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North America Aluminium Cans Market Size, Share, Growth, Analysis, Forecast: By Size: 12 Oz, 16 Oz, Others; By Application: Beer, Soft Drinks, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
North America Aluminium Cans Market Outlook
The North America aluminium cans market attained a value of nearly USD 16.59 billion in 2022. The market is projected to grow at a CAGR of 4.1% between 2023 and 2028 to reach a value of around USD 21.03 billion by 2028.
Key Trends in the Market
Aluminium can refers to a single-use container made up of aluminium. These cans possess low density, high thermal conductivity, good ductility, and exhibit high resistance to corrosion and high strength.
- Aluminium cans are gaining traction in the packaging sector owing to the increasing demand for carbonated drinks across North America as they are lightweight, easily stackable, and strong.
- Infinitely recyclable properties of aluminium cans enhance their usage to package eco-friendly products and reduce packaging wastage. In this regard, favourable government initiatives across North America aimed towards decreasing environmental waste are fuelling the North America aluminium cans market growth.
- Unique physical properties such as customisability and bacteria, oxidation, and chemical resistance of aluminium cans support the launch of innovative packaged food and beverage products with extended shelf-stability. Moreover, the growing innovations in the food and beverage sector aimed towards improving the quality and reliability of end products are expected to be some of the key market trends in North America.
Market Analysis
Based on size, the market is segmented into 12 Oz, and 16 Oz, among others. On the basis of application, the market is classified into beer, and soft drinks, among others. The major countries included in the North America market for aluminium cans include the USA and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the North America aluminium cans market report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Ball Corporation
- Crown Holding, Inc.
- Ardagh Group
- Silgan Containers LLC
- Canpack S.A.
- Novelis Inc.
- Saxco International LLC
- Envases Group
- Others
Market Share by Application
Soft drinks account for a significant share of the North America aluminium cans market. This can be attributed to the growing demand for premium sports drinks, cold drinks, soda, and ale, among others, hence driving the usage of aluminium cans across North America.
Meanwhile, beer is likely to witness a fast-paced growth in the forecast period owing to the increasing consumption of alcoholic beverages across the region.
Market Share by Country
The United States of America holds a considerable share of the North America market for aluminium cans. A strong foothold of leading aluminium can producers and packaging companies have established an excellent supply chain in the country.
In addition, the United States has one of the highest recycling rates of aluminium cans, which is an aiding factor in the market.
Competitive Landscape
Ball Corporation is a company which is one of the leading suppliers of sustainable aluminium packaging solutions for beverage, and personal care, among other products. It was founded in 1880 and is headquartered in Colorado, the United States.
Crown Holding, Inc. is a leading metal can manufacturer offering metal beverage and food cans, and metal aerosol containers, among other products. The company was established in 1892 and is headquartered in Pennsylvania, the United States.
Ardagh Group is a glass and metal manufacturer that caters to the evolving demands of brand owners across the world. The company was founded in 1932 and is headquartered in Marel, Luxembourg.
Other market players include Silgan Containers LLC, Canpack S.A., Novelis Inc., Saxco International LLC, and Envases Group, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Size |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Aluminium Cans Market Overview
8.1 Key Industry Highlights
8.2 North America Aluminium Cans Historical Market (2018-2022)
8.3 North America Aluminium Cans Market Forecast (2023-2028)
9 North America Aluminium Cans Market by Size
9.1 12 Oz
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 16 Oz
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Others
10 North America Aluminium Cans Market by Application
10.1 Beer
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Soft Drinks
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Others
11 North America Aluminium Cans Market by County
11.1 USA
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Canada
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Ball Corporation
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Crown Holding, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Ardagh Group
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Silgan Containers LLC
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Canpack S.A.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Novelis Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Saxco International LLC
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Envases Group
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Aluminium Cans Market: Key Industry Highlights, 2018 and 2028
2. North America Aluminium Cans Historical Market: Breakup by Size (USD Billion), 2018-2022
3. North America Aluminium Cans Market Forecast: Breakup by Size (USD Billion), 2023-2028
4. North America Aluminium Cans Historical Market: Breakup by Application (USD Billion), 2018-2022
5. North America Aluminium Cans Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. North America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2022
7. North America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. North America Aluminium Cans Market Structure
Key Questions Answered in the Report
The market reached a value of nearly USD 16.59 billion in 2022.
The market is estimated to grow at a CAGR of 4.1% in between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of around USD 21.03 billion by 2028.
The thriving packaging sector, the growing demand for eco-friendly and lightweight packaging materials, and growing beverage consumption across the region are the major drivers of the market.
The key trends in the market include the growing innovations in the food and beverage packaging sector and favourable government initiatives intended to reduce wastage y are the major market trends.
12 Oz, and 16 Oz, among others, are the different sizes of aluminium cans.
Beer, and soft drinks, among others, are the major applications of aluminium cans.
Ball Corporation, Crown Holding, Inc., Ardagh Group, Silgan Containers LLC, Canpack S.A., Novelis Inc., Saxco International LLC, and Envases Group, among others, are the key North America aluminium cans market players.
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