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Aluminium Cans Market Report and Forecast 2024-2032

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    Report

  • 170 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921403
According to the report, the global aluminium cans market grew substantially in 2023. Aided by the rising consumption of beverages, increasing emphasis on sustainable packaging solutions, and diversifying applications across several sectors, the market is projected to further grow at a CAGR of 3.2% between 2024 and 2032 reaching a value of approximate USD 65.86 billion by 2032. Aluminium cans, known for their lightweight structure and impressive recyclability, have become the packaging of choice for a myriad of products, predominantly in the beverage sector encompassing soft drinks, beers, and energy drinks. They offer a remarkable shelf life, ensuring the products' integrity and freshness. Besides, aluminium cans are renowned for their sustainability, being 100% recyclable, reinforcing their attractiveness in a world leaning towards eco-friendly solutions.

The mounting consumer shift towards portable and convenient beverage options has invigorated the global aluminium cans market growth. With the urbanisation pace skyrocketing and lifestyles becoming increasingly hectic, the preference for on-the-go drink options, which aluminium cans perfectly cater to, has surged.

Additionally, the global rise in health and environmental consciousness has notably fuelled the aluminium cans' prominence. As the environmental ramifications of plastic pollution become glaringly evident, both manufacturers and consumers are pivoting towards sustainable packaging options, leading to an enhanced aluminium cans market demand. Aluminium cans, with their impressive recycling rate and minimal environmental footprint, stand out as a frontrunner in this transition.

The aluminium can’s utility is not confined solely to the beverage sector. Their applications span a spectrum of industries. In the pharmaceutical realm, these cans have found use in the packaging of sprays and inhalers due to their resilience and ability to maintain product sterility. The cosmetics industry, too, is increasingly leveraging aluminium cans for packaging products like hairsprays and deodorants, with the emphasis on aesthetics, durability, and sustainability.

Moreover, technological advancements in manufacturing and design have opened new vistas for aluminium cans. Innovations like resealable ends, easy-open lids, and slim can designs are enhancing user experience, further positively affecting the aluminium cans market outlook. Customisations in terms of printing and branding allow companies to create a distinctive brand presence, making aluminium cans a strategic tool in marketing arsenals.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application

  • Beverages
  • Food
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global aluminium cans market. Some of the major players explored in the report are as follows:
  • Ball Corp.
  • Crown Holding, Inc.
  • Norsk Hydro ASA
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Packaging Industry Overview
8.1 Global Packaging Historical Market (2018-2023)
8.2 Global Packaging Market Forecast (2024-2032)
8.3 Global Packaging Market by Region
8.4 Global Packaging Market by Type
8.5 Global Packaging Market by Application
9 Global Beverage Cans Market Overview
9.1 Global Beverage Cans Historical Market (2018-2023)
9.2 Global Beverage Cans Market Forecast (2024-2032)
9.3 Global Beverage Cans Market by Region
9.4 Global Beverage Cans Market by Type
10 Global Aluminium Cans Market Analysis
10.1 Key Industry Highlights
10.2 Global Aluminium Cans Historical Market (2018-2023)
10.3 Global Aluminium Cans Market Forecast (2024-2032)
10.4 Global Aluminium Cans Market by Application
10.4.1 Beverages
10.4.1.1 Market Share
10.4.1.2 Historical Trend (2018-2023)
10.4.1.3 Forecast Trend (2024-2032)
10.4.2 Food
10.4.2.1 Market Share
10.4.2.2 Historical Trend (2018-2023)
10.4.2.3 Forecast Trend (2024-2032)
10.4.3 Others
10.5 Global Aluminium Cans Market by Region
10.5.1 Market Share
10.5.1.1 North America
10.5.1.2 Europe
10.5.1.3 Asia Pacific
10.5.1.4 Latin America
10.5.1.5 Middle East and Africa
11 Regional Analysis
11.1 North America
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Country
11.1.3.1 United States of America
11.1.3.2 Canada
11.2 Europe
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Country
11.2.3.1 United Kingdom
11.2.3.2 Germany
11.2.3.3 France
11.2.3.4 Italy
11.2.3.5 Others
11.3 Asia Pacific
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.3 Breakup by Country
11.3.3.1 China
11.3.3.2 Japan
11.3.3.3 India
11.3.3.4 ASEAN
11.3.3.5 Australia
11.3.3.6 Others
11.4 Latin America
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.4.3 Breakup by Country
11.4.3.1 Brazil
11.4.3.2 Argentina
11.4.3.3 Mexico
11.4.3.4 Others
11.5 Middle East and Africa
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.5.3 Breakup by Country
11.5.3.1 Saudi Arabia
11.5.3.2 United Arab Emirates
11.5.3.3 Nigeria
11.5.3.4 South Africa
11.5.3.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyers Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players Market Share
14.3 Company Profiles
14.3.1 Ball Corp.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Demographic Reach and Achievements
14.3.1.4 Financial Summary
14.3.1.5 Certifications
14.3.2 Crown Holding, Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Demographic Reach and Achievements
14.3.2.4 Financial Summary
14.3.2.5 Certifications
14.3.3 Norsk Hydro ASA
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Demographic Reach and Achievements
14.3.3.4 Financial Summary
14.3.3.5 Certifications
14.3.4 Others
15 Setting Up an Aluminium Can Manufacturing Plant
15.1 Key Success and Risk Factors for Manufacturing Aluminium Cans
15.2 Products Manufactured: Introduction and Specification
15.3 Manufacturing Process Involved
15.4 Process Flow
15.5 Raw Material Requirements and Mass Balance
16 Capital Investment
16.1 Land Requirements and Investment
16.2 Construction Requirements and Investment
16.3 Plant Layout
16.4 Machinery Requirements and Investment
16.5 Other Capital Requirements and Investment
17 Operating Expenditures
17.1 Raw Material Requirements and Expenditures
17.2 Packaging Requirements and Costs
17.3 Labor Requirements and Costs
17.4 Transportation Requirements and Costs
17.5 Utilities Requirements and Costs
17.6 Financial Support
17.7 Other Operating Expenditures
18 Project Economics
18.1 Techno-Economic Parameters
18.2 Product Pricing and Margins
18.3 Income Projections
18.4 Expenditure Projections
18.5 Taxation
18.6 Depreciation
18.7 Financial Analysis
19 Events and Developments
List of Key Figures and Tables
1. Global Aluminium Cans Market: Key Industry Highlights, 2018 and 2032
2. Global Aluminium Cans Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Aluminium Cans Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Aluminium Cans Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Aluminium Cans Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Global Aluminium Cans Market Structure

Companies Mentioned

  • Ball Corp.
  • Crown Holding Inc.
  • Norsk Hydro ASA

Methodology

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