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Steel Containers Market

ID: MRFR/Equip/10874-HCR
128 Pages
Snehal Singh
October 2025

Steel Containers Market Research Report Information By Capacity Type (Less than 2 liter, 2-10 liter, 10-20 liter, 20-50 liter, 50-100 liter and More than 100 liter), By Product Type (Jars, Cans, Canister, Bottles, Drums, Kegs and IBC's), By End User (Food (Dairy products, Honey, Grains, Sugar, Others), Beverage (Alcoholic Beverages (Beers, Spirits), Non-Alcoholic Beverages (Tea & Coffee), Household, Chemicals and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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Steel Containers Market Summary

As per MRFR analysis, the Steel Containers Market Size was estimated at 127.29 USD Billion in 2024. The Steel Containers industry is projected to grow from 131.75 USD Billion in 2025 to 185.88 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.5 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Steel Containers Market is poised for growth driven by sustainability and technological advancements.

  • The North American region remains the largest market for steel containers, reflecting a robust demand for durable packaging solutions.
  • Asia-Pacific is emerging as the fastest-growing region, propelled by increasing industrialization and urbanization.
  • The 20-50 liter segment dominates the market, while the 10-20 liter segment is witnessing rapid growth due to rising consumer preferences.
  • Key market drivers include the rising demand for durable packaging solutions and regulatory support for sustainable practices.

Market Size & Forecast

2024 Market Size 127.29 (USD Billion)
2035 Market Size 185.88 (USD Billion)
CAGR (2025 - 2035) 3.5%

Major Players

Snyder Industries (US), Greif, Inc. (US), Mauser Packaging Solutions (US), Schutz Container Systems (DE), BWAY Corporation (US), Crown Holdings, Inc. (US), Berg Container Corporation (US), KHS GmbH (DE)

Steel Containers Market Trends

The Steel Containers Market is currently experiencing a dynamic evolution, driven by various factors that influence demand and supply. The increasing emphasis on sustainability and environmental responsibility is prompting industries to seek eco-friendly packaging solutions. Steel containers, known for their durability and recyclability, are becoming a preferred choice for manufacturers aiming to reduce their carbon footprint. Additionally, the rise in global trade and logistics activities is further propelling the need for robust and secure packaging options, which steel containers provide effectively. As industries adapt to changing consumer preferences, the Steel Containers Market is likely to witness innovations in design and functionality, catering to diverse applications across sectors such as food and beverage, chemicals, and pharmaceuticals. Moreover, the competitive landscape of the Steel Containers Market is marked by a growing number of players striving to enhance their product offerings. Companies are increasingly investing in research and development to create advanced steel container solutions that meet stringent safety and quality standards. This trend indicates a shift towards more specialized products that can cater to specific industry requirements. Furthermore, the integration of technology in manufacturing processes is expected to streamline production and improve efficiency, thereby influencing market dynamics. Overall, the Steel Containers Market appears poised for growth, with opportunities arising from evolving consumer demands and technological advancements.

Sustainability Focus

The Steel Containers Market is witnessing a pronounced shift towards sustainable practices. As environmental concerns gain prominence, industries are increasingly opting for steel containers due to their recyclability and lower environmental impact compared to alternative materials. This trend reflects a broader commitment to reducing waste and promoting eco-friendly solutions.

Technological Advancements

Innovations in manufacturing processes are reshaping the Steel Containers Market. Companies are adopting advanced technologies to enhance production efficiency and product quality. This trend not only improves operational capabilities but also enables the development of specialized containers tailored to meet specific industry needs.

Global Trade Expansion

The ongoing expansion of The Steel Containers Market. As international logistics and supply chains become more complex, the demand for durable and secure packaging solutions is rising. Steel containers are increasingly favored for their strength and reliability, making them essential in various sectors.

