About Canned Beverages
Canned Beverages are metal containers designed to hold fixed amount of liquid beverages such as alcoholic drinks, carbonated drinks, tea, fruit juices, and energy drinks. The cans are manufactured using aluminum or steel and are highly recyclable. Canned beverages are packaged on small metal container to extend the life of the beverages, ready to eat and delicious taste. These canned beverages are having various advantages like eliminate waste saves energy, reduce emissions, and provide added revenue for recycles. These beverages increase the shelf life without reducing the quality.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Canned Beverages is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Canned Beverages market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Coca-Cola Company (United States), PepsiCo (United States), Red Bull (Austria), Precept Wine (United States), Keurig Dr Pepper Inc. (United States), Del Monte Fresh (United States), Crown Holdings (United States), Ardagh Group S.A (Netherland), CPMC Holdings Ltd. (China), Toyo Seikan Group Holdings Ltd. (Japan), Fomento Economico (Mexico) and Vosa Spirits (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ambev SA (Brazil), Pernod Ricard SA (France) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Canned Beverages market by Type (Alcoholic Beverage and Non-Alcoholic Beverage) and Region.
On the basis of geography, the market of Canned Beverages has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Disturbution Channel, the sub-segment i.e. Supermarket /Hypermarket will boost the Canned Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Tin-Plated Cans will boost the Canned Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasingly focus on new developments that provide precise offering while recycling waste material., Technology integration in beverage industry. and Focus on eco-friendly packaging and sustainable Ingredient.
Market Growth Drivers:
Increases popularity of energy and soft drinks., Recyclable properties of metal cans. and The growing demand for gluten free alcoholic beverages.
Challenges:
High usage of plastic for packaging due to lower cost
Restraints:
Saturated markets for cans in developed regions.
Opportunities:
Advancing sustainability. and Portable nature of cans makes them more user friendly.
Market Leaders and their expansionary development strategies
In October 2023, Crown Holdings acquired Helvetia packaging, a beverage can manufacture facility in saarlouis, a town in Germany’s Saarland. This capacity helps the company to address the increasing demand of its local and regional clients for infinitely recyclable aluminum beverage cans.
In November 2023, Vosa Spirits launched two new aluminum canned product lines dubbed the Vodka Water and High Line. Vosa provides both carbonated and non-carbonated products. Vosa goods are meticulously developed with the client in mind and do not include preservatives and gluten.
Key Target Audience
Canned Beverages Manufacturer, Provider, Regulatory Bodies, Research and Development and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.