What is the global market size of Aluminum Cans Market?

Aluminum Cans Market size was valued at USD 54.3 billion in 2021 and is poised to grow from USD 57.23 billion in 2022 to USD 87.1 billion by 2030, growing at a CAGR of 5.39% in the forecast period (2023-2030).

Who are the key vendors in the Global Aluminum Cans Market?

Global aluminum cans market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global aluminum cans market. 'Ball Corporation', 'Crown Holdings Inc.', 'Ardagh Group S.A.', 'Norsk Hydro ASA', 'CPMC Holdings Limited', 'Toyo Seikan Group Holdings, Ltd.', 'Can-Pack S.A.', 'Jamestrong Packaging', 'Silgan Holdings Inc.', 'Hulamin Containers Ltd.', 'ORG Packaging Co., Ltd.', 'ShengXing Group Co. Ltd.', 'Tetra Pak International S.A.', 'GZ Industries', 'Kian Joo Group', 'Trivium Packaging', 'Tata Steel Europe Ltd.', 'Envases Universales de México', 'China Metal Packaging Group Co., Ltd.', 'Alcoa Corporation'

What is the key driver of Global Aluminum Cans Market?

Growing awareness of ready-to-drink beverages

Aluminum Cans Market Size to Surpass USD 87.59 Billion by 2032

Aluminum Cans Market Competitive Landscape

Aluminum Cans Market Top Player's Company Profiles

Ball Corporation
Crown Holdings, Inc.
Ardagh Group S.A.
Silgan Holdings Inc.
CAN-PACK S.A.
CCL Container Inc. (CCL Industries Inc.)
Tecnocap Group
Massilly Holding SAS
CPMC Holdings Limited (COFCO Group)
Saudi Arabia Packaging Industry WLL (SAPIN)
Rexam PLC
Envases Universales Group
Daiwa Can Company
Universal Can Corporation
Toyo Seikan Group
Hindalco Industries
Greatview Aseptic Packaging
Crown Asia-Pacific Holdings Ltd
Anheuser-Busch Packaging Group

Aluminum Cans Market

FAQs

Global Aluminum Cans Market size was valued at USD 57.23 billion in 2022 and is poised to grow from USD 60.2 billion in 2023 to USD 91 billion by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).

Global aluminum cans market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global aluminum cans market. 'Ball Corporation ', 'Crown Holdings, Inc. ', 'Ardagh Group S.A. ', 'Silgan Holdings Inc. ', 'CAN-PACK S.A. ', 'CCL Container Inc. (CCL Industries Inc.) ', 'Tecnocap Group ', 'Massilly Holding SAS ', 'CPMC Holdings Limited (COFCO Group) ', 'Saudi Arabia Packaging Industry WLL (SAPIN) ', 'Rexam PLC ', 'Envases Universales Group ', 'Daiwa Can Company ', 'Universal Can Corporation ', 'Toyo Seikan Group ', 'Hindalco Industries ', 'Greatview Aseptic Packaging ', 'Crown Asia-Pacific Holdings Ltd ', 'Anheuser-Busch Packaging Group'

The ready-to-drink beverage industry has grown significantly in recent years due to factors such as the busy lifestyles of people, increasing urbanization, and access to new products. Aluminum cans are preferred for storage by beverage manufacturers because they allow for greater packing efficiency, lower shipping costs, and significant brand engagement benefits. Also, depending on the type of beverage, beverage manufacturers are likely to apply different coatings to metal cans to increase the shelf life of the product, which is expected to boost the aluminum can market during the forecast period.

Efforts to reduce plastic pollution are increasing worldwide which is a major trend that driving the use of aluminum cans. Two of the key aspects driving the attention of food and beverage brands are the properties of aluminum to keep products fresh and their light weight. Over the years, manufacturers of countless products have exploited the potential of aluminum for packaging, so the demand for the aluminum cans market has increased.

On the basis of region, global aluminum cans market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. The North America region dominated the global market. Growing concerns about the use and consumption of sustainable packaging materials are driving the growth of the aluminum can market in the region. According to the World Aluminum Organization, in February 2021, 5.112 million metric tons of primary aluminum was produced worldwide and 312 million metric tons were produced in North America, helping to grow the region's aluminum industry. Also, the Beer Institute's 2021 report estimates that American brewers use 36 billion aluminum cans each year.

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Aluminum Cans Market Size, Share, Growth Analysis, By Product Type (into 1-piece Cans, 2-piece Cans), By Capacity, By End Use (Food, Beverages), By Region - Industry Forecast 2025-2032

Aluminum Cans Market Competitive Landscape

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Aluminum Cans Market Size, Share, Growth Analysis, By Product Type (into 1-piece Cans, 2-piece Cans), By Capacity, By End Use (Food, Beverages), By Region - Industry Forecast 2025-2032

Aluminum Cans Market Competitive Landscape

Aluminum Cans Market Report Snapshots

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What is the global market size of Aluminum Cans Market?

Who are the key vendors in the Aluminum Cans Market?

What is the key driver of Aluminum Cans Market?

What is the key market trend for Aluminum Cans Market?

Which region accounted for the largest share in Aluminum Cans Market?

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