Metal Containers Market Size, Share, Trends, Growth and Forecast 2032

Metal Containers Market Insights

According to the report published by Zion Market Research, the global Metal Containers Market size was valued at USD 146.02 Billion in 2023 and is predicted to reach USD 195.57 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.3% during the forecast period. The report analyzes the global Metal Containers Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Metal Containers industry.

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Global Metal Containers Market: Overview

The global metal containers market is anticipated to develop substantially over the forthcoming period, driven by the considerable increase in health awareness among the youth. Metal containers are preferred over plastic containers for food packaging especially to prevent any risk from contamination, along with maintaining the nutritional properties of food products inside.

The inception of metal containers as packing solutions began with wine packaging at the start of nineteenth century and presently these solutions have ventured into different product applications including synthetic substances, oil & edible oil, and beverages. They are usually utilized for distribution and storage of food products. Metal containers are comprised of specific materials including aluminum, tin-coated steel, and tin-free steel. Tinplate steel is widely utilized for packing as it is genuinely low cost, has high physical strength, and also possesses corrosion resistance. Ease of producing these products because of high malleability in containers made from aluminum are less expensive than tinplate steel items and offer better corrosion resistance. The recycling rate of item is more than other packaging material. Another advantage of the item is that it lessens CO2 content application and thus diminishing the general parent material utilization of this contaminating gas.

Metal containers have various applications. These containers are utilized for packing of different commodities such as dyes & paints, pharmaceutical & healthcare, chemicals, automotive, cosmetics & self-care products, and others. Furthermore, metal containers are also preferred because of their eco-friendly characteristics and sturdiness.

Global Metal Containers Market: Growth Factors

Expanded urbanization and the need to keep up a sound way of life have prompted an augmented interest for utilization of metal containers. The growth factor of the global metal containers market is the expansion in customer inclination toward packaged and processed food products. Metal packing is achieving prominence as a result of rising demand of staple items including frozen & chilled food, changing consumer tastes, and evolving way of life. Rising incomes, consistently developing economies, improving standards of life, and an increase in the consumption of alcoholic drinks constitute key drivers of the global metal containers market.

In the conventional methods, there was a large requirement of manpower to carry and ship bulky containers. With the emergence of containerization, transport, and shipping of commodities have become less expensive and more convenient. This in turn has reduced costs associated with transportation and raised the revenue margins for the establishments in the shipping and transportation business. Moreover, the development of the automation industry has eased the picking and placing of heavy and bulky metal containers which earlier were considered difficult.

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Global Metal Containers Market: Segmentation

The global metal containers market has been segmented by material type, product type, end-use, and region.

On the basis of material type, the market has been classified into tin, aluminum, and steel.

Based on product type, the market is categorized into cans, aerosol cans, pails, drums, intermediate bulk containers, and others.

By end-use, the global metal containers market is bifurcated into chemicals, cosmetics & self-care, automotive, food & beverage industry, building & construction, and others.

Metal Containers Market: Report Scope

Global Metal Containers Market: Regional Analysis

Asia Pacific is predicted to be the quickest developing region in global metal containers market inferable from its prospering economy combined with increasing expenditure in processed food & drink commodities, busy life, and favorable socioeconomics. Fast development of consumer merchandise in India, Japan, and China significantly influence the commodity demand in different applications such as packaging of fruits and vegetables products.

Surging demand of several flavored sodas including carbonated drinks and sucralose juices in North America is predicted to decidedly affect metal containers market demand over the upcoming timeframe. Moreover, industry development is likewise impacted by promotional projects and research advancements undertaken by numerous market competitors. This in turn will positively influence the expansion of global metal containers market.

Surging demand for iced tea, canned cold coffee, and energy drinks in Latin America and Europe is also predicted to drive the expansion of the metal containers market. High demand and consumption of canned drinks in several sports tournaments such as La Liga, Major League Baseball, and Barclays Premier League, due to the convenience in transporting and serving the food products is anticipated to facilitate the metal containers market demand over the upcoming times.

Global Metal Containers Market: Competitive Players

Some of the key competitors in the global metal containers market include:

• CCL Industries Inc.
• Silgan Holdings Inc.
• Toyo Seikan Co.
• Nampak Ltd.
• NCI Packaging
• HUBER Packaging Group GmbH
• Kingcan Holdings
• Trinity Holdings
• Independent Can.

The Global Metal Containers Market is segmented as follows:

By material type 

• tin 
• aluminum
• steel

By product type 

• cans 
• aerosol cans
• pails
• drums 
• intermediate bulk containers 
• and others

By end-use 

• chemicals
• cosmetics & self-care 
• automotive 
• food & beverage industry 
• building & construction
• and others

Global Metal Containers Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.