The Asia Pacific aluminium cans market size reached US$ 11.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 11.4 Billion
Market Forecast in 2032
US$ 17.8 Billion
Market Growth Rate (2024-2032)
4.9%
Aluminium cans are metal containers used for packaging food and beverages. They are extensively used for packing products like oils, chemicals, and other liquids. Aluminium cans are lightweight, strong, affordable, consistent, and have exceptional barriers against air, light and moisture. They are also easy to transport and store, and provide better physical characteristics than glass and plastic containers.
The Asia Pacific aluminium cans market is primarily driven by the fast-moving lifestyle and growing demand for canned and on-the-go-food items. Besides this, with the inflating disposable incomes and increasing demand for accessible and transportable food and beverages, the usage of aluminium cans has escalated as they can easily support the carbonation pressure required to package soda and withstand pressures of up to 90 pounds per square inch. Furthermore, with the growing environmental concerns, aluminium cans are widely being used as they can be recycled endlessly without loss of quality or strength.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aluminium cans market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on application.
Breakup by Application:
Beverages
Food
Others
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Application, Country
Countries Covered
China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Asia Pacific aluminium cans market was valued at US$ 11.4 Billion in 2023.
We expect the Asia Pacific aluminium cans market to exhibit a CAGR of 4.9% during 2024-2032.
The rising consumer environmental concerns, along with the growing demand for aluminium cans as they offer numerous benefits, such as easy recyclability, lightweight nature, high strength, better affordability, etc., are primarily driving the Asia Pacific aluminium cans market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several Asia Pacific nations, resulting in the temporary closure of various end-use industries for aluminium cans.
Based on the application, the Asia Pacific aluminium cans market can be segmented into beverages, food, and others. Currently, beverages hold the majority of the total market share.
On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others, where China currently dominates the Asia Pacific aluminium cans market.
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