Global Aluminum Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aluminum Cans Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An aluminum can is a container for packaging made primarily of aluminum. It is commonly used for foods and beverages such as milk and soup but also for products such as oil, chemicals, and other liquids.

Market Overview:

The latest research study on the global Aluminum Cans market finds that the global Aluminum Cans market reached a value of USD 40924.0 million in 2022. It’s expected that the market will achieve USD 49745.0 million by 2028, exhibiting a CAGR of 3.31% during the forecast period.

Market Challenges

The aluminum can manufacturer is lined with a thin layer of plastic inside the can to prevent aluminum from penetrating into the food. Unfortunately, one side effect of including plastic liners in aluminum cans is that consumers may be exposed to BPA toxic levels.
Besides, after a person opens an aluminum can, the interior poses an injury because of its sharp edges--a risk not found in other types of food packaging material. The British Medical Journal notes that injuries sustained from opening aluminum cans may cause the need for stitches, sterile dressing and antibiotics. This risk affects children, as well as adults.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Ball Corporation, Crown and Ardagh Group with the revenue market share of 22.19%, 15.64% and 10.86% in 2018.

Ball Corporation provides metal packaging for beverages, foods, and household products. The Company also supplies aerospace and other technologies and services to commercial and governmental customers. Ball serves customers worldwide.

Crown is a leader in metal packaging technology, offering innovative packaging that delivers tremendous value to brand owners, retailers and consumers alike. Crown has operations in 47 countries.

Segmentation Overview:

Among different product types, Two-piece Cans segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Beverage segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Aluminum Cans market covered in Chapter 3:

Amcor
Ball Corporation
CANPACK Group
ORG Packaging
Shengxing Group
Silgan Holdings Inc
Ardagh Group
Toyo Seikan Group
Crown
SHOWA
CPMC
EXAL

In Chapter 4 and Chapter 14.2, on the basis of types, the Aluminum Cans market from 2018 to 2029 is primarily split into:

One-Piece Cans
Two-piece Cans

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aluminum Cans market from 2018 to 2029 covers:

Chemicals
Beverage
Food
Pharmaceuticals
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)