Metal Packaging Market expected to reach USD 163.749 billion by 2030
Metal Packaging Market Trends & Forecast
According to a research study published by Knowledge Sourcing Intelligence (KSI), the metal packaging market will expand from USD 140.601 billion in 2025 to USD 163.749 billion in 2030 at a CAGR of 3.10% during the forecast period.
There has been a growing demand for canned food, ready-to-drink beverages, and alcoholic drinks such as beer, energy drinks, which is driving the market growth. The metal packaging extends shelf life and ensures safety. In January 2024, Novelis Inc. announced that it has signed a new contract with Ardagh Metal Packaging USA Corp. Novelis Inc. is a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling. Under the contract, Novelis would supply aluminum beverage packaging sheets to Ardagh’s metal production facilities in North America. This contract was in line with a new rolling and recycling plant in Bay Minette, Alabama. The plant would be the first fully integrated aluminum plant built in the U.S. in nearly 40 years. It could have an initial capacity of 600,000 tonnes of finished goods for the North American beverage packaging and automotive markets.
Further, metals like aluminum, and steel are infinitely recyclable, aligning with global circular economy goals. Tata Steel UK launched electrifying packaging steel in February 2025. Tata Steel launched its Electrifying Packaging Steel campaign, which underscores the company’s commitment to decarbonising steel production for the packaging sector using Electric Arc Furnace (EAF) technology. EAF technology significantly cuts carbon emissions while delivering the same high-quality, food-safe steel. This innovation helped retailers and FMCG brands meet sustainability targets and aligned with the growing demand for responsible packaging solutions. EAF technology would enable the production of packaging steel with 50% lower CO₂ emissions in packaging steel, and at least 50% recycled content. The company crafts steel for essential products like food, drink, and aerosol cans, and is committed to advancing a truly circular economy.
Innovations are further accelerating the market growth. AkzoNobel is helping the metal packaging industry secure a more sustainable future. Food manufacturers can now have a next-generation range of metal packaging coatings developed by AkzoNobel, which is both free of bisphenols and PVC. The SecurshieldTM 500 series of easy open-end coatings, which is designed to help can makers and their customers to regulatory requirements. With an offer that’s more sustainable and provides significantly improved performance compared with organosol-based alternatives.
Besides, in June 2024, Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has agreed to acquire Eviosys, Europe’s leading food cans, ends, and closures manufacturer, from KPS Capital Partners, LP for approximately $3.9 billion. This acquisition accelerates Sonoco’s strategy to focus on and scale its businesses. Both Sonoco’s metal business and Eviosys would lead the metal food can and aerosol packaging manufacturer and with innovation and sustainability. Eviosys was the largest metal food can manufacturing company in the EMEA region, with approximately 6,300 employees in 44 manufacturing facilities across 17 countries. Sonoco expected to achieve over $100 million of synergies from the integration of Eviosys metal can business.
➥ View a sample of the report or purchase the complete study at: Metal Packaging Market Report
Metal Packaging Market Report Highlights
- By type, the metal packaging market is segmented into cans, caps & closures, and others. The beverage cans have a significant demand due to beer, soda, and energy drinks.
- The metal packaging market, by raw material, is divided into steel, aluminum, and others. Steel is a strong and cost-effective material, it prevents corrosion in food packaging.
- By application, the metal packaging market is divided into food, beverages, cosmetics & personal care, industrial, and others. The food and beverages sector is witnessing significant demand from the growing economies of Asia Pacific. Food is driven by shelf stability and convenience.
- Asia Pacific will be the fastest-growing market during the forecast period, driven by huge population, industrialization and urbanization and investment in countries like China and India.
- North America is anticipated to see considerable growth, fueled by a continuous rise in consumer demands, technology and a focus on the circular economy that have contributed to the metal packaging market in the region.
Report Coverage:
| Report Metric | Details |
| Metal Packaging Market Size in 2025 | US$140.601 billion |
| Metal Packaging Market Size in 2030 | US$163.749 billion |
| Growth Rate | CAGR of 3.10% |
| Drivers |
|
| Restraints |
|
| Segmentation |
|
| List of Major Companies in Metal Packaging Market |
|
Metal Packaging Market Growth Drivers and Restraints
Drivers:
- Growing Demand from the Food and Beverage industry: One of the major drivers is growing demand for metal packaging in the food and beverage industry due to its protective qualities against moisture, light, and contamination, ensuring longer shelf life for products like canned foods, ready-to-drink (RTD) beverages, and processed items.
- Sustainability Trend: One of the key primary market drivers for the metal packaging is the growing sustainability focus on the environment. The global consumer and regulatory emphasis on the use of environmentally sustainable and circular economy initiatives is fuelling the demand for metal packaging, particularly aluminum and steel. This growing sustainability is met by the regulatory landscape of various governments as well, putting regulatory requirements, driving the metal packaging.
Restraints:
- High Cost: Metal packaging requires a high initial cost due to the requirement of advanced manufacturing equipment and aligning with the stringent regulations. This high initial cost acts as a key barrier, particularly for SMEs, limiting market entry and expansion. At the same time, metal packaging puts a higher cost burden on companies, increasing the price of the product, which substantially lowers the demand. With the advanced cost of production, the price burden translated to the company’s increasing cost.
- Volatility of Raw Materials: Metals like aluminium and steel are influenced by global supply chain disruptions, geopolitical tensions, and trade policies, making raw material prices volatile for manufacturers.
Metal Packaging Market Developments
- Strategic Collaboration: On July 29, 2025, RUSAL and AB InBev Efes launched Russia’s first low-carbon aluminium beverage can produced with a mix of low-carbon primary aluminium, recycled aluminium scrap (over 50%), and RUSAL’s inert anode technology (ALLOW INERTA).
Metal Packaging Market Segmentation
Knowledge Sourcing Intelligence has segmented the global Metal Packaging Market based on type, raw material, application, and region:
Metal Packaging Market, By Type
- Cans
- Caps & Closures
- Others
Metal Packaging Market, By Raw Material
- Steel
- Aluminum
- Others
Metal Packaging Market, By Application
- Food
- Beverages
- Cosmetics & Personal Care
- Industrial
- Others
Metal Packaging Market, By Region
- North America
- U.S.
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
Metal Packaging Market Key Players
- Ball Corporation
- Crown Holdings Incorporated
- Silgan Holdings Incorporated
- Can-Pack SA
- CCL Container Inc
- Orora Limited
- Daiwa Can Company
- Hoe Chong Tin Pte Ltd
- Sonoco Products Company
- Ardagh Metal Packaging
- Amcor
- Mauser Packaging Solutions
- Tetra Pak International SA
- Trivium Packaging
- Avon
About Knowledge Sourcing Intelligence (KSI)
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.
