The global market size for aluminum cans is expected to grow up to around USD 63.2 billion by the year 2025 and will attain USD 94.5 billion for the market by 2035. The sales are going to grow at a CAGR of 4.1% in the forecast period from 2025 to 2035. In the year 2024, the global market for aluminum cans was as high as USD 61.1 billion.
Aluminum cans are used majorly for beverages because they are lightweight, strong, and preserve the freshness of a product. They cool fast, making them suitable for beverages, along with having good recyclability.
They have barrier properties that can protect drinks against light and moisture besides air, thereby maintaining quality. With these appropriate properties of aluminum cans for beverages, the beverage industry will lead with more than 68% market share in the evaluation period.
Global Aluminum Cans Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2024 | USD 61.1 billion |
| Estimated Size, 2025 | USD 63.2 billion |
| Projected Size, 2035 | USD 94.5 billion |
| Value-based CAGR (2025 to 2035) | 4.1% |
2-piece cans are more in demand than 1-piece and 3-piece cans as they are cost-effective, lighter, stronger, and easier to manufacture. Seamless construction provides for more design flexibility and faster production and hence is suited for high-volume beverages. Hence, during the forecast period, 2-piece cans will have a larger market share of above 57% compared to other product types.
The aluminum cans market will grow at a profitable rate and hold a certain level of traction at the global level during the estimated period. It will produce an incremental opportunity value of USD 33.4 billion and increase by 1.5 times the base year value for 2035.
Explore FMI!
Book a free demo
Consumer Preference for Canned Beverages Spurs Demand for Aluminum Cans
A great driver of the global aluminum cans market is the consumer preference for canned beverages. Aluminum cans in most developed countries are culturally related to a drink, like beer and soft drinks, so people prefer it over other options for packaging. Aluminum cans also benefit consumers due to their convenience-they are light in weight, can be moved easily, and stored.
Further, aluminum cans ensure excellent protection from light and air, maintaining the quality and flavor of the beverage. It also has a benefit of being sturdier compared to glass bottles and environment-friendly than plastic.
The general perception coupled with increased consumption on-the-go will, therefore, see to the continuous surge in demand for aluminum cans, maintaining their status as the preferred packaging medium for beverages worldwide.
Aluminum Can’s Carbonation Preservation Ability Drives Demand across Regions
The airtight seal and the sturdiness of aluminum cans serve as a great importance in preserving carbonation in fizzy beverages. This is highly important for sods, sparkling water and beers, as inert carbonation is necessary to maintain the flavor and taste of these drinks.
The can's durability and ability to prevent CO2 from escaping ensures that drinks remain fizzy throughout their shelf life, offering a consistently enjoyable product.
For instance, Coca-Cola relies upon aluminum cans in preserving the fizziness and taste of its sodas so that the consumers end up enjoying the intended crispness. The fact that it takes longer to lose carbonation is a key driver for the aluminum can market across the world.t
Availability of Alternative Packaging Material May Impact Aluminum Cans Demand
Alternative packaging materials are increasingly challenging the market of aluminum cans. There are paper-based options, glass bottles, and biodegradable plastics that present alternative products for packaging. These are often lower in terms of environmental impact.
The production energy consumption and efficiency of recycling are two key areas of comparison. Paper-based packaging is considered a more sustainable option because its raw material is renewable. Similarly, glass bottles stand for the possibilities of recycling as well as lack of toxicity.
Biodegradable plastics offer a promise of reducing plastic waste, further challenging aluminum's dominance. As consumers and manufacturers seek eco-friendly options, these alternatives are becoming a growing threat to aluminum can market share.
The global aluminum cans market recorded a CAGR of 3.3% during the historical period between 2020 and 2024. Market growth of aluminum cans globally was positive as it reached a value of USD 61.1 billion in 2024 from USD 53.4 billion in 2020.
Global aluminum can sales grew steadily in the face of sustainability efforts and increased demand for eco-friendly packaging. Growing beverage consumption, particularly in emerging markets, along with a move from plastic to recyclable aluminum, drove the market. Beverage industries formed the biggest contributors, and there was growth seen in canned water and ready-to-drink products.
Demand for aluminum cans is expected to gain speed as the pressure of stricter environmental regulations and the consumer preference for recyclable material will accelerate demand.
Improved lightweight can designs and coatings will help growth. Emerging economies expansion and increasing usage in applications outside beverages, like personal care and pet food, will diversify demand.
