1. Market Research
  2. > Packaging Market Trends
Global Aluminum Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Aluminum Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • November 2021
  • 142 pages
  • ID: 6184974
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The global aluminum cans market was valued at USD 42.05 billion in 2020, and it is expected to reach USD 55.31 billion by 2026, registering a CAGR of 4.29% from 2021 to 2026. Aluminum cans offer long-term food quality preservation benefits. Aluminum cans deliver nearly 100% protection against light, oxygen, moisture, and other contaminants. These cans do not rust and are resistant to corrosion and provide one of the most extended shelves lives considering any packaging.

Key Highlights
Additionally, these cans provide many benefits, such as rigidity, stability, and high barrier properties, due to which they are used to store goods having longer shelf life and can be transported for more considerable distances. Aluminum has significant properties, such as being softer and lightweight, due to which the manufacturers can save costs associated with logistics.
Aluminum cans are gaining prominence due to various distinct features, such as stackable, lightweight, strong, hermetically sealed cover, resistance to transportation, rough handling, and easy recyclability, allowing brands to package and transport more beverages using less material.
One of the most significant benefits of aluminum cans is that these cans are highly recyclable. Nearly 100% of the aluminum used in the cans can be melted down and used again. Aluminum cans can be recycled at the end of their lifecycle without its quality degradation, making aluminum cans the preferred packaging type for brands across various industries, ahead of other materials, such as plastic and paper. The time frame for recycling is also quick, as mostly recycled can backs on the shelf in less than 90 days.
The Aluminum Association and the Can Manufacturers Institute (CMI) report "The Aluminum Can Advantage: Sustainability Key Performance Indicators 2020,"published in December 2020, found that consumers recycle aluminum cans at nearly double the rate of plastic bottles.
As the COVID-19 pandemic swept across the world, all industries were affected majorly due to disruption in the supply chains and government-imposed lockdowns in the wake of controlling its spread. During the COVID-19 pandemic, almost every brewery and beverage company around the world simultaneously wanted to can their product and get it on the shelf. This demand for cans skyrocketed at the same time as the aluminum can manufacturers were working to keep the production steady and growing. However, by mid of 2020, the industry had passed the tipping point and suffered from aluminum can shortage.

Key Market Trends

High Recyclability of Aluminum Cans is expected to drive the market.

Growing environmental concerns worldwide have resulted in increasing awareness about the type of packaging materials utilized. The high energy consumption of packaging manufacturing is one of the factors pushing recycling. Diminishing natural resources, global warming, and the impact of plastics on the environment are the major trends influencing consumer demand.
Initiatives by environmental groups and public awareness about the environment have increased awareness among users across the world. Consumers are demanding packaging products that cause no or lower environmental impact. Consumers are increasingly abandoning plastic usage, whereas the demand for recycled products is growing. As a result, it is creating a high demand for metal packaged products, including aluminum cans.
The recyclability of aluminum is one of the key factors influencing the consumption of aluminum cans in the market. Aluminum cans are almost 100% recyclable. Metal cans, specifically aluminum, are the most recycled packaging units across the world. These cans can be recycled at the end of their life cycle without degrading the quality, making them the preferred packaging material for companies across the industries, such as plastic and paper.
According to the Aluminum Association and Can Manufacturers Institute Report, published in December 2020, the consumer recycling rate for aluminum cans was 46.1% in the United States in 2019. Moreover, according to Metal Packaging Europe and Europe Aluminum December 2020 report, The total recycling rate for aluminum beverage cans in the European Union, Norway, Switzerland, and Iceland increased by over 2% from 2017 (74.5%), to reach an all-time high of 76.1% in 2018. The total amount of aluminum recycled rose by 37,000 tons to 457,000 tons, representing a total Green House Gas emissions saving of 3.7 million tons of CO?.

North America to Hold a Significant Share in the Market

North America holds the largest market share in terms of revenue due to the growing concerns regarding the use and consumption of sustainable packaging materials. It accounts for more than one-third of the total global consumption of aluminum cans.
The presence of aluminum producers and demand from packaging firms is also boosting the growth in North America. According to World Aluminum Organization, 5,112 thousand metric tons of primary aluminum are produced worldwide as of February 2020, out of which 312 thousand metric tonnes are produced in North America, which helps to grow the aluminum can help the industry in this region.
Aluminum cans have a higher recycling rate and more recycled content than competing package types. According to the Aluminum Association, it’s one of the most recycled materials on the market. Recycling saves more than 90% of the energy required to produce new metal hence reducing the cost of production. In the United States, two aluminum cans are recycled for every three cans shipped across the region. Factors such as these will boost the market growth.
In the US, 70% of the plastic collected for recycling goes to landfills, and the rising emphasis on reducing carbon footprint by controlling climate change is one of the growth drivers for aluminum cans in the region.
Owing to the increasing consumption of alcoholic and non-alcoholic beverages such as beer and carbonated drinks, there has been a significant demand for aluminum cans. For instance, according to the Alcohol and Tobacco Tax and Trade Bureau, in 2020, the volume of beer produced in the country was around 179.95 million barrels. Also, according to the Beer Institute’s 2020 Report, America’s brewers make use of around 36 billion aluminum cans every year.
Additionally, in Aug 2020, Crown Holdings Inc. announced its new initiative called Twentyby30. The company calls a robust program outlining 20 measurable environmental, social, and governance goals to be completed by 2030 or earlier. The maker of aluminum and steel cans created 20 goals, putting them into five categories: Optimum Circularity addressing the usage of recycled content and the recycling of discarded packaging.
Furthermore, in Sep 2020, Ball Corporation announced building a new United States aluminum beverage packaging plant in Pittston, PA. This multi-line beverage can plant expected to begin production in mid-2021. This investment supports the company’s focus on the rising demand for infinitely recyclable aluminum containers used in spiked seltzer, beer, sparkling water, and carbonated beverage categories.

Competitive Landscape

The aluminum cans market is highly fragmented, owing to the presence of various global and local industry players. Vendors in this market participate based on product portfolio, differentiation, and pricing. Recent developments in the market are:

July 2021 - Ball Corporation partnered with EN+ Group’s Metals segment RUSAL to incorporate "ultra-low carbon"aluminum in the slugs and impact extruded containers manufactured by Ball. The aluminum produced by EN+’s Metals segment uses inert anode technology and renewable energy-based smelting, which reportedly generates 85% less CO2e compared to the global average for aluminum production.
November 2020 - Crown Holdings Inc became the first metal packaging manufacturer to achieve the 15-year wind power, Virtual power purchase Agreement with Longroad Energy, and this serves as a significant step for Crown’s plan for employing 60% renewable electricity by 2030.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

European Metal Cans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • $ 3750
  • March 2021
  • 197 pages

The European Metal Can market was valued at USD 15.60 billion in 2020 and is expected to reach USD 18.14 billion by 2026, at a CAGR of 2.5% over the forecast period 2021 - 2026. BPA-free coatings in the ...

  • Europe
  • Metal Packaging
  • Food Packaging
  • Industry analysis
  • Smoking Prevalence
  • Coffee Consumption


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on