Metal Packaging Market Analysis by Mordor Intelligence
The metal packaging market size is valued at USD 136.22 billion in 2025 and is projected to reach USD 157.37 billion by 2030, reflecting a 2.93% CAGR over the period. Steady growth stems from circular-economy legislation, premiumisation of ready-to-drink beverages, and retailers’ plastic-to-metal substitution pledges. Aluminium’s superior recycling economics, combined with material-lightweighting advances and brand-owner scope-3 reduction targets, reinforce the metal packaging market as the default option for carbonated and functional beverages. Producers continue to hedge aluminium and steel price swings through long-term contracts and scrap-based supply strategies, while coating suppliers accelerate the shift to BPA-free chemistries that underpin consumer safety narratives. Competitive intensity remains moderate as the leading canmakers deepen vertical integration across coating, recycling, and digital printing capabilities to defend share in a mature yet opportunity-rich landscape.
Key Report Takeaways
- By material type, aluminium led with 42.46% revenue share in 2024, and the segment is projected to expand at a 3.68% CAGR through 2030.
- By product type, cans captured 41.67% of the metal packaging market share in 2024 and are forecast to grow at a 6.34% CAGR to 2030.
- By end-user industry, beverages commanded a 35.35% share in 2024, while food applications are advancing at a 7.45% CAGR through 2030.
- By coating/lining type, BPA-based epoxy held 48.64% share in 2024; BPA-NI epoxy is the fastest-growing category at a 5.34% CAGR to 2030.
- By container capacity, 251-500 ml formats accounted for 58.75% share of the metal packaging market size in 2024 and led segment growth at a 6.46% CAGR through 2030.
- By geography, Asia-Pacific dominated with a 38.56% share in 2024 and is expanding at a 6.12% CAGR to 2030.
Global Metal Packaging Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Circular-economy mandates boost can-to-can recycling loops | +0.8% | Global, with EU leadership and APAC adoption | Medium term (2-4 years) |
| Premiumisation of RTD beverages in emerging Asia | +0.6% | APAC core, spill-over to MEA | Short term (≤ 2 years) |
| Retailers' plastic-to-metal substitution pledges | +0.4% | North America & EU | Medium term (2-4 years) |
| High scrap recovery rates lower true cost vs. PET | +0.3% | Global | Long term (≥ 4 years) |
| In-can QR/NFC tech unlocking consumer-data monetisation | +0.2% | North America & EU, early adoption in APAC | Long term (≥ 4 years) |
| Expansion of e-commerce and DTC beverage retailing | +0.4% | Global, with APAC and Latin America strong adoption | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Circular-Economy Mandates Boost Can-to-Can Recycling Loops
Tighter legislation is reshaping value-chain economics by mandating minimum recycled-content thresholds that aluminium cans already exceed, giving the metal packaging market a compliance edge. The EU’s PPWR requires 30% recycled material in beverage containers by 2030, yet aluminium cans average 71% recycled content.[1]Food Packaging Forum, “Reports show lower aluminum recycling rates, slowed growth in plastic recycling,” foodpackagingforum.org Deposit-return schemes are driving collection rates toward 90% by 2029, supporting predictable scrap flows and reducing virgin-metal dependency. Global producers such as Ball target 85% recycled content, reinforcing closed-loop efficiencies that temper raw-material cost risk. Australia mirrors EU rules with an 80% post-consumer threshold for food-grade cans by 2040.[2]Enviliance ASIA, “Australia launches comprehensive packaging regulations reform,” enviliance.com Sustained regulatory momentum cements aluminium’s moat over PET, particularly in beverages where procurement now factors circularity scores into supplier bids.
Premiumization of RTD Beverages in Emerging Asia
Surging demand for premium canned drinks is accelerating the metal packaging market growth in Asia-Pacific. Japan’s canned chuhai segment tripled in the United States between 2018 and 2023 as consumers seek low-calorie, low-alcohol options. Brands like Asahi’s Nama Jokki can demonstrate how packaging innovations replicate on-premise experiences in at-home settings. Rising disposable incomes in China and India push premium RTD coffee, kombucha, and functional meal-replacement beverages into mainstream retail, all of which rely on cans for flavor protection and thermal performance. The premiumisation wave enables manufacturers to pass higher material costs through to consumers, sustaining margins despite aluminium volatility.
