The Europe beverage metal cans market is expected to reach US$ 9,848.03 million by 2028 from US$ 7,267.80 million in 2022; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028
Metal cans can be reused several times without compromising the material's quality. The adoption of reusable metal packaging has expanded among consumers due to the increasing need to reduce the usage of traditional plastic packaging owing to the rising environmental concerns. Thus, large market participants, such as Ball Corporation, are providing circular delivery services to replace single-use throwaway packaging with durable and reusable metal cans. In addition, food and beverage firms are collaborating with metal can manufacturers to offer products in reusable metal containers. According to Metal Packaging Europe, in 2021, 84% of steel packaging and 76% of aluminum beverage cans were recycled in Europe. Furthermore, increased investments by major companies in building recycling facilities and enhancing waste management systems play a critical role in the Europe beverage metal cans market growth. Rising government measures to minimize carbon footprint and energy consumption have spurred the adoption of metal recycling across the region. As a result, the market is expected to grow at a good CAGR during the forecast period.
Ball Corporation; Crown Holdings, Inc; Ardgh Group S.A; CANPACK; Orora Packing Australia Plt. Ltd; Amcor plc; SHOWA DENKO K.K; and Envases Group are among the leading companies operating in the Europe beverage metal cans market.
Metal cans can be reused several times without compromising the material's quality. The adoption of reusable metal packaging has expanded among consumers due to the increasing need to reduce the usage of traditional plastic packaging owing to the rising environmental concerns. Thus, large market participants, such as Ball Corporation, are providing circular delivery services to replace single-use throwaway packaging with durable and reusable metal cans. In addition, food and beverage firms are collaborating with metal can manufacturers to offer products in reusable metal containers. According to Metal Packaging Europe, in 2021, 84% of steel packaging and 76% of aluminum beverage cans were recycled in Europe. Furthermore, increased investments by major companies in building recycling facilities and enhancing waste management systems play a critical role in the Europe beverage metal cans market growth. Rising government measures to minimize carbon footprint and energy consumption have spurred the adoption of metal recycling across the region. As a result, the market is expected to grow at a good CAGR during the forecast period.
Europe Beverage Metal Cans Market Segmentation
The Europe beverage metal cans market is segmented on the basis of material, application, and country. Based on material, the market is bifurcated into aluminum and steel. The aluminum segment dominated the market in 2022. By application, the Europe beverage metal cans market is segmented into carbonated soft drinks, alcoholic drinks, fruit and vegetable juices, and others. The alcoholic drinks segment dominated the market in 2022.Based on country, the Europe beverage metal cans market is segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Germany dominated the market in 2022.Ball Corporation; Crown Holdings, Inc; Ardgh Group S.A; CANPACK; Orora Packing Australia Plt. Ltd; Amcor plc; SHOWA DENKO K.K; and Envases Group are among the leading companies operating in the Europe beverage metal cans market.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Beverage Metal Cans Market Landscape
5. Europe Beverage Metal Cans Market - Key Market Dynamics
6. Beverage Metal Cans - Europe Market Analysis
7. Europe Beverage Metal Cans Market Analysis - By Material
8. Europe Beverage Metal Cans Market Analysis - By Application
9. Europe Beverage Metal Cans Market - Country Analysis
10. Industry Landscape
11. Company Profiles
12. Appendix
List of Figures
List of Tables
Companies Mentioned
- Ball Corporation.
- Crown Holdings,Inc.
- Ardgh Group S.A.
- CANPACK.
- Orora Packing Australia Plt.Ltd.
- Amcor plc.
- SHOWA DENKO K.K.
- Envases Group.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 7267.8 Million |
| Forecasted Market Value ( USD | $ 9848.03 Million |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
