Aluminum Can Market Share and Growth Factors Impact Analysis 2029

With beverage industry behemoths such as Coca-Cola and PepsiCo preparing to roll out water packaged in aluminum, market players are ramping up the production of aluminum cans of a wide range of capacities. Owing to advantages such as lightweight and easy to transport and store, 201-450 ml aluminum cans continue to witness relatively high demand, amid the rise of ‘on-the-go’ culture and growing popularity of ready-to-drink (RTD) beverages.

Manufacturers are also focusing on higher range of capacities including 700-1000ml and more than 1000ml to capitalize on rapidly growing demand from paints & lubricants and personal care & cosmetics industries.

The global sustainability driver of reducing the use of plastics is often discussed about aluminum cans , especially by the beverage sector . Global sales of aluminum cans are projected to reach US $ 76 billion in 2029, as shown in a new Future Market Insights (FMI) study.

The global aluminum can market, characterized by an increasing demand for smaller pack sizes, observes promising growth prospects over the forecast period. The attractiveness and product differentiation at the point of sale that aluminum cans offer over other packaging formats such as plastic and glass bottles are food and beverages, paints and coatings, pharmaceuticals, and cosmetics & personal care.

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The outlook for the aluminum can market remains fairly integrated

Crown Holdings Inc., Ball Corporation, and Ardagh Group SA are leading companies operating in the global aluminum can market. The market remains fairly integrated, with these three players accounting for more than 40% of the global market . Toyo Seikan Co., Ltd., Silgan Containers LLC, Nampak Ltd. CPMC Holdings Limited, and CCL Industries Inc. are relatively small players in the global market. However, some regional and unorganized manufacturers may enter the aluminum can market by cooperating with each other to compete with global players in regional price trends.

The global aluminum can market is subdivided in detail to cover every aspect of the market and present readers with full market intelligence.

product-
One piece can
2 piece can
3 piece can

capacity-
Up to 200 ml
201-450ml
451-700ml
700-1000ml
More than 1000ml
End-use industry

food-
Fruits and vegetables
Ready to eat
Meat, chicken, seafood
Pet food
Bakery & confectionery
others

Drink-
Alcoholism
Non-alcoholic
Personal care & cosmetics
Pharmaceuticals
Paints and lubricants

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201-450ml aluminum cans to maintain demand
Beverage giants such as Coca-Cola and PepsiCo are preparing to roll out aluminum-wrapped water, and market players are increasing the production of wide-capacity aluminum cans. Due to its advantages such as light weight, easy to carry and store, 201-450 ml aluminum cans are in relatively high demand amid the rise of "on the go" culture and the growing popularity of ready-to-drink (RTD). I'm still watching. Beverages.

Manufacturers prioritize lightweight cans and alternative coatings-
Metal packaging means reducing plastic waste in the ocean. However, it has its own eco-price. In addition to focusing on recycled aluminum, manufacturers focus on replacing bisphenol A (BPA) with a coating of low or zero chemicals to overcome the threat of the former chemicals and metal. Enjoy most of the environmental rewards of using.

Lightening has emerged as a major trend in beverage packaging that not only meets the demand for convenience, but also helps package makers and brand owners reduce their environmental footprint and overall costs .

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How growth unfolds
Demand for aluminum cans continues to rise due to the strong influence of "recyclability". These cans dominate the beverage industry and can be recycled indefinitely without losing their properties during the process, compared to most food grade plastics that are downcycled.

Manufacturers are also focusing on capacities in the higher range of 700-1000ml and over 1000ml to take advantage of the rapidly growing demand from the paints and lubricants and personal care and cosmetics industries .

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.