USD 31.07 billion
Food and Beverages Metal Can Market Size, Share, Growth Analysis, By Type(2-piece metal can, and 3-piece metal can), By Raw material(Aluminum, and steel), By Degree of internal pressure(Vacuum cans and pressurized cans), By Application(Food, fruits & vegetables, pet food, beverages), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15G2027 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|Tables:
115
|Figures:
72
Food and Beverages Metal Can Market Insights
Food and Beverages Metal Can Market size was valued at USD 32.97 Billion in 2023 and is poised to grow from USD 34.98 Billion in 2024 to USD 56.17 Billion by 2032, growing at a CAGR of 6.10% during the forecast period (2025-2032).
Metal cans adoption in various end-use industries has been significantly increased to store food & beverage products such as healthcare products, edible oil, cosmetics, industrial chemicals, meats, oysters, fruits, and others.
Metal cans are the preferred packaging material in the food and beverage industries due to their long storage life, superior protection against external contaminants, and high recyclability.
Such cans can be recycled and reused indefinitely and commercially produced in any desired shape. Metal cans have an advantage over other types of food packaging due to feasibility criteria, durability, and sufficient food protection. Metal in food packaging has an advantage in terms of the preservation system and processes.
Metal packaging comes in a variety of sizes and shapes. It reduces costs and spoilage due to its feature of efficient space utilisation. When compared to other alternatives such as paper and plastic, raw material price volatility and also a lack of microwave capabilities are anticipated, which may impede the global food and beverages metal can market growth.
US Food and Beverages Metal Can Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Aluminum
Fastest Growth
Steel
Growth Rate
6.10% CAGR
Global Foods And Beverages Metal Can Market ($ Bn)
Country Share for North America Region (%)
To get more reports on the above market click here to Buy The Report
Food and Beverages Metal Can Market Segmental Analysis
Food and beverages metal can market is segmented based on the type, raw material, degree of internal pressure, application, and region. Based on type, the Food and Beverages Metal Can Market is segmented into 2-piece metal can, and 3-piece metal can. Based on raw material, the Food and Beverages Metal Can Market is segmented into aluminum, and steel. Based on degree of internal pressure, the Food and Beverages Metal Can Market is segmented as vacuum cans and pressurized cans. Based on application, the Food and Beverages Metal Can Market is segmented into food, fruits & vegetables, pet food, beverages, and others. Based on region, Food and Beverages Metal Can Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Food and Beverages Metal Can Market Analysis by Raw Material
Based on raw material, the food and beverages metal can market is segmented into aluminum, and steel. Aluminum will be the most important contributor to market dynamics. Aluminum cans are environmentally friendly and can be easily recycled. Additionally, aluminium cans protect flavour and brand authenticity. Aluminum cans do have a large market in the United Kingdom and are in demand in the rest of Europe. Steel cans packaging is transforming the European market as manufacturers shift to steel production in response to rising demand for new developments.
Food and Beverages Metal Can Market Analysis by Application
Based on application, the food and beverages metal can market is segmented into food, fruits & vegetables, pet food, beverages, and others. During the forecast period, the food segment will consume a large amount of metal cans. Aluminum and tin metals have become increasingly popular in the food packaging industry since they are environmentally friendly and have high strength. As they allow for longer periods of food storage, the market will move in a positive direction. The beverage segment will also grow due to the use of two-piece metal cans, which are already experiencing high growth trends in the market, also because of high consumption of carbonated, non-carbonated, and sports & energy drinks.
Global Foods And Beverages Metal Can Market By Raw material
To get detailed analysis on other segments, Request For Free Sample Report
Food and Beverages Metal Can Market Regional Insights
North America has emerged as the dominant region over the forecast period. On a regional basis, higher consumption of beer as well as other alcoholic beverages is likely to benefit the local sector during the forecast period. The increased consumer awareness of environmental sustainability is driving the North American food and beverage metal cans industry. North America is a leading producer of food and beverages. Moreover, North America is among the world's largest consumers of aluminium cans, and the region is largely dominated by a significant number of packaged food and beverage customers. In addition, strong research & development spending and technological advancements are expected to benefit the North American domestic production of food & beverage metal cans.
The Asia-Pacific region is expected to grow at the fastest rate during the forthcoming years owing to increasing disposable income among consumers, rising demand for high-quality metal packaging from the region, different kinds of beers at different prices, and the influence of Western culture.
Global Foods And Beverages Metal Can Market By Region
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Food and Beverages Metal Can Market Dynamics
Food and Beverages Metal Can Market Drivers
Added Benefits to Bolster Metal Can demand in F&B Industry
- According to the United States Environmental Protection Agency (EPA), 1.9 million tons of aluminium packaging for beers and soft drink cans were produced, with 49.2% of aluminium beverage cans recycled. Metal packaging for the food industry is thought to be safe, which is a significant driver of market growth during the forecast period.
Food and Beverages Metal Can Market Restraints
Replacement Issues to Hinder Market Growth
- Metal cans may face difficulties in their use due to the replacement possibility of polymer-based packaging materials such as polyethylene or polyethylene terephthalate (PET), and this may hinder the market growth.
Request Free Customization of this report to help us to meet your business objectives.
Food and Beverages Metal Can Market Competitive Landscape
Food and beverages metal can market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Food and Beverages Metal Can Market Top Player's Company Profiles
- Crown Holdings, Inc.
- CAN-PACK S.A.
- CPMC Holdings Limited
- Kian Joo Group
- Huber Packaging Group GmbH
- Toyo Seikan Group Holdings Ltd.
- CCL Industries
- Universal Can Corporation
- Independent Can Company
- P. Wilkinson Containers Ltd.
- Unimpack
- Visy
Food and Beverages Metal Can Market Recent Developments
- In March 2024, Varun Beverages Ltd, PepsiCo's largest franchise bottler, said that it has completed the acquisition of South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries.
- In November 2023, AkzoNobel invested in coatings technology to support beverage can industry. AkzoNobel’s two products in its Accelstyle range and building of a production plant in Spain aim to support the beverage can industry while shifts between materials.
- In February 2023, Ardagh Metal Packaging (AMP), a subsidiary of Irish packaging company Ardagh Group, acquired a majority stake in Swiss printing start-up NOMOQ. Based in Zürich, NOMOQ provides digital printing solutions for aluminium beverage cans.
Food and Beverages Metal Can Key Market Trends
- The continuous ongoing efforts by large manufacturing companies to create unique packaging goods are predicted to provide tremendous potential for the Food and Beverage Metal Cans Market over the forecast period. Metal recycling and reusing are assisting in the market's growth. Furthermore, the huge trend of free home delivery has boosted the demand for healthier food packaging.
Food and Beverages Metal Can Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global food and beverages metal can market analysis, the upsurge in beer consumption by the young population in Asia Pacific (APAC) region is possibly one of the key factors driving the regional growth in beer consumption, which claims to support the metal cans business, resulting in driving the global food and beverages metal can market during the forecasting years. However, environmental concerns about aluminium, iron ore, and other metals among consumers may stymie market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 31.07 billion |
| Market size value in 2031 | USD 52.94 billion |
| Growth Rate | 6.10% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Food and Beverages Metal Can Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Food and Beverages Metal Can Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Food and Beverages Metal Can Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Food and Beverages Metal Can Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Food and Beverages Metal Can Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Food and Beverages Metal Can Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
