Market Forecast By Product Type (Aluminium, Steel), By Application (Carbonated Water, Flavored Water, Still Water, Functional Water) And Competitive Landscape
Product Code: ETC189942 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Vietnam Beverage Cans Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.78% in 2025, the market peaks at 13.77% in 2027, and settles at 10.92% by 2029.
By 2027, Vietnam's Beverage Cans market is forecasted to achieve a high growth rate of 13.77%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Vietnam Beverage Cans market is integral to the thriving beverage industry in the country. With the rising consumption of canned beverages, market players are investing in advanced manufacturing processes and materials to meet the demand for lightweight, durable, and visually appealing cans. The market is influenced by consumer preferences, brand differentiation, and sustainability considerations, driving continuous innovation in beverage can packaging.
The Vietnam beverage cans market is on a trajectory of steady growth, driven by the flourishing beverage industry and shifting consumer preferences towards on-the-go and convenient packaging solutions. As the demand for carbonated drinks, energy drinks, and ready-to-drink beverages rises, beverage cans have emerged as a preferred choice for manufacturers. The lightweight and recyclable nature of cans align with sustainability trends, contributing to their popularity. Additionally, the convenience factor, coupled with innovative packaging designs, is further propelling the beverage cans market. As manufacturers prioritize eco-friendly packaging and consumers seek convenience, the Vietnam beverage cans market is poised for sustained expansion.
In the beverage cans market, sustainability and recycling present significant challenges. Encouraging the adoption of recyclable materials and promoting responsible disposal practices are crucial for the industry`s long-term success. Overcoming consumer inertia and ensuring that recycling infrastructure is in place across the country are key challenges that need to be addressed.
The Vietnam Beverage Cans Market experienced notable shifts in consumer preferences and market dynamics during the COVID-19 pandemic. The closure of bars and restaurants, coupled with restrictions on outdoor activities, impacted the demand for canned beverages. However, the surge in at-home consumption led to increased sales through retail channels. Beverage can manufacturers faced challenges related to supply chain disruptions and raw material shortages. The market is now witnessing a rebound as restrictions ease, and the food and beverage industry adapts to the new normal. Sustainability concerns and the demand for lightweight packaging are expected to shape the future of the beverage cans market in Vietnam.
Key players dominating the Vietnam Beverage Cans market include Ball Corporation, Crown Holdings, and Toyo Seikan Group. Renowned for their cutting-edge technology and commitment to sustainability, these companies play a crucial role in meeting the packaging demands of Vietnam`s thriving beverage industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Beverage Cans Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Beverage Cans Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Beverage Cans Market - Industry Life Cycle |
3.4 Vietnam Beverage Cans Market - Porter's Five Forces |
3.5 Vietnam Beverage Cans Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Beverage Cans Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Beverage Cans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Beverage Cans Market Trends |
6 Vietnam Beverage Cans Market, By Types |
6.1 Vietnam Beverage Cans Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Beverage Cans Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Beverage Cans Market Revenues & Volume, By Aluminium, 2021-2031F |
6.1.4 Vietnam Beverage Cans Market Revenues & Volume, By Steel, 2021-2031F |
6.2 Vietnam Beverage Cans Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Beverage Cans Market Revenues & Volume, By Carbonated Water, 2021-2031F |
6.2.3 Vietnam Beverage Cans Market Revenues & Volume, By Flavored Water, 2021-2031F |
6.2.4 Vietnam Beverage Cans Market Revenues & Volume, By Still Water, 2021-2031F |
6.2.5 Vietnam Beverage Cans Market Revenues & Volume, By Functional Water, 2021-2031F |
7 Vietnam Beverage Cans Market Import-Export Trade Statistics |
7.1 Vietnam Beverage Cans Market Export to Major Countries |
7.2 Vietnam Beverage Cans Market Imports from Major Countries |
8 Vietnam Beverage Cans Market Key Performance Indicators |
9 Vietnam Beverage Cans Market - Opportunity Assessment |
9.1 Vietnam Beverage Cans Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Beverage Cans Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Beverage Cans Market - Competitive Landscape |
10.1 Vietnam Beverage Cans Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Beverage Cans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |