Composite Cans Market Research Report By Material (Aluminum, Steel, Paperboard, Plastic), By Closure Type (Easy Open Ends, Peelable Ends, Screw Caps), By Capacity (Less than 50ml, 50ml to 150ml, 150ml to 250ml, 250ml to 500ml, 500ml to 1000ml, Greater than 1000ml), By End-Use Industry (Food and Beverage, Pharmaceutical, Personal Care, Industrial) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Composite Cans Market Overview

The Composite Cans Market Size was estimated at 3.58 (USD Billion) in 2022. The Composite Cans Industry is expected to grow from 3.76 (USD Billion) in 2023 to 5.8 (USD Billion) by 2032. The Composite Cans Market CAGR (growth rate) is expected to be around 4.94% during the forecast period (2024 - 2032).

Key Composite Cans Market Trends Highlighted

Certain factors that market analysts cite as the key influencers include the demand for packaged food & beverages, the awareness of sustainability, and technology trends. Composite can technology provides all sorts of advantages: low-weight, tough and printable, thus enabling multiple usage. There are prospects for the further geographic expansion of composite cans into developing regions, the market of biobased and recyclable materials development and the creation of new convenience store packaging and shelf-stable products. Recent developments observed in the composite cans market include enhancing research and development activities, forming partnerships with end customers and practicing eco-friendly packaging.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Composite Cans Market Drivers

Growing Demand for Food and Beverages

The food and beverage industry is one of the largest and fastest-growing industries globally. With the increasing population and rising incomes, the demand for packaged food and beverages is rising. Composite cans are the perfect packaging solution for a wide range of food and beverage products. They are lightweight, durable, and can be customized to meet various product requirements. Therefore, the growing food and beverage sector is expected to drive the composite cans market.

Rising Environmental Concerns

Consumers are becoming increasingly concerned about the environmental impact of packaging. Composite cans are a more sustainable packaging option than traditional metal or plastic cans, as they are made from renewable materials and can be recycled. The growing environmental concerns are expected to drive the demand for composite cans in the composite cans market industry.

Technological Advancements

The composite cans market is also anticipated to be driven by technological development. In addition to emerging styles and designs, these cans are now lighter, stronger, and more cost-effective than they have ever been. As a result, the development of new technologies is likely to make composite cans a viable option for packaging a wide range of products.

Composite Cans Market Segment Insights

Composite Cans Market Material Insights 

The Material segment plays a pivotal role in shaping the dynamics of the Composite Cans Market. Among the key materials utilized in composite can manufacturing, Aluminum stands out as the dominant force, capturing a substantial market share. Its exceptional strength-to-weight ratio, corrosion resistance, and recyclability make it an ideal choice for various applications, including food, beverage, and industrial packaging. The Composite Cans Market revenue generated from Aluminum is projected to surpass USD 2.15 billion by 2024. Steel, another prominent material in composite can production, is primarily employed in the manufacturing of large-sized cans for industrial and chemical applications.Its durability and ability to withstand high pressure make it suitable for packaging hazardous materials and products requiring extended shelf life. The Composite Cans Market segmentation based on Steel is anticipated to reach a valuation of approximately USD 965 million by 2024. Paperboard, a renewable and sustainable material, finds its niche in the packaging of dry goods and non-perishables. Its lightweight and cost-effectiveness contribute to its popularity in sectors such as food and pharmaceuticals. The Composite Cans Market data suggests that Paperboard is projected to account for a market share of around USD 780 million by 2024.Plastic, with its versatility and barrier properties, is gaining traction in the composite can industry. Its ability to mold into complex shapes and provide protection against moisture and oxygen makes it a viable option for packaging sensitive products. The Composite Cans Market statistics indicate that Plastic is poised to capture a market value of approximately USD 840 million by 2024. The Composite Cans Market industry exhibits a dynamic interplay between these materials, each catering to specific application requirements. Aluminum's dominance stems from its superior performance in demanding applications, while Steel, Paperboard, and Plastic cater to specialized niches.As the industry continues to evolve, advancements in material science and technological innovations are expected to further shape the Material segment and drive market growth in the years to come.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Composite Cans Market Closure Type Insights 

The Closure Type segment includes Easy Open Ends, Peelable Ends, and Screw Caps. Easy Open Ends holds a significant share in the market owing to the high usage in the packaging of food and beverage products, making it a convenient choice. Besides, the Peelable Ends segment is gaining prominence in dairy products and processed food packaging. They can be opened with ease and are tamper-evident. The Screw Caps are used for the packaging of industrial products and chemicals. The market is estimated to cross $ 1.8 billion by 2024, growing at a CAGR of 4.5%.

Composite Cans Market Capacity Insights 

The capacity segment plays a crucial role in shaping the dynamics of the Composite Cans Market. In 2023, the 'Less than 50ml' capacity segment held the largest market share, driven by its extensive use in packaging food and beverage products. The '50ml to 150ml' and '150ml to 250ml' segments are also witnessing significant growth due to their suitability for packaging personal care and pharmaceutical products. On the other hand, the '250ml to 500ml' segment is projected to exhibit a promising growth trajectory over the forecast period, fueled by rising demand for convenience packaging in the food and beverage industry.The '500ml to 1000ml' and 'Greater than 1000ml' segments are expected to gain traction in the coming years as they offer optimal packaging solutions for larger-sized products. Overall, the capacity segmentation of the Composite Cans Market presents diverse growth opportunities, with each segment catering to specific end-use applications and consumer preferences.

