Can Packaging Market Size - By Material, By Closure Type, By Application, By End-use Industry Analysis, Share, Growth Forecast, 2025 - 2034

Can Packaging Market Size

The global can packaging market was valued at USD 55.5 billion in 2024 and is estimated to grow at a CAGR of 4.8% from 2025 to 2034.
 

The can packaging industry is expected to grow significantly due to consumers and companies' growing interest in environmentally friendly alternatives that improve the product's user-friendliness. There is a change in consumer consumption, as well as among companies, that is oriented towards ecofriendly materials which are conducive to eliminating carbon emissions and enhancing a product’s functionality. In June 2023, Eviosys introduced 'Ecopeel', a more modern metal food can that replaces the conventional ring-pull with a foil seal that peels off. This new concept will help in cutting down the carbon emissions per can by twenty percent and at the same time making filling the can easier and more efficient.

Can Packaging Market Trends

The most important trend in can packaging is the use of environmentally-friendly materials to optimize supply chain processes. There is an overall interest from manufacturers in utilizing recycled aluminium and biodegradable coatings to lessen the adverse effects of packaging. This development emerged from consumers and firms shifting towards green options. In addition, improvements in printing and labelling processes have made it possible for companies to create futuristic, appealing packages while paying less attention to waste. These modifications notably mitigate waste and encourage the deepening focus on ecological efficiency that is emerging in several industries.
 

Can Packaging Market Analysis

The increase in costs associated with innovation, raw materials, energy and labor has made high production costs challenging. Aluminum is used as a major material for container packaging, but its price remains volatile and is influenced by global demand and supply, as well as by trade and energy policies. In addition, light cans, environmentally friendly coatings and effective filling and sealing costs also consume a fair amount of investment in machines and increase capital expenditure further.
 

The cost of raw material has had an impact on the overall economic aspect of the industry. But at the same time this has also opened the can packaging industry with the great opportunity of selling fully customized and high-end premium packaging solutions. There has been rapid growth in sectors such as craft beverages and even gourmet foods and pet specialties where there has been a significant increase in people buying items that appeal aesthetically.
 

Based on material, the can packaging market is divided aluminum, steel, and biodegradable/green cans. The aluminum segment is expected to reach a value of over USD 55 billion by 2034.
 

• Lightweight and durable, aluminum cans are excellent for packaging. Their strength and resistance to corrosion help preserve the quality of the contents, ensuring products remain fresh for longer periods, contributing to their growing demand in the packaging market.
   
• Aluminum is highly recyclable, with a process that consumes less energy than producing new material. As sustainability becomes increasingly important to consumers and manufacturers, aluminum’s eco-friendly attributes make it a preferred choice in the market, driving its growth.
   

Based on closure type, the can packaging market is divided into pull-tab cans, pop-top cans, push-in cans, and non-resealable cans. The push-in cans segment is the fastest growing segment with a CAGR of over 6% between 2025 and 2034.
 

• The push-in-cans segment is the fastest-growing segment in the market due to the convenience and safety it provides consumers. The push-in bottles have a simple to operate closure mechanism, providing good efficiency and effective sealing that helps to keep the product fresh. As consumers are more interested in convenience and ease of use, push-in cans provide a better option for products that need to be unsealed with minimal effort and become a choice for many manufacturers.
   
•  In addition, the push-in can closure system guarantees the best tamper proof and sealing to protect and improve the quality of the product. This has become an important element, especially for food and beverage packaging where freshness and contamination are equally crucial. Increased focus on product safety and user-friendliness combined with innovative designs makes push-in cans increasingly popular. With an increasing understanding of convenience and product preservation, push-in cans are recognized as convenient packaging, which further accelerates market growth in this segment.
   

