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In 2022, the market for metal containers was projected to be worth $51 billion. During the forecast period (2023 - 2030), the metal cans market is expected to expand from 2023's USD 53 billion to 2030's USD 76 billion, representing a CAGR of 4.00%. Market development is being fueled in large part by the increasing popularity of metal cans, which are used for both alcoholic and nonalcoholic beverage packaging.
Over the forecast period, the market is likely to be led by the rising demand for packaged food goods due to consumers' changing lifestyles and the increased awareness and concerns among the population for use of non-carcinogenic packaging materials. The research, titled "Global Metal Cans Market," is a comprehensive analysis of the industry worldwide. Key market segments, trends, drivers, restraints, competitive landscape, and other factors with significant impact are all dissected in detail in the report.
Metal cans serve as containers for a variety of products. Products as diverse as food and drink, oil, chemicals, and more are all candidates for packing in these metal cans. It's made from of metals like steel and tin or aluminum. Metal cans have a hermetic seal on the lid, are durable during shipping and handling, and are simple to recycle. It has numerous uses in the food and drink business.
Food, drink, oil, chemicals, etc. are all commonly stored in metal cans. The lightweight and sturdiness of metal cans makes them ideal for stacking. With rising demand for metal cans, this report seeks to examine the current and predicted developments of the global industry. The research offers a deep dive into the market potential across multiple business verticals. This research focuses on the potential of the world's growing economies so that businesses can tailor their strategies to individual markets.
As people's disposable incomes and lifestyles rise, they are more likely to choose for convenience foods like canned drinks. This is one of the primary forces propelling the worldwide metal cans industry. In addition, as consumers' awareness of environmental issues grows, manufacturers are shifting their focus to the production of recyclable metal cans, which have a greater recycle rate and so constitute a key factor in the expansion of the metal can industry. However, market expansion is hampered by the ever-changing cost of inputs like aluminum and steel. Competition from less expensive packaging options, such as paper and plastic, is also projected to slow the market. In order to stay ahead of the competition, companies are investing heavily in the research and development of new products employing cutting-edge technology. In addition, efforts are being made to increase the recyclability rate of metal cans by the makers of metal cans. The global market for metal cans stands to benefit from the aforementioned trends.
The rising need for packaging systems for alcoholic and non-alcoholic beverages is a major factor propelling the metal cans market. Because of its long lifespan, low weight, and ease of recycling, metal cans are commonly used for packaging beer, soft drinks, energy drinks, and other beverages. Aluminum and steel, the metals used to make cans, are recyclable indefinitely without degrading. This makes metal cans an environmentally favorable packaging choice for beverages, and it also aids in lowering the beverage industry's overall carbon footprint.
The expansion of the metal cans market is anticipated to be driven by the rising demand for ready-to-drink beverages such as tinned coffee, tea, and energy drinks. The demand for metal cans is predicted to rise in tandem with the expansion of the craft beer market and the rising popularity of wine sold in cans. As a result, the Metal Cans industry growth rate has been boosted by such factors worldwide.
Report Coverage
Global Metal Cans research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Metal Cans report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Metal Cans competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Metal Cans market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Metal Cans market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Metal Cans market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ardagh Group S.A, (Luxemburg), CPMC Holdings Limited (China), Toyo Seikan Group Holdings Ltd. (Japan), Can-One Berhad (Malaysia), CANPACK (Poland), Ball Corporation (U.S.), Envases (Spain), Universal Can Corporation (Japan), Interpack Group Inc. (China), GZI Industries Limited (Nigeria), Showa Denko K.K (Japan), Swan Industries (Thailand) company Limited (Thailand), Nampak Ltd (South Africa), The Olayan Group (Liechtenstein), Techpack Solutions (South Korea), Orora Packaging Australia Pty Ltd (Australia), MSCANCO (Germany), Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka), Jiangsu Baosteel Metal Product Co.,LTD. (China), Asia Packaging (Vietnam), Silgan Holdings Inc., (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Metal Cans market based on the below-mentioned segments:
Global Metal Cans Market, By Type
Two Piece Metal Can
Three Piece Metal Can
Global Metal Cans market, By Application
Food
Beverage
Others
Global Metal Cans Market, By Material
Aluminum
Steel
Tin
Global Metal Cans market, Regional Analysis
Over the forecast period, the market is likely to be led by the rising demand for packaged food goods due to consumers' changing lifestyles and the increased awareness and concerns among the population for use of non-carcinogenic packaging materials. The research, titled "Global Metal Cans Market," is a comprehensive analysis of the industry worldwide. Key market segments, trends, drivers, restraints, competitive landscape, and other factors with significant impact are all dissected in detail in the report.
