Metal Cans Market Size and Share

Metal Cans Market Summary
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Metal Cans Market Analysis by Mordor Intelligence

The global metal cans market size stood at USD 85.44 billion in 2025 and is forecast to climb to USD 101.87 billion by 2030, translating into a steady 3.58% CAGR over the period. Current expansion reflects the shift from conventional packaging toward recyclable, circular-economy solutions. Aluminum maintains a pivotal position because it can be recycled indefinitely without degrading, and national recycling programs are rapidly scaling collection infrastructure-Japan’s 2024 aluminum can recovery rate surpassed 93%. Lightweighting technologies such as Ball Corporation’s ReAl Gen 2 alloy, introduced in 2024, are trimming material use by up to 15% and helping brand owners contain cost volatility tied to primary aluminum pricing. At the same time, deposit-return systems and extended producer-responsibility programs in Europe, North America, and parts of Asia are internalizing environmental costs, reinforcing the value proposition of the metal cans market. The beverage sector remains the cornerstone end user, yet pharmaceutical demand is gathering pace on the back of tamper-evident requirements and track-and-trace mandates, underpinning the metal cans market’s multi-segment resilience.

Key Report Takeaways

  • By material type, aluminum commanded 71.21% of metal cans market share in 2024, while steel registered slower expansion despite niche retention in certain food categories.  
  • By can structure, two-piece formats led with 54.53% revenue share in 2024; monobloc aerosol cans posted the fastest 4.94% CAGR through 2030.  
  • By capacity, the 250-500 ml range accounted for 30.42% of the metal cans market size in 2024; ≤250 ml cans are on track for a 5.01% CAGR.  
  • By manufacturing process, drawn-and-ironed cans held 32.59% of the metal cans market size in 2024, whereas impact extrusion is accelerating at a 4.88% CAGR.  
  • By end-user industry, beverages contributed 38.42% of the metal cans market share in 2024; pharmaceuticals are advancing at a 5.11% CAGR to 2030.  
  • By geography, North America led with 40.12% revenue share in 2024; Asia-Pacific is projected to expand at a 6.06% CAGR through 2030.

Segment Analysis

By Material Type: Aluminum’s Circular Economy Advantage

Aluminum captured a commanding 71.21% metal cans market share in 2024 and is on course for a 4.43% CAGR through 2030. That dominance rests on closed-loop recycling systems that require 95% less energy than primary smelting, lowering scope 3 emissions for brand owners. [3] Japan Aluminum Association, “Aluminum Recycling Statistics 2024,” aluminum.or.jp Across beverages, personal care, and pharmaceuticals, marketers leverage aluminum’s printable surface and corrosion resistance to differentiate premium SKUs. In parallel, decarbonization pressures elevate aluminum versus steel, whose mills face rising carbon fees.  

Steel remains essential where physical robustness overrides weight penalties-chiefly in canned meats and heat-processed meals. Yet continuing decarbonization costs are eroding its long-term price competitiveness. Producers respond by alloying tinplate with chromium to trim gauge, but substitution risk persists. For investors, the metal cans market reflects a clear material bifurcation: aluminum for growth, steel for stability.

Metal Cans Market: Market Share by Material Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Can Structure: Monobloc Innovation Drives Growth

Two-piece cans preserved 54.53% share in 2024 thanks to efficient drawn-and-ironed lines that churn out billions of beverage units annually. These formats balance weight, cost, and stacking strength, underscoring their role as the backbone of the metal cans market size. On the innovation front, monobloc aerosol designs are expanding at a 4.94% CAGR, helped by personal-care brands seeking seamless shapes and advanced valves.  

Impact-extruded monoblocs enable refillable cartridge systems and ultralight shells, unlocking eco-premium price points in deodorants and hair mists. Three-piece welded cans, while aging, sustain niche demand in large-volume foodservice and specialty products where customized diameters or necked ends matter more than weight. Overall, structural variety equips converters to serve diverse product viscosities, filling pressures, and shelf-life requirements.

By Capacity/Size: Premiumization Fuels Smaller Formats

The 250-500 ml category delivered 30.42% of the metal cans market size in 2024, driven by mainstream soda and beer volumes. Yet ≤250 ml slim and sleek cans represent the fastest 5.01% CAGR. These smaller formats match today’s portion-control ethos and command higher price per ounce as consumers equate compact graphics with specialty positioning. Smart-printing pilots commonly debut on 200 ml RTD coffees, illustrating how digital engagement layers onto premium SKUs.  

