Europe Food and Beverage Metal Cans Market Size Set to Cross USD 22 Billion by 2030

Published | 17 December 2024

Europe Food and Beverage Metal Cans Market is flourishing due to an increasing preference for convenience and ready to eat (RTE) food products and favorable characteristics of metal cans for packaging a wide range of perishable and non-perishable goods.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated that Europe Food and Beverage Metal Cans Market size was worth USD 18.47 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Europe Food and Beverage Metal Cans Market size to grow at a CAGR of 3.10% reaching USD 22.2 billion by 2030. Major growth factors for Europe Food and Beverage Metal Cans Market include increasing consumption of packaged, canned, and processed food and beverages, rapid adoption of innovative technologies in packaging, and developing infrastructure for the recycling of discarded metal packaging products.

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Opportunity - Growing Focus on Sustainable Metal Packaging

An increasing focus on the recycling of metal cans, owing to their sustainability and ability to be recycled infinitely without losing quality, is a major factor supporting the use of metal cans across the application industries. Europe is a highly developed region for both alcoholic and non-alcoholic beverages, particularly beer. The thriving Europe Beer Market is expected to continue to drive Europe Food and Beverage Metal Cans Market during the period in analysis as well.

Beverages Segment Holds Major Share in Market by Application

The beverages segment accounts for a larger market share of Europe Food and Beverage Metal Cans Market by application. The ability of metal cans to hold beverages without leakage, spoilage, and contamination is a major growth factor for the market. An increasing demand for packaged beverages across Europe is further supporting the market growth. An increasing focus of the young population on packaged beverages is also one of the major factors boosting the growth. Many regular consumers of canned foods choose the products due to the convenience offered by metal cans and lower cost of the products.

Impact of Escalating Geopolitical Tensions on Europe Food and Beverage Metal Cans Market

Intensifying geopolitical tensions among countries, especially the prolonging Russia-Ukraine war further spreading across and beyond the region, could impact the growth of Europe Food and Beverage Metal Cans Market. Trade, economic, and political tensions caused sanctions on many manufacturing industries in the concerned countries. It is anticipated to affect the prime supply chain in the market.

Germany Leads Europe Canned Food Market

Germany holds a significant market share in Europe Food and Beverage Metal Cans Market. In addition, the country is projected to maintain its leadership position in the market, as it is the leading producer of beer in Europe. Beer manufacturers are major users of metal cans. The highly developed infrastructure of the packaging industry and its subsequent recycling industry is supporting the growth of metal cans in the country market.

Competitive Landscape

Europe Food and Beverage Metal Cans Market is highly fragmented with the presence of various small and medium-sized players. Metal cans manufacturers are also making strategic efforts to expand their production capacities and geographical footprints along with the increase in the profit share in the regional market. Major market participants in Europe Food and Beverage Metal Cans Market include Ball Corporation, Ardagh Group, Crown Holdings, Inc., Silgan Holdings Inc., CAN-PACK SA, Massilly Holding SAS, Massilly Holding,      HUBER Packaging Group, Blechwarenfabrik Limburg, and P. Wilkinson Containers Ltd.

Don’t miss the business opportunity of the Europe Food and Beverage Metal Cans Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the Europe Food and Beverage Metal Cans Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Europe Food and Beverage Metal Cans Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Scope of the Report

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