PUBLISHER: Market Research Future | PRODUCT CODE: 1565603
PUBLISHER: Market Research Future | PRODUCT CODE: 1565603
Global Metal Cans and Aerosols Market Research Report Information by Product Type (Cans, Aerosols), by Material (Steel, Aluminum, Tin), by Application (Food, Beverages, Personal Care & Cosmetics, Healthcare, Chemical, Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) -Forecast Till 2032
In 2023, the Metal Cans and Aerosols Market Size is estimated to be USD 53,176.6 million. The Global Metal Cans and Aerosols industry is anticipated to experience a compound annual growth rate (CAGR) of 4.8% from USD 55,558.7 Million in 2024 to USD 81,003.4 Million by 2032. This growth is expected to occur over the projection period of 2024 to 2032.
The demand for metal cans and aerosols has experienced a significant increase as a result of the expansion of the beverage packaging industry. This expansion is the result of a combination of factors that collectively emphasize the importance of metal packaging in the beverage industry. A primary factor is the increasing preference of consumers for portable and convenient packaging solutions, particularly for beverages. Metal cans, which are renowned for their portability, durability, and effective preservation of the product inside, have gained a growing popularity among consumers. Metal cans are frequently employed for the packaging of beverages such as carbonated soft drinks, energy drinks, and ready-to-drink beverages as a result of their inherent advantages.
Market segment insights
The Metal Cans and Aerosols Market is segmented into the following categories based on product type: Aerosols and cans.
The Metal Cans and Aerosols Market is broken down into the following segments based on material: Steel, Aluminum, and Tin.
The Metal Cans and Aerosols Market has been segmented into the following by application: Food (Dairy Products, Edible Oil, Meat Products, Confectionary Products, Soup, Vegetables, Pet Food and Others), Beverages (Alcoholic Beverages and Non-Alcoholic Beverages), Personal Care & Cosmetics (Perfumes & Mists, Deodorants, Other Personal Care Products), Healthcare, Chemical and Others.
Regional Perspectives
The United States, Canada, and Mexico comprise North America. In the food and beverage sector, metal packaging is essential for maintaining the freshness of products, extending their shelf life, and assuring consumer convenience. The North American metal cans and aerosol market is comprised of a variety of segments. Aluminum cans are the preferred choice in the beverage industry due to their exceptional barrier properties, durability, and lightweight design.
Germany, France, the United Kingdom, Italy, Spain, Turkey, and the rest of Europe comprise Europe. The European metal cans and aerosol market is characterized by a multidimensional landscape that is influenced by factors such as environmental sustainability, technological innovation, regulatory compliance, and recyclability.
China, India, Japan, Indonesia, Malaysia, Vietnam, South Korea, Australia, the Philippines, and the rest of Asia Pacific comprise the Asia-Pacific region. Various factors, including the exceptional preservative properties and structural integrity of metal cans, are driving the robust growth of the Asia Pacific metal cans and aerosol market, particularly in the food packaging industry throughout Asia.
The Middle East and Africa region comprises the United Arab Emirates, South Africa, Saudi Arabia, and the remaining countries in the region. In the Middle East and Africa (MEA) region, the Metal Cans and Aerosol market is experiencing substantial development, with the United Arab Emirates (UAE) and Saudi Arabia on the brink of dominating this sector.
Brazil, Argentina, and the remainder of South America comprise the South American region. The metal cans and aerosol market in South America, particularly in the context of packaged food and beverages, is characterized by a dynamic landscape that is influenced by market dynamics and changing consumer preferences.
Nampak Ltd, CCL Container, ColepPackaging, CPMC Holdings, Ball Corporation, Trivium Packaging, Crown Holdings, Inc, Toyo Seikan Group, Exal Corporation, TUBEX GMBH, Envases Universales, Massilly Group, DS Containers, Jamestrong Packaging, ITW Sexton, SWAN Industries (Thailand) Company Limited., Staehle GmbH u. Co. KG, Kian Joo Can, Tecnocap S.p.A., Canpack, Silgan, Sonoco, and Alucon are key players in the industry.