Tier 1 companies comprise market leaders capturing significant market share in global market. These market leaders are characterized by high production capacity and a wide product portfolio. These market leaders are distinguished by their extensive expertise in manufacturing across multiple packaging formats and a broad geographical reach, underpinned by a robust consumer base.
They provide a wide range of series including recycling and manufacturing utilizing the latest technology and meeting the regulatory standards providing the highest quality. Prominent companies within tier 1 include Crown Holdings Inc., Ball Corporation, Ardagh Group S.A., Silgan Containers LLC among others.
Tier 2 companies include mid-size players having presence in specific regions and highly influencing the local market. These are characterized by a strong presence overseas and strong market knowledge. These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach.
Prominent companies in tier 2 include Can-Pack Group, Toyo Seikan Co., Ltd., Nampak Ltd., CCL Industries Inc., CPMC Holdings Inc., Tecnocap S.p.A., SAPIN K.S.A., Massilly Holding SAS, Casablanca Industries, Al-can Exports Pvt. Ltd., and Kian Joo Can Factory Berhad
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
The section contains information about the leading segments in the industry. In terms of capacity, 201 to 450 ml aluminum cans are estimated to account for a share over 52% by 2035. By product type, 2-piece cans are projected to dominate by holding a share of 57.3% by the end 2035.
| Capacity | Market Share (2035) |
|---|---|
| 201 to 450 ml | 52.3% |
The 201-450ml aluminum can is the most preferred size because it maintains a perfect balance between portability, convenience, and portion. It meets demand for single-serving beverages, which perfectly aligns with consumer trends for on-the-go consumption.
This size of can is mainly used for carbonated drinks, energy drinks, and beer; hence, this size is adaptable across industries. Its size limits product waste but ensures affordability both for manufacturers and consumers.
Besides, it is convenient for use with vending machines and retail shelves. With the increasing importance of sustainability, this size is ideal as it uses minimal material and is recyclable, which further solidifies its popularity in global markets.
| Product Type | Market Share (2035) |
|---|---|
| 2-Piece Cans | 57.3% |
Two-piece cans are in higher demand than one-piece and three-piece cans due to their superior strength, durability, and lightness. The seamless two-piece can design offers better protection to the contents and gives improved resistance to external pressure, thus suitable for carbonated drinks and beverages.
Furthermore, they offer a consistent and modern look that boosts the appeal of the brands. For example, Coca-Cola has replaced many of its products with two-piece cans, enjoying both the improved protection of the drink and a clean, attractive design that appeals to the eye of consumers.
Key players of global aluminum cans industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence. Few of them are also collaborating and partnering with local brands and start-up companies for new product development.
Key Developments in Global Aluminum Cans Market
The global aluminum cans industry is projected to witness CAGR of 4.1% between 2025 and 2035.
The global aluminum cans industry stood at USD 61.1 billion in 2024.
Global aluminum cans industry is anticipated to reach USD 94.5 billion by 2035 end.
South Asia & Pacific is set to record a CAGR of 6.2% in assessment period.
The key players operating in the global aluminum cans industry are include Crown Holdings Inc., Ball Corporation, Ardagh Group S.A., Silgan Containers LLC among others.
Products types in aluminum cans include 1-piece cans, 2-piece cans and 3-piece cans.
In terms of capacity, the market of aluminum cans is segmented into Up to 200 ml, 201 to 450 ml, 451 to 700 ml, 701 to 1000 ml and more than 1000 ml.
Aluminum cans end users are food, beverages, cosmetic & personal care, pharmaceuticals and paints & lubricants. Food is further sub-segmented into fruits & vegetables, ready-to-eat, meat, seafood & poultry, pet food, bakery & confectionery and others. Beverages include alcoholic beverages and non-alcoholic beverages.
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific and Middle East & Africa are included.
Eco-friendly Paper Plates Market Insights - Trends & Future Outlook 2025 to 2035
EPE Liner Market Analysis – Size, Growth & Demand 2025 to 2035
Electron High Barrier Packaging Film Market Growth - Forecast 2025 to 2035
Electrostatic Discharge (ESD) Packaging Market Growth - Forecast 2025 to 2035
Envelope Sealing Machines Market Trends - Growth & Forecast 2025 to 2035
GHS Label Market Analysis by Material, Product Type, Printing Technology and End Use Through 2035
Aluminum Cans Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
