PUBLISHER: Grand View Research | PRODUCT CODE: 1588739
PUBLISHER: Grand View Research | PRODUCT CODE: 1588739
The Europe food cans market size is estimated to reach USD 10.64 billion by 2030, registering to grow at a CAGR of 2.1% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing demand for processed eatable products by the consumers in the region is expected to drive the industry growth.
The buyers in the market are major food processing companies such as Westmill Foods and Nestle S.A., which lay high emphasis on can quality and order high product volumes. In addition, the aforementioned companies are also involved in extensive can design customization in accordance with the product being packaged.
The industry for the product in the region is expected to exhibit limited growth on account of increasing market maturity. The economies in the region exhibit a high penetration of the metal packaging in the processing industry, leading to a limited market growth. In addition, high demand for plastic and paper-based packaging for food products is expected to limit the growth.
The industry growth is restrained by the price volatility of raw materials such as steel and aluminum sheets. The demand for the product is expected to witness limited growth on account of severe regulations enacted by the European Commission such as banning the use of BPA in the cans that come in direct contact with eatable products.