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Metal Packaging Market Size To Reach $184.21Bn By 2030

Metal Packaging Market Size To Reach $184.21 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Metal Packaging Market Growth & Trends

The global metal packaging market size is anticipated to reach USD 184.21 billion by 2030 and is projected to grow at a CAGR of 3.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The metal packaging industry continues to experience robust growth due to an increasing consumer preference for sustainable packaging solutions. Metal packaging offers exceptional recyclability, with materials such as aluminum and steel being infinitely recyclable without quality degradation. Major brands such as Coca-Cola and Ball Corporation have capitalized on this trend, with Coca-Cola introducing its "World Without Waste" initiative and Ball Corporation expanding its aluminum can production capacity globally to meet rising demand for environmentally friendly packaging.

Another significant driver is the growing food and beverage industry, particularly in emerging economies. Rising disposable incomes, urbanization, and changing lifestyles have led to increased consumption of packaged foods and beverages, directly boosting demand for metal packaging solutions. For example, in India and China, the canned food market has experienced double-digit growth rates, with companies such as Crown Holdings Inc. and Ardagh Group SA establishing new manufacturing facilities to serve these markets.

The pharmaceutical and personal care sectors have emerged as significant growth areas for metal packaging. Metal containers provide superior protection against light, moisture, and air contamination, making them ideal for sensitive products. The luxury beauty brands such as Estée Lauder and L'Oréal increasingly select metal packaging for premium skincare products, contributing to the market's expansion in these high-value segments.

Stringent regulations and changing consumer safety expectations have further propelled the metal packaging industry forward. Governmental bodies such as the FDA and EU Commission have implemented stricter guidelines regarding food contact materials and packaging integrity, giving metal packaging an advantage due to its inherent barrier properties and resistance to chemical migration.

Notable examples include Ball Corporation's BPA-NI (BPA-non-intent) coating systems developed in response to consumer concerns and Crown's implementation of advanced sterilization techniques that meet rigorous safety standards for infant formula packaging. This regulatory push, combined with heightened consumer awareness about packaging safety, continues to strengthen metal packaging's position in markets where product safety is paramount.

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Metal Packaging Market Report Highlights

Based on material, the aluminum material segment led the market with the largest revenue share of 66.18% in 2024 and is expected to grow at the fastest CAGR of 4.1% during the forecast period.
The cans segment led the market with the largest revenue share of 50.19% in 2024 and is projected to grow at the fastest CAGR of 4.2% during the forecast period.
Based on end use, the food & beverages segment led the market with the largest revenue share of 57.36% in 2024 and is expected to grow at the fastest CAGR of 4.2% over the forecast period.
Asia Pacific dominated the market by registering the largest revenue share of 35.63% in 2024.
In January 2023, Ardagh Group SA announced the launch of a new 19.2 oz. (568ml) beverage can, aimed at supporting beverage brands in the expanding single-serve market. This new can size is significant as it is the first of its kind to be manufactured in the U.S. by Ardagh Group SA, providing a middle option between the traditional 16 oz. and 24 oz. sizes.