Due to the high concentration of consumer goods and packaged goods manufacturers in North America, the region accounts for a significant share of the metal packaging industry. Because of this, the packaging industry is well-established in this region. For instance, according to the U.S. Census Bureau, in 2019, about 214.1 million Americans ate canned, jarred, or packaged fruit. Additionally, meat/poultry, yogurt, and juices are the most popular organic foods consumed or preferred by consumers in the US. The beverage market includes a variety of new specialty drinks in 8.2-ounce cans, such as energy drinks. The Beer Institute estimates that American brewers fill and sell around 36.0 billion bottles and cans of alumminum each year. 62.0% of the beer produced and sold in the US is in these cans.
Consumption rates in Asia and Southeast-Asia are rising steadily due to an increasing middle-class population, changing lifestyles, and changing consumer tastes. For instance, in June 2019, Hindalco Industries Ltd., a company of the Aditya Birla Group, Can-Pack India, and Ball Beverage Packaging (India), formed a consortium to popularize aluminum beverage packaging. The Alumminum Beverage Can Association of India (ABCAI) consortium promotes using aluminum instead of plastic and glass for packaging. Additionally, the association wants to increase the country's 5.0% use of aluminum cans to around 25.0% by 2030, enhancing the metal packaging market CAGR in recent years. The demand for can-packed products would sharply rise, given the growing importance of recycling and sustainable solutions. For instance, in 2021, Ball Beverage Packaging recently offered alcohol in 180 ml cans in Rajasthan, India.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Material
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Ardagh Group, Ball Corp., Crown Holdings, Inc., and Silgan Holdings Inc., among others.
Metal Packaging Market Report Segment
By Material
- Steel
- Aluminum
By Type
- Aerosols
- Cans
- Caps and Closures
- Drums and Barrels
By Application
- Food
- Beverages
- Personal Care
- Health Care
- Paints & Varnishes
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Metal Packaging Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Alcoa Corp.
- Amcor Plc.
- BERICAP Holding GmbH
- Bway Corp.
- CANPACK
- Colep Packaging (RAR Group Company)
- CPMC Holdings Ltd.
- Emballator Metal Group
- Greif
- MAUSER Corporate GmbH
- Metal Packaging Europe G.I.E.
- Nampak Ltd.
- Rexam Plc.
- Tata Steel
- TON YI INDUSTRIAL CORP.
- TUBEX Packaging GmbH
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