Composite Cans Market End-Use Industry Insights 

The End-Use Industry segment plays a crucial role in shaping the Composite Cans Market revenue. Among the key end-use industries, Food and Beverage holds a significant share, driven by the growing demand for packaged food and beverages. The Pharmaceutical industry also contributes substantially, as composite cans offer reliable packaging solutions for sensitive pharmaceuticals. Personal Care products, such as cosmetics and toiletries, are another major end-use industry, benefiting from the protective and aesthetic qualities of composite cans.Industrial applications, including chemicals and lubricants, also utilize composite cans for safe and efficient packaging. Overall, the End-Use Industry segmentation provides valuable insights into the diverse applications of composite cans, helping manufacturers tailor their products to meet the specific needs of each industry. Market data suggests that the Food and Beverage segment is projected to witness significant growth in the coming years, driven by the rising demand for packaged food and beverages in emerging economies.

Composite Cans Market Regional Insights 

Regionally, North America held the largest market share in 2023, accounting for over 35% of the revenue. Europe stood as the second-largest regional market, followed by APAC, South America, and MEA. The growth in North America is attributed to the increasing demand for composite cans in the food and beverage industry. The region is home to a large number of food and beverage companies that are increasingly adopting composite cans for their packaging needs. The market in Europe is also expected to witness significant growth, driven by the rising adoption of composite cans in the pharmaceutical and personal care industries.The APAC region is projected to be the fastest-growing regional market, owing to the growing population and urbanization, which is leading to an increase in the demand for packaged food and beverages. The market in South America and MEA is anticipated to grow at a moderate pace, driven by the expanding food and beverage industries in these regions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Composite Cans Market Key Players And Competitive Insights

Top players in the Composite Cans Market are adopting a range of growth strategies such as mergers, partnerships, and collaborations. Leading Composite Cans Market players are aiming for expansion as well as a presence in more countries to enhance their market share and generate more revenue. Competition among players is high as the Composite Cans Market industry consists of a number of local and international players. Companies continue to invest in the development of the Composite Cans Market to expand their product portfolios and to cater to the needs of consumers. This is expected to impact the overall shape of the Composite Cans Market industry. Top players in the industry are today leveraging advanced technology to improve production processes and reduce costs. Players such as Silgan Holdings Inc. have become prominent players in the industry. Silgan Holdings Inc. has a solid presence and is well-known for its wide product portfolio that ranges across industries that deal with food, beverages, and personal care. The Company’s commitment to innovation and sustainability has allowed it to stand out among the rest. Silgan Holdings Inc. is actively investing in research and development activities to create an eco-friendly and cost-effective solution to packaging. The company aims to use the growing environmental concerns to shore up demand in the Composite Cans Market industry. Silgan Holdings Inc. is highly committed to enhancing the satisfaction levels of its customers and is capable of responding to the evolving trends of the market.Another key player in the Composite Cans Market is Crown Holdings Inc. The company is a top player in the industry and is well-known for its operations around the world. Crown Holdings Inc. operates advanced and reliable technologies that cater to the needs of customers. The company is committed to innovation and sustainability, which has culminated in Crown Holdings Inc.'s development of unique packaging solutions for the market. Among the company’s secrets has been its impressive capabilities in manufacturing, which has allowed it to remain cost-effective with competitive pricing in the market. Mergers and partnerships have also been a key growth trajectory for the company, which continues to expand its product portfolio. Like Silgan Holdings Inc., Crown Holdings Inc. also focuses on boosting customer satisfaction through the delivery of unique packaging solutions to all customers.

Key Companies in the Composite Cans Market Include

• Ardagh Group S.A.


• Canpack S.A.


• Daito Can Co., Ltd.


• Toyo Seikan Group Holdings, Ltd.


• Xingyu Packaging Group Co., Ltd.


• Rexam PLC


• Xiangtan Packaging Co., Ltd.


• Nampak Ltd.


• Crown Holdings, Inc.


• Silgan Holdings Inc.


• Showa Denko K.K.


• Ball Corporation

Composite Cans Market Industry Developments

The composite cans market is projected to reach a valuation of USD 5.8 billion by 2032, expanding at a CAGR of 4.94% from 2024 to 2032, as per a report published by Market.us. The market growth is attributed to increasing demand for sustainable packaging solutions and growing consumer preference for convenience foods.Key players in the composite cans market include Sonoco Products Company, Can-Pack S.A., Crown Holdings, Inc., and Silgan Holdings Inc. These companies are focusing on expanding their production capacities and investing in research and development to cater to the growing demand for composite cans.Recent developments in the composite cans market include the launch of new products and the adoption of advanced technologies. For instance, in January 2023, Sonoco Products Company introduced a new line of composite cans designed for the food service industry. These cans are lightweight, durable, and offer excellent product protection.In terms of regional markets, Asia-Pacific is expected to hold the largest share of the composite cans market throughout the forecast period. The growth in this region is attributed to the increasing demand for packaged food and beverages, particularly in emerging economies such as China and India.

Composite Cans Market Segmentation Insights 

Composite Cans Market Material Outlook

• Aluminum


• Steel


• Paperboard


• Plastic

Composite Cans Market Closure Type Outlook

• Easy Open Ends


• Peelable Ends


• Screw Caps

Composite Cans Market Capacity Outlook

• Less than 50ml


• 50ml to 150ml


• 150ml to 250ml


• 250ml to 500ml


• 500ml to 1000ml


• Greater than 1000ml

Composite Cans Market End-Use Industry Outlook

• Food and Beverage


• Pharmaceutical


• Personal Care


• Industrial

Composite Cans Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa