Metal Cans and Aerosols Market Research Report Information by Product Type (Cans, Aerosols), by Material (Steel, Aluminum, Tin), by Application (Food, Beverages, Personal Care & Cosmetics, Healthcare, Chemical, Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Industry Forecast Till 2032
The market size for metal cans and aerosols is projected to reach USD 53,176.6 million by 2023. The industry for metal cans and aerosols is expected to expand at a compound annual growth rate (CAGR) of 4.8% between 2024 and 2032, from USD 55,558.7 million in 2024 to USD 81,003.4 million by 2032.
The expansion of the beverage packaging sector has resulted in a notable increase in demand for metal cans and aerosols. Numerous reasons that together highlight the importance of metal packaging in the beverage industry are responsible for this increase. One of the main factors is the growing trend of consumer preferences for lightweight and portable packaging, particularly for beverages. Due to their strength, mobility, and capacity to effectively preserve the contents within, metal cans are growing in popularity with consumers. Because of these built-in benefits, beverages such as carbonated soft drinks, energy drinks, and ready-to-drink beverages frequently use metal cans for their packaging.
Insights on Market SegmentsThe Metal Cans and Aerosols Market is divided into the following segments based on the kind of product: Aerosols and cans.
The Steel, Aluminum, and Tin segments make up the Metal Cans and Aerosols Market according to material.
The Food (Dairy Products, Edible Oil, Meat Products, Confectionary Products, Soup, Vegetables, Pet Food and Others), Beverages (Alcoholic Beverages and Non-Alcoholic Beverages), Personal Care & Cosmetics (Perfumes & Mists, Deodorants, Other Personal Care Products), Healthcare, Chemical and Others are the segments of the Metal Cans and Aerosols Market based on application.
Regional PerspectivesThe United States, Canada, and Mexico make up North America. The market for metal cans and aerosols in North America is divided into a number of categories, one of which is the food and beverage industry. In this industry, metal packaging is essential for maintaining product freshness, extending shelf life, and guaranteeing consumer convenience. Aluminum beverage cans are favored because of their superior barrier qualities, lightweight design, and durability.
Germany, France, the United Kingdom, Italy, Spain, Turkey, and the rest of Europe make up Europe. The market for aerosols and metal cans in Europe is complex, with many moving parts that are influenced by recycling, environmental sustainability, legal compliance, and technical advancements.
China, India, Japan, Indonesia, Malaysia, Vietnam, South Korea, Australia, the Philippines, and the rest of Asia Pacific make up Asia-Pacific. The superior preservation qualities and structural integrity of metal cans, especially in the food packaging sector throughout Asia, are among the drivers propelling the strong growth of the metal cans and aerosol market in the Asia Pacific region.
The United Arab Emirates, South Africa, Saudi Arabia, and the remaining Middle Eastern and African nations are included in the region. The Middle East and Africa (MEA) region's metal can and aerosol market is expanding rapidly, with Saudi Arabia and the United Arab Emirates (UAE) positioned to take the lead in this industry.
South America comprises Argentina, Brazil, and the remaining countries in the region. Particularly when it comes to packaged food and drink, the South American market for aerosols and metal cans represents a dynamic environment driven by changing consumer tastes and market dynamics.
Principal PlayersImportant parties include Toyo Seikan Group, Exal Corporation, TUBEX GMBH, Envases Universales, Massilly Group, DS Containers, ITW Sexton, Nampak Ltd., CCL Container, ColepPackaging, CPMC Holdings, Ball Corporation, Trivium Packaging, Crown Holdings, Inc., SWAN Industries (Thailand) Company Limited., Staehle GmbH u. Co. KG, Kian Joo Can, Tecnocap S.p.A., Canpack, Silgan, Sonoco, and Alucon.