Metal Cans Market Size To Reach $127.75 Billion By 2033

Metal Cans Market Growth & Trends

The global metal cans market size is expected to reach USD 127.75 billion by 2033, registering a CAGR of 6.4% from 2025 to 2033, according to a new report by Grand View Research, Inc. The increasing demand for metal cans, especially from the beverage industry, is a major factor supporting the market growth. Increasing demand for beverages from the end-use population is another major factor projected to support the growth of the market in near future.

Superior physical properties of metals including the high malleability of aluminum and steel ease of labeling along with printing on metal surfaces, and design innovations to appeal young population are the factors supporting the growth of the global market. Metal cans also provide resistance to the impact of irregular handling and transportation. They are hermetically sealed and have a good shelf life, along with high recyclability, as well as these cans protect food stored in them as they are resistant to gases, moisture, and light.

Metal cans made up of aluminum are leading the global market owing to their high recycling rate without loss of quality. The other factors supporting the growth include lightweight, stackable, and strong, further bolstering the growth. Additionally, the wider application and ability to be customized as per the requirement of the end user are associated with aluminum cans, which are supporting its growth in the global market.

According to the Observatory of Economic Complexity (OEC), South Korea imported scrap aluminum worth USD 88.1 million in the financial year 2019–2020. Other countries of the region, including India, China, and Malaysia imported scrap aluminum worth USD 74.2 million, USD 553 million, and USD 204 million, respectively in the same financial year.

3 - Piece cans are projected to grow at a revenue CAGR of 4.2% during the forecast period. The basic composition of 3-piece aluminum cans involves a can body, a bottom, and a lid. The shape, size, and manufacturing methods of the bottom and the lid of an ordinary 3-piece can are the same and are collectively referred to as “the can lid”. The manufacturing of 3-piece cans is easier with different combinations of height and diameter. The 3-piece aluminum cans are characterized by their high rigidity and the ability to produce various shapes.

Europe is having a significant share in the global metal cans market owing to its support and focus on environment-friendly packaging solutions. Along with these, high awareness among the end-user population about the environment and its deteriorating condition, which further supports the demand for sustainable solutions like metal cans in the end-use market. Major economies of the region Germany, the UK, and France are supporting the regional market growth. 

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Metal Cans Market Report Highlights

• The aluminum segment recorded the largest revenue share of over 74.0% in 2024 and is expected to grow at the fastest CAGR of 6.6% during the forecast period. Aluminum is the most widely used material for beverage cans due to its lightweight, corrosion resistance, and excellent barrier properties.

• The Easy-Open End (EOE) closure type accounted for a maximum revenue share of 78.0% % in 2024, and the segment is further projected to maintain its dominating position throughout the forecast timeframe from 2025 to 2033. The increasing trend of alcohol consumption in developing economies of the Asia Pacific region is driving the demand for aluminum cans with EOE for packaging spirits and beer

• The beverage application segment is expected to expand at the highest CAGR of 6.6% in terms of revenue during the forecast period. The application segment is also projected to maintain its dominance in terms of revenue throughout the forecast period. The beverage segment is further bifurcated and studied across carbonated soft drinks, alcoholic beverages, fruit & vegetable juices, and other beverages including cider, dairy beverages, and water

• North America metal cans market dominated the global market and accounted for the largest revenue share of over 32.0% in 2024. This positive outlook is due to high consumption of canned beverages (beer, soda) and processed foods.

Metal Cans Market Segmentation

Grand View Research has segmented the global metal cans market report based on material, product, closure type, application, and region:

Metal Cans Material Outlook (Volume, Million Units; Revenue, USD Million, 2021 - 2033)

• Aluminum

• Steel

Metal Cans Product Outlook (Volume, Million Units; Revenue, USD Million, 2021 - 2033)

• 2- Piece Drawn and Ironed

• 2- Piece Draw Redraw (DRD)

• 3- Piece

Metal Cans Closure Type Outlook (Volume, Million Units; Revenue, USD Million, 2021 - 2033)

• Easy- Open End (EOE)

• Peel- off End (POE)

• Others

Metal Cans Application Outlook (Volume, Million Units; Revenue, USD Million, 2021 - 2033)

• Food

• Beverages

• Others

Metal Cans Regional Outlook ((Volume, Million Units; Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Indonesia

  • Thailand

  • Vietnam

  • Philippines

  • Malaysia

  • Singapore

• Latin America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in Metal Cans Market

• Sonoco Products Company

• Toyo Seikan Co., Ltd.

• Ball Corporation

• Crown

• CANPACK

• Ardagh Group S.A.

• Hindustan Tin Works Ltd

• Trivium Packaging

• Silgan Containers

• Ohio Art Metal Pack, LLC

• Mauser Packaging Solutions

• Envases Group

• Nampak Ltd.