Metal Packaging Market Expands Amid Increased Consumption in Food, Beverage, and Personal Care Sectors

The global metal packaging market is projected to reach USD 148.13 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2025 to 2030, reaching USD 184.21 billion by the end of the forecast period. This growth is driven by an increasing global shift toward sustainability, consumer convenience, and advancements in packaging technologies.

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End-use Insights

The food and beverages segment led the market with a 57.36% share in 2024 and is set to maintain the highest CAGR of 4.2% through 2030. Canned vegetables, fruits, beverages, dairy, and ready-to-eat meals are key drivers. Heightened food safety standards and a growing preference for long-shelf-life products are further propelling this segment.

Paints and varnishes rely on metal packaging to preserve product quality during storage and transport, with growing demand fueled by construction and automotive sector growth.

In personal care and cosmetics, metal containers help preserve fragrance and texture. Deodorants, perfumes, shaving foams, and sprays benefit from airtight metal packaging that ensures long-lasting performance and product appeal.

Product Insights

Cans held the largest market share of 50.19% in 2024 and are anticipated to grow at the fastest CAGR of 4.2% through 2030. Their widespread use in food, beverage, and chemical packaging is reinforced by increasing consumer preference for ready-to-drink and on-the-go products.

Caps and closures—ranging from screw tops to flip lids—are essential across personal care, food, pharmaceutical, and cosmetic applications, helping preserve freshness and ensure safety.

Barrels and drums, predominantly made of steel, are essential for bulk transport of chemicals and liquids. Their durability, chemical resistance, and ability to endure rough handling and extreme conditions secure their place in industrial logistics and hazardous material handling.

Material Insights

Aluminum dominated the market with a 66.18% revenue share in 2024 and is projected to grow at a CAGR of 4.1% through 2030. Its corrosion resistance, lightweight nature, and excellent recyclability make it a preferred material for beverage cans, trays, bottles, and foils. Aluminum's adaptability also enhances brand aesthetics, further driving its market appeal.

Steel remains vital for its strength and protective properties, especially in packaging food, beverages, and hazardous chemicals. Its resistance to pressure and external elements makes it indispensable for carbonated drinks and aerosol-based products.

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