Metal cans serve as containers for a variety of products. Products as diverse as food and drink, oil, chemicals, and more are all candidates for packing in these metal cans. It's made from of metals like steel and tin or aluminum. Metal cans have a hermetic seal on the lid, are durable during shipping and handling, and are simple to recycle. It has numerous uses in the food and drink business.
Food, drink, oil, chemicals, etc. are all commonly stored in metal cans. The lightweight and sturdiness of metal cans makes them ideal for stacking. With rising demand for metal cans, this report seeks to examine the current and predicted developments of the global industry. The research offers a deep dive into the market potential across multiple business verticals. This research focuses on the potential of the world's growing economies so that businesses can tailor their strategies to individual markets.
As people's disposable incomes and lifestyles rise, they are more likely to choose for convenience foods like canned drinks. This is one of the primary forces propelling the worldwide metal cans industry. In addition, as consumers' awareness of environmental issues grows, manufacturers are shifting their focus to the production of recyclable metal cans, which have a greater recycle rate and so constitute a key factor in the expansion of the metal can industry. However, market expansion is hampered by the ever-changing cost of inputs like aluminum and steel. Competition from less expensive packaging options, such as paper and plastic, is also projected to slow the market. In order to stay ahead of the competition, companies are investing heavily in the research and development of new products employing cutting-edge technology. In addition, efforts are being made to increase the recyclability rate of metal cans by the makers of metal cans. The global market for metal cans stands to benefit from the aforementioned trends.
The rising need for packaging systems for alcoholic and non-alcoholic beverages is a major factor propelling the metal cans market. Because of its long lifespan, low weight, and ease of recycling, metal cans are commonly used for packaging beer, soft drinks, energy drinks, and other beverages. Aluminum and steel, the metals used to make cans, are recyclable indefinitely without degrading. This makes metal cans an environmentally favorable packaging choice for beverages, and it also aids in lowering the beverage industry's overall carbon footprint.
The expansion of the metal cans market is anticipated to be driven by the rising demand for ready-to-drink beverages such as tinned coffee, tea, and energy drinks. The demand for metal cans is predicted to rise in tandem with the expansion of the craft beer market and the rising popularity of wine sold in cans. As a result, the Metal Cans industry growth rate has been boosted by such factors worldwide.
Report Coverage
Global Metal Cans research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Metal Cans report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Metal Cans competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Metal Cans market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ardagh Group S.A, (Luxemburg), CPMC Holdings Limited (China), Toyo Seikan Group Holdings Ltd. (Japan), Can-One Berhad (Malaysia), CANPACK (Poland), Ball Corporation (U.S.), Envases (Spain), Universal Can Corporation (Japan), Interpack Group Inc. (China), GZI Industries Limited (Nigeria), Showa Denko K.K (Japan), Swan Industries (Thailand) company Limited (Thailand), Nampak Ltd (South Africa), The Olayan Group (Liechtenstein), Techpack Solutions (South Korea), Orora Packaging Australia Pty Ltd (Australia), MSCANCO (Germany), Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka), Jiangsu Baosteel Metal Product Co.,LTD. (China), Asia Packaging (Vietnam), Silgan Holdings Inc., (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Metal Cans Market from 2021 to 2030.
- Market Forecast for Metal Cans Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Metal Cans competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Metal Cans
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Metal Cans market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Metal Cans market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ardagh Group S.A, (Luxemburg), CPMC Holdings Limited (China), Toyo Seikan Group Holdings Ltd. (Japan), Can-One Berhad (Malaysia), CANPACK (Poland), Ball Corporation (U.S.), Envases (Spain), Universal Can Corporation (Japan), Interpack Group Inc. (China), GZI Industries Limited (Nigeria), Showa Denko K.K (Japan), Swan Industries (Thailand) company Limited (Thailand), Nampak Ltd (South Africa), The Olayan Group (Liechtenstein), Techpack Solutions (South Korea), Orora Packaging Australia Pty Ltd (Australia), MSCANCO (Germany), Ceylon Beverage Can (Pvt) Ltd. (Sri Lanka), Jiangsu Baosteel Metal Product Co.,LTD. (China), Asia Packaging (Vietnam), Silgan Holdings Inc., (U.S.)
Primary Target Market
- Market Players of Metal Cans
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Metal Cans market based on the below-mentioned segments:
Global Metal Cans Market, By Type
Two Piece Metal Can
Three Piece Metal Can
Global Metal Cans market, By Application
Food
Beverage
Others
Global Metal Cans Market, By Material
Aluminum
Steel
Tin
Global Metal Cans market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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