Global Drink Can Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Material Type;
Aluminum, Steel, and Tinplate.By Beverage Type;
Carbonated Soft Drinks (CSD), Alcoholic Beverages, Fruit Juices, Energy Drinks, Bottled Water, and Ready-to-Drink (RTD) Tea & Coffee.By Size;
Standard Sizes (330ml, 355ml, 500ml), Small Sizes (less than 330ml), and Large Sizes (more than 500ml).By Application;
Carbonated Soft Drinks (CSD), Alcoholic Beverages, Fruit Drink, Dairy-based Products, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Drink Can Market (USD Million), 2021 - 2031
In the year 2024, the Global Drink Can Market was valued at USD 64,837.24 million. The size of this market is expected to increase to USD 115,513.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.
The global drink can market encompasses the production, distribution, and consumption of beverage containers made primarily of materials such as aluminum, steel, or tinplate. Drink cans serve as a ubiquitous packaging solution for a wide range of beverages, including carbonated soft drinks, alcoholic beverages, fruit juices, energy drinks, bottled water, and ready-to-drink teas and coffees.
Drink cans are cylindrical containers designed to hold liquid beverages. They typically feature a sealed top and a pull-tab or ring-pull mechanism for easy opening. These cans are lightweight, durable, and easily recyclable, making them a popular choice for both manufacturers and consumers.
The drink can market has experienced significant growth over the years, driven by factors such as convenience, portability, and increasing consumer demand for on-the-go beverages. Additionally, advancements in manufacturing technology have led to innovations in can design, allowing for improved functionality, branding opportunities, and sustainability features.
Key players in the global drink can market include industry giants like Ball Corporation, Crown Holdings, Ardagh Group, and Can-Pack S.A. These companies manufacture billions of drink cans annually, serving markets worldwide.
Global Drink Can Market Recent Developments
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In 2020, Ardagh Group’s Mississippi beverage can manufacture unit has been awarded the 2020 carbon emission award from Tennessee Valley Authority. Also, the company proposed merging its beverage can business with Gores Holding V Inc.
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In 2020, Ball Corporation planned to build a new aluminum can plant Near Pilsen, Czechia. Last year company also completed the acquisition of Tubex Aluminum Packaging Business located in Brazil.
Segment Analysis
The Global Drink Can Market is segmented by Material Type, with aluminum, steel, and tinplate being the key materials used in the production of beverage cans. Aluminum is the dominant material due to its lightweight, recyclability, and ability to preserve the drink’s quality. It is highly preferred for packaging carbonated soft drinks, alcoholic beverages, and energy drinks. Steel, though less commonly used, is mainly employed for packaging products that require a stronger barrier. Tinplate is used for certain niche applications, offering durability and corrosion resistance, but it has a smaller market share compared to aluminum. The demand for aluminum is growing rapidly as sustainability and recyclability become increasingly important to consumers and manufacturers alike.
In terms of Beverage Type, the market is highly influenced by the growing consumption of carbonated soft drinks (CSD), alcoholic beverages, and energy drinks. Cans are favored in the CSD sector for their ability to maintain carbonation and provide convenience. Alcoholic beverages, particularly beer, craft beer, and ready-to-drink (RTD) cocktails, are increasingly being packaged in cans, driven by consumer preferences for portability and eco-friendly options. The trend is similarly growing in the energy drink and bottled water segments, where cans provide a practical and sustainable alternative to plastic bottles. Additionally, fruit juices and RTD tea & coffee are gaining popularity in cans, with manufacturers leveraging packaging to appeal to health-conscious consumers seeking convenience and freshness.
The market is also categorized by Size, with standard sizes (330ml, 355ml, 500ml) leading in popularity due to their suitability for a wide range of beverages and consumer preferences. Small-sized cans (less than 330ml) are particularly favored in niche markets and for single-serving portions, especially in regions with higher demand for portable and low-calorie drinks. Larger-sized cans (more than 500ml) are increasingly popular in the energy drink and family-sized beverage markets, where consumers seek more value per can. Finally, the Application segment includes carbonated soft drinks, alcoholic beverages, fruit drinks, dairy-based products, and other beverages. The rising demand for dairy products in cans, such as flavored milk and milkshakes, is contributing to the growth of the dairy-based segment, while the broader trend of eco-conscious packaging across all beverage types continues to shape consumer preferences in the global drink can market.
Global Drink Can Segment Analysis
In this report, the Global Drink Can Market has been segmented by Material Type, Beverage Type, Size, Application, and Geography.
Global Drink Can Market, Segmentation by Material Type
The Global Drink Can Market has been segmented by Material Type into Aluminum, Steel, and Tinplate.
Aluminum cans are one of the most common types of drink cans due to their lightweight nature, corrosion resistance, and ability to be shaped into various sizes and designs. They are particularly popular for beverages like carbonated soft drinks, energy drinks, and beer. Aluminum cans are favored for their recyclability, as they can be easily melted down and reused with minimal loss of quality, making them an environmentally sustainable option.
Steel cans, while less common than aluminum, still hold a significant share of the global drink can market. Steel offers excellent strength and durability, making it suitable for beverages that require extra protection, such as certain types of fruit juices and alcoholic beverages. Steel cans are often preferred for their robustness, ensuring that the contents remain intact during transportation and storage. However, steel cans are heavier than aluminum cans and may require more energy to produce and recycle.
Tinplate cans, also known as tin cans or tin-coated steel cans, are primarily used for packaging non-carbonated beverages like canned fruits, vegetables, and soups. The tin coating provides a protective barrier against corrosion, ensuring the integrity of the contents over time. While tinplate cans offer good durability and barrier properties, they are less common in the drink can market compared to aluminum and steel cans, mainly due to their limited application to certain beverage types.
Global Drink Can Market, Segmentation by Beverage Type
The Global Drink Can Market has been segmented by Beverage Type into Carbonated Soft Drinks (CSD), Alcoholic Beverages, Fruit Juices, Energy Drinks, Bottled Water, and Ready-to-Drink (RTD) Tea & Coffee.
Carbonated soft drinks, encompassing popular sodas and fizzy beverages, are a staple in many households and a go-to choice for refreshment. The demand for drink cans for CSD reflects the enduring popularity of these beverages, which often come in standard sizes ranging from small to large cans, catering to different consumption occasions.
Another prominent segment in the global drink can market is alcoholic beverages. From beer and cider to ready-to-drink (RTD) cocktails and spirits mixed with soda, the alcoholic beverage category presents a diverse range of products that are packaged in drink cans. Alcoholic beverage cans offer convenience and portability, making them popular for outdoor events, gatherings, and on-the-go consumption. Additionally, the rising trend of craft beers and artisanal alcoholic beverages has contributed to the growth of this segment within the market.
Fruit juices represent another significant segment in the global drink can market. Consumers increasingly seek healthier beverage options, and fruit juices provide a refreshing and nutritious choice. Drink cans for fruit juices offer convenience and shelf stability while preserving the flavor and freshness of the juice. With a focus on natural ingredients and functional benefits, fruit juice cans cater to health-conscious consumers seeking alternatives to sugary drinks.
Energy drinks have also carved out a niche in the global drink can market, targeting consumers seeking a boost of energy and alertness. These beverages often contain stimulants like caffeine and are marketed towards individuals with active lifestyles or those needing a pick-me-up during busy days. The portability and quick consumption offered by drink cans make them a convenient packaging option for energy drinks, aligning with the on-the-go nature of their target consumers.
Bottled water, while traditionally packaged in plastic bottles, has seen a growing presence in the drink can market. With increasing concerns about plastic pollution and environmental sustainability, some consumers are turning to canned water as a more eco-friendly alternative. Canned water offers the same convenience and hydration benefits as bottled water but with the added advantage of being easily recyclable and lightweight.
Ready-to-drink (RTD) tea and coffee have emerged as a significant segment within the global drink can market, catering to consumers seeking convenience and flavor variety. RTD tea and coffee cans provide a convenient way to enjoy these beverages without the need for brewing or preparation. With a range of flavors and formulations, including sweetened, unsweetened, and flavored options, RTD tea and coffee cans appeal to a broad consumer base, from busy professionals to on-the-go millennials.
Global Drink Can Market, Segmentation by Size
The Global Drink Can Market has been segmented by Size into Standard Sizes (330ml, 355ml, 500ml), Small Sizes (less than 330ml), and Large Sizes (more than 500ml).
Standard sizes, including 330ml, 355ml, and 500ml, represent the backbone of the market, offering versatility and familiarity across a wide range of beverages. These sizes are ubiquitous, commonly found in carbonated soft drinks, energy drinks, and alcoholic beverages. Their popularity stems from their convenient volume, which strikes a balance between portability and serving size, making them ideal for individual consumption or sharing.
In contrast, small-sized drink cans, typically holding less than 330ml, cater to specific niche markets and consumption occasions. These compact containers are favored for their portability and suitability for on-the-go consumption, appealing to consumers seeking quick refreshment without committing to larger volumes. Small-sized cans are commonly associated with energy drinks, fruit juices, and specialty beverages targeted at consumers looking for convenience and portion control.
Large-sized drink cans, exceeding 500ml, offer ample servings suited for sharing or extended consumption. These oversized containers are often associated with value-oriented offerings, targeting consumers looking for cost-effective options or group consumption scenarios such as parties, picnics, or family gatherings. Large-sized cans are prevalent in categories such as beer, cider, and ready-to-drink cocktails, where volume and value play significant roles in consumer purchasing decisions.
