The US Beverage Cans Market Size was estimated at 5.4 (USD Billion) in 2023. The US Beverage Cans Market is expected to grow from 5.8(USD Billion) in 2024 to 9.5 (USD Billion) by 2035. The US Beverage Cans Market CAGR (growth rate) is expected to be around 4.588% during the forecast period (2025 - 2035).
The US Beverage Cans Market is influenced by several key market drivers, including the growing preference for lightweight and recyclable packaging among consumers. This shift is primarily driven by environmental concerns, which have prompted both manufacturers and consumers to favor sustainable solutions. Since the US places a strong emphasis on recycling, the beverage can's 100% recyclability presents a significant advantage, making it a preferred choice for both beverages and brands looking to align with eco-friendly practices. Additionally, the convenience factor associated with beverage cans, such as their portability and ease of use, further enhances their market appeal in a fast-paced lifestyle typical in the US.Opportunities to be explored include the increasing demand for specialty beverages, such as craft beers and health-oriented drinks. This trend has led to innovative packaging designs that cater to niche markets, allowing companies to capture consumer interest with unique flavors and branding. The surge in e-commerce and home delivery services also creates avenues for companies to reach consumers directly, while also allowing for creative packaging solutions that enhance the product experience during online purchases and deliveries. In recent times, trends such as the rise of aluminum cans over glass bottles have gained momentum, particularly due to their lighter weight, lower transportation costs, and increased shelf life.The can’s capability to maintain beverage integrity while being a sustainable option aligns well with the evolving consumer preferences towards health and wellness. Furthermore, collaborations among beverage brands and can manufacturers, aiming to create custom designs and limited edition cans, are becoming increasingly popular. This trend not only captures attention but also encourages consumer engagement and brand loyalty within the US market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Beverage Cans Market is witnessing a significant increase in demand for sustainable packaging solutions. This market driver is primarily fueled by environmental concerns and consumer preferences for eco-friendly products. According to the Environmental Protection Agency, recyclable materials accounted for nearly 35 percent of the total waste generated in the United States in 2018, demonstrating a increasing awareness among consumers.As beverage companies like Coca-Cola and Anheuser-Busch shift their focus toward sustainable packaging, including a commitment to using 100 percent recyclable materials, the demand for aluminum cans, which have a lower carbon footprint compared to plastic alternatives, is expected to rise. Additionally, the Aluminum Association's report suggests that every 2.5 kilograms of aluminum recycled saves around 5 kilograms of carbon dioxide emissions, underscoring the potential environmental benefits associated with aluminum beverage cans.As a result, the US Beverage Cans Market Industry is projected to grow rapidly in response to these sustainability initiatives.
The US Beverage Cans Market Industry is significantly impacted by the rising popularity of ready-to-drink (RTD) beverages, particularly in the alcoholic and non-alcoholic segments. The National Beer Wholesalers Association reported that the RTD cocktail market grew by 200 percent from 2020 to 2021, indicating a strong consumer preference for convenience. This growth is further supported by the increasing trends in health and wellness as consumers seek ready-to-drink options with fewer calories.Companies like Diageo have recognized this shift and expanded their RTD product lines, contributing to the demand for beverage cans. As more beverage manufacturers enter this market segment, the demand for cans for packaging these drinks is expected to increase, further driving growth in the US Beverage Cans Market Industry.
Innovative can designs and new product offerings are emerging as crucial market drivers for the US Beverage Cans Market Industry. The advent of new technologies in can manufacturing, such as lightweighting and unique shapes, has allowed companies like Ball Corporation to create cans that stand out on store shelves and improve product visibility. Furthermore, the Craft Beverage Industry is thriving, with the Brewers Association indicating that there were over 8,000 breweries operating in the United States in 2021, leading to an explosion of unique craft beer offerings.This has prompted breweries to embrace canning as a preferred packaging option for their products. As innovation continues in can designs and functionalities, it is expected to enhance the appeal of beverage cans, stimulating the overall growth of the US Beverage Cans Market Industry.