Steel Containers Market Drivers

Growth in E-commerce and Online Retail

The Steel Containers Market is witnessing growth driven by the expansion of e-commerce and online retail. As more consumers turn to online shopping, the demand for secure and reliable packaging solutions increases. Steel containers are favored for their strength and ability to protect products during shipping, which is essential for maintaining customer satisfaction. In 2025, the e-commerce sector is expected to account for a significant portion of retail sales, further propelling the need for effective packaging solutions. This trend suggests that manufacturers of steel containers may experience heightened demand, potentially leading to a market growth rate of 6% annually.

Regulatory Support for Sustainable Practices

The Steel Containers Market benefits from increasing regulatory support aimed at promoting sustainable practices. Governments worldwide are implementing stringent regulations to reduce plastic waste and encourage the use of recyclable materials. Steel containers, being recyclable and reusable, align well with these regulations, making them a preferred choice for manufacturers. As a result, companies are likely to invest more in steel container production, anticipating a shift in consumer preferences towards environmentally friendly packaging. This regulatory environment is expected to bolster the market, with projections indicating a potential increase in market share for steel containers by 15% over the next five years.

Rising Demand for Durable Packaging Solutions

The Steel Containers Market experiences a notable increase in demand for durable packaging solutions across various sectors. Industries such as food and beverage, chemicals, and pharmaceuticals are increasingly opting for steel containers due to their robustness and ability to preserve product integrity. The durability of steel containers ensures that products remain safe during transportation and storage, which is crucial for maintaining quality. In 2025, the market for steel containers is projected to reach approximately 10 billion USD, reflecting a compound annual growth rate of around 5%. This growth is driven by the need for reliable packaging that can withstand harsh conditions, thereby enhancing the overall efficiency of supply chains.

Increasing Investment in Infrastructure Development

The Steel Containers Market is positively influenced by rising investments in infrastructure development across various regions. As countries focus on enhancing their infrastructure, the demand for steel containers in construction and logistics is likely to surge. Steel containers are utilized for storage and transportation of construction materials, making them integral to infrastructure projects. The projected increase in infrastructure spending, estimated to reach over 4 trillion USD by 2026, indicates a robust market opportunity for steel container manufacturers. This investment trend suggests a sustained demand for steel containers, potentially leading to a market expansion of 7% over the next few years.

Technological Innovations in Manufacturing Processes

Technological advancements play a pivotal role in shaping the Steel Containers Market. Innovations in manufacturing processes, such as automation and advanced welding techniques, enhance production efficiency and reduce costs. These improvements not only streamline operations but also allow for the customization of steel containers to meet specific client needs. As manufacturers adopt these technologies, they can produce higher-quality products at a faster rate, thereby increasing competitiveness in the market. The integration of smart technologies, such as IoT, into steel container production is also emerging, potentially revolutionizing inventory management and tracking, which could lead to a more efficient supply chain.

Market Segment Insights

Steel Containers Market Capacity Type Insights

The Steel Containers Market segmentation, based on capacity type includes Less than 2 liter, 2-10 liter, 10-20 liter, 20-50 liter, 50-100 liter and More than 100 liter. The 20-50 liter segment dominated the market. Mid-sized steel containers are those with a capacity of 20 to 50 liters. They are useful for many different things because they find a balance between portability and capacity. Liquids, chemicals, lubricants, and tiny amounts of bulk materials are frequently stored and transported in these containers in industrial and commercial contexts.

Steel Containers Market Product Type Insights

The Steel Storage Containers Market segmentation, based on product type, includes Jars, Cans, Canister, Bottles, Drums, Kegs and IBC's. The drums category generated the most income. For industrial packaging, steel drums are frequently used, particularly for chemicals, lubricants, solvents, and hazardous goods. Their durability and capacity to carry and keep a variety of substances securely are factors in their selection. Steel drums are offered in a variety of dimensions and liquid volume capacities, commonly ranging from 55 gallons (208 liters) to smaller dimensions like 20, 30, or 55 liters.

Figure 1: Steel Containers Market by Product Type, 2022 & 2032 (USD Billion)

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

Steel Containers Market End User Insights

The Stainless Steel Food Containers Market segmentation, based on end user, includes Food (Dairy products, Honey, Grains, Sugar, Others), Beverage (Alcoholic Beverages (Beers, Spirits), Non-Alcoholic Beverages (Tea & Coffee), Household, Chemicals and Others. The beverage category generated the most income. In the market for steel containers, the beverages sector includes the use of steel containers for the packing, storage, and transportation of a variety of liquid beverages. Both alcoholic and non-alcoholic beverages are packaged in steel containers. They are frequently used for goods including beer, wine, spirits, fruit juices, soft drinks, and energy drinks.

Get more detailed insights about Steel Containers Market

Regional Insights

North America : Market Leader in Steel Containers Market

North America is the largest market for steel containers, holding approximately 40% of the global market share. The region's growth is driven by the increasing demand for sustainable packaging solutions and stringent regulations promoting recycling. The U.S. leads this market, supported by a robust manufacturing sector and a growing focus on environmental sustainability. Canada follows as the second-largest market, contributing around 15% to the overall share. The competitive landscape in North America is characterized by the presence of major players such as Snyder Industries, Greif, and Crown Holdings. These companies are investing in innovative technologies to enhance product offerings and meet the evolving needs of various industries, including food and beverage, chemicals, and pharmaceuticals. The region's regulatory framework further supports market growth by encouraging the use of eco-friendly materials and practices.

Europe : Emerging Market with Regulations

Europe is witnessing significant growth in the steel containers market, accounting for approximately 30% of the global share. The region's demand is fueled by increasing environmental regulations and a shift towards sustainable packaging solutions. Germany and the UK are the largest markets, with Germany holding about 12% of the market share, driven by its strong industrial base and commitment to sustainability. The UK follows closely, contributing around 8% to the market. Leading countries in Europe are focusing on innovation and sustainability, with key players like Schutz Container Systems and KHS GmbH leading the charge. The competitive landscape is marked by collaborations and partnerships aimed at enhancing product offerings. Regulatory bodies are actively promoting recycling and the use of eco-friendly materials, which is expected to further drive market growth in the coming years.

Asia-Pacific : Rapid Growth in Emerging Markets

Asia-Pacific is rapidly emerging as a significant player in the steel containers market, holding around 25% of the global market share. The region's growth is driven by increasing industrialization, urbanization, and a rising demand for packaged goods. China is the largest market, accounting for approximately 15% of the global share, followed by India, which is experiencing rapid growth due to its expanding manufacturing sector and increasing consumer demand. The competitive landscape in Asia-Pacific is characterized by a mix of local and international players. Companies are focusing on expanding their production capacities and enhancing product quality to meet the growing demand. Key players in the region include Mauser Packaging Solutions and BWAY Corporation, which are investing in innovative technologies to cater to diverse industries, including food and beverage and chemicals. The region's regulatory environment is also evolving to support sustainable practices, further boosting market growth.

Middle East and Africa : Emerging Opportunities in Steel Containers Market

The Middle East and Africa (MEA) region is gradually emerging in the steel containers market, holding approximately 5% of the global share. The growth is driven by increasing industrial activities and a rising demand for durable packaging solutions. Countries like South Africa and the UAE are leading the market, with South Africa contributing around 3% to the overall share, supported by its growing manufacturing sector and infrastructure development. The competitive landscape in the MEA region is still developing, with several local players entering the market. Companies are focusing on enhancing their product offerings to cater to various industries, including oil and gas, chemicals, and food and beverage. The region's potential for growth is significant, driven by ongoing investments in infrastructure and industrialization, which are expected to boost demand for steel containers in the coming years.

Steel Containers Market Regional Image

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Stainless Steel Containers Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, steel containers industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global steel containers industry to benefit clients and increase the market sector. In recent years, the steel containers industry has offered some of the most significant advantages to medicine.

Major players in the Steel Storage Containers market are attempting to increase market demand by investing in research and development operations includes Supermonte Group Italy, Inc., Unique Steel, Eagle Stainless, Ability Fabricators Inc., SCHÄFER Container Systems, Eco Imprints, Inc., Müller GmbH, Thielmann - The Container Company, La Nuova Sansone S.r.l. and WADA STAINLESS INDUSTRY CO., LTD.

Nearly every global pharmaceutical and biotechnology firm has a long-standing association with Eagle Stainless dating back to 1990. It produces cutting-edge stainless steel bottles, process and pressure vessels, as well as bottles for stability testing. The company's product portfolio consists of stainless steel tanks, stainless steel drums, and tanks, as well as ASME pressure vessels, biological testing bottles, stainless steel containers, and stainless steel containers.   According to the needs of the client, Eagle Stainless can engineer customized modifications to the existing items or an entirely new product.

As a full-service supplier, SCHFER Container Systems has the correct reusable KEG for any beverage, whether it is beer, wine, soft drinks, coffee, or water. SCHFER KEGs are employed by both internationally recognized beverage makers and small regional firms all over the world. It makes only reusable goods out of high-quality stainless steel. Take advantage of the complete services encompassing KEG branding, volume reduction, KEG configuration through App, and much more.

Key Companies in the Steel Containers Market market include

Industry Developments

July 2020: The New York-based company CAN-Pack SA stated in July 2020 that the relationship with Poland-based Special would be extended in order to develop new designs for the brand that are motivated by the logos of neighborhood malt houses, printing houses, brewers, and barleys.

Future Outlook

Steel Containers Market Future Outlook

The Steel Containers Market is projected to grow at a 3.5% CAGR from 2024 to 2035, driven by increasing demand for sustainable packaging and industrial applications.

New opportunities lie in:

  • Expansion into emerging markets with tailored container solutions.
  • Development of smart containers with IoT integration for inventory management.
  • Investment in eco-friendly steel production methods to attract sustainability-focused clients.

By 2035, the Steel Containers Market is expected to achieve robust growth, driven by innovation and strategic market positioning.

Market Segmentation

Steel Containers Market End User Outlook

  • Food
  • Beverage
  • Household
  • Chemicals
  • Others

Steel Containers Market Product Type Outlook

  • Jars
  • Cans
  • Canister
  • Bottles
  • Drums
  • Kegs
  • IBC's

Steel Containers Market Capacity Type Outlook

  • Less than 2 liter
  • 2-10 liter
  • 10-20 liter
  • 20-50 liter
  • 50-100 liter
  • More than 100 liter

Report Scope

MARKET SIZE 2024127.29(USD Billion)
MARKET SIZE 2025131.75(USD Billion)
MARKET SIZE 2035185.88(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.5% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing demand for sustainable packaging solutions drives innovation in the Steel Containers Market.
Key Market DynamicsRising demand for sustainable packaging solutions drives innovation and competition in the steel containers market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the projected market valuation of the Steel Containers Market by 2035?

The Steel Containers Market is projected to reach a valuation of 185.88 USD Billion by 2035.

What was the market valuation of the Steel Containers Market in 2024?

In 2024, the Steel Containers Market was valued at 127.29 USD Billion.

What is the expected CAGR for the Steel Containers Market during the forecast period 2025 - 2035?

The expected CAGR for the Steel Containers Market during the forecast period 2025 - 2035 is 3.5%.

Which companies are considered key players in the Steel Containers Market?

Key players in the Steel Containers Market include Snyder Industries, Greif, Inc., Mauser Packaging Solutions, and Crown Holdings, Inc.

What are the main product types in the Steel Containers Market?

Main product types in the Steel Containers Market include cans, drums, bottles, and IBCs.

How did the capacity segment of the Steel Containers Market perform in 2024?

In 2024, the capacity segment of the Steel Containers Market showed valuations such as 35.0 USD Billion for 20-50 liter containers.

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