Market research reports, consulting: Global Market Insights Inc.

Metal Packaging Market Size - By Material Type, By Product Type, By Application and Forecast, 2025 - 2034

Report ID: GMI12913
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Published Date: December 2024
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Report Format: PDF

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Metal Packaging Market Size

The global metal packaging market was valued at USD 153.3 billion in 2024 and is estimated to grow at a CAGR of 3.3% from 2025 to 2034. Increasing consumer interest in reducing single-use packaging is a key growth driver for the market.
 

Metal Packaging Market

Rising environmental awareness and demand for sustainable solutions are pushing brands to adopt reusable and recyclable metal packaging, such as stainless steel and aluminum, which offer durability, circularity, and reduced environmental impact.
 

For instance, in September 2024, Nestle France partnered with Circolution and Le Fourgon to test reusable stainless steel containers for KitKat Ball and Lion Pops. With a refundable deposit, the six-month initiative in Hauts-de-France aims to reduce single-use packaging, assessing consumer interest and environmental impact under the “EncoRe plus de reemploi” initiative.
 

Metal Packaging Market Trends

A key trend in the metal packaging industry is the shift towards advanced sealing technologies. These innovations, such as peelable foils and integrated sealing solutions, enhance sustainability by reducing material waste and carbon emissions. They also improve consumer convenience and operational efficiency, while offering greater branding and customization opportunities for businesses. For instance, in June 2023, Eviosys launched Ecopeel, a groundbreaking metal packaging innovation combining a can with a peelable foil. Designed to reduce carbon emissions by 20%, it enhances sustainability, accessibility, and branding opportunities while streamlining processes for brands. Ecopeel sets new standards for inclusive, efficient, and eco-friendly packaging solutions.
 

Metal Packaging Market Analysis

High material and production costs present a significant challenge for the metal packaging industry. The cost of raw materials such as aluminum and steel has been fluctuating, driven by supply chain disruptions and increasing demand across various industries. Additionally, manufacturing processes for metal packaging require advanced technologies, which can involve high capital investment and energy consumption. These factors contribute to increased production costs, putting pressure on manufacturers to maintain profitability while striving to meet sustainability goals. As a result, balancing cost efficiency with innovative packaging solutions remains a key concern for the industry.
 

An emerging opportunity in the metal packaging industry is the growing demand for convenient and functional packaging in the food and beverage industry. As consumers prioritize convenience, packaging solutions such as easy-to-open, resealable cans, and portion-controlled packaging present significant growth potential. This trend drives manufacturers to innovate and create designs that improve the user experience, leading to wider adoption of metal packaging across various consumer goods sectors.
 

Metal Packaging Market Size, By Material, 2021-2034 (USD Billion)

Based on material, the market is divided into aluminium, and steel. The aluminium segment is expected to reach a value of over USD 100 billion by 2034.
 

  • The aluminum segment in the metal packaging market is expected to reach a significant value due to its lightweight, corrosion-resistant, and versatile properties, making it ideal for a wide range of packaging applications. Aluminum is widely used in the beverage and food industries, particularly in the production of cans and trays. Its ability to retain product freshness and provide an effective barrier against light, air, and moisture enhances the shelf life of products, driving its demand. Additionally, the growing consumer preference for aluminum cans over plastic bottles due to their recyclability further contributes to the material's prominence.
     
  • Moreover, the increasing focus on sustainability and the circular economy is bolstering the aluminum segment's growth. Aluminum is highly recyclable, and its recycling process uses significantly less energy compared to producing new aluminum, making it an eco-friendly option. As industries strive to reduce their carbon footprint, the demand for aluminum packaging is expected to rise. Many leading companies are investing in aluminum production technologies and recycling programs, which will likely fuel further growth in this segment, ensuring its substantial market share in the metal packaging industry.

 

Metal Packaging Market Share, By Product Type, 2024

Based on product type, the market is divided into containers & cans, bottles & jars, caps & closures, barrels & drums, and others. The bottles & jars segment is the fastest growing segment with a CAGR of over 5% between 2025 and 2034.
 

  • The bottles and jars segment in the metal packaging market is experiencing rapid growth due to the increasing demand for premium and sustainable packaging solutions across various industries, particularly in the food and beverage sector. Metal bottles and jars are highly valued for their ability to preserve product quality, especially in terms of taste, freshness, and shelf life. Their non-reactive properties prevent contamination from external elements, which is particularly important for products like sauces, beverages, and cosmetics. As consumers increasingly prioritize sustainability, metal packaging, known for its recyclability, is becoming the preferred choice over other materials like plastic, further boosting the demand for metal bottles and jars.
     
  • Additionally, the trend toward eco-friendly and aesthetically appealing packaging has made metal bottles and jars a popular choice for premium products. These containers offer superior durability and protection, which is crucial for high-value products such as artisanal beverages, skincare products, and luxury foods. The market's shift towards personalized and high-quality packaging options, combined with the growing awareness of the environmental impact of packaging waste, is driving the expansion of the bottles and jars segment. This segment's ability to meet both consumer demand for sustainability and product preservation needs positions it as the fastest-growing category in the market.

