United States Drink Can Market was valued at USD 10.2 Billion in 2022 and is projected to reach USD 14.8 Billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030.
The US drink can market is witnessing significant growth as demand for beverages in cans continues to rise across various industries. The market is driven by multiple factors, including consumer preference for convenience, the sustainability trend, and the increasing popularity of canned beverages. This surge in demand is not just limited to soft drinks but extends to energy drinks, alcoholic beverages, and functional drinks as well. The market is forecasted to grow consistently as industries continue to embrace canning as an efficient packaging solution.
With a wide range of beverage options, industries across the US are increasingly relying on drink cans to meet consumer demand. The aluminum drink can market is particularly popular due to its lightweight, durability, and eco-friendly characteristics. These features not only appeal to consumers but also align with industry goals for reducing environmental footprints. Additionally, aluminum cans are highly recyclable, which plays into the growing focus on sustainability in manufacturing processes.
The need for drink cans varies across different industries. Soft drink companies, for instance, demand large quantities of cans to package their beverages. The energy drink industry, on the other hand, is seeing a rise in demand for unique and eye-catching packaging, making aluminum cans an ideal choice for brands looking to stand out in a crowded market. The craft beer industry is also fueling demand, with craft brewers opting for cans to maintain the freshness of their product and provide consumers with a portable, convenient option.
In recent years, the growing trend toward health-conscious consumption has driven the demand for functional drinks in cans. These drinks, which include kombucha, protein beverages, and enhanced waters, have found a strong market presence thanks to the sleek, on-the-go packaging offered by cans. Additionally, many industries are tapping into limited-edition or seasonal releases, driving demand for customized packaging, including drink cans that showcase unique designs and labels.
As competition intensifies, beverage companies are looking for innovative packaging solutions that will not only protect the quality of their products but also create an appealing visual impact. The drink can market continues to evolve, with new designs, materials, and technology shaping the future of the industry.
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Ball Corporation
Crown Holdings
Ardagh group
Toyo Seikan
Silgan Holdings Inc
Can Pack Group
Daiwa Can Company
ORG Technology
CPMC Holdings
Hokkan Holdings
Showa Aluminum Can Corporation
Sunrise Group
Can-Pack
Novelis
COFCO Corporation
Orora
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Drink Can Market
Age Group
Gender
Income Level
Lifestyle
Personality
Purchase Frequency
Occasion
Brand Loyalty
Type of Drink
Quantity
Retail Type
Sales Channel
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Drink Can Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Drink Can Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Drink Can Market, By Type
6. US Drink Can Market, By Application
7. US Drink Can Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Drink Can Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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