The global beer cans market size is predicted to increase from $12.77 billion in 2023 to approximately $19.14 billion by 2033, according to a study published by Towards Packaging a sister firm of Precedence Statistics.

Key Takeaways: Leading Factors of the Beer Cans Market

• Asia Pacific dominated the beer cans market in 2023.
• North America is expected to grow at a significant rate in the market during the forecast period.
• By material, the aluminium segment dominated the market with the largest share in 2023.
• By type, the 3 piece can segment is expected to grow at significant rate during the forecast period.
• By application, the 330 ml segment dominated the market in 2023.

Beer Cans Market at a Glance

The beer cans market revolves around the transportation, production and consumption of the beer based on consumer preferences which are driven by cultural shift from elder generation to younger generation. Along with these qualities, preventing the UV rays and providing mobility due to being light-weight are the leading objectives of the market. The lower emission of carbon print and lower energy resource used for recycling has increased the demand for beer cans initialising increasing the beer can market growth.

The utilisation of stainless steel and aluminium prolongs the shelf life of beer. Along with customisation of beer cans, improvisation of properties like strength and durability increases the growth rate of the beer cans market.

Beer consumption and Mobility of Beer Cans Drive the Beer Market

The major driving factors are the increasing consumption of beer in younger generation which is due to high incomes and the mobility of the beer cans due to its light-weight feature and instant consumption of beer have driven the beer cans market demand. The focus on sustainable packaging also boosts the market by attracting the market players which are driven by environmental consciousness. The cost-effective nature of cans makes it easy for the production and transportation of the beer which impacts the market growth.