The US Beverage Cans Market has shown notable evolution, particularly in the Material segment, which plays a crucial role in market dynamics and revenue generation. Aluminum and steel are the primary materials utilized in the production of beverage cans, each offering unique benefits that cater to the evolving needs of consumers and manufacturers. Aluminum, widely recognized for its lightweight properties, promotes energy efficiency during transportation and contributes to lower overall shipping costs. Furthermore, it has the innate ability to maintain the freshness and flavor of beverages, making it particularly desirable for soft drinks and alcoholic beverages. The recyclable nature of aluminum also aligns with increasing consumer consciousness regarding sustainability, leading to higher demand in various sectors. Steel, on the other hand, has established its significance within the Beverage Cans Market due to its durability and strength. It provides a reliable barrier against external elements, ensuring the protection of contents. As sustainability becomes a focal point in manufacturing processes, the recyclability of steel has made it a pivotal player, capturing a demographic that prioritizes eco-friendliness alongside product integrity. The balance between quality and environmental responsibility has made both materials indispensable in the industry. Innovation continues to characterize the Material segment, with advancements such as lightweight can designs and improved coatings that enhance performance and reduce costs. These advances cater to the growing trend of lightweighting in packaging, which drives efficiency from production to distribution. The accessibility of recycling infrastructure in the US further supports the beverage can industry's growth, ensuring materials are reused effectively within a circular economy. As consumer preferences evolve, the US Beverage Cans Market data reflects a shift towards materials that combine performance with sustainability, influencing market growth and the segmentation strategy of manufacturers. Each material segment operates under unique market statistics, where aluminum typically accounts for a significant market share due to its versatile applications and manufacturing efficiencies, while steel remains a strong competitor with valuable attributes that appeal to a conscious consumer base. The interplay of these materials will continue to shape the overall success and trajectory of the industry, aligning with broader market trends focused on sustainability, efficiency, and consumer engagement within the US.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Application segment of the US Beverage Cans Market illustrates a diverse landscape characterized by strong consumer preferences and a growing emphasis on sustainability. Carbonated Soft Drinks, a staple in American households, continue to be a dominant driver in the market, thanks to consistent demand and innovative flavor offerings. Alcoholic Beverages, particularly craft beers and ready-to-drink cocktails, have gained significant traction, capitalizing on the trend towards premiumization among consumers. Meanwhile, the Fruit and Vegetable Juices category has seen a resurgence as health-conscious individuals gravitate towards natural and nutrient-rich options, aligning with the broader wellness movement in the United States.Other beverages in the market also contribute to the segmentation, encompassing a variety of drinks that cater to niche preferences and lifestyle trends. The growing emphasis on eco-friendly packaging solutions plays a crucial role in shaping consumer choices, particularly among younger demographics, further fueling market growth opportunities. Overall, the Application segment reflects a dynamic interplay of consumer habits, regulatory influences, and emerging trends that underscore its importance within the US Beverage Cans Market industry.
The US Beverage Cans Market is characterized by a competitive landscape that underscores the significance of innovative packaging solutions, sustainability, and consumer preferences. This market experiences dynamic shifts driven by the growing demand for convenient and environmentally friendly packaging, leading to increased competition among leading manufacturers. The emerging trends in lightweight materials, recycling initiatives, and advancements in production processes are reshaping the market dynamics, compelling companies to enhance their product offerings and establish strategic collaborations. Additionally, the focus on reducing carbon footprints and enhancing operational efficiencies has become integral in maintaining a competitive edge within this sector, making it imperative for companies to adapt quickly to market demands.Italmatch Chemicals has established a commendable presence in the US Beverage Cans Market through its specialized chemical solutions that cater to coating additives and other related applications. The company’s strengths lie in its innovative approach to developing materials that improve the performance and functionality of beverage cans while also addressing sustainability aspects. Italmatch Chemicals focuses on providing eco-friendly and high-performance products, enabling beverage can manufacturers to meet stringent regulatory requirements and consumer expectations for sustainable packaging. With a commitment to quality and technological advancement, the company positions itself as a key player capable of adding value throughout the supply chain in the beverage can production process.Crown Holdings remains a formidable force in the US Beverage Cans Market, renowned for its extensive range of metal packaging solutions. The company specializes in manufacturing beverage cans for both alcoholic and non-alcoholic beverages, offering products that include aluminum and steel cans. Crown Holdings is recognized for its commitment to sustainability and innovation, responding to the increasing consumer demand for recyclable and reusable packaging. Through strategic mergers and acquisitions, the company has amplified its operational capabilities and market reach, thereby enhancing its competitive stance. Crown Holdings leverages its technological expertise to produce lightweight, durable, and aesthetically appealing cans, further strengthening its market presence. Its robust distribution network enables efficient delivery of products to manufacturers, ensuring that the company remains a leader in the beverage can segment across the US region.
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.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 5.4(USD Billion) |
| MARKET SIZE 2024 | 5.8(USD Billion) |
| MARKET SIZE 2035 | 9.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.588% (2025 - 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 | Italmatch Chemicals, Crown Holdings, Rexam, Winston Packaging, Ardagh Group, Mondi Group, Grainger, Silgan Holdings, Novelis, Cylindrical Packaging, Continental Structural Plastics, Jotul North America, CanPack, Ball Corporation, CoorsTek |
| SEGMENTS COVERED | Material, Application |
| KEY MARKET OPPORTUNITIES | Sustainable packaging innovations, Increased demand for craft beverages, E-commerce growth for beverage sales, Advancements in aluminum recycling, Expansion of beverage can sizes |
| KEY MARKET DYNAMICS | sustainability in packaging, increasing aluminum prices, rising demand for craft beverages, convenience and portability trends, competitive landscape pressures |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Beverage Cans Market is expected to be valued at 5.8 billion USD in 2024.
The market size is projected to reach 9.5 billion USD by the year 2035.
The CAGR for the US Beverage Cans Market is expected to be 4.588% from 2025 to 2035.
The market is primarily divided into aluminum and steel, with aluminum leading the segment.
The aluminum segment is valued at 4.3 billion USD in 2024.
The steel segment of the market is expected to be valued at 1.5 billion USD in 2024.
Major players include Crown Holdings, Ball Corporation, and Ardagh Group among others.
The aluminum segment is expected to grow to 7.0 billion USD by 2035.
The steel segment is projected to reach a value of 2.5 billion USD by 2035.
Growth drivers include increased consumer demand for sustainable packaging and a rise in beverage consumption.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