Mid-size 500-1,000 ml cans hold steady among family beverages and pantry staples, whereas containers exceeding 1 L cater to industrial coatings, edible oils, and institutional ingredients. As e-commerce expands, shipping cost constraints spotlight weight-efficient smaller cans, further fueling the premium miniature trend inside the global metal cans market.

By Manufacturing Process: Impact Extrusion Gains Efficiency

Drawn-and-ironed technology made up 32.59% of the metal cans market size in 2024 since it scales easily for carbonated beverages. The method delivers thin walls with minimal scrap, maintaining its cost edge for high-throughput lines. Impact extrusion, however, is gaining ground at a 4.88% CAGR because it lets producers form dent-resistant, seamless walls for cosmetics, OTC sprays, and lubricants while cutting metal waste by roughly 20%.  

Process engineers have refined die-lubricant mixtures and servo press controls to raise cycle speeds, narrowing the unit-cost gap with DI lines. Drawn-and-redrawn techniques survive where multi-stage deep draws create complex geometries for paint, sealants, or specialty chemicals. Collectively, process diversification equips manufacturers with a playbook to optimize strength, aesthetics, and sustainability targets.

Metal Cans Market: Market Share by Manufacturing Process
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By End-User Industry: Pharmaceutical Uptake Accelerates

Beverage fillers retained 38.42% metal cans market share in 2024 and continue to be the demand anchor, underscored by high carbonation stability and fast-chill appeal. In contrast, pharmaceuticals are the growth engine, advancing at a 5.11% CAGR as regulators tighten integrity and counterfeit controls. Serialization-ready metal packs meet 2D-barcode mandates, and aluminum’s inertness safeguards active ingredients.  

Food brands leverage cans to curb spoilage, a corporate priority linked to SDG 12.3 goals. Personal-care labels exploit decoration latitude to convey spa-quality cues, while automotive fluids and paints rely on puncture resistance and chemical compatibility. These multi-industry streams reinforce volume diversity and help buffer cyclical weakness in any single sector.

Geography Analysis

North America led the global metal cans market with 40.12% revenue share in 2024. Mature soft-drink consumption, highly efficient curbside collection, and EPR statutes underpin stable can demand. Regional aluminum recycling rates hover near 75%, ensuring supply security while muting virgin-metal exposure. Recent announcements exceeding USD 200 million for new capacity in the United States and Mexico signal long-term confidence in steady, if incremental, growth.  

Asia-Pacific is projected to log a 6.06% CAGR to 2030, the fastest worldwide. Urban migration, rising middle-class incomes, and surging RTD innovations keep can volumes expanding. Japan’s deposit-scheme framework recovered 93% of aluminum cans in 2024, setting a circular-economy benchmark for neighbors. China’s move from import dependence to regional export hub illustrates the strategic shift toward indigenous manufacturing and broader influence over global supply networks.

Europe balances opportunity and complexity. Stringent BPA rules force costly liner shifts, yet the same regulations elevate cans’ sustainability credentials and accelerate steel-to-aluminum substitution. The Green Deal’s circularity targets amplify recycling premiums, ultimately supporting the metal cans market despite short-term compliance drag. [4]European Commission, “European Green Deal,” ec.europa.eu South America and the Middle East and Africa represent frontier demand where infrastructure gaps and price sensitivity slow adoption, but gradual EPR frameworks and digitization could lift can penetration over the forecast horizon.

Metal Cans Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Industry structure is moderately consolidated, with a handful of multinationals controlling large swaths of capacity yet facing nimble regional challengers. Ball Corporation, Crown Holdings, Ardagh Metal Packaging, and Silgan Holdings collectively defend market positions through geographic expansion, lightweighting R&D, and digital printing rollouts. The 2024 acquisition of Helvetia Packaging by Crown bolstered premium food can portfolios in Europe.  

Technology races center on reducing metal intensity, embedding smart-codes, and validating BPA-NI liners. Companies are also integrating blockchain audits to assure provenance and differentiate with traceability certifications. Smaller entrants penetrate craft beverage and personal-care niches by offering agile design services and short-run printing, challenging incumbents to enhance service levels.

