The metal cans market will reach a value of $74.95 billion by 2030, growing at a compound annual rate of 7.63%, according to the 360iResearch report published last July 8, 2024. The market includes the production and sale of aluminum and steel containers used for packaging various consumables, valuing their durability, recyclability and ability to preserve contents.
Cans are valued for their durability, recyclability and ability to preserve their contents, making them essential in the industry. They are widely used for packaging carbonated beverages, juices, energy drinks, alcohol and also for canning vegetables, fruits, soups and ready-to-eat meals. Major users include large-scale food manufacturing companies, well-known beverage brands, emerging breweries in the market, soft drink manufacturers and consumers concerned with ease and sustainability of packaging.
The can market has experienced significant growth due to several factors, such as the increasing demand for recyclable cans due to environmental concerns, consumer preference for portable and lightweight containers, and the ability of cans to protect against contaminants and damage. In addition, improvements in can design, such as new shapes and features, have increased the attractiveness of the cans.
Opportunities exist to use environmentally friendly manufacturing processes, customization and advanced technologies, such as freshness indicators integrated into cans. However, there are challenges facing the market, including variable costs in primary materials, competition with biodegradable plastics and strict regulations on packaging. To stay competitive, companies must focus on researching sustainable materials, developing lighter but stronger cans and leveraging digital technologies to better connect with consumers. Due to the constant evolution of the market, motivated by
Aluminum cans market to exceed $70 billion by 2032
Artificial Intelligence Transforms the Metal Packaging Industry
Global metal packaging market has no ceiling
metal cans for canning
Metal pet food packaging is becoming more and more sustainable
Current and future trends in metal packaging
75 billion dollars by 2028
Aluminum: the ideal choice for packaging
TRIVIUM PACKAGING OPTS FOR ALUMINUM BOTTLES AS THE MOST SUSTAINABLE OPTION FOR OLIVE OIL PACKAGING
Why aluminum cans are the best packaging for beverages