Retailers’ Plastic-to-Metal Substitution Pledges
Large European and North American retailers are phasing out hard-to-recycle plastics in favor of infinitely recyclable metal formats to meet Extended Producer Responsibility rules. Metal’s 95% recyclability rate and established curbside collection systems align with retailer scorecards and unlock shelf-life advantages for canned food, soups, and pet nutrition products. Lightweight can designs and reclosable ends respond to convenience expectations while minimizing material intensity. These substitution programs create durable demand signals that guide canmakers’ capacity-planning decisions and bolster the overall metal packaging market outlook.
High Scrap Recovery Rates Lower True Cost vs. PET
Aluminium’s 96.7% closed-loop recyclability eclipses PET’s multi-cycle degradation, lowering true life-cycle costs for brands. In the United States, used beverage cans represent USD 1.6 billion in recoverable scrap value each year. Steel enjoys magnetic separation advantages, ensuring high collection effectiveness even in mixed-waste streams. The OECD estimates scrap steel will supply nearly half of global steel production by 2050, buffering price risk and improving sustainability metrics. These economics reinforce procurement preference for metal formats, particularly where end-of-life costs form part of total-cost-of-ownership calculations.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Price volatility of LME aluminium and steel | -0.5% | Global | Short term (≤ 2 years) |
| Brand-owner push-back on scope-3 CO₂ footprint | -0.3% | North America & EU | Medium term (2-4 years) |
| Rise of mono-material paper bottles | -0.2% | EU and North America | Long term (≥ 4 years) |
| High production and operational costs of metal packaging | -0.2% | Global | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Price Volatility of LME Aluminium and Steel
Energy-driven price swings strain margins because the metal packaging market still relies on contracts with pass-through clauses that lag spot fluctuations. North American tariffs add complexity, forcing producers to blend hedging tools with regional sourcing to protect competitiveness.[3]Packaging Dive, “Metal Packaging Manufacturers Raise Red Flags Over New Tariffs,” packagingdive.comEuropean smelters face persistent energy-cost pressure, contributing to global price turbulence. While large players offset volatility through scrap-based feedstocks and multi-year agreements, smaller converters remain exposed, which can slow capital investment cycles.
Brand-Owner Push-Back on Scope-3 CO₂ Footprint
Food and beverage multinationals increasingly scrutinize embedded carbon in packaging, prompting comparison against paper or bio-based alternatives. Metal’s high energy intensity during primary production inflates scope-3 tallies, challenging adoption unless recycling credits are fully recognized. Amcor’s decarbonization roadmap illustrates sector-wide commitments to renewable energy and recycled content, yet premium food products still record packaging-related emissions, accounting for more than 60% of total CO₂ in some life-cycle assessments.[4]Source: MDPI, “Comparative Life Cycle Assessment of Packaging Materials,” mdpi.com Canmakers can answer through greener electricity sourcing and lightweighting, but ongoing brand-owner audits could redirect certain niche formats toward mono-material paper solutions.
Segment Analysis
By Material Type: Aluminium Dominance Driven by Recycling Economics
Aluminium generated 42.46% of the metal packaging market share in 2024 and is projected to grow at a 3.68% CAGR through 2030, benefiting from closed-loop recycling systems that meet PPWR mandates. Steel maintains relevance in large-format food and industrial drums but grows more slowly due to weight and energy considerations. Novelis’s USD 90 million UK expansion to double can-recycling capacity underscores the material’s strategic importance. Aluminium’s light weight reduces logistics emissions, aligning with ESG scorecards and deepening customer loyalty among beverage brands. Market participants continue to invest in remelt technology, enabling the metal packaging market size associated with secondary aluminium to expand steadily.
Secondary aluminium pricing advantages help brands manage raw-material costs relative to virgin metal, mitigating procurement risk. Hindalco’s USD 10 billion capacity plan illustrates how integrated smelting and recycling hubs shorten supply chains and support aggressive recycled-content targets. Steel’s magnetic recoverability remains a plus in mixed-waste streams, yet higher container weight raises transport costs as carbon taxes spread. Altogether, aluminium’s cost, circularity, and weight advantages cement its leadership position, even as steel serves resilient niches that prioritize mechanical strength and puncture resistance.
