Packaging Industry Today

Steel Containers Market Outlook Across APAC, Europe, USA, and Saudi Arabia: Valued at USD 126.1 Billion in 2025, Projected to Reach USD 169.5 Billion by 2035

The global steel containers market is estimated to account for USD 126.1 billion in 2025. It is anticipated to grow at a CAGR of 3.0% during the assessment period and reach a value of USD 169.5 billion by 2035. Cans lead the product type segment with a projected 3% market share in 2025.
Published 12 November 2025

The global steel containers market is set to maintain a steady upward trajectory, growing from USD 126.1 billion in 2025 to USD 169.5 billion by 2035, registering a CAGR of 3% during the forecast period. Following solid performance in 2024, when global sales reached USD 122.4 billion, the market continues to experience consistent demand from key sectors including food and beverage, pharmaceuticals, logistics, and hazardous material storage.

Steel containers, known for their durability, reusability, and recyclability, are emerging as a preferred packaging solution for industries that demand both strength and sustainability. As global packaging standards evolve, manufacturers are pivoting toward steel containers for their long lifecycle, corrosion resistance, and compliance with circular economy principles.

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THIELMANN Sets a New Industry Benchmark

A defining moment in 2024 came from THIELMANN, a global leader in stainless steel container solutions, with the launch of its VERTEX keg — the world’s first duplex stainless steel keg engineered for the beverage industry.

The VERTEX keg is 30% lighter than conventional kegs and enhances both durability and performance, setting a new bar for sustainability and efficiency.

This breakthrough reflects the ongoing industry shift toward lightweight, high-performance, and eco-friendly steel packaging that meets global sustainability goals.

Market Expansion and Key Growth Drivers

By 2035, the market is expected to generate an incremental opportunity worth USD 43.4 billion, fueled by global initiatives to phase out single-use plastics and adopt sustainable material solutions. Investments in coating technologies, corrosion protection, and digital traceability are transforming the market landscape, improving product longevity and operational efficiency.

Key Drivers Include:

  • Sustainability and Recyclability Initiatives: Steel containers can be recycled indefinitely without quality loss, aligning perfectly with global sustainability agendas.
  • Industrialization and Urbanization: Rapid growth in industrial logistics, construction, and manufacturing in emerging markets is boosting demand for durable storage and shipping containers.
  • Technological Advancements: Innovations in steel alloys, protective linings, and stackable container designs have reduced weight, improved corrosion resistance, and optimized transport efficiency.

Cans to Dominate the Product Landscape

Steel cans are forecasted to hold a 35.3% market share in 2025, cementing their position as the leading product type within the steel containers market. Their versatility across food, beverage, paint, chemical, and aerosol applications drives their adoption.

Steel cans offer high-speed filling compatibility, excellent sealing, and complete resistance to pressure, light, and oxygen — essential traits for FMCG and industrial packaging. Modern steel cans also feature easy-open lids, corrosion-resistant coatings, and protective lacquers, extending product shelf life while supporting full recyclability.

Their structural integrity and environmental appeal make steel cans indispensable for brands seeking both cost efficiency and sustainability.

Food & Beverage Sector Leads in End Use

The food and beverage industry is expected to dominate with a 46% market share in 2025, driven by strict hygiene, safety, and preservation standards. Steel containers are widely used for canned foods, dairy, ready-to-drink beverages, and nutritional liquids due to their impermeability and ability to prevent contamination.

Their heat tolerance, tamper resistance, and flavor retention properties make them essential for sterilized and pasteurized products. As global demand for packaged and processed foods continues to grow, especially in urban centers and export markets, the steel container industry stands as a backbone for product safety and longevity.

Regional Insights

  • United States: Expected to capture 19.8% market share in 2025, with consumers and industries prioritizing high-quality, corrosion-resistant steel containers. Leading companies like ArcelorMittal, Tata Steel, and Nippon Steel continue to invest in advanced alloys and sustainable production.
  • United Kingdom: Demand is rising for eco-friendly and durable packaging, especially across food and industrial applications.
  • Germany: Projected to grow at a 6.3% CAGR, supported by stringent safety regulations and increasing preference for premium-grade containers.
  • China & Japan: Strong emphasis on functional, easy-to-handle steel containers for food, chemicals, and pharmaceutical industries is driving rapid market adoption.

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Emerging Players and Innovation

New entrants like SteelPack Solutions and EcoSteel Containers are reshaping market dynamics through innovation and sustainability. SteelPack focuses on customized food and beverage solutions with advanced lifecycle design, while EcoSteel aims to provide eco-efficient packaging for pharmaceuticals and chemicals. Both startups emphasize cost-effectiveness, durability, and circular economy alignment.

Recent Developments

  • November 2024: THIELMANN launches the VERTEX keg, revolutionizing beverage packaging with duplex stainless steel technology.
  • May 2024: Müller GmbH acquires Yew Tree Dairy to expand export and supply chain capabilities in Europe.

Leading Companies

  • THIELMANN – The Container Company
  • Müller GmbH
  • Supermonte Group Italy, Inc.
  • SCHÄFER Container Systems
  • Unique Steel
  • Eagle Stainless
  • Ability Fabricators Inc.
  • La Nuova Sansone S.r.l.
  • WADA Stainless Industry Co., Ltd.
  • Eco Imprints, Inc.

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Have a Look at Related Research Reports on the Packaging Domain:

Heat-Sensitive Cups Market https://www.futuremarketinsights.com/reports/heat-sensitive-cups-market

Gift Boxes Market https://www.futuremarketinsights.com/reports/gift-boxes-market

Mastic Tapes Market https://www.futuremarketinsights.com/reports/mastic-tapes-market

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