Metal Cans, Barrels, Drums and Pails - Global Strategic Business Report

The global market for Metal Cans, Barrels, Drums and Pails was valued at US$81.9 Billion in 2024 and is projected to reach US$107.7 Billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Metal Cans, Barrels, Drums and Pail Market - Key Trends and Drivers Summarized

Metals cans represent a convenient, cost-friendly, safe and eco-friendly packaging option as foods and beverages in metal cans chill faster and remain cold for longer times than other packaging alternatives. Growth in the global market for metal cans, barrels, drums, and pails is led by the rising demand from the food and beverage industry, which heavily relies on these containers for packaging solutions, is a primary driver. Metal cans are preferred for their ability to preserve the quality and extend the shelf life of food products due to their durability and excellent barrier properties against light, air, and moisture. Additionally, the increase in beverage consumption, particularly of canned drinks, underlines the market's expansion. This trend is bolstered by the growing consumer awareness towards sustainable packaging solutions, as metal cans are 100% recyclable and can be recycled indefinitely without loss of quality, aligning with global sustainability goals.

The chemicals and lubricants industry also significantly contributes to the demand for metal barrels, drums, and pails. These containers are essential for the safe and efficient transport and storage of industrial chemicals, solvents, oils, and lubricants, offering protection against contamination and leakage, thus ensuring safety standards are met. The robust nature of metal packaging is crucial in sectors where chemical compatibility and fire risk management are priorities. As industries continue to expand globally, including the paint and coatings industry and the automotive sector, the need for reliable and sturdy packaging solutions like metal drums and barrels is projected to rise accordingly.

Technological advancements in metal packaging production are setting trends in the market. Innovations aimed at reducing the weight of cans and improving the manufacturing efficiency are making metal packaging more competitive against alternatives like plastic and glass. Moreover, enhancements in decorative and protective coatings have not only improved the aesthetic appeal of metal cans but also their resistance to corrosion, further extending their usability in a broader range of products and environments. These improvements, coupled with ongoing efforts to reduce production costs and increase the sustainability of resources used, ensure that metal cans, barrels, drums, and pails remain an integral part of packaging solutions across various industries.

Report Scope

The report analyzes the Metal Cans, Barrels, Drums and Pails market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments

Product Segment (Aluminum Metal Cans, Steel Metal Cans, Metal Drums & Pails, Metal Barrels); Application (Chemicals, Food & Beverage, Other Applications).

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Aluminum Metal Cans segment, which is expected to reach US$61.6 Billion by 2030 with a CAGR of a 5%. The Steel Metal Cans segment is also set to grow at 4.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $21.6 Billion in 2024, and China, forecasted to grow at an impressive 6.9% CAGR to reach $22.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Anheuser-Busch Companies Inc., ArcelorMittal S.A., Ardagh Group S.A., Ball Corporation, BWAY Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Metal Cans, Barrels, Drums and Pails Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Metal Cans, Barrels, Drums and Pails Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Metal Cans, Barrels, Drums and Pails Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 158 major companies featured in this Metal Cans, Barrels, Drums and Pails market report include:

• Anheuser-Busch Companies Inc.
• ArcelorMittal S.A.
• Ardagh Group S.A.
• Ball Corporation
• BWAY Corporation
• Can-Pack S. A.
• CCL Industries Inc.
• Cleveland Steel Container Corporation
• CPMC Holdings Limited
• Crown Holdings Inc.
• Daiwa Can Company
• Great Western Containers Inc.
• HUBER Packaging Group GmbH
• Pacific Can China Holdings Ltd.
• SCHÜTZ GmbH & Co. KGaA
• Silgan Holdings Inc.
• Skolnik Industries Inc.
• Tata Steel Group
• ThyssenKrupp Rasselstein GmbH
• Toyo Seikan Group Holdings Ltd.
• U. S. Steel Košice s.r.o.
• Universal Can Corporation