Steel decarbonization costs and carbon-trading exposure are tilting the competitive field toward aluminum, prompting some converters to retrofit lines accordingly. Strategic alliances-such as Ball’s partnership with Meadow-bring cross-category expertise and broaden aluminum’s reach into sectors historically dominated by plastics. The result is an ecosystem where scale, sustainability credentials, and digital capabilities together define winning positions.

Metal Cans Industry Leaders

  1. Ball Corporation

  2. Crown Holdings Inc.

  3. Ardagh Group S.A.

  4. Silgan Holdings Inc.

  5. CAN-PACK S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Metal Cans Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • February 2025: Ball Corporation published its 2024 Combined Annual and Sustainability Report highlighting achievements in aluminum recycling and circular-economy initiatives, demonstrating progress toward sustainability commitments and regulatory compliance objectives Ball Corporation.
  • January 2025: Crown Holdings announced the launch of its new digital printing capabilities for beverage cans, enabling customization and limited-edition designs that support brand differentiation strategies in competitive beverage markets Crown Holdings.
  • January 2025: Ball Corporation entered into a strategic alliance with Meadow involving a minority investment to commercialize MEADOW KAPSUL fully recyclable aluminum can system for personal and home care products, expanding aluminum packaging into categories traditionally served by plastic containers and creating new market opportunities in sustainable personal care applications Ball Corporation.
  • January 2025: Ball Corporation and Henkel won the ADF Sustainable Innovation Award at Paris Packaging Week for developing a 150 ml lightweight impact-extruded aluminum aerosol can using Ball's proprietary ReAl Gen 2 alloy, representing Europe's lightest impact-extruded aerosol can and demonstrating advanced lightweighting capabilities Ball Corporation.

Table of Contents for Metal Cans Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Impact of Macroeconomic Factors on the Market
  • 4.5 Market Drivers
    • 4.5.1 Aluminum price volatility accelerates lightweighting adoption
    • 4.5.2 Global DRS programs expanding refill-deposit loops
    • 4.5.3 Growth in RTD beverage launches
    • 4.5.4 Food-waste reduction initiatives driving shelf-stable formats
    • 4.5.5 Craft aerosol packaging for personal-care “at-home spa” trend†
    • 4.5.6 Smart-printing (QR/NFC) enabling supply-chain traceability
  • 4.6 Market Restraints
    • 4.6.1 PET and flexibles cost advantage in emerging markets
    • 4.6.2 EU BPA-migration limits on epoxy liners
    • 4.6.3 Steel mill decarbonisation costs inflating input prices†
    • 4.6.4 E-commerce shift to “ship-in-own-container” formats

