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Report
North America Aluminium Cans Market Report and Forecast 2023-2028
Market Report I 2023-10-21 I 162 Pages I EMR Inc.
North America Aluminium Cans Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the North America aluminium cans market reached a value of approximately USD 16.59 billion in 2022. Aided by the growing demand for sustainable packaging solutions and the increasing applications of aluminium cans in multiple industries, the market is expected to grow at a CAGR of 4.1% between 2023 and 2028, to reach a value of USD 20.28 billion by 2028.
Aluminium cans, known for their high strength-to-weight ratio, are commonly used in the packaging of food and beverages, such as soda, beer, canned fruits and vegetables, and more. They play an essential role in protecting the quality and freshness of the contents while reducing transportation costs due to their light weight. In addition to their packaging advantages, aluminium cans are recyclable, enhancing their appeal amidst rising environmental concerns.
The increasing consumer preference for sustainable packaging solutions is driving the North America aluminium cans market growth. As consumers become more aware of the environmental impacts of packaging waste, there has been a noticeable shift towards recyclable and eco-friendly packaging options, leading to a surge in demand for aluminium cans. Furthermore, the rising trend of on-the-go consumption, particularly for beverages, has contributed to the increasing popularity of aluminium cans due to their convenience and portability.
The expanding applications of aluminium cans in various industries also play a significant role in propelling the North America aluminium cans market development. In the pharmaceutical industry, aluminium cans are used for packaging certain over-the-counter medications and health supplements. The personal care industry also utilises aluminium cans for packaging products like aerosols, deodorants, and shaving foams, further widening their application spectrum, increasing the North America aluminium cans market demand.
Moreover, the growing demand for canned foods and beverages in the food and beverage industry has led to an increased focus on aluminium cans. With the rise in fast-paced lifestyles and the increasing demand for convenience food products, aluminium cans have emerged as a vital packaging solution. Their ability to provide extended shelf life to products further enhances their appeal, thereby bolstering the North America aluminium cans market expansion.
Market Segmentation
The market can be divided based on size, application, and country.
Market Breakup by Size
- 12 Oz
- 16 Oz
- Others
Market Breakup by Application
- Beer
- Soft Drinks
- Others
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the North America aluminium cans companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Ball Corporation
- Crown Holding, Inc.
- Ardagh Group
- Silgan Containers LLC
- Canpack S.A.
- Novelis Inc.
- Saxco International LLC
- Envases Group
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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
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