 

U.S. Metal Packaging Market Size, 2021-2034 (USD Billion)

North America held the share of over 35% in 2024.  The growth of the metal packaging market in the U.S. is driven by increasing consumer demand for sustainable packaging solutions and the rising adoption of eco-friendly alternatives to plastic. U.S. companies are increasingly focusing on reducing environmental impact by opting for recyclable and reusable materials, such as metal, which aligns with consumer preferences for sustainability. Additionally, the strong presence of major food, beverage, and consumer goods companies in the U.S., combined with ongoing innovations in packaging technology, further supports the expansion of the market in the region.
 

China's metal packaging industry is experiencing rapid growth, driven by increasing urbanization and the demand for packaged food and beverages. The Chinese government's growing focus on sustainability and environmental regulations is encouraging the shift from plastic to more eco-friendly metal packaging options. Additionally, with a large manufacturing base and extensive export capabilities, China is seeing increased demand for both domestic consumption and international distribution, particularly in the beverage and food industries.
 

In India, the metal packaging market is expanding due to a surge in consumer demand for packaged goods, especially in the food and beverage sectors. Rising disposable incomes and a shift towards urban lifestyles are contributing to increased consumption of convenience products that often come in metal packaging. Furthermore, the Indian government's initiatives promoting recycling and sustainability are pushing industries toward adopting more sustainable packaging solutions, fueling the growth of the market.
 

South Korea's market is growing steadily, supported by technological innovations and a strong focus on sustainability. The country's consumer preference for environmentally friendly products, coupled with its highly developed manufacturing sector, is driving the adoption of metal packaging. South Korean consumers are increasingly inclined toward products with recyclable packaging, leading to heightened demand for metal-based solutions in food, beverages, and personal care items.
 

Japan's market is thriving, driven by consumer awareness about sustainability and the demand for high-quality, durable packaging. Japan has long been a leader in packaging innovation, and the adoption of metal packaging is on the rise due to its recyclability and ability to preserve product quality. With a strong manufacturing base and increasing eco-conscious consumer behavior, Japan is witnessing growth in both domestic demand and export opportunities for metal-packaged goods.
 

Metal Packaging Market Share

Metal Packaging Market Share Analysis, 2024

The competition in the metal packaging industry is primarily driven by factors such as price, product innovation, differentiation, and distribution. Key players compete by offering cost-effective solutions without compromising quality, while also focusing on sustainable and eco-friendly packaging options to meet growing consumer demand for environmental responsibility. Product differentiation, through unique designs and functionalities like easy-to-open cans or recyclable materials, plays a crucial role. Additionally, companies are striving to expand their distribution networks globally, ensuring accessibility to both emerging and developed markets.
 

Metal Packaging Market Companies

Major players operating in the metal packaging industry are:

  • Amcor
  • Ardagh Group
  • Ball Corporation
  • CAN-PACK
  • CCL Containers
  • CPMC Holdings
  • Crown Holdings
  • DS Containers
  • Greif
  • Mauser Packaging Solutions
  • Novelis
  • Silgan Holdings
  • Sonoco Products
  • Tata Steel
  • Toyo Seikan Group
  • Tubex
  • Visy Industrie
     

Metal Packaging Industry News

  • In May 2024, Mauser Packaging Solutions completed its acquisition of Taenza, S.A. de C.V., a Mexican manufacturer of tin-steel cans and pails. This acquisition strengthens Mauser’s presence in the Mexican market, expanding its manufacturing capabilities and offering growth opportunities in the paint, sanitary, and specialty sectors.
     
  • In January 2024, Novelis Inc. signed a new contract with Ardagh Metal Packaging USA to supply aluminum beverage packaging sheet to its North American facilities. This partnership highlights the growing demand for sustainable packaging, driven by consumer preference for recyclable aluminum cans. Novelis' new plant in Bay Minette, Alabama, will support this expansion.
     

This metal 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:

Market, By Material Type

  • Aluminum
  • Steel

Market, By Product Type

  • Containers & cans
  • Bottles & jars
  • Caps & closures
  • Barrels & drums
  • Others

Market, By Application

  • Processed food
  • Dairy products
  • Beverages
  • Personal care & cosmetics
  • Paints & varnishes
  • Healthcare
  • 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

 

Authors: Suraj Gujar, Kanhaiya Kathoke
Frequently Asked Question(FAQ) :
Who are the major players in the metal packaging industry?
Key players in the industry include Amcor, Ardagh Group, Ball Corporation, CAN-PACK, CCL Containers, CPMC Holdings, Crown Holdings, DS Containers, Greif, Mauser Packaging Solutions, Novelis, Silgan Holdings, Sonoco Products, Tata Steel, Toyo Seikan Group, Tubex, and Visy Industrie.
How big is the global metal packaging market?
How much is the North America metal packaging market worth?
Which is the fastest-growing segment by product type in the metal packaging industry?
Metal Packaging Market Scope
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    Premium Report Details

    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 556

    Countries covered: 18

    Pages: 210

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