Aluminum Cans Market by End-user and Geography - Forecast and Analysis 2022-2026

The aluminum cans market share is expected to increase by USD 8.85 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.84%.

This aluminum cans market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers aluminum cans market segmentation by end-user (beverages, food, pharmaceuticals, chemical, and others) and geography (North America, Europe, APAC, South America, and MEA). The aluminum cans market report also offers information on several market vendors, including Amcor Plc, Ardagh Group SA, Ball Corp., BangkokCan Manufacturing Co. Ltd., CANPACK SA, COFCO Corp., Crown Holdings Inc., Nampak Ltd., Norsk Hydro ASA, and Orora Ltd. among others.

What will the Aluminum Cans Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Aluminum Cans Market Size for the Forecast Period and Other Important Statistics

 

Aluminum Cans Market: Key Drivers and Challenges

The high recycling rate is notably driving the aluminum cans market growth, although factors such as the availability of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the aluminum cans industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Aluminum Cans Market Driver

The high recycling rate is one of the key drivers supporting the aluminum cans market size growth. Growing environmental concerns around the world have raised awareness regarding the types of packaging materials used. The key trends driving consumer demand include the depletion of natural resources, global warming, and the environmental impact of plastics. Aluminum cans recycle at a higher rate and contain more recycled material than rival package types. These cans can be recycled without affecting their quality at the end of their life cycle, making them the preferred packaging material for enterprises in a variety of industries.

Key Aluminum Cans Market Challenge

The availability of substitutes may hinder the aluminum cans market size growth. during the forecast growth. These substitutes have seen a significant increase in consumption from end-user industries due to their low cost to both the end-users and manufacturers. Moreover, end-users are looking for less expensive options to help them reduce the cost of their end-products which is expected to stymie the growth of the global aluminum cans market.

This aluminum cans market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Aluminum Cans Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Amcor Plc
• Ardagh Group SA
• Ball Corp.
• BangkokCan Manufacturing Co. Ltd.
• CANPACK SA
• COFCO Corp.
• Crown Holdings Inc.
• Nampak Ltd.
• Norsk Hydro ASA
• Orora Ltd.

 

This statistical study of the aluminum cans market encompasses successful business strategies deployed by the key vendors. The aluminum cans market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The aluminum cans market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Aluminum Cans Market?

For more insights on the market share of various regions Request for a FREE sample now!

31% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for aluminum cans in North America. However, the market growth in North America will be slower than the growth of the market in other regions.

The high consumption of processed and ready-to-eat (RTE) food goods will facilitate the aluminum cans market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Aluminum Cans Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The aluminum cans market share growth by the beverages segment will be significant during the forecast period. Aluminum is used for packing beverages as it offers product support, tamper resistance, and protection from the external environment to beverages. Moreover, the increasing launch of new beverages in aluminum cans is supporting the growth of the segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum cans market size and actionable market insights on post-COVID-19 impact on each segment.

 

Aluminum Cans Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.84%
Market growth 2022-2026	$ 8.85 billion
Market structure	Fragmented
YoY growth (%)	3.70
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 31%
Key consumer countries	US, Canada, China, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Amcor Plc, Ardagh Group SA, Ball Corp., BangkokCan Manufacturing Co. Ltd., CANPACK SA, COFCO Corp., Crown Holdings Inc., Nampak Ltd., Norsk Hydro ASA, and Orora Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Aluminum Cans Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive aluminum cans market growth during the next five years
• Precise estimation of the aluminum cans market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the aluminum cans industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of aluminum cans market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch