Australia Food Cans Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Steel/Tin and Aluminum), By Application (Fish and Seafood, Fruits and Vegetables, Processed Food, Pet Food, and Others), and Australia Food Cans Market Insights, Industry Trend, Forecasts to 2033

Australia Food Cans Market Insights Forecasts to 2033

• The Australia Food Cans Market Size was valued at USD 377.98 Million in 2023.
• The Market is Growing at a CAGR of 3.05% from 2023 to 2033
• The Australia Food Cans Market Size is Expected to Reach USD 510.40 Million by 2033

Australia Food Cans Market is Expected to grow from USD 377.98 Million in 2023 to USD 510.40 Million by 2033, at a CAGR of 3.05% during the forecast period 2023-2033. Growing demand for convenience food, technical developments in can production, and the rising use of sustainable packaging techniques all contribute to the Australia food cans market opportunity for expansion in emerging economies.  

Market Overview

The industry that produces, distributes, and consumes canned food items in Australia is known as the Australia food cans market. It includes a broad variety of foods, such as fruits, vegetables, meat, fish, and prepared meals, that are packaged in metal cans. Consumer demand, food preservation technology, packaging advancements, and the regulatory environment are some of the variables in the industry. The market is driven by important players, including food manufacturers, packaging suppliers, and retailers, as they influence product availability. The industry is expanding as a result of rising food quality concerns and rising demand for sanitary meals. The demand for food cans is rising due to factors including changing eating patterns, rapid urbanization, and a rise in the consumption of ready-to-eat food. The market for Australia food cans is anticipated to continue growing as a result of consumers' growing desire for prepared and convenient foods. Food cans are quite popular with eco-conscious consumers and eliminate the need for additional packaging.       

Report Coverage

This research report categorizes the market for the Australia food cans market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia food cans market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia food cans market.   

Driving Factors

The expanding popularity of e-commerce, the growing need for sustainable packaging options, and the demand for processed and convenience meals are the main factors driving the food cans market. The market for Australia food cans is anticipated to rise as e-commerce gains popularity since canned goods are better suited for online grocery shopping than fresh or frozen products. The market for food cans is anticipated to develop as a result of the growing need for environmentally friendly packaging options. Cans are a more sustainable packaging alternative than glass or plastic containers. The growing demand for convenience meals is one of the primary factors driving the Australia food cans market.  

Restraining Factors

The Australia food cans market is confronted with a number of limitations, including volatile raw material pricing, strict food safety and packaging requirements, competition from alternative packaging forms, and environmental issues related to metal waste. 

Market Segmentation

The Australia food cans market share is classified into material type and application.        

• The aluminum segment accounted for the largest share of the Australia food cans market in 2023 and is anticipated to grow at a significant CAGR during the forecast period     

On the basis of material type, the Australia food cans market is divided into steel/tin and aluminum. Among these, the aluminum segment accounted for the largest share of the Australia food cans market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Aluminum is utilized in food packaging due to its special physical and barrier qualities. Aluminum protects food ingredients from the deteriorating effects of light, air, microbes, moisture, and undesirable odors, even in its lightest forms.  

• The fruits and vegetables segment accounted for the largest share of the Australia food cans market in 2023 and is anticipated to grow at a significant CAGR during the forecast period        

On the basis of application, the Australia food cans market is divided into fish and seafood, fruits and vegetables, processed food, pet food, and others. Among these, the fruits and vegetables segment accounted for the largest share of the Australia food cans market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The fruits and vegetables are always accessible and may be kept for months or even years without refrigeration, making them convenient. Canned fruits are products for stockpiling; like canned vegetables, they have a lengthy shelf life.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia food cans market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.    

List of Key Companies

• Primepac
• Visy Group
• CCL Industries Inc.
• Jamestrong Packaging
• Sonoco Products Company
• Others   

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In January 2024, In the Australian market, veggies are becoming more costly than canned items, according to news reports from ABS Radio Brisbane. The affordability of canned foods continues to be a compelling and appealing alternative for customers as the cost of veggies rises nationwide. The affordability of canned products offers customers a strong incentive in the face of growing vegetable prices, highlighting the tenacity and market growth of the Australian food can market.   

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia food cans market based on the below-mentioned segments:

Australia Food Cans Market, By Material Type

• Steel/Tin
• Aluminum

Australia Food Cans Market, By Application  

• Fish and Seafood
• Fruits and Vegetables
• Processed Food
• Pet Food 
• Others