Metal Can & Container Manufacturing in Canada - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Crack One Open: Operators Are Projected to Continue Their Downsizing Strategy to Remain Profitable

The industry in Canada provides cans and containers to the food and beverage market and to other industrial markets. Operators manufacture cans, typically aluminum, used to package fruits, vegetables, juice, beer and other foods and drinks. Operators also manufacture containers, which are larger and typically steel-based, that are used to store and ship seafood, bird seed, paint, detergent and other industry products. Despite the popularity of metal cans and containers, an increasing share is being imported from abroad, undercutting this industry's sales. Industry revenue is expected to increase at a CAGR of 1.7% to $1.6 billion over the five years to 2023, with an expected decline of 0.7% in 2023 as the economy cools. Profit is expected to remain steady as earlier pandemic-related disruptions are eliminated.

The Metal Can and Container Manufacturing industry in Canada manufactures light metal cans made of aluminum or steel that are used as beverage and food containers. It also manufactures light metal shipping containers including barrels, drums and pails. This industry does not manufacture heavy metal tanks or nonmetal cans and containers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.