Food And Beverage Metal Cans Market
PUBLISHED: 2024 ID: SMRC26159
SHARE
SHARE

Food And Beverage Metal Cans Market

Food & Beverage Metal Cans Market Forecasts to 2030 - Global Analysis By Product (Aluminum Cans, Steel Cans, Tinplate Cans and Other Products), Type, Application, End User and By Geography

4.3 (20 reviews)
4.3 (20 reviews)
Published: 2024 ID: SMRC26159

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Food & Beverage Metal Cans Market is accounted for $34.24 billion in 2023 and is expected to reach $48.25 billion by 2030 growing at a CAGR of 9.2% during the forecast period. Food and beverage metal cans are the containers made from metal, typically aluminum or steel, those are used for packaging food and beverage products. These cans are designed to preserve the contents and protect them from external elements such as light, moisture, and air, which can cause spoilage or degradation. These cans come in various shapes and sizes, from small beverage cans to larger cans for products like canned fruits or vegetables. They are sealed using methods such as can seaming or crimping to ensure airtightness and prevent contamination. Metal cans are also recyclable, making them environmentally friendly packaging options for food and beverage products.

According to the World Counts, in 2022, approximately 175.8 billion aluminum cans were consumed across the globe, which specifically includes beer and soda cans.

Market Dynamics: 

Driver: 

Growing demand for convenience foods

The market is witnessing a surge in demand for convenience foods, driven by busy lifestyles and the need for quick, easy-to-prepare meals. Consumers are increasingly opting for canned foods due to their long shelf life, convenience in storage, and ease of use. This trend is particularly prominent in urban areas where time constraints often dictate food choices. As a result, manufacturers are focusing on innovative packaging solutions to cater to this growing demand.

Restraint:

Competition from alternative packaging

Flexible packaging options like pouches and bags offer lightweight, convenient alternatives that appeal to environmentally conscious consumers. The rise of sustainable packaging materials such as bioplastics and paper-based options adds pressure on metal can manufacturers to innovate. Cost considerations also come into play, as alternative materials may offer lower production costs. Thus, competing with alternative packaging poses major challenges in the market.

Opportunity:

Shifting consumer preferences

Consumers are also favouring convenience, driving the popularity of smaller portion sizes and easy-to-open cans. Health-conscious trends are influencing choices, with a preference for BPA-free cans and options that preserve food freshness without additives. Additionally, there's a rising demand for visually appealing packaging that conveys product quality and freshness, reflecting a more sophisticated consumer base. Overall, these changing preferences are reshaping the dynamics of the market.

Threat:

High cost of metal

The market is facing a significant challenge due to the high cost of metal. This increase in costs directly impacts production expenses, leading to higher prices for canned food and beverages. Manufacturers are grappling with the dilemma of either absorbing these elevated costs, which squeezes profit margins, or passing them on to consumers, risking potential market share loss. Factors such as rising demand for metals, supply chain disruptions, and global economic fluctuations contribute to this cost surge.

Covid-19 Impact

The COVID-19 pandemic significantly impacted the Food & Beverage Metal Cans market. Initially, panic buying led to a surge in demand for canned goods, boosting the market. However, supply chain disruptions, workforce shortages, and economic uncertainty resulted in challenges for manufacturers. With changing consumer preferences towards sustainability and health, there's a growing interest in alternative packaging solutions. Overall, the market witnessed fluctuations but is adapting with a focus on innovation and resilience.

The reclosable cans segment is expected to be the largest during the forecast period

The reclosable cans segment is estimated to have a lucrative growth. These cans offer convenience and freshness preservation, appealing to modern consumer preferences for on-the-go lifestyles. With features like easy opening and secure sealing mechanisms, they enhance product shelf life and reduce waste. The demand for reclosable cans continues to grow, driven by the need for convenience, sustainability, and improved user experience in the food and beverage packaging industry. 

