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Metal Cans Industry Expected to Grow at CAGR of Over The Forecast Period

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The economic value generated by the Metal Cans industry was estimated at approximately USD 61.7 billion in 2021.

Metal Cans Industry Data Book Covers Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Markets.

The economic value generated by theMetal Cans industrywas estimated at approximately USD 61.7 billion in 2021.

Grand View Researchs Metal Cans industry data book is a collection of market sizing information forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.

Beverage Cans MarketInsights

The global beverage cans market size was estimated at USD 39,207.7 million in 2022 and is expected to expand at a compounded annual growth rate (CAGR) of 5.3% from 2023 to 2030.

The aluminum segment is leading the market with a maximum volume share of 95.1% in 2021 and the segment is projected to maintain its dominance throughout the forecast timeframe from 2023 to 2030. The segment is also projected to maintain its fastest revenue growth with a CAGR of 5.4% over the forecast period owing to the benefits associated with aluminum.

According to a study by ICF International, aluminum cans emit fewer greenhouse gases (GHGs) during transportation and refrigeration compared to beverages in glass or plastic bottles under the same conditions. Thus, the benefits of aluminum cans such as high-energy conservation and low-carbon emission compared to their counterparts also contribute to the growth of the metal beverage cans market.

The alcoholic beverages segment dominated the market in terms of both value and volume and the segment is also projected to continue with its dominance throughout the forecast timeframe from 2023 to 2030. The increasing demand for alcoholic beverages among the millennial population especially across developing economies, coupled with rapid urbanization, increasing disposable income, and increasing consumer demand for premium or high-end products is further contributing to the market growth.

The fruits and vegetable segment is projected to exhibit the fastest growth over the forecast period with maximum CAGR in terms of both volume and value. Fruit vegetable juices are expected to witness growth in demand owing to increased emphasis on health and wellness among consumers.

Access the Global Metal Cans Industry Data Book, 2022 to 2030, compiled with details like market sizing information forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory technological framework studies

Metal Cans Market Global Industry Segmentation

Aluminum Cans Market Size Forecasts, by Capacity, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Polyvinyl Chloride
  • Up to 200 ml
  • 201 - 450 ml
  • 451 - 700ml
  • 701-1000ml

Aluminum Metal Cans Market Size Forecasts, by Type, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Flexible
  • Rigid

Beverage Cans Market Size Forecasts, by Material, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Aluminum
  • Steel

Beverage Cans Market Size Forecasts, by Application, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Carbonated Soft Drinks
  • Alcoholic Beverages
  • Fruits Vegetable Juices
  • Others

Food Cans Market Size Forecasts, by Material, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Aluminum
  • Steel

Food Cans Market Size Forecasts, by Shape, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Round
  • Others

Food Cans Market Size Forecasts, by Application, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Meat
  • Ready Meals
  • Vegetables
  • Seafood
  • Fruits
  • Powder Products
  • Pet Foods
  • Others

2 Piece Cans Market Size Forecasts, by Material, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Aluminum
  • Steel

2 Piece Cans Market Size Forecasts, by Type, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Bottles
  • 2- Piece Draw Redraw (DRD)
  • 2- Piece Drawn and Ironed

2 Piece Cans Market Size Forecasts, by Application, 2019 - 2030 Revenue (USD Million); Volume (Million Units)

  • Food Beverages
  • Spices
  • Paints
  • Others

Order your copy of the Free Sampleof Metal Cans Industry Data Book - Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030 Data Book, published by Grand View Research

Metal Cans Industry Data Book Regional Outlook

  • North America
  1. U.S.
  2. Canada
  3. Mexico
  • Europe
  1. U.K.
  2. Germany
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Poland
  8. Hungary
  • Asia Pacific
  1. China
  2. Japan
  3. India
  4. South Korea
  5. Singapore
  6. Australia
  7. Thailand
  8. Vietnam
  • Central South America
  1. Brazil
  2. Peru
  3. Chile
  4. Argentina
  • Middle East Africa (MEA)
  1. Egypt
  2. United Arab Emirates

Metal Cans Industry Data Book Competitive Landscape

The metal cans market is highly fragmented with the presence of various small-sized 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 global market.

Key players operating in the metal cans industry are

  • Amcor Ltd
  • Ardagh Packaging Group Plc.
  • Bail Corporation
  • BWAY Corporation
  • CPMC Holdings Ltd.
  • Crown Holdings Inc.
  • Kian Joo Group
  • Rexam Plc.
  • Siligan Containers Corporation
  • Sonoco Phoenix Inc.

Go through thetable of content of Metal Cans Industry Data Bookto get a better understanding of the Coverage Scope of the study

About Grand View Research

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