By Product Type: Cans Leverage Innovation and Convenience Trends
Cans represented 41.67% of the metal packaging market in 2024 and are set to grow at a 6.34% CAGR, propelled by the premiumisation of RTD coffee, hard seltzer, and functional beverages across global convenience channels. Ball’s Dynamark Advanced Pro variable-graphics system personalizes cans at scale, allowing marketers to boost engagement and shelf appeal. Food cans hold a stable base, supplying high-barrier protection that underwrites global trade in tomato paste, soups, and pet food. Aerosol cans tap personal-care growth as pent-up post-pandemic demand lifts hair styling, deodorant, and household-cleaning categories in emerging markets.
Light-weighting initiatives reduce aluminium per unit without compromising integrity, helping contain costs and shrink scope-3 footprints. Caps, closures, and lug lids maintain niche relevance by providing tamper evidence and convenience. Bulk drums and intermediate steel containers retain popularity for agrochemicals and edible oils, where reusability and UN transport certifications are critical. Collectively, these dynamics guarantee that cans remain the metal packaging market’s flagship product while ancillary segments evolve through material science and design innovation.
By End-User Industry: Food Growth Outpaces Beverage Leadership
Beverages accounted for 35.35% of the metal packaging market in 2024, underpinned by high-volume soft-drink and beer contracts that favor thin-gauge aluminium for carbonation strength. Yet the food category is expanding faster at a 7.45% CAGR on the back of shelf-stable ready meals, infant formula, and premium pet nutrition. Enhanced retort coatings extend flavor life without BPA, opening doors to organic and natural brands sensitive to additive profiles. Aerosol-based household cleaners and insecticides sustain steady volume growth in regions with rising hygiene awareness.
Functional drinks marketed as meal replacements stimulate additional demand for slim cans with nitrogen dosing to protect protein content, reinforcing cross-industry collaboration between fillers, canmakers, and coating suppliers. In cosmetics, metal tins and aerosol formats satisfy luxury positioning through tactile weight and superior recyclability. Despite the beverage segment’s size, the accelerating food-industry uptake signals diversification that broadens revenue streams and cushions category-specific volatility within the wider metal packaging market.
Note: Segment shares of all individual segments available upon report purchase
By Coating/Lining Type: BPA-Free Transition Accelerates Innovation
BPA-based epoxy still covers 48.64% of can interiors in 2024; however, BPA-NI alternatives post the highest growth at 5.34% CAGR as regulators tighten bisphenol limits. PPG’s Innovel series leads adoption, already protecting more than half of all US beverage cans. AkzoNobel’s Accelshield 300, free of bisphenols, PFAS, and formaldehyde, demonstrates how chemistries are decoupling from legacy toxicities while sustaining corrosion performance. Polyester, PET, and oleoresin variants broaden supplier choice and foster supply-chain resilience.
The transition spurs capital upgrades in coil-coating lines, with canmakers standardizing curing technologies that accommodate multiple resin families. Early adopters enjoy marketing leverage by touting chemical-safety credentials, offsetting the marginally higher coating cost through premium shelf pricing. Research into bio-based polymer blends aims to embed renewable content without compromising flavor integrity or retort resistance. As consumer watchdogs heighten scrutiny, progress toward universal BPA-free standards seems inevitable, reinforcing coating innovation as a competitive battleground within the metal packaging industry.
By Container Capacity: Mid-Size Formats Capture Consumer Preferences
The 251-500 ml band commanded 58.75% share of the metal packaging market size in 2024 and is expected to grow at 6.46% CAGR as health-conscious shoppers gravitate toward portion control. Slim 330 ml energy-drink cans and 355 ml hard seltzers epitomize the sweet spot between refreshment and calorie moderation. Less than 250 ml formats serve premium spirits, espresso-style coffees, and clinical-nutrition shots, winning shelf space through convenience and indulgent positioning. Larger 501-1000 ml sizes cater to craft beer sharers and family-size soft drinks that seek fridge efficiency.
Format decisions interlink with deposit fees and recycling habits; mid-size cans strike a balance between high perceived value and affordable return-scheme deposits. Lightweighting advances allow canmakers to approach 10 g can bodies without sacrificing stack strength, trimming emissions embedded in transport. Although 1 L steel food cans persist for tomatoes and beans, growth concentrates in moderate volumes ideal for e-commerce parcel dimensions. Capacity segmentation thus maps neatly onto demographic shifts and evolving beverage routines that sustain broader metal packaging market expansion.
Geography Analysis
Asia-Pacific held 38.56% of the metal packaging market in 2024 and is tracking a 6.12% CAGR through 2030, anchored by China’s burgeoning RTD sector and India’s rising middle class. Localised can-sheet supply, combined with Hindalco’s multi-billion-dollar smelter-plus-recycling build-out, underpins cost leadership and circular credentials that appeal to global brand owners. Japan contributes design leadership, exporting high-quality chuhai formats that influence regional adoption patterns, while Southeast Asian nations leverage tourism-driven beverage demand and emerging deposit-return pilots.
North America represents a mature arena where domestic can lines run near full utilisation, cushioned by long-term supply contracts with major beer and soft-drink fillers. Tariff regimes compel canmakers to source metal domestically, spurring investment in scrap-based billet facilities and warehouse automation to drive down per-unit costs. Widespread state-level bottle bills keep aluminium recovery rates above 60%, bolstering feedstock security for secondary production.
Europe combines rigorous PPWR requirements with sophisticated recycling networks, making it a crucible for coating innovations and digital watermark pilots. Crown’s scalable plants in Spain and Italy recently added high-speed lines to serve craft-beer exporters, evidencing sustained opportunity even within a saturated market. South America, spearheaded by Brazil, exhibits strong volume growth as beer brand owners convert to cans for premium positioning and logistics efficiency. The Middle East and Africa trail on infrastructure, yet population expansion and rising incomes provide greenfield prospects for aerosol deodorant and canned-food penetration, ensuring region-wide growth contributions to the global metal packaging market.
Competitive Landscape
The top three canmakers, Crown Holdings, Ball Corporation, and Ardagh Metal Packaging, operate global networks that secure multiyear beverage contracts and technology leadership. Crown Holding’s Q1 2025 segment income rose 29% to USD 398 million, buoyed by robust beer-can demand in Brazil and Europe. Vertical integration into coating R&D, recycled-aluminium sourcing, and laser-etched QR coding helps incumbents defend margins and deepen customer lock-in across the metal packaging market.
Innovation is the prime competitive lever. Ball’s Dynamark platform shortens design-to-shelf cycles, empowering beverage marketers to run limited editions without inventory risk. Ardagh broadens sustainable offerings through high-recycled-content steel food cans, while Silgan invests in specialty dispensing closures after acquiring Weener Plastics to complement aerosol and lug-lid lines. Mid-tier challengers emphasise agility, focusing on specialty formats such as nitrogen-dosable coffee cans or decorative tins for cosmetics.
Mauser Packaging’s acquisition of Consolidated Container and Sonoco’s purchase of Eviosys widen geographic reach and product breadth. Continuous investment in capacity, digital traceability, and green power procurement will define future outperformance. Although scope-3 scrutiny elevates risk for high-emission producers, leading players’ commitments to 100% renewable electricity and higher recycled-content ratios fortify their long-term licence to operate in the evolving metal packaging industry.
Metal Packaging Industry Leaders
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Ardagh Metal Packaging SA (Ardagh Group SA)
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Ball Corporation
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Crown Holdings, Inc.
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Can-Pack S.A.
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Silgan Holdings Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- February 2025: Mauser Packaging Solutions acquired Consolidated Container Company, LLC, strengthening its industrial metal packaging footprint in North America.
- January 2025: Silgan Holdings announced record fourth-quarter results, signalling sustained demand across metal container lines.
- January 2025: Amcor secured a European patent for its AmFiber Performance Paper, intensifying material-substitution competition in high-barrier applications.
- July 2024: Silgan reached an agreement to acquire Weener Plastics for EUR 838 million (USD 912 million), enhancing its global dispensing and specialty-closures franchise.
- July 2024: AkzoNobel launched Accelshield 300, a bisphenol-, styrene-, PFAS-, and formaldehyde-free internal coating for beverage cans.
Global Metal Packaging Market Report Scope
Metal packaging is a long-lasting industrial and consumer packaging solution comprised mostly of two key materials, i.e., steel and aluminum. The scope of the metal packaging market is limited to B2B demand. Steel and aluminum packages have outstanding qualities like durability, flexibility, and cost-effectiveness, providing various advantages over other packaging solutions for specific industrial applications. Aluminum is a reasonably simple metal to sterilize for use in packaging. Due to its superior barrier protection and strength, it is an excellent choice for packing materials.
The metal packaging market is segmented by material type (steel and aluminum), product type (cans [food cans, beverage cans, and aerosol cans], bulk containers, shipping barrels and drums, caps and closures, and other product types), end-user industry (beverage, food, cosmetic and personal care, household, paints and varnishes, and other end-user industries), and Geography (North America [United States and Canada], Europe [United Kingdom, Germany, France, Spain, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], Latin America [Brazil, Mexico, Argentina, and Rest of Latin America], and Middle East and Africa [United Arab Emirates, Saudi Arabia, South Africa, and Rest of Middle East and Africa]). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| Aluminium |
| Steel |
| Cans | Food Cans |
| Beverage Cans | |
| Aerosol Cans | |
| Bulk Containers | |
| Shipping Barrels and Drums | |
| Caps and Closures |
| Beverage |
| Food |
| Cosmetics and Personal Care |
| Household |
| Other End-user Industry |
| BPA-Based Epoxy |
| BPA-NI Epoxy |
| Polyester / PET |
| Other Coating / Lining Type |
| Less than 250 ml |
| 251 – 500 ml |
| 501 – 1000 ml |
| More than 1000 ml |
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| South Korea | ||
| Australia and New Zealand | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | Middle East | United Arab Emirates |
| Saudi Arabia | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Nigeria | ||
| Egypt | ||
| Rest of Africa | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| By Material Type | Aluminium | ||
| Steel | |||
| By Product Type | Cans | Food Cans | |
| Beverage Cans | |||
| Aerosol Cans | |||
| Bulk Containers | |||
| Shipping Barrels and Drums | |||
| Caps and Closures | |||
| By End-user Industry | Beverage | ||
| Food | |||
| Cosmetics and Personal Care | |||
| Household | |||
| Other End-user Industry | |||
| By Coating / Lining Type | BPA-Based Epoxy | ||
| BPA-NI Epoxy | |||
| Polyester / PET | |||
| Other Coating / Lining Type | |||
| By Container Capacity | Less than 250 ml | ||
| 251 – 500 ml | |||
| 501 – 1000 ml | |||
| More than 1000 ml | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Australia and New Zealand | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Middle East | United Arab Emirates | |
| Saudi Arabia | |||
| Turkey | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Nigeria | |||
| Egypt | |||
| Rest of Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
Key Questions Answered in the Report
What is the projected value of the metal packaging market in 2030?
The sector is forecast to reach USD 157.37 billion by 2030, up from USD 136.22 billion in 2025.
Which region is expanding fastest in the metal packaging market?
Asia-Pacific leads with a 6.12% CAGR through 2030, driven by rising RTD beverage consumption and premiumisation trends.
Why is aluminium preferred over PET in beverage cans?
Aluminium offers 96.7% closed-loop recyclability, strong barrier performance, and lower true life-cycle cost once scrap value is considered.
How are coating technologies changing inside metal cans?
Manufacturers are moving from BPA-based epoxies to BPA-NI and polyester systems like PPG’s Innovel and AkzoNobel’s Accelshield 300 to meet safety and regulatory demands.
What is the main risk factor for canmakers’ profitability?
Volatility in LME aluminium and steel prices can squeeze margins, prompting hedging strategies and long-term supply agreements.
Which product type dominates the metal packaging market?
Beverage cans hold 41.67% share and continue to grow on the back of convenience, sustainability credentials, and advanced printing innovations.
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