The carbonated soft drinks (CSD) segment is expected to have the highest CAGR during the forecast period

The carbonated soft drinks (CSD) segment is anticipated to witness the highest CAGR growth during the forecast period. These cans provide a convenient and durable packaging solution for CSDs, ensuring product freshness and portability. With a growing consumer preference for on-the-go beverages and eco-friendly packaging options, the demand for metal cans in the segment continues to rise steadily, driving innovation and competition among market players.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period. driven by factors such as increasing urbanization, rising disposable incomes, and growing consumer preference for convenient packaging solutions. The market is witnessing significant demand for metal cans due to their durability, recyclability, and ability to preserve food and beverage products. Key players in the industry are focusing on product innovations and sustainability initiatives to capitalize on this expanding market opportunity.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the convenience and recyclability of metal cans, as well as consumer preferences for canned goods. Innovations in metal can manufacturing technology have also played a role in the market's growth. Manufacturers are increasingly adopting advanced techniques for can production, such as lightweighting to reduce material usage, improving can designs for better shelf appeal, and incorporating features like easy-open lids.

Key players in the market

Some of the key players profiled in the Food & Beverage Metal Cans Market include Ardagh Group, Ball Corporation, Can-Pack S.A., CCL Container, CPMC Holdings Limited, Crown Holdings Inc., Daiwa Can Company, Eviosys, HUBER Packaging Group GmbH, Kristal Kola, Mauser Packaging Solutions, Metal Container Corporation, Silgan Holdings Inc. and Toyo Seikan Group.

Key Developments:

In June 2023, Global packaging provider Eviosys has introduced ‘Ecopeel’, a new metal food can packaging solution featuring a peelable foil seal. The foil is directly sealed onto the body of the can and replaces the conventionally used ring-pull opening mechanism.

In December 2022, Kristal Kola (Kristal) launched the Turkish market’s first spring water in cans, delivering a sustainable product in sustainable packaging with powerful messaging to match. The company chose aluminum cans for their recyclability and ability to remain in the material-to-material loop indefinitely.

Products Covered:
• Aluminum Cans
• Steel Cans
• Tinplate Cans
• Other Products

Types Covered:
• Easy-Open Ends
• Shaped Cans
• Crown Cork Cans
• Reclosable Cans
• Other Types

Applications Covered:
• Ready Meals
• Soups & Sauces
• Carbonated Soft Drinks (CSD)
• Alcoholic Beverages
• Non-Alcoholic Beverages
• Pet Food
• Infant Formula
• Other Applications

End Users Covered:
• Retailers
• Food Service Providers
• Supermarkets/Hypermarkets
• Online Retail
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
     
2 Preface    
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Product Analysis  
 3.7 Application Analysis 
 3.8 End User Analysis  
 3.9 Emerging Markets  
 3.10 Impact of Covid-19  
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Food & Beverage Metal Cans Market, By Product
 5.1 Introduction  
 5.2 Aluminum Cans  
 5.3 Steel Cans  
 5.4 Tinplate Cans  
 5.5 Other Products  
     
6 Global Food & Beverage Metal Cans Market, By Type
 6.1 Introduction  
 6.2 Easy-Open Ends  
 6.3 Shaped Cans  
 6.4 Crown Cork Cans  
 6.5 Reclosable Cans  
 6.6 Other Types  
     
7 Global Food & Beverage Metal Cans Market, By Application
 7.1 Introduction  
 7.2 Ready Meals  
 7.3 Soups & Sauces  
 7.4 Carbonated Soft Drinks (CSD) 
 7.5 Alcoholic Beverages 
 7.6 Non-Alcoholic Beverages 
 7.7 Pet Food   
 7.8 Infant Formula  
 7.9 Other Applications  
     
8 Global Food & Beverage Metal Cans Market, By End User
 8.1 Introduction  
 8.2 Retailers   
 8.3 Food Service Providers 
 8.4 Supermarkets/Hypermarkets 
 8.5 Online Retail  
 8.6 Other End Users  
     
9 Global Food & Beverage Metal Cans Market, By Geography
 9.1 Introduction  
 9.2 North America  
  9.2.1 US  
  9.2.2 Canada  
  9.2.3 Mexico  
 9.3 Europe   
  9.3.1 Germany  
  9.3.2 UK  
  9.3.3 Italy  
  9.3.4 France  
  9.3.5 Spain  
  9.3.6 Rest of Europe 
 9.4 Asia Pacific  
  9.4.1 Japan  
  9.4.2 China  
  9.4.3 India  
  9.4.4 Australia  
  9.4.5 New Zealand 
  9.4.6 South Korea 
  9.4.7 Rest of Asia Pacific 
 9.5 South America  
  9.5.1 Argentina 
  9.5.2 Brazil  
  9.5.3 Chile  
  9.5.4 Rest of South America
 9.6 Middle East & Africa 
  9.6.1 Saudi Arabia 
  9.6.2 UAE  
  9.6.3 Qatar  
  9.6.4 South Africa 
  9.6.5 Rest of Middle East & Africa
     
10 Key Developments   
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers 
 10.3 New Product Launch 
 10.4 Expansions  
 10.5 Other Key Strategies 
     
11 Company Profiling   
 11.1 Ardagh Group  
 11.2 Ball Corporation  
 11.3 Can-Pack S.A.  
 11.4 CCL Container  
 11.5 CPMC Holdings Limited 
 11.6 Crown Holdings Inc.  
 11.7 Daiwa Can Company 
 11.8 Eviosys   
 11.9 HUBER Packaging Group GmbH 
 11.10 Kristal Kola   
 11.11 Mauser Packaging Solutions 
 11.12 Metal Container Corporation 
 11.13 Silgan Holdings Inc.  
 11.14 Toyo Seikan Group  
     
List of Tables    
1 Global Food & Beverage Metal Cans Market Outlook, By Region (2021-2030) ($MN)
2 Global Food & Beverage Metal Cans Market Outlook, By Product (2021-2030) ($MN)
3 Global Food & Beverage Metal Cans Market Outlook, By Aluminum Cans (2021-2030) ($MN)
4 Global Food & Beverage Metal Cans Market Outlook, By Steel Cans (2021-2030) ($MN)
5 Global Food & Beverage Metal Cans Market Outlook, By Tinplate Cans (2021-2030) ($MN)
6 Global Food & Beverage Metal Cans Market Outlook, By Other Products (2021-2030) ($MN)
7 Global Food & Beverage Metal Cans Market Outlook, By Type (2021-2030) ($MN)
8 Global Food & Beverage Metal Cans Market Outlook, By Easy-Open Ends (2021-2030) ($MN)
9 Global Food & Beverage Metal Cans Market Outlook, By Shaped Cans (2021-2030) ($MN)
10 Global Food & Beverage Metal Cans Market Outlook, By Crown Cork Cans (2021-2030) ($MN)
11 Global Food & Beverage Metal Cans Market Outlook, By Reclosable Cans (2021-2030) ($MN)
12 Global Food & Beverage Metal Cans Market Outlook, By Other Types (2021-2030) ($MN)
13 Global Food & Beverage Metal Cans Market Outlook, By Application (2021-2030) ($MN)
14 Global Food & Beverage Metal Cans Market Outlook, By Ready Meals (2021-2030) ($MN)
15 Global Food & Beverage Metal Cans Market Outlook, By Soups & Sauces (2021-2030) ($MN)
16 Global Food & Beverage Metal Cans Market Outlook, By Carbonated Soft Drinks (CSD) (2021-2030) ($MN)
17 Global Food & Beverage Metal Cans Market Outlook, By Alcoholic Beverages (2021-2030) ($MN)
18 Global Food & Beverage Metal Cans Market Outlook, By Non-Alcoholic Beverages (2021-2030) ($MN)
19 Global Food & Beverage Metal Cans Market Outlook, By Pet Food (2021-2030) ($MN)
20 Global Food & Beverage Metal Cans Market Outlook, By Infant Formula (2021-2030) ($MN)
21 Global Food & Beverage Metal Cans Market Outlook, By Other Applications (2021-2030) ($MN)
22 Global Food & Beverage Metal Cans Market Outlook, By End User (2021-2030) ($MN)
23 Global Food & Beverage Metal Cans Market Outlook, By Retailers (2021-2030) ($MN)
24 Global Food & Beverage Metal Cans Market Outlook, By Food Service Providers (2021-2030) ($MN)
25 Global Food & Beverage Metal Cans Market Outlook, By Supermarkets/Hypermarkets (2021-2030) ($MN)
26 Global Food & Beverage Metal Cans Market Outlook, By Online Retail (2021-2030) ($MN)
27 Global Food & Beverage Metal Cans Market Outlook, By Other End Users (2021-2030) ($MN)
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials