Aluminum Can Market to Grow to $76 Billion by 2030 Report by Custom Market Insights The aluminum can market is expected to grow worldwide to approximately $76 billion by 2030, with a compound annual growth rate (CAGR) of 4.5 percent between 2022 and 2030, according to a new report from Custom Market Insights, a market research and advisory company.. Pegged at $53.3 billion in 2021, the market shows increased consumption of various types of beverages, which is expected to be one of the major contributors to its growth during the forecast period. Increasing demand for sustainable packaging options that can maintain product authenticity is helping the aluminum cans market show a tremendous boost. Aluminum cans provide an economical option for packaging food and beverages, the report notes, as they are easily recycled multiple times and reused. Scrap collectors emerged as a major collection source where aluminum cans are gathered and then sent for the process of recycling. Read the report: www custommarketinsights com/report/aluminum-can-market
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ALUMINUM CAN MARKET CAGR 4.5% Size by Capacity, 2020-2030 (USD Billion)
Up to 200 ml 201 to 450 ml 451 to 700 ml 701 to 1000 ml more than 1000 ml
76B
56.2B
53.3B
51.3B
2020 2021 2022 2023
2024 2025
2026 2027 2028 2029 2030
BARBERTON, OHIO • 330-753-8458
Source: www.custommarketinsights.com
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