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    US Beverage Cans Market

    ID: MRFR/PCM/16044-HCR
    111 Pages
    Snehal Singh
    October 2025

    US Beverage Cans Market Research Report: By Material (Aluminum, Steel) and By Application (Carbonated Soft Drinks, Alcoholic Beverages, Fruit & Vegetable Juices, others) - Forecast to 2035

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    US Beverage Cans Market Infographic
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    US Beverage Cans Market Summary

    As per MRFR analysis, the US beverage cans market Size was estimated at 5.5 USD Billion in 2024. The US beverage cans market is projected to grow from 5.71 USD Billion in 2025 to 8.3 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.81% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US beverage cans market is experiencing a robust shift towards sustainability and health-conscious offerings.

    • The market is increasingly driven by a focus on sustainability, with manufacturers adopting eco-friendly materials.
    • Innovative packaging solutions are gaining traction, enhancing consumer appeal and product differentiation.
    • Health-conscious offerings are becoming more prevalent, reflecting changing consumer preferences towards wellness.
    • The rising demand for convenience and the expansion of the craft beverage segment are key drivers of market growth.

    Market Size & Forecast

    2024 Market Size 5.5 (USD Billion)
    2035 Market Size 8.3 (USD Billion)

    Major Players

    Ball Corporation (US), Crown Holdings (US), Ardagh Group (IE), Can-Pack S.A. (PL), Silgan Holdings Inc. (US), Toyobo Co., Ltd. (JP), Nampak Ltd. (ZA), Hindalco Industries Limited (IN)

    US Beverage Cans Market Trends

    The beverage cans market is currently experiencing a dynamic transformation, driven by evolving consumer preferences and sustainability initiatives. As environmental concerns gain prominence, manufacturers are increasingly focusing on producing cans that are recyclable and made from sustainable materials. This shift not only aligns with consumer demand for eco-friendly products but also reflects a broader industry trend towards reducing carbon footprints. Additionally, the convenience of beverage cans continues to appeal to consumers, particularly in the on-the-go lifestyle that characterizes modern living. The portability and lightweight nature of cans make them a preferred choice for various beverages, from soft drinks to alcoholic beverages. Moreover, the beverage cans market is witnessing innovation in design and functionality. Companies are exploring new technologies to enhance the user experience, such as easy-open tabs and resealable options. These advancements cater to the needs of consumers who seek convenience without compromising on quality. Furthermore, the competitive landscape is intensifying, with brands striving to differentiate themselves through unique packaging and branding strategies. As the market evolves, it appears poised for growth, driven by a combination of sustainability, convenience, and innovation in product offerings.

    Sustainability Focus

    There is a notable emphasis on sustainability within the beverage cans market. Manufacturers are increasingly adopting eco-friendly practices, such as using recycled materials and reducing energy consumption during production. This trend aligns with consumer preferences for environmentally responsible products, potentially enhancing brand loyalty.

    Innovative Packaging Solutions

    The market is seeing a rise in innovative packaging solutions that enhance user experience. Features like resealable cans and easy-open tabs are becoming more common, catering to the needs of consumers who prioritize convenience. This innovation may lead to increased sales and customer satisfaction.

    Health-Conscious Offerings

    As health awareness grows, the beverage cans market is adapting by offering healthier beverage options. Brands are introducing low-calorie and functional drinks in cans, appealing to health-conscious consumers. This trend suggests a shift in product offerings to meet changing consumer demands.

    US Beverage Cans Market Drivers

    Rising Demand for Convenience

    The beverage cans market experiences a notable surge in demand driven by the increasing consumer preference for convenience. As lifestyles become busier, consumers gravitate towards ready-to-drink beverages packaged in cans, which offer portability and ease of use. This trend is particularly evident in the soft drink and energy drink segments, where the market has seen a growth rate of approximately 5% annually. The beverage cans market benefits from this shift, as manufacturers adapt their production lines to meet the rising demand for on-the-go packaging solutions. Additionally, the convenience factor extends to the retail environment, where cans are often favored for their lightweight and stackable nature, enhancing shelf space efficiency. As a result, the beverage cans market is likely to continue expanding, driven by the ongoing consumer pursuit of convenience in their beverage choices.

