Europe Canned Beverages Market by Product Type (Alcoholic Beverages, Dairy-based Beverages, Sports & Energy Drinks, RTD Coffee & Tea, Fruits & Vegetable Juices, Others), by Forecast 2024-2032
The Europe Canned Beverages Market size was valued at USD 154.48 USD Billion in 2023 and is projected to reach USD 286.59 USD Billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period. The canned beverage market in Europe comprises an equally diversified product range which includes carbonated soft drinks, energy drinks, fruit juices, ready-made tea and coffee as well as beer and cider, offered in metal cans. Ready-to-drink cans satisfy people’s demand for more convenient, easy to carry and longer storage capacity than bottled beverages. The likes of simple-to-open lids and re-sealable containers are just some of the innovations that contribute to the fast growth rate within the food can market. Having the dive impact of the COVID-19 pandemic on sales, however, the market is likely to experience slow but steady growth over the next few years. However, the choice of packaging that is recyclable is also the safest solution for beverages to enter and contribute to the growth of the market.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.23% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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