Metal Cans Market growing at a CAGR of 6.4% from 2025 to 2033

The global metal cans market size was estimated at USD 73.34 billion in 2024 and is projected to reach USD 127.75 billion by 2033 to grow at a CAGR of 6.4% from 2025 to 2033. The global market is driven by increasing demand for sustainable and recyclable packaging, especially in the food and beverage sector.

In India, for instance, in May 2024, Ball Corporation partnered with CavinKare to introduce retort two-piece aluminum cans for CavinKare’s popular milkshakes in India, marking a significant move towards sustainable and convenient dairy packaging. Both companies emphasize that this collaboration not only delivers superior product quality but also significantly reduces environmental impact, supporting a shift towards 100% sustainable packaging and reinforcing their leadership in eco-conscious innovation within the Indian beverage sector.

In addition, urban lifestyles and busier schedules are fueling demand for ready-to-drink (RTD) yogurt, soups, beverages, and on-the-go meals. Metal cans offer durability, portability, extended shelf life, and strong barrier properties, ideal for these applications. A growing number of brands, from Nespresso’s canned coffee to craft beer, are adopting metal, supported by innovations such as resealable tops, embossed branding, and lightweighting.

Beverages, particularly soft drinks, energy drinks, beer, and alcoholic RTDs, account for around 77% of the metal can market. The craft beer movement and premium drinks market are driving demand for eye-catching designs, slimmer cans, and specialty coatings. In July 2023, Effingut, a craft brewing company, announced the launch of its signature craft beers in 500-ml cans.

Despite strong demand, the market is sensitive to global metal costs and policy shifts. Aluminum and steel price fluctuations, amplified by U.S. tariffs such as the recent 25-50% levies, are raising production costs and potentially nudging some manufacturers toward cheaper plastic alternatives. For example, U.S. canned food producers face price increases of 9-15%, which could impact demand. However, a stronger recycling infrastructure and lightweighting efforts offer long-term mitigation by reducing dependence on virgin aluminum.

Market Concentration & Characteristics

The metal cans industry requires significant capital investment in high-speed can manufacturing lines, coating/printing systems, and recycling infrastructure. Companies also invest in R&D for innovations such as BPA-free linings, light-weighting technologies, and advanced forming techniques. Automation and quality control technologies (e.g., AI-based inspection) are increasingly adopted to reduce waste and boost throughput.

Metal cans are regulated under food safety and packaging directives such as the FDA (U.S.), EFSA (Europe), and REACH compliance. Environmental regulations, such as extended producer responsibility (EPR) schemes and single-use packaging bans, encourage the use of recyclable materials. Sustainability is both a requirement and a value proposition, with aluminum being among the most recycled materials globally, with recycling rates over 70% in many regions.

Metal Cans Market Report Scope