Metal Packaging Market Booming with Explosive Growth by CAGR of 3.1% - Key Drivers and Forecast

The global metal packaging market is witnessing steady growth, fueled by technological advancements and a surge in demand for canned food.

WILMINGTON, DE, UNITED STATES, July 30, 2025 /EINPresswire.com/ -- The global metal packaging market is witnessing steady growth, fueled by technological advancements and a surge in demand for canned food. According to a new report by Allied Market Research, titled “Metal Packaging Market by Material (Steel, Aluminum, Others), by Type (Cans, Caps and Closures, Drums and Barrels, Others), by Application (Food, Beverages, Personal Care, Health Care, Others): Global Opportunity Analysis and Industry Forecast, 2020–2030”, the industry generated $108.8 billion in 2020 and is projected to reach $147.4 billion by 2030, growing at a CAGR of 3.1% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1910

Key Growth Drivers:-

- Innovation in Packaging Technology: Enhanced barrier properties, lightweight materials, and design flexibility are pushing manufacturers to opt for metal solutions.
- Rising Demand for Canned Food: Urbanization and busy lifestyles are fueling consumer preference for ready-to-eat and shelf-stable products.
- Premium Appeal: Growing use of metal packaging for high-end products such as gourmet cookies, coffee, and specialty teas opens new revenue streams.

Market Challenges:

- Environmental Concerns: Issues related to steel mining and energy-intensive production processes hinder sustainable adoption.
- Rising Raw Material Costs: Increased prices for steel and aluminum continue to pressure profit margins.

Segment Analysis:-

By Material:

- Steel dominated in 2020, accounting for over 60% of the market share, thanks to its versatility in food, beverage, aerosol, and industrial applications.
- Aluminum is the fastest-growing material, with a CAGR of 4.4%, driven by its popularity in sustainable beverage packaging.

By Application:

- Food remained the top application, holding over 40% of the market share. Metal packaging’s ability to preserve freshness and extend shelf life makes it indispensable.
- Personal Care is emerging fast, with a CAGR of 4.4%, supported by increasing consumer demand for premium and youth-centric grooming products.

Regional Insights:

- Europe, followed by North America, led the global market in 2020, capturing nearly 40% of the total revenue. The region’s strong industrial base and presence of global packaging leaders supported this dominance.
- Asia-Pacific is forecasted to grow at the highest CAGR of 3.9%, driven by population growth, increasing disposable income, and rising consumption of packaged food and beverages.

Key Players in the Industry

- Amcor Plc
- Ardagh Group S.A.
- Ball Corporation
- CPMC Holdings Ltd.
- Crown Holdings, Inc.
- Greif Incorporated
- Metal Packaging Europe
- Silgan Holdings, Inc.
- Tata Steel
- Ton Yi Industrial

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/metal-packaging-market/purchase-options

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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