    Expansion of Craft Beverage Segment

    The craft beverage segment is experiencing rapid growth, significantly impacting the beverage cans market. As consumers increasingly seek unique and artisanal products, craft breweries and beverage producers are turning to cans as a preferred packaging option. This shift is attributed to the advantages of cans, including better preservation of flavor and reduced exposure to light. The beverage cans market is benefiting from this trend, as craft beverages often command higher price points, contributing to overall market revenue. Recent data indicates that the craft beer segment alone has grown by over 20% in the past year, with many craft producers opting for cans to enhance their brand visibility. This expansion not only diversifies the product offerings within the beverage cans market but also attracts a broader consumer base, further driving market growth.

    Shift Towards Eco-Friendly Materials

    The beverage cans market is witnessing a shift towards the use of eco-friendly materials, driven by increasing consumer awareness regarding environmental sustainability. Manufacturers are exploring alternatives to traditional materials, such as aluminum and steel, by incorporating recycled content into their can production. This trend is reflected in the growing market share of cans made from recycled materials, which has reached approximately 75% in recent years. The beverage cans market is adapting to this change, as companies strive to meet consumer demands for sustainable packaging options. Additionally, regulatory pressures are prompting manufacturers to adopt greener practices, further accelerating the transition towards eco-friendly materials. As consumers continue to prioritize sustainability in their purchasing decisions, the beverage cans market is likely to see continued growth in the adoption of environmentally responsible packaging solutions.

    Increased Focus on Health and Wellness

    The beverage cans market is increasingly influenced by the growing consumer focus on health and wellness. As individuals become more health-conscious, there is a rising demand for beverages that align with these values, such as low-calorie, organic, and functional drinks. This trend is evident in the beverage cans market, where manufacturers are responding by developing innovative products that cater to health-oriented consumers. Recent statistics indicate that the market for health-focused beverages has expanded by approximately 15% over the last year. Additionally, the convenience of canned beverages allows consumers to easily incorporate these healthier options into their daily routines. As the health and wellness trend continues to gain momentum, the beverage cans market is likely to see an increase in the variety of health-oriented products available in cans, further driving market growth.

    Technological Advancements in Production

    Technological innovations play a crucial role in shaping the beverage cans market. Recent advancements in manufacturing processes, such as the introduction of high-speed canning lines and automated quality control systems, have significantly improved production efficiency. These technologies enable manufacturers to reduce costs and enhance product quality, which is essential in a competitive market. For instance, the implementation of advanced coating technologies has led to better protection against corrosion and improved shelf life for canned beverages. The beverage cans market is likely to benefit from these developments, as they not only streamline operations but also allow for greater customization in can designs. Furthermore, the integration of smart technologies in production could lead to more sustainable practices, aligning with consumer expectations for environmentally friendly packaging solutions.

    Market Segment Insights

    By Materials: Aluminum (Largest) vs. Steel (Fastest-Growing)

    In the US beverage cans market, the share distribution among materials reveals that aluminum dominates the segment significantly, capturing the majority of the market. Its lightweight, durability, and recyclability make it the preferred choice for beverage producers. On the other hand, steel, although smaller in market share, is witnessing increased adoption, particularly among niche beverage markets that emphasize sturdiness and durability, thus contributing to a dynamic shift in material preferences. Growth trends for the materials segment are influenced by evolving consumer preferences and heightened awareness of sustainability. Aluminum's continuous emphasis on recycling efforts and its environmental benefits support its position as the preferred material. In contrast, steel is emerging as a preferred option for specific applications owing to its ability to provide better protection for beverages and its growing compatibility with modern canning technologies, making it the fastest-growing segment.

    Aluminum (Dominant) vs. Steel (Emerging)

    Aluminum is the dominant material in the US beverage cans market, characterized by its lightweight nature and high recyclability, contributing to its widespread acceptance among manufacturers and consumers. It provides excellent preservation for beverages while being environmentally friendly, which aligns with current consumer trends favoring sustainable packaging solutions. Conversely, steel, classified as an emerging material, has begun to capture attention due to its durability and performance in specific beverage applications, particularly for products that require enhanced protection from external factors. As manufacturers innovate and adapt to consumer preferences, both materials are poised to play crucial roles in shaping the future of the beverage cans segment.

