Food and Beverage Metal Cans Market

The food and beverage metal cans market is estimated at USD 50.42 billion in 2024 and is projected to reach USD 70.72 billion by 2029, at a CAGR of 7.0% from 2024 to 2029.

The growth of the food and beverage metal cans market is anticipated to be driven by the increasing global demand for ready-to-eat snacks and canned food and beverages. Food cans, typically made of steel or aluminum and coated internally with tin, prevent direct contact between the food and the can materials, thereby avoiding corrosion. These cans are commonly used to package items such as fruits, vegetables, takeaway meals, pet food, meat, and seafood.

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For Instance, Ball Corporations strategic partnerships with companies like Novelis Inc. and Aluminum Dynamics reflect the industry's dedication to sustainable growth. These collaborations aim to significantly reduce reliance on imported can sheets. Novelis Inc., a key provider of sustainable aluminum solutions, is investing in the construction of a new low-carbon recycling and rolling mill in Bay Minette, Alabama. Once completed, the facility will have the capacity to produce 600,000 metric tons of finished aluminum goods annually. The mill will incorporate advanced technologies to support aluminum container production and reduce the export of used beverage cans (UBC) and reliance on open-loop recycling. Similarly, Aluminum Dynamics is developing a new rolling mill with remelt centers in the U.S. and Mexico. These initiatives focus on enhancing domestic production, minimizing imports, and promoting closed-loop recycling, while aligning with industry-wide circularity and climate objectives.

Crown Holdings, Inc (US)

Crown Holdings, Inc. is a prominent leader in metal packaging technology. The company is organized into various segments, including American Beverage, European Beverage, European Food, Asia Pacific, Transit Packaging, and other operational segments. Crown Holdings is involved in the design, manufacturing, and sale of metal packaging products for consumer goods, such as beverage cans, food cans, transit packaging, and closures.

With a global presence and extensive geographic reach, Crown Holdings, Inc. operates 241 manufacturing plants across 47 countries. The company’s business is mainly structured around four geographic divisions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

Ball Corporation (US)

Ball Corporation is a US based company that provides innovative and sustainable aluminum packaging solutions for customers in the beverage, personal care, and household product industries. Established in 1880, the company employs over 16,000 people globally. The company has a strong robust strategic plan to expand its presence in various regions worldwide. It actively collaborates with its customers throughout the supply chain, offering metal packaging as a proactive and reliable solution to the plastic pollution crisis. Ball Corporation's stock is listed on the New York Stock Exchange under the ticker symbol BALL.

The company is present in North and Central America, Europe, Russia, Africa, The Middle East, Asia and South America

Silgan Holdings Inc., (US)

Silgan Holdings Inc. has developed into a leading global provider of sustainable rigid packaging solutions for consumer goods, with 107 manufacturing facilities across four continents, employing over 14,400 people, and generating more than USD 6 billion in sales in 2023. Their core product lines include dispensing and specialty closures, metal containers, and custom containers.

Silgan Holdings Inc. has achieved significant expansion through both organic growth and strategic acquisitions of companies with strong cash return profiles. To date, they have completed forty acquisitions that have enhanced their product offerings and expanded their global footprint. The collective strength of their businesses combines robust organic growth, stability, and acquisition opportunities, delivering best-in-class returns to shareholders and stakeholders. Company has over 100 manufacturing plants located across North America, Europe, Asia, and South America.

Ardagh Group (Luxembourg)

Ardagh Group is a global provider of sustainable, infinitely recyclable metal and glass packaging for brands worldwide. The company operates 61 production facilities across 16 countries, with a workforce of approximately 20,000 employees. Ardagh Metal Packaging (AMP), which is 76% owned by Ardagh Group, is listed on the New York Stock Exchange.

Additionally, Ardagh Group holds a 42% stake in Trivium Packaging, a leading supplier of sustainable metal packaging for the food, specialty, and personal care markets. It operates in 22 countries and has 75 metal and 34 glass manufacturing facilities across the globe.

CCL Industries (US)

CCL Industries employs around 26,000 people across 213 production facilities in 43 countries, with corporate offices located in Toronto, Canada, and Framingham, Massachusetts. CCL is the world’s largest converter of pressure-sensitive and specialty extruded film materials, serving a variety of decorative, instructional, functional, and security applications for government institutions and major global customers in the consumer packaging, healthcare & chemicals, consumer electronics, and automotive sectors. The company also produces extruded and laminated plastic tubes, aluminum aerosols and specialty bottles, folded instructional leaflets, precision-decorated and die-cut components, electronic displays, polymer banknote substrates, and other complementary products and services for specific end-use markets.

Related Reports:

Food and Beverage Metal Cans Market by Fabrication Type (2 Piece Cans, 3 Piece Cans), Application (Food and Beverage), Coating Type, Material Type, Beverage Can Capacity, Degree of Internal Pressure, and Region - Global Forecast to 2029

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