Global Aluminum Cans Market Is Expected To Reach $87.84 Billion By 2032

Zion Market Research has published a new report titled “Aluminum Cans Market by Structure (2 Piece Cans and 3 Piece Cans) and by Application (Chemicals, Beverage, Food, Pharmaceuticals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, the global aluminum cans market was approximately $55.80 billion in 2023 and is slated to hit $87.84 billion by the end of 2032 with a CAGR of nearly 5.17% between 2024 and 2032.

Aluminum cans, also known as “tin cans,” are containers made from aluminum used for packaging. They are majorly used for packing foods and beverages, such as soup and milk, alongside chemicals, oils, and various other liquids. An increasing number of health-conscious consumers and the rising preference for aluminum cans from various industries like pharmaceuticals, beverage, food, and chemicals are expected to drive the global aluminum cans market over the forecast timeframe.

Moreover, the high recyclability and reprocessed properties of aluminum cans are also expected to increase product demand by various industries. The products that are manufactured from recycled metals use less energy and water and emit lesser carbon emissions, which, in turn, is likely to drive the aluminum cans market globally in the years ahead.

The aluminum cans market is expected to grow over the forthcoming years, owing to significant developments witnessed in the beverage industry, increasing the disposable income of people, rising inclination of consumers toward canned food products. Aluminum cans also provide protection against light, moisture, oxygen, and several other contaminants apart from being rust-resistant. However, the availability of various packaging substitutes like PET bottles and glass containers may hamper the global aluminum cans market growth.

Browse the full “Aluminum Cans Market by Structure (2 Piece Cans and 3 Piece Cans) and by Application (Chemicals, Beverage, Food, Pharmaceuticals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032?” Report at https://www.zionmarketresearch.com/report/aluminum-cans-market

Based on structure, the aluminum cans market is fragmented into 2 piece cans and 3 piece cans. The 2 piece cans accounted for a significant market share in 2018, due to their safe packaging solutions, as the technology used for packing drinks in these cans are rust preventive, non-toxic, and odorless in nature.

On the basis of application, the market is divided into chemicals, beverage, food, pharmaceuticals, and others. The beverage segment accounted for a major market share in 2018, due to the rising demand for aluminum cans for packing alcoholic and non-alcoholic beverages, such as beer, cider, carbonated drinks, etc.

North America accounted for a major share of the global aluminum cans market in 2018, due to the rising concerns among the regional population regarding the usage and consumption of sustainable packaging materials. As per the International Aluminum Institute, the production of aluminum in North America increased significantly in the year 2018, which is expected to positively impact the region’s aluminum in the years ahead. The Asia Pacific aluminum cans market is predicted to show the highest growth rate over the forecast timeframe globally. This regional growth can be attributed to the easy availability of raw materials and low labor costs.

Aluminum Cans Market: Competitive Space

The global aluminum cans market profiles key players such as:

• hengxing Group
• Ball Corporation
• Toyo Seikan
• CPMC
• ORG Packaging
• Rexam
• Great China Metal Industry Company
• Amcor
• Crown
• EXAL

This report segments the global aluminum cans market into:

Global Aluminum Cans Market: Structure Analysis

• 2 Piece Cans
• 3 Piece Cans

Global Aluminum Cans Market: Application Analysis

• Chemicals
• Beverage
• Food
• Pharmaceuticals
• Others

Global Aluminum Cans Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com