    By Application: Carbonated Soft Drinks (Largest) vs. Alcoholic Drinks (Fastest-Growing)

    The US beverage cans market is diverse, with carbonated soft drinks holding the largest share among the various application segments. This category continues to attract consumers with its wide variety, including sodas, sparkling waters, and energy drinks, making it the dominant player in the market. Following closely are alcoholic drinks, particularly craft beers and ready-to-drink cocktails, which are experiencing a significant increase in popularity and consumer preference. Growth trends in the US beverage cans market indicate a shift towards healthier options, where fruit and vegetable juices are gaining traction alongside carbonated drinks and alcoholic beverages. The rise of wellness trends drives the demand for juices, while innovative flavors in alcoholic drinks capture interest, contributing to the market's expansion. Increased focus on sustainability and eco-friendly packaging further influences consumer choices, ultimately shaping the evolving dynamics of the market.

    Carbonated Soft Drinks (Dominant) vs. Fruit and Vegetable Juices (Emerging)

    Carbonated soft drinks represent a dominant force in the US beverage cans market, characterized by a wide array of flavors and strong brand marketing strategies. Manufacturers continuously innovate and introduce new products to cater to changing consumer preferences, leading to sustained market presence. In contrast, fruit and vegetable juices are classified as an emerging segment, gaining ground as health-conscious consumers seek natural alternatives to sugary drinks. This segment's growth is fueled by the increasing availability of organic options and greater emphasis on nutritional benefits, positioning it as a more favorable choice among health-oriented consumers. Both segments reflect broader trends in consumer behavior, yet their market positions highlight the ongoing evolution in beverage preferences.

    Get more detailed insights about US Beverage Cans Market

    Key Players and Competitive Insights

    The beverage cans market in the US is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Ball Corporation (US), Crown Holdings (US), and Ardagh Group (IE) are actively pursuing strategies that emphasize technological advancements and eco-friendly practices. Ball Corporation (US) has positioned itself as a leader in sustainable packaging solutions, focusing on lightweight can designs and increased recycling capabilities. Crown Holdings (US) is enhancing its operational efficiency through digital transformation initiatives, which aim to streamline production processes and reduce waste. Meanwhile, Ardagh Group (IE) is expanding its product portfolio to include more sustainable materials, thereby responding to consumer demand for environmentally responsible packaging.

    The market structure appears moderately fragmented, with several players vying for market share while also collaborating on sustainability initiatives. Key business tactics include localizing manufacturing to reduce transportation costs and optimizing supply chains to enhance responsiveness to market demands. This collective approach among major companies fosters a competitive environment where innovation and sustainability are paramount, potentially reshaping consumer preferences and industry standards.

    In September 2025, Ball Corporation (US) announced a partnership with a leading recycling technology firm to develop advanced sorting technologies for aluminum cans. This strategic move is likely to enhance the efficiency of recycling processes, thereby supporting the company's commitment to sustainability and reducing its carbon footprint. By investing in such technologies, Ball Corporation (US) not only strengthens its market position but also aligns with the growing consumer expectation for environmentally friendly practices.

    In October 2025, Crown Holdings (US) unveiled a new line of beverage cans made from 100% recycled aluminum. This initiative underscores the company's dedication to sustainability and positions it favorably in a market increasingly driven by eco-conscious consumers. The introduction of this product line may enhance Crown Holdings' competitive edge, as it caters to the rising demand for sustainable packaging solutions.

    In August 2025, Ardagh Group (IE) expanded its manufacturing capabilities in the US by investing in a new facility dedicated to producing lightweight cans. This strategic expansion is indicative of the company's focus on innovation and efficiency, as lightweight cans not only reduce material usage but also lower transportation costs. Such investments are likely to bolster Ardagh Group's market presence and enhance its ability to meet the evolving needs of beverage manufacturers.

    As of November 2025, the competitive trends in the beverage cans market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances among key players are shaping the landscape, fostering collaboration on sustainability initiatives and technological advancements. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident, suggesting that companies that prioritize these areas will likely achieve a competitive advantage in the evolving market.

