
- 11.6.1.Latin America
12. Middle East and Africa Beer Cans Market, 2020-2030, USD (Billion)
- 12.1. Market Overview
- 12.2. Beer Cans Market: By Material Type , 2020-2030, USD (Billion)
- 12.3. Beer Cans Market: By Product Type , 2020-2030, USD (Billion)
- 12.4. Beer Cans Market: By Capacity , 2020-2030, USD (Billion)
- 12.5. Beer Cans Market: By Filling Method , 2020-2030, USD (Billion)
- 12.6.Beer Cans Market: By Region, 2020-2030, USD (Billion)
- 12.6.1.Middle East and Africa
- 12.6.1.1. GCC
- 12.6.1.2. Africa
- 12.6.1.3. Rest of Middle East and Africa
- 12.6.1.Middle East and Africa
13. Company Profile
- 13.1. Toyo Seikan Group Holdings Ltd
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Ball Corporation
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Crown Holdings, Inc.
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Ardagh Group S.A.
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Cans-Pack S.A.
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Orora Packaging Australia Pty Ltd.
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. CPMC Holdings Limited
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Nampak Bevcan Limited.
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. Daiwa Cans Co.
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. Shenzhen Xin Yuheng Cans Co., Ltd
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 2 Global Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 3 Global Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 4 Global Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
- TABLE 5 North America Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 6 North America Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 7 North America Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 8 North America Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
- TABLE 9 UK and European Union Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 10 UK and European Union Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 11 UK and European Union Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 12 UK and European Union Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
- TABLE 13 Asia Pacific Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 14 Asia Pacific Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 15 Asia Pacific Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 16 Asia Pacific Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
- TABLE 17 Latin America Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 18 Latin America Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 19 Latin America Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 20 Latin America Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
- TABLE 21 Middle East and Africa Beer Cans Market By Material Type , 2020-2030, USD (Billion)
- TABLE 22 Middle East and Africa Beer Cans Market By Product Type , 2020-2030, USD (Billion)
- TABLE 23 Middle East and Africa Beer Cans Market By Capacity , 2020-2030, USD (Billion)
- TABLE 24 Middle East and Africa Beer Cans Market By Filling Method , 2020-2030, USD (Billion)
List of Figures
- FIG. 1 Global Beer Cans Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Beer Cans Market: Quality Assurance
- FIG. 5 Global Beer Cans Market, By Material Type , 2021
- FIG. 6 Global Beer Cans Market, By Product Type , 2021
- FIG. 7 Global Beer Cans Market, By Capacity , 2021
- FIG. 8 Global Beer Cans Market, By Filling Method , 2021
- FIG. 9 Global Beer Cans Market, By Geography, 2021
- FIG. 10 Global Beer Cans Market, By Material Type , 2021 Vs 2030, %
- FIG. 11 Global Beer Cans Market, By Product Type , 2021 Vs 2030, %
- FIG. 12 Global Beer Cans Market, By Capacity , 2021 Vs 2030, %
- FIG. 13 Global Beer Cans Market, By Filling Method , 2021 Vs 2030, %
- FIG. 14 U.S. Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 15 Canada Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 16 Rest of North America Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 17 UK Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 18 Germany Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 19 Spain Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 20 Italy Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 21 France Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 22 Rest of Europe Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 23 China Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 24 Japan Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 25 India Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 26 Australia Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 27 South Korea Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 28 Rest of Asia Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 29 Brazil Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 30 Mexico Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 31 Rest of Latin America Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 32 GCC Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 33 Africa Beer Cans Market (US$ Billion), 2020 - 2030
- FIG. 34 Rest of Middle East and Africa Beer Cans Market (US$ Billion), 2020 - 2030
