Canned Food Packaging Market Size
Canned Food Packaging Market was valued around USD 31 billion in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032. Canned food packaging offers a range of benefits, including extended shelf life, preservation of nutritional value, and ease of transportation and storage.
To get key market trends
Packaging materials and designs meant to improve product attractiveness and functionality have evolved in the market. As customers grow more ecologically sensitive, sustainable packaging solutions—including environmentally friendly materials and less environmental impact—have taken the stage. Incorporating elements like easy-open lids, tamper-evident seals, and interactive QR codes for enhanced consumer involvement, the sector has also embraced technology. Changing lifestyles along with global trends in health and wellbeing have driven demand for varied canned food options, therefore increasing the diversity of products and packaging uniqueness.
| Report Attribute | Details |
|---|---|
| Base Year | 2023 |
| Canned Food Packaging Market Size in 2023 | USD 31 billion |
| Forecast Period | 2023 - 2032 |
| Forecast Period 2023 - 2032 CAGR | 5.2% |
| 2032 Value Projection | USD 49 billion |
| Historical Data for | 2018 – 2023 |
| No. of Pages | 300 |
| Tables, Charts & Figures | 188 |
| Segments covered | Product type, Packaging material, Can size |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
The fierce competition from alternative packaging forms, especially pouches and Tetra Paks, presents one major obstacle confronting the market for canned food packaging. Consumers looking for lightweight choices, ease, and environmentally friendly packaging have come to favor these substitutes. Particularly appealing for on-the-go consumption, pouches provide portability and flexibility. Conversely, Tetra Paks are well-known for their light weight yet robust character, which strikes a compromise between environmental concerns and product defense. The rivalry gets more fierce since these substitutes usually have cutting-edge qualities including simple resealing, pouring spouts, and improved visual appeal.
Canned Food Packaging Market Trends
Within the realm of canned food, there is much chatter going on! Here's the scoopCompanies are creating more organic and healthful choices since consumers wish their canned products to be healthy. Eco-friendly consumers are fueling the need for sustainable packaging. Businesses are listening and developing strategies to reduce the environmental damage their packaging causes. People are curious about the contents of their food and its origins. Businesses are reacting by including additional information on their labels regarding the sources of the materials, cooking methods, and contents of their food. Companies are showing off those vitamins and minerals on their packaging, so appealing to health-conscious consumers, and focusing nutritional information up and center. Smart TechnologyThe sector is becoming technologically astute! A few companies are including sensors on their packaging and QR codes. These enable you check the food for information on freshness and storage techniques. This is great for customers as well as for the businesses in terms of better product tracking.
Canned Food Packaging Market Analysis
Learn more about the key segments shaping this market
Product type determines the division of the market into canned fruits, vegetables, meat and poultry, tinned fish, canned ready meals and other. With USD 9.42 billion in market share in 2023, canned fruits dominated Driven by consumer desire for quick and long-lasting fruit goods, canned fruits—with their great range of options—have a sizable proportion of the market. Closely following the rising trend of health-conscious consumers looking for ready-to-use and nutrient-dense vegetable alternatives are canned veggies.
Learn more about the key segments shaping this market
Based on material, the market is categorized into metal, plastic, glass and paper & paperboard. Metal packaging accounted for over 50% market share in 2023 and is projected to grow through 2032. Metal packaging, including both tin and aluminum, remains a dominant force, constituting a substantial portion of the market. The durability, longevity, and excellent preservation properties of metal make it a preferred choice for many canned food products, ensuring the integrity and safety of the contents.
The canned food packaging industry exhibits a segmentation based on can sizes, with small, medium, and large cans each playing a distinct role in the overall market share. Small cans, often ranging from 3 to 8 ounces, cater to the demand for single-serving portions and snack-sized products. This segment has witnessed a notable increase in market share due to the rising preference for on-the-go and portion-controlled consumption. The compact nature of small cans also aligns with changing lifestyles, where convenience is paramount.
Looking for region specific data?
With nearly $12.2 billion in sales in 2023 North America dominated the canned food packaging scene. Why is it? North Americans often seem to be running about and seek quick and simple methods of eating. Canned meals have so evolved into their saving grace. Furthermore in demand right now are canned vegetables and fruits since individuals desire quick access to healthier choices. The worst part is that people in North America are all green enthusiasts. Companies are choosing more materials that might be recycled or even organically break down since consumers want their food packaging to be environmentally friendly. Everyone gains something from this!
Canned Food Packaging Market Share
The canned food packaging industry exhibits a moderate degree of concentration, with several key players vying for market share. While some companies dominate specific segments, the overall landscape is characterized by a diverse array of competitors. Key competitors such as Amcor Plc, Ardagh Group, Ball Corporation, Crown Holdings, and Sonoco dominate the landscape, contributing to a more consolidated market. These major players employ various competitive approaches, including strategic pricing, robust distribution networks, and innovative product offerings, creating a competitive edge.
Amcor Plc and Ball Corporation, in particular, have initiated significant efforts to expand their operations globally. Amcor Plc has been focusing on sustainable packaging solutions, aligning with the growing consumer demand for eco-friendly options. Ball Corporation, on the other hand, has been extending its reach into South America, with plans for a new manufacturing plant in Peru to meet the increasing demand for aluminum cans.
Canned Food Packaging Market Companies
Major players operating in the canned food packaging industry include
- AJ Packaging Limited
- Amcor Plc
- Ardagh Group
- Ball Corporation
- Colep Packaging
- Crown Holdings
- Del Monte Foods, Inc.
- Envaplaster
- Eviosys
- MC Packaging
- MyChau
- Siligan Containers
- Sonoco
Canned Food Packaging Industry News
- In June 2023, Eviosys, a leading global packaging provider, unveiled 'Ecopeel,' an innovative metal food can packaging solution that incorporates a peelable foil seal. This foil is directly affixed to the can's body, replacing the traditional ring-pull opening mechanism. Anticipated to reduce the overall carbon footprint per can by up to 20%, the peelable seal of the Ecopeel solution offers both ease of opening and a 45-degree sealing surface, requiring less force for can access.
- During June 2022, there were expectations that Ball Corporation would extend its presence in South America by establishing a new manufacturing plant in Chilca, Peru. This strategic move was prompted by the increasing worldwide demand for aluminum cans. The anticipated commencement of operations is set for 2023, with the facility projected to boast a production capacity exceeding 1 billion beverage cans annually.
- Huber Packaging has recently unveiled a comprehensive line of metal cans known as "Canister." Crafted from tinplate, this extensive range is designed to accommodate an array of chemicals, including wood preservatives and thinner, as well as consumables like edible oils and various food items.
The canned food packaging market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Thousand Units) from 2018 to 2032, for the following segments
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Market, By Product Type
- Canned Fruits
- Canned Vegetables
- Canned Meat and Poultry
- Canned Seafood
- Canned Ready Meals
- Other
Market, By Packaging Material
- Metal
- Tin
- Aluminium
- Plastic
- Glass
- Paper & paperboard
Market, By Can Size
- Small cans
- Medium cans
- Large cans
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Indonesia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- Saudi Arabia
- UAE
- South Africa
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