    Key Companies in the US Beverage Cans Market market include

    Industry Developments

    The US Beverage Cans Market has witnessed significant developments in recent months, marked by rising demand for sustainable packaging solutions. Companies such as Ball Corporation and Crown Holdings have been actively expanding their production capacities to accommodate the growing interest in aluminum cans due to their recyclability. In September 2023, a noteworthy acquisition occurred when Crown Holdings announced its agreement to acquire a smaller packaging firm, enhancing its operational capabilities in the beverage container sector. Additionally, Silgan Holdings has reported a 15% increase in its Q3 revenues compared to the previous year, driven primarily by surging demand in beverage cans.

    The trend towards sustainability is further reflected in Italmatch Chemicals' strategic initiatives aimed at developing eco-friendly coatings for canning. The US market is also witnessing innovations with companies like Ardagh Group investing in advanced manufacturing technologies to meet evolving consumer preferences. Over the past two to three years, the sector has experienced steady growth, aided by trends favoring cans over traditional plastic packaging. As environmental concerns escalate, it is expected that more companies in the market will pursue eco-conscious practices, thereby shaping the industry's future direction.

    Future Outlook

    US Beverage Cans Market Future Outlook

    The beverage cans market is projected to grow at 3.81% CAGR from 2024 to 2035, driven by sustainability trends, increased demand for convenience, and innovation in materials.

    New opportunities lie in:

    • Expansion of aluminum can recycling programs
    • Development of smart beverage cans with integrated technology
    • Investment in lightweight can designs to reduce shipping costs

    By 2035, the beverage cans market is expected to achieve robust growth and enhanced sustainability.

    Market Segmentation

    US Beverage Cans Market Materials Outlook

    • Aluminum
    • Steel

    US Beverage Cans Market Application Outlook

    • Carbonated soft drinks
    • Alcoholic drinks
    • Fruit and vegetable juices
    • Others

    Report Scope

    MARKET SIZE 2024 5.5(USD Billion)
    MARKET SIZE 2025 5.71(USD Billion)
    MARKET SIZE 2035 8.3(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.81% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Ball Corporation (US), Crown Holdings (US), Ardagh Group (IE), Can-Pack S.A. (PL), Silgan Holdings Inc. (US), Toyobo Co., Ltd. (JP), Nampak Ltd. (ZA), Hindalco Industries Limited (IN)
    Segments Covered Materials, Application
    Key Market Opportunities Growing demand for sustainable packaging solutions drives innovation in the beverage cans market.
    Key Market Dynamics Rising demand for sustainable packaging drives innovation and competition in the beverage cans market.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Beverage Cans Market in 2024?

    The US Beverage Cans Market is expected to be valued at 5.8 billion USD in 2024.

    What will be the market size of the US Beverage Cans Market by 2035?

    The market size is projected to reach 9.5 billion USD by the year 2035.

    What is the compound annual growth rate (CAGR) for the US Beverage Cans Market from 2025 to 2035?

    The CAGR for the US Beverage Cans Market is expected to be 4.588% from 2025 to 2035.

    Which materials dominate the US Beverage Cans Market?

    The market is primarily divided into aluminum and steel, with aluminum leading the segment.

    How much is the aluminum segment valued in 2024?

    The aluminum segment is valued at 4.3 billion USD in 2024.

    What is the projected market value for steel in the US Beverage Cans Market by 2024?

    The steel segment of the market is expected to be valued at 1.5 billion USD in 2024.

    Who are the key players in the US Beverage Cans Market?

    Major players include Crown Holdings, Ball Corporation, and Ardagh Group among others.

    What is the expected value of the aluminum segment in 2035?

    The aluminum segment is expected to grow to 7.0 billion USD by 2035.

    What will be the market value for steel in the US Beverage Cans Market by 2035?

    The steel segment is projected to reach a value of 2.5 billion USD by 2035.

    What are the key drivers for growth in the US Beverage Cans Market?

    Growth drivers include increased consumer demand for sustainable packaging and a rise in beverage consumption.

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