The Metal Cans Market is Predict to reach USD 107.61 Billion by 2032, at a CAGR of 5.3%

Metal Cans Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Metal Cans Market size is expected to reach $107.61 billion by 2032, rising at a market growth of 5.3% CAGR during the forecast period.

The global metal cans market has changed a lot over the years because of new technologies, changes in environmental policy, and changes in what people want. In the early 1800s, metal cans made mostly of aluminum and steel were first used to keep food fresh. However, it wasn't until the 1900s that they became widely used in business. The format was first used for military rations and food storage, but it quickly spread to consumer markets with new products like the two-piece aluminum beverage can.

The Beverages segment is leading the Global Metal Cans Market by Application in 2024; thereby, achieving a market value of $75.64 billion by 2032. The preference for aluminum cans in this segment is largely due to their lightweight nature, recyclability, and ability to preserve product freshness and carbonation. Beverage manufacturers favor metal cans for their superior shelf appeal, fast chilling capability, and efficient logistics. Moreover, increasing health consciousness and the popularity of functional beverages have led to a surge in demand for single serve packaging formats, further strengthening the market position of metal cans in the beverage sector.

The 2- Piece Draw Redraw (DRD) segment is registering a CAGR of 5.5% during (2025 - 2032). The 2-piece draw redraw (DRD) cans segment caters primarily to processed foods, pet foods, and other applications requiring extra wall thickness and durability. Unlike D&I cans, DRD cans are manufactured with a uniform wall thickness, providing enhanced strength and resistance during retort or sterilization processes. These cans are favored for containing high-acid or heat-processed products such as meats, beans, and soups. The process allows for deeper can bodies and superior internal pressure resistance, making them ideal for shelf-stable products.

The Easy- Open End (EOE) segment is generating the maximum revenue share in the Global Metal Cans Market by Closure Type in 2024; thereby, achieving a market value of $80.04 billion by 2032. Due to its widespread use across both food and beverage packaging. These ends provide consumers with convenience, allowing cans to be opened without the use of tools, which is particularly important for on-the-go consumption. EOEs are commonly found in soda, beer, and canned food products, offering both practicality and safety. Their popularity is further driven by advancements in ergonomic design and tamper-evident features, which enhance user confidence and product integrity. The demand for EOEs continues to rise as manufacturers prioritize consumer-friendly and time-saving packaging solutions.

The Steel segment is anticipating a CAGR of 6.8% during (2025 - 2032). Steel cans offer superior protection against light and oxygen, preserving nutritional value and preventing spoilage. Although heavier than aluminum, steel is also recyclable and is being increasingly used in markets where structural integrity and cost-efficiency are prioritized. Its compatibility with advanced coatings and closures adds versatility, ensuring its continued relevance across diverse end-use industries.

Full Report: https://www.kbvresearch.com/metal-cans-market/

The North America market dominated the Global Metal Cans Market by Region in 2024 and  growing at a CAGR of 4.7 % during the forecast period. The Asia Pacific market is projected to witness a CAGR of 5.7% and achieving a market value of $35.4 billion by 2032. Additionally, The Europe market is expected to witness a CAGR of 5.1% during (2025 - 2032).

List of Key Companies Profiled

• Crown Holdings, Inc.
• Ball Corporation
• Silgan Holdings, Inc.
• Ardagh Metal Packaging S.A.
• CANPACK Group Inc.
• Sonoco Products Company
• Envases Metalúrgicos de Álava, S.A.
• Nampak Ltd.
• CCL Industries, Inc.
• MAUSER Corporate GmbH

Metal Cans Market Report Segmentation

By Product

• 2- Piece Drawn and Ironed
• 2- Piece Draw Redraw (DRD)
• 3- Piece

By Application

• Beverages
• Food
• Other Application

By Closure Type

• Easy- Open End (EOE)
• Peel- off End (POE)
• Other Closure Type

By Material

• Aluminum
• Steel

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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