5. MARKET SIZE AND GROWTH FORECASTS

  • 5.1 By Material Type
    • 5.1.1 Aluminium
    • 5.1.2 Steel
  • 5.2 By Can Structure
    • 5.2.1 Two-Piece
    • 5.2.2 Three-Piece
    • 5.2.3 Monobloc Aerosol
  • 5.3 By Capacity / Size
    • 5.3.1 ≤250 ml
    • 5.3.2 250–500 ml
    • 5.3.3 500–1,000 ml
    • 5.3.4 >1,000 ml
  • 5.4 By Manufacturing Process
    • 5.4.1 Drawn and Ironed (D&I)
    • 5.4.2 Drawn and Redrawn (DRD)
    • 5.4.3 Impact Extrusion
  • 5.5 By End-User Industry
    • 5.5.1 Food
    • 5.5.2 Beverage
    • 5.5.3 Personal Care and Cosmetics
    • 5.5.4 Pharmaceuticals
    • 5.5.5 Paints and Industrial Chemicals
    • 5.5.6 Automotive Fluids and Lubricants
    • 5.5.7 Other End-User Industry
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Chile
    • 5.6.2.4 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 United Kingdom
    • 5.6.3.2 Germany
    • 5.6.3.3 France
    • 5.6.3.4 Spain
    • 5.6.3.5 Italy
    • 5.6.3.6 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 India
    • 5.6.4.3 Japan
    • 5.6.4.4 Australia
    • 5.6.4.5 South Korea
    • 5.6.4.6 Vietnam
    • 5.6.4.7 Rest of Asia-Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Middle East
    • 5.6.5.1.1 Saudi Arabia
    • 5.6.5.1.2 United Arab Emirates
    • 5.6.5.1.3 Turkey
    • 5.6.5.1.4 Rest of Middle East
    • 5.6.5.2 Africa
    • 5.6.5.2.1 South Africa
    • 5.6.5.2.2 Nigeria
    • 5.6.5.2.3 Egypt
    • 5.6.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Ball Corporation
    • 6.4.2 Crown Holdings Inc.
    • 6.4.3 Ardagh Group S.A.
    • 6.4.4 Silgan Holdings Inc.
    • 6.4.5 CAN-PACK S.A.
    • 6.4.6 Toyo Seikan Group Holdings Ltd.
    • 6.4.7 CPMC Holdings Ltd.
    • 6.4.8 Showa Denko K.K.
    • 6.4.9 Mauser Packaging Solutions LLC
    • 6.4.10 DS Containers Inc.
    • 6.4.11 CCL Container Inc.
    • 6.4.12 Independent Can Company
    • 6.4.13 Hindustan Tin Works Ltd.
    • 6.4.14 Saudi Arabian Packaging Industry Co. (SAPIN)
    • 6.4.15 Kian Joo Can Factory Berhad
    • 6.4.16 Colep Packaging S.A.
    • 6.4.17 Can-One Berhad
    • 6.4.18 Greif Metal Packaging Division
    • 6.4.19 Massilly Holding SAS
    • 6.4.20 Universal Can Corp.
    • 6.4.21 Pacific Can China Holdings Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Metal Cans Market Report Scope

Metal cans are containers for the distribution or storage of goods. It is composed of thin metal, which is prominently driven by its growing use in food and beverage packaging. The metal can market is tracked by the revenue accumulated from the metal can sales offered by various vendors in the market.

The metal cans market is segmented by material type (aluminum and steel), end-user industry (food, beverage, cosmetics and personal care, pharmaceuticals, paint, and other end-user industries), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Material Type
Aluminium
Steel
By Can Structure
Two-Piece
Three-Piece
Monobloc Aerosol
By Capacity / Size
≤250 ml
250–500 ml
500–1,000 ml
>1,000 ml
By Manufacturing Process
Drawn and Ironed (D&I)
Drawn and Redrawn (DRD)
Impact Extrusion
By End-User Industry
Food
Beverage
Personal Care and Cosmetics
Pharmaceuticals
Paints and Industrial Chemicals
Automotive Fluids and Lubricants
Other End-User Industry
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Chile
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific China
India
Japan
Australia
South Korea
Vietnam
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Material Type Aluminium
Steel
By Can Structure Two-Piece
Three-Piece
Monobloc Aerosol
By Capacity / Size ≤250 ml
250–500 ml
500–1,000 ml
>1,000 ml
By Manufacturing Process Drawn and Ironed (D&I)
Drawn and Redrawn (DRD)
Impact Extrusion
By End-User Industry Food
Beverage
Personal Care and Cosmetics
Pharmaceuticals
Paints and Industrial Chemicals
Automotive Fluids and Lubricants
Other End-User Industry
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Chile
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific China
India
Japan
Australia
South Korea
Vietnam
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the global metal cans market in 2025?

The metal cans market size reaches USD 85.44 billion in 2025 and is projected to advance at a 3.58% CAGR to 2030.

Which region is growing fastest for metal packaging?

Asia-Pacific posts the quickest 6.06% CAGR, propelled by urbanization and surging RTD beverage launches.

What material dominates beverage can production?

Aluminum holds 71.21% market share thanks to its lightweight, infinitely recyclable profile and strong recycling infrastructure.

Why are pharmaceuticals increasing their use of metal cans?

Regulatory focus on tamper evident, track-and-trace capable, chemically inert packaging is steering drug companies toward aluminum formats that meet these requirements.

How are deposit-return systems affecting can demand?

Mandatory DRS schemes lock in high collection rates, supply abundant recycled feedstock, and lower compliance costs, thereby boosting the economic case for metal cans.

Which manufacturing process is gaining share?

Impact extrusion is expanding at a 4.88% CAGR because it delivers seamless walls, reduced scrap, and compatibility with refillable aerosol concepts.

Page last updated on:

Metal Cans Report Snapshots