Global Drink Can Market, Segmentation by Application
The Global Drink Can Market has been segmented by Application into Carbonated Soft Drinks (CSD), Alcoholic Beverages, Fruit Drink, Dairy-based Products, and Others.
The Global Drink Can Market has been extensively segmented based on various applications, with one of the primary segments being Carbonated Soft Drinks (CSD). This category includes all types of fizzy beverages like sodas, cola, and energy drinks, which are widely consumed across the globe. The rising demand for convenient packaging solutions, especially in carbonated drinks, is driving growth in this segment, as cans are favored for their portability and preservation of carbonation.
Another significant segment within the market is Alcoholic Beverages. Cans are increasingly used for packaging beers, ciders, and ready-to-drink (RTD) alcoholic cocktails due to their ability to maintain the drink's freshness and flavor. The trend towards lightweight, eco-friendly, and recyclable cans, as well as the popularity of canned craft beers, has led to a surge in the consumption of alcoholic beverages in cans, particularly among younger demographics and outdoor enthusiasts.
Other notable segments include Fruit Drinks, Dairy-based Products, and Others. Fruit drinks, especially those with a focus on health and wellness, often use cans as they are perceived to be fresher and more premium. Similarly, dairy-based products such as flavored milk and milkshakes are increasingly being packaged in cans for convenience and to enhance shelf life. The "Others" category encompasses various niche applications such as iced tea, bottled water, and energy shots, which are also seeing increased adoption of canned packaging due to consumer preference for sustainability and practicality.
Global Drink Can Market, Segmentation by Geography
In this report, the Global Drink Can Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Drink Can Market Share (%), by Geographical Region, 2024
The global drink can market exhibits regional variations influenced by factors such as consumer preferences, cultural norms, economic conditions, and regulatory frameworks. Here's an elaboration on the market dynamics across different regions:
In North America, particularly in the United States and Canada, the drink can market is well-established and highly competitive. The region has a strong consumer base for carbonated soft drinks, energy drinks, and alcoholic beverages, driving significant demand for drink cans. Moreover, increasing consumer awareness regarding environmental sustainability has led to a growing preference for aluminum cans due to their recyclability. Key players like Ball Corporation and Crown Holdings dominate the market, leveraging advanced manufacturing technologies and innovative packaging designs to maintain their competitive edge.
Europe represents another significant market for drink cans, with countries like the United Kingdom, Germany, and France being major consumers. The market is characterized by a diverse beverage landscape, encompassing traditional favorites like beer and carbonated soft drinks as well as a growing demand for healthier alternatives such as fruit juices and functional beverages. Aluminum cans are preferred in many European countries due to their lightweight nature and eco-friendly properties. Regulatory initiatives promoting recycling and sustainability further shape the market landscape, driving the adoption of recyclable packaging solutions.
The Asia-Pacific region is a burgeoning market for drink cans, fueled by rapid urbanization, changing lifestyles, and increasing disposable incomes. Countries like China, Japan, and India are witnessing a surge in demand for packaged beverages, including carbonated drinks, ready-to-drink teas, and flavored water. Aluminum cans are gaining traction in the region, driven by their convenience, shelf-life advantages, and recyclability. Local and multinational players are investing in expanding production capacities and enhancing distribution networks to cater to the evolving consumer preferences in this dynamic market.
Latin America represents a promising market for drink cans, with countries like Brazil, Mexico, and Argentina driving demand. The region has a strong culture of beverage consumption, with carbonated soft drinks, beer, and fruit-flavored beverages being popular choices among consumers. Aluminum cans are preferred for their affordability, lightweight, and ability to preserve the freshness of beverages. However, economic volatility and regulatory challenges pose significant hurdles for market players, necessitating strategic investments in supply chain optimization and product innovation to maintain profitability and competitiveness.
The Middle East & Africa region presents unique opportunities and challenges for the drink can market. While beverage consumption is relatively lower compared to other regions, urbanization, changing consumer lifestyles, and increasing tourism are driving demand for packaged beverages, particularly carbonated drinks and energy drinks. Aluminum cans are gradually gaining acceptance in the region, supported by investments in recycling infrastructure and environmental awareness initiatives. Market players are focusing on product diversification and localization strategies to cater to the diverse preferences and cultural nuances of consumers across different countries in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drink Can Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
- Convenience and Portability
- Recyclability and Sustainability
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Innovations in Design and Technology : Continuous innovations in can design and technology have revolutionized the beverage packaging industry, catering to evolving consumer preferences and market demands. From the introduction of slim cans to the development of resealable lids and easy-open tops, these advancements have significantly enhanced the consumer experience while broadening the market appeal of drink cans. Slim cans, for instance, offer a sleeker profile and are preferred for their modern aesthetic, particularly among younger demographics. Resealable lids provide added convenience, allowing consumers to enjoy beverages on-the-go while preserving freshness for later consumption. Easy-open tops streamline accessibility, eliminating the need for additional tools and enhancing user convenience.
