North America Canned Food Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Canned Food Packaging Industry Overview

The North American Canned Food Packaging Market is moderately competitive. The major players with a significant market share are expanding their customer base across various regions. In addition, many companies are forming strategic and collaborative initiatives with multiple companies to increase their market share and profitability. Some of the recent developments in the market are:

• February 2022 - Trivium Packaging invested USD 40 million in facilities in the United States and Brazil to expand the production of aluminum aerosol cans and beverage bottles. New lines will be installed in the Youngstown, Ohio, and Itupeva, Brazil facilities, adding new capabilities and increasing capacity in 2023. The initiative is a direct result of long-term commitments from standing customers in the aerosol and beverage markets.
• May 2021 - Can-Pack S.A., United States, announced it would build its second U.S.-based, state-of-the-art aluminum beverage can body manufacturing plant in Muncie, Indiana, United States creating high-paying local jobs over time by 2023. The proposed project represents a USD 380 million investment in Delaware County and the State of Indiana with the potential to expand to 425 jobs and USD 490 million by 2025.