Beverage Cans Market is estimated to be US$ 33.85 billion by 2030 with a CAGR of 5.8% during the forecast period.
The global beverage cans market is expected to grow at a significant rate due to increased demand for aerated drinks and increased consumption of packaged juices. Consumers are leading better lifestyles, which is driving demand for beverage cans containing vegetable and fruit juices, as well as caffeine-based beverages like coffee and iced tea. Furthermore, the growth of the beverage cans market can be ascribed to an increase in the consumption of alcoholic beverages, including as beer and cider, which require precise cooling temperatures to improve their taste. The beverage cans market is projected to be restrained by changes in raw material prices and the complexity of manufacturing steel beverage cans. With consumers becoming more health-conscious around the world, beverage makers are upgrading and inventing products with an emphasis on natural, low-calorie, and low-sugar ingredients like stevia. This is likely to bring in an influx of health-conscious customers. Due to the COVI