- The increasing consumption of beverages significantly drives the global beverage can ends market, fueled by a growing preference for convenient and portable drink options
- According to the 2023 National Survey on Drug Use and Health (NSDUH), approximately 177.3 million individuals aged 12 and older reported alcohol consumption in the past year. Such high level of alcohol consumption underscores a substantial demand for beverage cans, particularly in the alcoholic drinks sector
- As consumer preferences shift towards ready-to-drink and convenient packaging, manufacturers are focusing on innovative can end solutions, such as easy-open and resealable designs, to cater to this rising demand
- This trend highlights the crucial role that beverage can ends play in the expanding market, driven by both convenience and the increasing variety of beverage options available to consumers
- North America dominated the beverage can ends market with the largest revenue share of 39.47% in 2024, driven by a high demand for sustainable, lightweight, and easily recyclable packaging solutions across carbonated drinks, energy beverages, and alcoholic products
- Asia-Pacific is poised to grow at the fastest CAGR of 9.48% from 2025 to 2032, driven by urbanization, rising disposable incomes, and high consumption of canned beverages in countries such as China, Japan, and India
- The Stay-on-tab segment dominated the beverage can ends market with the largest revenue share of 46.8% in 2024, owing to its widespread use across carbonated soft drinks and beer packaging
