What is the current market size and future outlook for the food and beverage metal cans market?
The food and beverage metal cans market size has grown strongly in recent years. It will grow from $35.47 billion in 2024 to $38.06 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to development of non-bpa linings, preservation and shelf life, demand for convenience food, product protection.
The food and beverage metal cans market size is expected to see strong growth in the next few years. It will grow to $50.85 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to transportation efficiency, demand for attractive canvas, safety and food security, government initiatives. Major trends in the forecast period include ready-to-drink (rtd) beverages innovations, labeling and design innovations, convenience and easy opening, aluminum beverage bottles.
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Food And Beverage Metal Cans Market Report 2025
Which Market drivers have played a significant role in driving the food and beverage metal cans market?
Increasing consumption of alcoholic beverages is expected to propel the growth of the food and beverage metal cans market going forward. Alcoholic drinks are those appropriate for human consumption and have a volume alcohol content of 1% or higher. Alcoholic beverages are packaged in metal cans because they are simple to fill, convenient and recyclable. For instance, in June 2024, according to the report published by Silicon Valley Bank, a US-based commercial bank, direct-to-consumer (DtC) wine case sales saw a 1.2% increase in 2023 compared to 2022. Therefore, the increasing consumption of alcoholic beverages will drive the food and beverage metal cans market.
What are the key segments within the food and beverage metal cans market?
The food and beverage metal cans market covered in this report is segmented –
1) By Type: 2-Piece Cans, 3-Piece Cans
2) By Material: Aluminum, Steel
3) By Degree Of Internal Pressure: Pressurized Cans, Vacuum Cans
4) By Fabrication: Plain, Embossed, Printed, Other Fabrications
5) By Application: Food, Beverage
Subsegments:
1) By 2-Piece Cans: Drawn And Ironed Cans, Impact Extruded Cans
2) By 3-Piece Cans: Welded Cans, Seam Cans
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Food And Beverage Metal Cans Market Report 2025
Which key players are shaping the food and beverage metal cans market?
Major companies operating in the food and beverage metal cans market are Ball Corporation, Crown Holding Inc., Sonoco Products Company, Silgan Holding Inc., Greif Inc., Ardagh Metal Packaging S.A, Mauser Packaging Solutions Holding Company, Crown Cork & Seal Co. Inc., Berlin Packaging LLC, CPMC Holdings Ltd., Can-Pack S.A, Huber Packaging Group GmbH, Nampak Ltd., Massily Holdings S.A.S, BWAY Corporation, Great China Metal Industries Co. Ltd., NCI Packaging Ltd., CCL Container SA de CV, Independent Can Co, Jamestrong Packaging Pty Ltd., DS Containers Inc., Muller and Bauer Gmbh, Allstate Can Corporation, P. Wilkinson Containers Ltd., Allied Cans Ltd.
Which transformative trends will shape the food and beverage metal cans market landscape?
Major companies operating in the food and beverage metal cans market are focused on innovating advanced solutions to strengthen their position in the market. For instance, in June 2023, Eviosys Packaging Switzerland GmbH, a Switzerland-based smart, sustainable packaging provider, launched Ecopeel, a new metal food can package solution. It is specially made with a peelable foil seal that is directly adhered to the can’s body and takes the place of the standard ring-pull opening mechanism. It minimizes 20% of carbon footprint per can and is easy to open with a 45-degree sealing surface.
How do regional factors impact the food and beverage metal cans market, and which region is the largest contributor?
North America was the largest region in the food and beverage metal cans market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in food and beverage metal cans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Food And Beverage Metal Cans Market Report 2025 Offer?
The food and beverage metal cans market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Food and beverage metal cans are containers composed of thin metal, often steel or aluminum, that are used for food and beverage storage and packaging. They are often used to enhance the preservation and durability of food and beverage.
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Food And Beverage Metal Cans Market Report 2025
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