United Kingdom Metal Packaging Market Size (2024 - 2029)

UK Metal Packaging Market Analysis

The UK metal packaging market is expected to grow at a CAGR of 3.4% over the forecast period. A growing proportion of new beverages in the UK is being introduced in cans, fueling demand for metal packaging in the beverage industry of the country.

• Growing demand for packaged food due to rising income, ease and convenience, and consumer trends, such as a preference for small-size and multi-pack packaging formats, are supporting the volume growth of the metal packaging products like cans and containers in the food sector of the United Kingdom.
• Moreover, recycling and sustainability concerns are also driving the growth of the metal cans market. Metal sustainability is primarily driven by recycling, saving up to 95% of the raw material and energy needed to make raw materials. According to The Canmaker, 75% of all aluminum produced worldwide is still in use today, and most of all, aluminum cans are recycled in the United Kingdom.
• The growing use of alternative packaging solutions such as plastic, paper, and glass products for the packaging of various products by multiple end-user industries, including food, beverage, and others, has negatively hampered the demand for metal packaging products in the market, which is restraining the metal packaging growth.
• The outbreak of COVID-19 has created large-scale supply chain disruptions in terms of the availability of raw materials and dependence on import-export dynamics. Further, nationwide lockdowns and the fear of contracting the virus have had ripple effects on the metal packaging industry worldwide, in alignment with the hit taken by the end-user industries that use metal packaging. Due to short supply and restrictions on imports and exports, a rise in the metal price is pushing up the cost of metal packaging, raising concerns among manufacturers. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.

UK Metal Packaging Industry Segmentation

As a permanent material, metal retains its properties even after infinite recycling, reducing resource wastage significantly. Metals like aluminum are very easy to sterilize for packaging purposes. The durability and high barrier protection make it an excellent choice for packaging materials.

The UK Metal Packaging Market report tracks the revenue accrued from the sales of metal products offered by various vendors in the market. The study assesses the key market parameters, underlying growth influencers, the impact of COVID-19, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The tinplate and tin are considered under the steel can type.

The UK metal packaging market is segmented by material (aluminum and steel), by product type (cans, bulk containers, shipping barrels and drums, caps and closures, and other product types), and by end-user vertical (beverage, food, paints and chemical, industrial, and other end-user verticals). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.