North America held a share of over 25% in the global can packaging market. The market in the U.S. is experiencing growth due to a combination of factors. Advancements in can technology and growing consumer interest in eco-friendly packaging solutions are fueling this trend. Amongst all types of metal cans, aluminum seems to be the most sought after because of its recyclability and ability to keep product integrity intact. Moreover, the growth of the beverage industry which includes craft beer and energy drinks also increases this demand since cans are ideal for their marketing, convenience, and portability.
 

The Chinese can packaging industry is growing at a remarkable pace, as the commercial food and beverages market is growing at a rapid pace. With the growing population, especially in the beverage industry, the demand for packaged goods such as soft drinks, alcoholic beverages, and instant foods is increasing, resulting in a higher use of metal cans. With Chinese consumers and manufacturers becoming more aware of the environment, sustainable packaging solutions are now taking the lead in adoption.
 

India’s can packaging market is expanding due to the rising popularity of packaged beverages and processed foods. This is particularly prominent in the urban centers as people have started preferring ready-to-eat food and beverages and on-the-go solutions. The push for these commodities is energy drinks, soft drinks, and even alcohol.
 

In South Korea, the market is expanding, owing to strong demand from snack and beverage industries. In the modern day, consumers prefer to have a wider variety of options which leads to rise in demand of premium products. Consequently, this also increases the demand for can packaging, especially in the beverage industry. Moreover, South Koreans are becoming more conscious which forces the industries to adopt sustainable packaging and recycling methods.
 

Japan's can packaging market is expected to grow at a steady pace, owing to the mature beverage industry which includes a robust demand for canned coffee, energy drinks and alcoholic beverages. Convenience with quality and innovation is highly valued in Japan. This increases the demand for metal cans that are easy to use while keeping the freshness of the product and to top it all, Japan is focusing on sustainability. This pushes manufacturers to adopt ecofriendly packaging solutions like recyclable and lighter cans.
 

Can Packaging Market Share

The competition in the can packaging industry is primarily driven by factors such as price, product innovation, sustainability, and distribution capabilities. Major companies compete on price while trying to provide the maximum quality. Company specific changes regarding advanced opening mechanism, reduction of package weight, and use of recyclable material are critical in attracting consumers concerned with the environment. The environment is becoming a major issue and competition is increasing as the resources and packaging invested in are greener. In a very competitive market, companies are also competing in establishing distribution networks in various geographic locations to deliver packaged goods on time.
 

Can Packaging Market Companies

Major players operating in the can packaging industry are:

• Ajanta Bottle
• Ardagh
• Ball Corporation
• Bikaner Polymers
• CANPACK
• Casablanca
• Crown
• Daiwa Can Company
• Fibre Foils
• Hindustan Tin Works
• Kaiser Aluminum
• Kian Joo Can Factory Berhad
• Orora Packaging Australia
• Silgan Containers
• Sonoco Products Company
• Swastik Tins
• Trivium Packaging
• Vaspal Packaging
• Zenith Tins
   

Can Packaging Industry News

• In October 2024, Arnest Packaging Solutions announced plans to build a new aluminium beverage can manufacturing plant in Uzbekistan. With an investment of $100 million, the facility, set to open in late 2025, will have a production capacity of over 1.5 billion cans annually. Around 30% of production will be for export, strengthening Arnest's presence in international markets.
   
• In June 2024, Sonoco Products Company announced its agreement to acquire Eviosys, a European metal packaging producer, for $3.9 billion. This acquisition strengthens Sonoco's leadership in the global metal food can and aerosol packaging markets. The deal expands Sonoco's market reach, particularly in the U.S., while creating significant synergies and operational efficiencies.
   

This can packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

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Market, By Material

• Aluminum
• Steel
• Biodegradable/green cans

Market, By Closure Type

• Pull-tab cans
• Pop-top cans
• Push-in cans
• Non-resealable cans

Market, By Application

• Non-alcoholic beverages
• Alcoholic beverages
• Food products
• Personal care & cosmetics
• Others

Market, By End-use Industry

• Food and beverages
• Consumer goods
• Pharmaceuticals
• Chemical
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa