Production volume mapping and revenue analysis were employed to determine the global market valuation of the aluminum and steel packaging value chain. The methodology comprised the following:
Identification of over 40 main manufacturers in North America, Europe, Asia-Pacific, and Latin America, including standalone can manufacturers, specialty drum manufacturers, and integrated packaging producers
Material mapping for the substrate categories of aluminum (beverage cans, food cans, aerosols) and steel (食品 cans, general line containers, industrial drums, closures)
An analysis of product type segmentation that encompasses two-piece cans, three-piece cans, open-head drums, tight-head drums, and threaded closures
Examination of metal packaging divisions reported annual revenues and estimated capacity utilization rates
Manufacturers that account for 70-75% of the global market share in 2024 are included in the coverage.
Using bottom-up (production volume × average selling price by packaging type and region) and top-down (manufacturer revenue validation and premium coating/lacquer value-add analysis) approaches, extrapolation is employed to derive material-specific and application-specific valuations.
Normalizing regional cost variations by adjusting for metal price volatility using London Metal Exchange (LME) aluminum and steel tinplate pricing benchmarks