The Asia Pacific beverage metal cans market is expected to reach US$ 16,154.98 million by 2028 from US$ 10,618.21 million in 2022; it is estimated to grow at a CAGR of 7.2% from 2022 to 2028
Demand for canned cocktails and sparkling wines is increasing among people. Canned cocktail and sparkling wine manufacturers have taken the initiative to provide high-quality canned drinks that are convenient to drink and free of airborne contaminants. Consumers in developed countries have become health-conscious and choose low-alcohol flavored beverages. Manufacturers typically include a modest percentage of alcohol, ranging from 4% to 12%, and additional flavors, including lemon, cranberry, orange, and passion fruit, attracting health-conscious customers. As a result, low alcohol by volume (ABV) beverages has gained popularity. Consumers' preference for beverages in convenient packaging is projected to expand the use of canned alcoholic beverages in the coming years. Therefore, the Asia Pacific beverage metal cans 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; and SHOWA DENKO K.K are among the leading companies in the Asia Pacific beverage metal cans market.
Demand for canned cocktails and sparkling wines is increasing among people. Canned cocktail and sparkling wine manufacturers have taken the initiative to provide high-quality canned drinks that are convenient to drink and free of airborne contaminants. Consumers in developed countries have become health-conscious and choose low-alcohol flavored beverages. Manufacturers typically include a modest percentage of alcohol, ranging from 4% to 12%, and additional flavors, including lemon, cranberry, orange, and passion fruit, attracting health-conscious customers. As a result, low alcohol by volume (ABV) beverages has gained popularity. Consumers' preference for beverages in convenient packaging is projected to expand the use of canned alcoholic beverages in the coming years. Therefore, the Asia Pacific beverage metal cans market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Beverage Metal Cans Market Segmentation
The Asia Pacific 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 Asia Pacific 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 Asia Pacific beverage metal cans market is segmented into Australia, China, India, Japan, South Korea, and Rest of Asia Pacific. China dominated the market in 2022.Ball Corporation; Crown Holdings, Inc; Ardgh Group S.A; CANPACK; Orora Packing Australia Plt. Ltd; Amcor plc; and SHOWA DENKO K.K are among the leading companies in the Asia Pacific beverage metal cans market.
Table of Contents
1. Introduction
3. Research Methodology
4. APAC Beverage Metal Cans Market Landscape
5. APAC Beverage Metal Cans Market - Key Market Dynamics
6. Beverage Metal Cans - APAC Market Analysis
7. APAC Beverage Metal Cans Market Analysis - By Material
8. APAC Beverage Metal Cans Market Analysis - By Application
9. APAC 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 98 |
Published | August 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 10618.21 Million |
Forecasted Market Value ( USD | $ 16154.98 Million |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 7 |