How Big Is the Beverage Cans Market | Size & Forecast 2031

Q: How big is the beverage cans market?

The beverage cans market is projected to reach USD 85.4 billion by 2031.

Q: What is the CAGR of the beverage cans market?

The beverage cans market is expected to grow at a CAGR of 8.0% during the forecast period.

Q: Which materials dominate the beverage cans market?

Aluminum dominates due to its light weight, recyclability, and cost-efficiency.

Q: What are the key end-use segments for beverage cans?

Carbonated soft drinks, alcoholic beverages, and energy drinks are the main end-use segments.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5906

Publication Date: Jul 2025

How big is the beverage cans market?

According to 6Wresearch internal database and industry insights, the Global beverage cans market was valued at approximately USD 57.9 Billion in 2024 and is projected to reach USD 85.4 Billion by 2031, growing at a CAGR of 8.0 % during the forecast period.

The market expansion is attributed to increasing demand for sustainable and recyclable packaging, growing consumption of carbonated and energy drinks, and advancements in lightweight can technology. Changing lifestyle patterns, especially in urban areas, and the rise of ready-to-drink beverages are also contributing significantly to the growth of the beverage cans market.

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Key Growth Factors of the Beverage Cans Market

Rising preference for eco-friendly and recyclable packaging solutions
Increased consumption of soft drinks, alcoholic beverages, and energy drinks
Technological innovations in can design and lightweighting
Expansion of beverage distribution in emerging economies
Convenience and extended shelf life driving demand in on-the-go consumption

Beverage Cans Market Trends

The beverage cans market is seeing a shift toward aluminum cans due to their recyclability and lower environmental footprint. Sleek and slim can formats are becoming popular, especially among younger consumers. Branding and digital printing advancements are being utilized to boost visual appeal. The rise of craft beverage producers is also fueling diversified can packaging demands.

Emerging Developments in the Beverage Cans Market

Smart packaging and interactive labeling are gaining traction for consumer engagement. Manufacturers are adopting water-based and BPA-free coatings. The market is witnessing vertical integration by beverage companies investing in in-house can manufacturing. Regionally, developing nations are expanding production capacity to meet rising local demand.