Product Code: 978-1-68038-150-4
Metal Cans Market Growth & Trends:
The global metal cans market size is expected to reach USD 127.75 billion by 2033, registering a CAGR of 6.4% from 2025 to 2033, according to a new report by Grand View Research, Inc. The increasing demand for metal cans, especially from the beverage industry, is a major factor supporting the market growth. Increasing demand for beverages from the end-use population is another major factor projected to support the growth of the market in near future.
Superior physical properties of metals including the high malleability of aluminum and steel ease of labeling along with printing on metal surfaces, and design innovations to appeal young population are the factors supporting the growth of the global market. Metal cans also provide resistance to the impact of irregular handling and transportation. They are hermetically sealed and have a good shelf life, along with high recyclability, as well as these cans protect food stored in them as they are resistant to gases, moisture, and light.
Metal cans made up of aluminum are leading the global market owing to their high recycling rate without loss of quality. The other factors supporting the growth include lightweight, stackable, and strong, further bolstering the growth. Additionally, the wider application and ability to be customized as per the requirement of the end user are associated with aluminum cans, which are supporting its growth in the global market.
According to the Observatory of Economic Complexity (OEC), South Korea imported scrap aluminum worth USD 88.1 million in the financial year 2019-2020. Other countries of the region, including India, China, and Malaysia imported scrap aluminum worth USD 74.2 million, USD 553 million, and USD 204 million, respectively in the same financial year.
3 - Piece cans are projected to grow at a revenue CAGR of 4.2% during the forecast period. The basic composition of 3-piece aluminum cans involves a can body, a bottom, and a lid. The shape, size, and manufacturing methods of the bottom and the lid of an ordinary 3-piece can are the same and are collectively referred to as "the can lid". The manufacturing of 3-piece cans is easier with different combinations of height and diameter. The 3-piece aluminum cans are characterized by their high rigidity and the ability to produce various shapes.
Europe is having a significant share in the global metal cans market owing to its support and focus on environment-friendly packaging solutions. Along with these, high awareness among the end-user population about the environment and its deteriorating condition, which further supports the demand for sustainable solutions like metal cans in the end-use market. Major economies of the region Germany, the UK, and France are supporting the regional market growth.
Metal Cans Market Report Highlights:
- The aluminum segment recorded the largest revenue share of over 74.0% in 2024 and is expected to grow at the fastest CAGR of 6.6% during the forecast period. Aluminum is the most widely used material for beverage cans due to its lightweight, corrosion resistance, and excellent barrier properties.
- The Easy-Open End (EOE) closure type accounted for a maximum revenue share of 78.0% in 2024, and the segment is further projected to maintain its dominating position throughout the forecast timeframe from 2025 to 2033. The increasing trend of alcohol consumption in developing economies of the Asia Pacific region is driving the demand for aluminum cans with EOE for packaging spirits and beer
- The beverage application segment is expected to expand at the highest CAGR of 6.6% in terms of revenue during the forecast period. The application segment is also projected to maintain its dominance in terms of revenue throughout the forecast period. The beverage segment is further bifurcated and studied across carbonated soft drinks, alcoholic beverages, fruit & vegetable juices, and other beverages including cider, dairy beverages, and water
- North America metal cans market dominated the global market and accounted for the largest revenue share of over 32.0% in 2024. This positive outlook is due to high consumption of canned beverages (beer, soda) and processed foods.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.1.1. Market Segmentation
- 1.1.2. Market Definition
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2024 (USD Million)
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Global Metal Cans Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.3.2. Manufacturing/Technology Trends
- 3.3.3. Sales Channel Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. PESTEL Analysis
Chapter 4. Global Metal Cans Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Movement Analysis & Market Share, 2024 & 2033
- 4.2.1. Steel
- 4.2.1.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 4.2.2. Aluminum
- 4.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
Chapter 5. Global Metal Cans Market: Product Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2033
- 5.2.1. 2- Piece Drawn and Ironed
- 5.2.1.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 5.2.2. 2- Piece Draw Redraw (DRD)
- 5.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 5.2.3. 3- Piece
- 5.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
Chapter 6. Global Metal Cans Market: Closure Type Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Closure Type Movement Analysis & Market Share, 2024 & 2033
- 6.2.1. Easy- Open End (EOE)
- 6.2.1.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 6.2.2. Peel- off End (POE)
- 6.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 6.2.3. Others
- 6.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
Chapter 7. Global Metal Cans Market: Application Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Application Movement Analysis & Market Share, 2024 & 2033
- 7.2.1. Food
- 7.2.1.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 7.2.2. Beverages
- 7.2.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
- 7.2.3. Others
- 7.2.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Million Units)
Chapter 8. Global Metal Cans Market: Region Estimates & Trend Analysis
- 8.1. Key Takeaways
- 8.2. Regional Movement Analysis & Market Share, 2024 & 2033
- 8.3. North America
- 8.3.1. North America Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.3.2. U.S.
- 8.3.2.1. U.S. Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.3.3. Canada
- 8.3.3.1. Canada Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.3.4. Mexico
- 8.3.4.1. Mexico Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4. Europe
- 8.4.1. Europe Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4.2. Germany
- 8.4.2.1. Germany Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4.3. UK
- 8.4.3.1. UK Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4.4. France
- 8.4.4.1. France Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4.5. Italy
- 8.4.5.1. Italy Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.4.6. Spain
- 8.4.6.1. Spain Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5. Asia Pacific
- 8.5.1. Asia Pacific Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.2. China
- 8.5.2.1. China Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.3. India
- 8.5.3.1. India Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.4. Japan
- 8.5.4.1. Japan Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.5. South Korea
- 8.5.5.1. South Korea Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.6. Australia
- 8.5.6.1. Australia Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.7. Indonesia
- 8.5.7.1. China Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.8. Thailand
- 8.5.8.1. India Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.9. Vietnam
- 8.5.9.1. Japan Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.10. Philippines
- 8.5.10.1. South Korea Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.11. Malaysia
- 8.5.11.1. Australia Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.5.12. Singapore
- 8.5.12.1. Australia Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.6. Latin America
- 8.6.1. Latin America Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.6.2. Brazil
- 8.6.2.1. Brazil Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.7. Middle East & Africa
- 8.7.1. Middle East & Africa Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Saudi Arabia Metal Cans Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Million Units)
Chapter 9. Competitive Landscape
- 9.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 9.2. Vendor's Landscape
- 9.2.1. List of Raw Material Suppliers and Channel Partners
- 9.2.2. List of Potential End-users
- 9.3. Company Categorization
- 9.4. Company Market Position Analysis
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.6.1. Expansions
- 9.6.2. Mergers & Acquisitions
- 9.6.3. Collaborations
- 9.6.4. New Application Launches
- 9.6.5. Others
Chapter 10. Company Listing (Overview, Financial Performance, Applications Overview)
- 10.1. Sonoco Products Company
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Application Benchmarking
- 10.2. Toyo Seikan Co., Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Application Benchmarking
- 10.3. Ball Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Application Benchmarking
- 10.4. Crown
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Application Benchmarking
- 10.5. CANPACK
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Application Benchmarking
- 10.6. Ardagh Group S.A.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Application Benchmarking
- 10.7. Hindustan Tin Works Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Application Benchmarking
- 10.8. Trivium Packaging
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Application Benchmarking
- 10.9. Silgan Containers
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Application Benchmarking
- 10.10. Ohio Art Metal Pack, LLC
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Application Benchmarking
- 10.11. Mauser Packaging Solutions
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Application Benchmarking
- 10.12. Envases Group
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Application Benchmarking
- 10.13. Nampak Ltd.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Application Benchmarking