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Metal Cans Market Size & Share, By Material (Aluminum, Steel), Product, Closure Type, Application, Regional Forecast, Industry Players, Growth Statistics Report 2023-2030

Report ID: FBI 1400


Published Date: Sep-2023


Format : PDF, Excel

Market Outlook:

Metal Cans Market size surpassed USD 62.09 Billion in 2022 and is poised to reach USD 116.05 Billion, growing at over 7.13% CAGR between 2023 and 2030. Metal cans are widely used in various industries, including food and beverage, pharmaceuticals, personal care, and others, due to their durability, recyclability, and superior resistance to environmental factors. The market valuation of the metal cans industry has been consistently increasing due to the growing demand for packaged goods across the globe.

Base Year Value (2022)

USD 62.09 Billion

18-23 x.x %
24-33 x.x %

CAGR (2023-2030)


18-23 x.x %
24-33 x.x %

Forecast Year Value (2030)

USD 116.05 Billion

18-23 x.x %
24-33 x.x %
Metal Cans Market

Historical Data Period


Metal Cans Market

Largest Region

North America

Metal Cans Market

Forecast Period


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Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing Demand for Packaged Food and Beverages: The rising consumption of packaged food and beverages, driven by changing lifestyles and busy schedules, is one of the primary growth drivers for the metal cans market. Metal cans provide protection and preservation for these perishable products, contributing to their increased demand.

2. Sustainability and Environmental Concerns: Metal cans are highly regarded for their recyclability and low environmental impact compared to other packaging materials. The increasing awareness and emphasis on sustainable packaging solutions have boosted the demand for metal cans in various industries, positioning them as a favorable option among environmentally conscious consumers.

3. Technological Advancements: Ongoing advancements in manufacturing processes and technologies have improved the overall quality, versatility, and cost-effectiveness of metal cans. These advancements have led to the development of innovative metal cans with enhanced features, such as resealable lids and easy-open systems, further driving market growth.


Industry Restraints & Challenges:

Report Scope

Report CoverageDetails
Segments CoveredMaterial, Product, Closure Type, Application, Region
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAmcor, Ardagh Packaging Group Plc., Bail, BWAY, CPMC Holdings., Crown Holdings, Kian Joo Group, Rexam Plc., Siligan Containers, Sonoco Phoenix

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1. Competition from Alternative Packaging Formats: Despite the numerous advantages of metal cans, the market faces competition from alternative packaging formats like plastic containers, glass bottles, and flexible packaging. The versatility and customization options offered by these alternatives pose a challenge to the growth of the metal cans market.

2. Fluctuating Raw Material Prices: The metal cans industry heavily relies on raw materials such as aluminum and steel, the prices of which are subject to fluctuations in the global market. Variations in raw material prices can impact manufacturing costs and overall profitability, posing a challenge for market players.

3. Regulatory Compliance: The metal cans industry is subject to stringent regulations related to food safety, health, and environmental standards. Adhering to these regulations and ensuring compliance can be both time-consuming and costly, adding to the challenges faced by market participants.

Despite these challenges, the metal cans market is projected to witness steady growth, driven by the increasing consumer demand for secure and sustainable packaging solutions. The market players are expected to focus on product innovation, strategic partnerships, and geographical expansion to maintain a competitive edge in the global market.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Metal Cans Market
Metal Cans Market

Regional Forecast:

The metal cans market is expected to witness substantial growth across different regions. This section provides a detailed analysis of the market forecast for North America, Asia Pacific, and Europe.

North America:

North America is anticipated to dominate the metal cans market during the forecast period. The region's market growth can be attributed to the high demand for canned food and beverages, particularly in the United States. The presence of key market players, advancements in manufacturing technologies, and increasing consumer preference for convenient packaging solutions contribute to the region's market dominance.

Asia Pacific:

The Asia Pacific metal cans market is projected to witness significant growth in the coming years. Rapid urbanization, changing consumer lifestyles, and increasing disposable income are driving the demand for packaged food and beverages in countries such as China, India, and Japan. Additionally, the growing adoption of metal cans in the cosmetics and personal care industry further fuels market growth in the region.


Europe is expected to hold a substantial share in the metal cans market, owing to the increasing consumption of canned fruits, vegetables, and beverages. The region's stringent government regulations on food safety and hygiene have emphasized the need for sustainable packaging solutions, thereby boosting the demand for metal cans. Moreover, the presence of prominent market players and the rising trend of on-the-go meals contribute to the region's market growth.

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Segmentation Analysis:

The metal cans market can be segmented based on material type, can type, application, and end-use.

Material Type:

Among the various material types used in metal can manufacturing, steel accounts for a significant share in the market. Steel cans are widely preferred due to their robustness, recyclability, and cost-effectiveness. These cans find extensive applications in the food and beverage industry, especially for packaging canned vegetables, fruits, and beverages.

Can Type:

In the metal cans market, two-piece cans hold a substantial share. These cans are manufactured by joining two components - a body and a lid. The body component is typically made of tin-plated steel or aluminum, while the lid is made of aluminum. Two-piece cans are widely used for packaging beverages, such as carbonated soft drinks and beers, due to their excellent sealing properties and tamper-evident nature.


Food packaging is a prominent application segment of the metal cans market. The ability of metal cans to preserve food quality, extend shelf life, and protect against external contaminants makes them ideal for packaging different food products. Canned seafood is a sub-segment of the food packaging application that witnesses significant demand. The use of metal cans ensures the retention of the seafood's taste, texture, and nutritional value, making it a preferred choice for consumers.


Among the various end-use industries of metal cans, the beverages industry holds a prominent market share. Metal cans provide a reliable and convenient packaging solution for carbonated soft drinks, energy drinks, beer, and other non-alcoholic beverages. The sub-segment of metal cans used for packaging alcoholic beverages, such as beer, stands out due to its robust market demand. The ability of metal cans to protect the alcoholic beverages from light, oxygen, and moisture ensures the maintenance of product quality and flavor.

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Competitive Landscape:

The competitive landscape of the metal cans market is characterized by the presence of several key players. These players focus on strategic initiatives such as mergers and acquisitions, product launches, and partnerships to strengthen their market position. Some of the prominent market players in the metal cans industry include:

1. Crown Holdings Inc.

2. Ball Corporation

3. Ardagh Group

4. Silgan Containers Corporation

5. Can-Pack S.A.

These market players strive to offer innovative and sustainable metal can packaging solutions to cater to the diverse needs of various end-use industries. They invest in research and development activities to enhance the performance and functionality of metal cans, ensuring customer satisfaction and brand loyalty. Additionally, these players actively participate in sustainability initiatives, focusing on reducing the environmental impact of metal can manufacturing and promoting eco-friendly packaging alternatives.

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Metal Cans Market Size & Share, By Material (Alumi...

RD Code : 24