The global aluminum cans market size was US$ 44.05 billion in 2021. The global aluminum cans market is forecast to grow to US$ 69.1 billion by 2030, registering a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

Aluminum cans help to preserve the quality of food for a long time. These cans are corrosion resistant and possess the longest shelf life as compared to other packaging materials.

Factors Influencing the Market

Several key drivers are propelling the global aluminum cans market forward, including the need to reduce plastic pollution. In addition, the growing demand for products with a long shelf life is expected to drive market growth during the study period.

The aluminum cans have a number of advantages, like stiffness, stability, and high barrier qualities, which allow them to be used to store items. In addition, they are easy to transport over longer distances. Aluminum has unique features, such as being softer and lighter than steel. Thus, it allows producers to save money on logistics.

Aluminum cans are gaining prominence due to their lightweight properties and hermetically sealed cover. In addition, they are easy to recycle and allow brands to package and transport more beverages using less material. Thus, all of these benefits will contribute to the growth of the global aluminum cans market during the study period.

The increasing demand for packed food products and innovations in the industry will lead the market towards growth.

COVID-19 Impact Analysis

As the COVID-19 pandemic expanded, supply chain disruptions and government-imposed lockdowns wreaked havoc on all industries. Almost every food and beverage firm wanted to can their goods and get them on the shelves during the COVID-19 outbreak. The demand for cans increased dramatically at the same time. Thus, the global COVID-19 pandemic has positively influenced the global aluminum cans market. In addition, the demand for packed products also increased from the people globally. Thus, it was a significant benefit for the global aluminum cans market.

Regional Analysis

Due to growing concerns about the usage and consumption of sustainable packaging materials, North America holds the highest market share in terms of revenue. It accounts for more than a third of all aluminum can consumption worldwide.

North America's expansion is further attributed to the existence of aluminum manufacturers and demand from packaging companies. In addition, the increasing demand for packed products is driving the growth of the market.

High disposable income and the growing number of the working population and their living standards are likely to benefit the market for aluminum cans.

Competitors in the Market

Crown Holdings, Inc
Ball Corporation
Silgan Holdings Inc.
Ardagh Group
CAN-PACK S.A.
Kian Joo Group
CPMC Holdings Limited.
Other prominent players
Market Segmentation

The global aluminum cans market segmentation focuses on Type, Internal Pressure, Application, and Region.

Based on Type

2 Piece Cans
3 Piece Cans
Based on internal pressure
Pressurized Cans
Vacuum Cans
Based on Application

Food
Beverage
Chemical
Pharmaceuticals
Others
Based on Region

North America

The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America