Advanced manufacturing technologies play a pivotal role in driving efficiency and cost-effectiveness across the production processes of drink cans. Automated systems, precision engineering, and robotics optimize manufacturing operations, resulting in higher production volumes, improved quality control, and reduced production costs. These technological advancements not only benefit manufacturers but also contribute to the overall competitiveness of the drink can market by ensuring consistency, reliability, and scalability in production. As design and technology continue to evolve, the drink can industry remains poised for further innovation, promising exciting developments to meet the ever-changing needs and preferences of consumers worldwide.
- Changing Consumer Preferences
- Supply Chain Disruptions
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Brand Loyalty and Perception : Brand Loyalty and Perception: Brand loyalty and perception play a significant role in consumer purchasing decisions. Negative publicity or brand controversies related to drink cans, such as safety concerns or environmental issues, can damage brand reputation and impact sales.
To mitigate this risk, beverage companies must prioritize transparency and proactive communication regarding their packaging materials, safety standards, and environmental practices. Engaging in sustainability initiatives, such as using recycled materials and reducing carbon footprint, can enhance brand image and resonate positively with environmentally-conscious consumers. Additionally, investing in quality assurance measures and swiftly addressing any safety concerns can help maintain consumer trust and loyalty, safeguarding against reputational damage in the competitive beverage market.
- Functional Packaging
- Health-Conscious Products
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Expanding Market Reach : Expanding market reach involves strategic exploration of emerging markets or regions characterized by rising disposable incomes. By identifying these areas, companies can tailor their products to resonate with local preferences and cultural nuances, thereby positioning themselves for success in capturing a larger share of the global drink can market. This approach requires thorough market research to understand consumer behaviors, preferences, and purchasing power within each target market. Adapting packaging designs, product formulations, and marketing strategies to align with the unique demands of these regions is crucial for establishing a strong foothold and driving growth in new territories.
Forging partnerships with local distributors, retailers, or beverage companies can facilitate market entry and enhance brand visibility. Leveraging insights from these partnerships can provide valuable guidance on navigating regulatory requirements, distribution channels, and promotional activities specific to each market. By strategically expanding into emerging regions and customizing offerings to meet local needs, companies can effectively broaden their global presence and capitalize on untapped opportunities in the dynamic drink can market.
Competitive Landscape Analysis
Key players in Global Drink Can Market include;
- Ball Corporation
- Crown Holdings, Inc.
- Ardagh Group
- Can-Pack S.A.
- Rexam PLC
- CPMC Holdings Limited
- Toyo Seikan Group Holdings, Ltd.
- Silgan Holdings Inc.
- Kian Joo Can Factory Berhad
- HUBER Packaging Group GmbH
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material Type
- Market Snapshot, By Beverage Type
- Market Snapshot, By Size
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Drink Can Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Convenience and Portability
- Recyclability and Sustainability
- Innovations in Design and Technology
- Restraints
- Changing Consumer Preferences
- Supply Chain Disruptions
- Brand Loyalty and Perception
- Opportunities
- Functional Packaging
- Health-Conscious Products
- Expanding Market Reach
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Drink Can Market, By Material Type, 2021 - 2031 (USD Million)
- Aluminum
- Steel
- Tinplate
- Global Drink Can Market, By Beverage Type, 2021 - 2031 (USD Million)
- Carbonated Soft Drinks (CSD)
- Alcoholic Beverages
- Fruit Juices
- Energy Drinks
- Bottled Water
- Ready-to-Drink (RTD) Tea & Coffee
- Global Drink Can Market, By Size, 2021 - 2031 (USD Million)
- Standard Sizes (330ml, 355ml, 500ml)
- Small Sizes (less than 330ml)
- Large Sizes (more than 500ml)
- Global Drink Can Market, By Application, 2021 - 2031 (USD Million)
- Carbonated Soft Drinks (CSD)
- Alcoholic Beverages
- Fruit Drink
- Dairy-based Products
- Others
- Global Drink Can Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Drink Can Market, By Material Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Ball Corporation
- Crown Holdings, Inc.
- Ardagh Group
- Can-Pack S.A.
- Rexam PLC
- CPMC Holdings Limited
- Toyo Seikan Group Holdings, Ltd.
- Silgan Holdings Inc.
- Kian Joo Can Factory Berhad
- HUBER Packaging Group GmbH
- Company Profiles
- Analyst Views
- Future Outlook of the Market