Aluminium Cans Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global aluminium cans market reached a value of nearly USD 51.29 Billion in 2024. The market is assessed to grow at a CAGR of 3.20% during the forecast period of 2025-2034 to attain a value of around USD 70.28 Billion by 2034. The market is being aided by the growing emphasis on sustainability, the robust growth of the food and beverage sector, innovations in can design, and the development of IoT-enabled aluminium cans.

Global Aluminium Cans Market Growth

Aluminium cans are one of the only infinitely recyclable packaging materials available that offer numerous benefits, including long shelf life, lightweight, convenience of usage, improved durability, and corrosion resistance, among others. They also offer improved protection against oxygen, light, and moisture, among others. As a result, the use of aluminium based packaging materials for canned products is gaining traction.

The increasing consumer preference for packaged and processed food products, especially among the working population, is also driving the aluminium cans market growth. Canned products like canned vegetables retain the freshness and nutrients of the product for an extended duration, which allows for the year-round availability of seasonal goods.

The growing investments by the leading market players to expand their production capacity are further driving the aluminium cans demand growth. For instance, in July 2022, CANPACK S.A. announced an increase in its manufacturing capacity of aluminium beverage cans by establishing a new production facility in Poços de Caldas, Brazil.

Key Trends and Recent Developments

Robust growth of the beverage sector; ban on single-use plastics; innovations in can design; and the development of smart aluminium cans are favouring the aluminium cans market expansion.

October 2024

PPG, in partnership with the Can Manufacturers Institute (CMI) and Recycling is like Magic!, joined a recycling movement in the US to collect aluminium beverage cans as part of the “2 Million Cans Recycling Contest.”

August 2024

AkzoNobel introduced Accelshield™ 300, a high-performance internal coating free from styrene, bisphenols, formaldehyde, and PFAS for aluminium cans, improving their safety and regulatory compliance. The coating aims to meet the evolving needs of the beverage sector and is compliant with both current and anticipated EU regulations.

May 2024

Ball Corporation partnered with CavinKare to launch aluminium cans for milkshakes in the India dairy sector. The new packaging is to be used in CavinKare’s popular milkshake flavours, including Gulkhand, Badam, Rajbog, and Rabri, offering eco-friendly solutions without compromising on quality or consumer convenience.

September 2023

Novelis Inc. signed a new anchor customer contract with Ball Corporation in North America to supply aluminium sheets to Ball can-making plants. The new plant, commissioning in 2025 with a capacity of 600,000 tonnes, is the first fully integrated aluminium manufacturing plant built in the US.

Growth of the Beverage Sector

The robust growth of the beverage sector amid the rising demand for energy drinks, carbonated beverages, and alcoholic drinks is surging the demand for aluminium cans due to their portability, convenience, and enhanced shelf stability.

Stringent Government Initiatives Banning the Use of Single-Use Plastics

The introduction of stringent government initiatives aimed at reducing the usage of single-use plastics, especially in food and beverage applications, is surging the demand for aluminium cans. Aluminium, being highly recyclable, contributes to a more circular economy and reduces the carbon footprint of the food and beverage sector.

Innovations in Can Designs

Manufacturers are developing aluminium cans with innovative designs to improve their aesthetics and functionalities and gain a competitive advantage. They are also introducing innovations such as easy-open tabs and pull-rings, finger grips, and handle designs to improve the ergonomics and convenience of aluminium cans.

The Development of Smart Aluminium Cans

Smart aluminium cans integrated with QR codes and augmented reality (AR) technology are being developed to create a more immersive connection between the product and customers. Moreover, the development of thermochromic inks that can change colour to indicate the ideal drinking temperature is expected to revolutionise the aluminium cans market landscape in the coming years.

Global Aluminium Cans Market Trends

As aluminium serves as an excellent medium for striking and colourful artwork, food and beverage companies are leveraging aluminium cans for direct printing, embossing, and premium labelling as well as crafting distinctive and captivating designs that strengthen their brand image.

Due to their lightweight nature, aluminium cans provide space-efficient packaging options, hence reducing transportation expenses while minimising greenhouse gas emissions associated with logistics. With e-commerce businesses seeking to reduce shipping costs by decreasing the total weight of parcels, the demand for aluminium cans is expected to rise in the coming years.

Global Aluminium Cans Industry Segmentation

The report titled “Global Aluminium Cans Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Application

• Beverages
• Food
• Others

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa.

Global Aluminium Cans Market Share

As per the aluminium cans market analysis, beverages account for a substantial share of the market. Aluminium cans are widely used to package beverages such as carbonated drinks and beer, among others, due to their durability, high strength, and cost-effectiveness. Benefits such as lightweight properties, infinite recyclability, resistance to oxygen and light, and ease of stackability also make aluminium cans ideal for packaging beverages.

Meanwhile, aluminium cans offer convenience and extended shelf life in food packaging, making them ideal for use in canned and ready-to-eat foods. Innovations in aluminium cans, such as attractive designs, portion control sizes, and easy-open lids, are further driving the segment’s growth.

Competitive Landscape

Key aluminium cans market players are investing in energy-efficient production processes, focusing on lightweight designs, and attempting to reduce overall waste to improve the sustainability of their products. They are also leveraging advanced technologies to create functional and visually distinctive can designs with features like temperature-sensitive inks.

Ball Corp.

Ball Corp., headquartered in Colorado, United States, and founded in 1880, is a prominent aluminium packaging company. It also provides sustainable packaging solutions for the personal care, beverages, and household products segments. In 2023, the company achieved net sales of USD 14.03 billion.

Crown Holding, Inc.

Crown Holding, Inc., founded in 1892 and headquartered in Florida, United States, has established its position as a prominent supplier of rigid packaging products and protective packaging products, services, and equipment to various end-use sectors. With 195 manufacturing plants and sales and service facilities in 39 countries, the company generated net sales of USD 12 billion in 2023.

Norsk Hydro ASA

Norsk Hydro ASA, established in 1905, is a prominent aluminium and renewable energy company, headquartered in Oslo, Norway. With 31,000 employees in more than 140 locations and 40 countries, the company aims to develop natural resources into products and solutions in innovative and efficient ways.

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