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AL CIRCLE

Global aluminium cans market set to grow rapidly - consumption expected to reach 627B units by 2030

EDITED BY : 5MINS READ

A recent market analysis indicates that the global food tins and drink cans market including aluminium is poised for steady growth, with its value expected to rise from an estimated USD 2.6 billion in 2025 to a solid USD 4.0 billion by 2035. This expansion, fuelled by a compound annual growth rate (CAGR) of 4.5 per cent, reflects the increasing consumer demand for convenient, durable, and eco-friendly packaging solutions. The report underscores how the market is evolving in response to the global push for sustainability and the growing popularity of ready-to-eat meals and beverages.

Global aluminium cans market

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A major driver is the growing demand for extended shelf life and efficient storage solutions. Metal packaging, especially aluminium and steel, plays a vital role in preserving product quality by safeguarding contents from contamination and oxidation. This is essential for a variety of products, including dairy, ready-to-eat meals, fruits, vegetables, and pet food. Additionally, the increasing emphasis on convenience, alongside the rise of urban living and dual-income households, has heightened the demand for packaging that fits seamlessly into modern lifestyles.

Outlook for aluminium packaging sector

In 2023, the aluminium packaging industry saw consistent growth, fuelled by rising demand for beverage cans and packaging foils. With over 11.5 million tonnes of aluminium flat-rolled products used in packaging, the shift from traditional materials like plastic and glass to aluminium has paved the way for a dynamic evolution in the sector.

As per AL Circle’s report, the Global consumption of aluminium beverage cans rose from 343 billion units in 2015 to 416 billion in 2020, with projections estimating that by 2030, global production will soar to 627 billion units. 

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EDITED BY : 5MINS READ

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