The US beverage can industry aims to offset its manufacturing cost inflation by using recycled aluminium, which is exempt from the 50 per cent tariff on aluminium and steel. By using recycled aluminium, the entire industry would shield nearly 70 billion cans, an industry valued at USD 36.95 billion in 2024, from potential financial threats and loss.
Recently, the Trump administration has applied a 50 per cent tariff on imports of consumer packaged goods made from aluminium and steel, creating a robust tension among manufacturers. However, this created a nudge towards using recycled aluminium for beverage can packaging.
US beverage can production
According to the IMARC report, the aluminium beverage can production in the US in 2024 was 155.8 Billion Units and is expected to reach 209.7 billion units by 2033, with a CAGR of 3.40%. According to IndustryARC, in 2021, the US held a 44 per cent market share of the beverage can market. The robust demand surges from applications such as carbonated soft drinks, alcoholic beverages, and others.
US income from the beverage can
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