The growing demand for eco-friendly packaging from sustainable development has led to a steady increase in global aluminum can sales. The increase in beverage consumption, especially in emerging markets, and the shift from plastic to recyclable aluminum are driving growth. The beverage industry, especially canned beverages and ready-to-drink products, has played a significant role in this market expansion.

Feb03, 2025 (GLOBE NEWSWIRE) — The global aluminum can market is on track for significant expansion, with forecasts indicating that the global aluminum can market will grow from USD 61.1 billion in 2024 to USD 63.2 billion by 2025 and significantly to USD 94.5 billion by 2035. The market will grow at a CAGR of 4.1% over the forecast period from 2025 to 2035.

The growing consumer preference for canned beverages is driving the demand for aluminum cans. Canned beverages offer convenience, portability, and longer shelf life, along with the increase in health-conscious and eco-conscious options, and the recyclability of aluminum enhances its appeal, which aligns with modern consumer lifestyles. Making it the preferred packaging material. This shift has led to expanded production and innovation in aluminum can designs, with the launch of new brands and market expansion increasingly utilizing aluminum packaging to tap untapped markets. Positioning the material as key to meeting the growing demand from the beverage industry.
The beverage industry is expected to witness company growth, especially in high-growth countries such as Brazil, India, and China. This is expected to offer lucrative growth opportunities for the aluminum can market players.
Several independent surveys to understand consumer preferences for beverage packaging. More than 60% of respondents prefer ice aluminum cans to plastic bottles because it feels more refreshing.
In addition, more than 80% of respondents found aluminum cans convenient and “easy to reach, ready-to-drink” when going out. Therefore, the increasing demand for smaller package sizes in the beverage industry is expected to create growth opportunities for aluminum can manufacturers during the forecast period.

Key takeaways from the aluminum can market
The global aluminum can market registered a CAGR of 3.3% during 2020-2024.
Market capitalisation grew from USD 53.4 billion in 2020 to USD 61.1 billion in 2024.
South Asia and Pacific is expected to register a 6.2% CAGR over the assessment period.
Aluminum cans with capacity of 201 to 450 ml are expected to account for over 52% of the market share by 2035.
The 2-piece can product type is projected to dominate with a market share of 57.3% by 2035.

The driving factors behind the rapid expansion of the aluminum can industry
1. Sustainability and environmental benefits: Aluminum cans are 100% recyclable and can be recycled indefinitely without loss of quality. The growing focus on sustainability and reducing carbon footprint has significantly increased the demand for aluminum cans as they offer a more eco-friendly alternative to other packaging materials.
2. Convenient and portable: Aluminum cans are lightweight, durable, and easy to transport. Their portability makes them the beverage of choice, especially in the mobile market. Ease of disposal and stackability further facilitate their widespread use.
3. Consumer Preference for Packaged beverages: The growing consumption of carbonated soft drinks, alcoholic beverages, and energy drinks is increasing the demand for aluminum cans. Their ability to maintain the flavor and quality of beverages, along with consumer preference for convenience, plays a vital role in driving the market.
4. Cost effectiveness: Aluminum cans are relatively more expensive to manufacture compared to other packaging materials such as glass or plastic. They are also efficient in terms of spatial optimization, thus reducing transportation costs. This price advantage makes them an attractive option for beverage companies.
5. Advances in can design and customization: Increasing focus on innovative can design, custom branding, and use of attractive prints has made aluminum cans more visually appealing to consumers. This trend helps beverage companies increase brand recognition and consumer loyalty, contributing to market growth.

Segmentation of the Global Aluminum Cans Market
Product types of aluminum cans by product category: there are mainly 2-piece cans and 3-piece cans.
According to the capacity division, the aluminum can market is segmented into 185ml-1000ml, which are mature metal can models
By End-Use Industry: Major Food, Beverage Packaging Food packaging is further segmented into fruit & vegetables, ready-to-eat, meat, seafood & poultry, pet food, bakery & confectionery packaging, and others. Beverages include alcoholic and non-alcoholic beverage packaging.

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