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Report Overview

The Vietnam metal can packaging market reached approximately USD 398.40 Million in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034, reaching a value of around USD 567.44 Million by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • Beer metal cans are in high demand as beer is highly consumed by Vietnamese people, with an annual per capita consumption of over 30 litres.

  • Vietnam's packaging sector is one of the sectors with the fastest growth rates, with an anticipated 15-20% increase in the upcoming years.

  • Approximately 33% of packaging manufacturers in Vietnam are planning or partially implementing ESG commitments. As metal cans are typically made up of steel and aluminium, they can be infinitely recycled without loss of quality.

Compound Annual Growth Rate

3.6%

Value in USD Million

2025-2034


Vietnam Metal Can Packaging Market Outlook

*this image is indicative*

Vietnam Metal Can Packaging Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 398.40
Market Size 2034 USD Million 567.44
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 3.60%
CAGR 2025-2034 - Market by Region Southeast 3.9%
CAGR 2025-2034 - Market by Region Mekong River Delta 3.7%
CAGR 2025-2034 - Market by Material Aluminium 4.1%
CAGR 2025-2034 - Market by End Use Food and Beverage 3.8%
Market Share by Region Southeast 27.6%

Vietnam Metal Can Packaging Market Growth

Reportedly, Vietnam's food and beverage (F&B) sector is expected to be valued at over US$27.3 billion in 2024, up 10.9 per cent from 2023, consequently leading to the market expansion. In the beverage sector, metal cans are widely used to pack a wide range of beverages, such as fruit juices, beer, energy drinks, carbonated soft drinks, and more. Metal cans are durable, recyclable, and capable of retaining the flavour and quality of the contents.

By 2025, Vietnam aims to reduce 50% of plastic waste in seas and oceans, reuse, recycle, and treat 85% of generated plastic waste, and gradually decrease the production and use of disposable plastic products and non-biodegradable plastic bags in daily life. Metal cans are an extremely sustainable packaging alternative to plastic as they can be fully recycled without losing quality.

In the pharmaceutical sector, metal cans are frequently used to pack a wide range of goods, such as prescription drugs, dietary supplements, and medical equipment. The pharmaceutical sector uses metal cans due to their protection capabilities, durability, and adherence to safety standards. With roughly 250 manufacturing plants, 4,3000 wholesale agents, 200 import-export facilities, and more than 62,000 retail agents, the pharmaceutical production and business system in Vietnam is flourishing, leading to the expansion of the metal can packaging market in Vietnam.

Vietnam Metal Packaging Industry Segmentation

“Vietnam Metal Can Packaging Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Material

  • Aluminium
  • Steel
  • Tin

Market Breakup by Product Type

  • 2-Piece Cans
  • 3-Piece Cans

Market Breakup End Use

  • Food and Beverage
  • Cosmetics and Personal Care
  • Paint
  • Healthcare and Pharmaceuticals
  • Others

Market Breakup by Region

  • Southeast
  • Red River Delta
  • Mekong River Delta
  • South Central Coast
  • Others

CAGR 2025-2034 - Market by Material
Aluminium 4.1%
Tin 3.8%
Steel XX%
CAGR 2025-2034 - Market by End Use
Food and Beverage 3.8%
Paint 3.4%
Cosmetics and Personal Care XX%
Healthcare and Pharmaceuticals XX%
Others XX%
CAGR 2025-2034 - Market by Region
Southeast 3.9%
Mekong River Delta 3.7%
Red River Delta XX%
South Central Coast XX%
Others XX%

Vietnam Metal Can Packaging Market Share

Based on material, the market is segmented into aluminium, tin, and steel. Aluminium is projected to grow at a CAGR of 4.4% between 2025 and 2034. Cans made of aluminium are highly useful in a variety of sectors, such as food, beverages, medicine, and personal hygiene, due to their superior barrier qualities, durability, and ease of recycling. As aluminium cans can be recycled indefinitely without losing quality, they have a major positive environmental impact.

Market Share by Region
Southeast 27.6%
Red River Delta XX%
Mekong River Delta XX%
South Central Coast XX%
Others XX%

Leading Companies in the Vietnam Metal Can Packaging Market

Major players are focusing on sustainable manufacturing practices to gain a competitive edge in the market.

  • Canpac Sdn Bhd
  • Kian Joo Group
  • Dongwon Group
  • Crown Holdings, Inc.
  • Royal Can Industries Company
  • Others

Vietnam Metal Can Packaging Market Report Snapshots

Vietnam Metal Can Packaging Market Size

Vietnam Metal Can Packaging Market Growth

Vietnam Metal Can Packaging Market Share

Vietnam Metal Can Packaging Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 398.40 Million.

The market is estimated to grow at a CAGR of 3.60% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 567.44 Million by 2034.

The market is being driven by the growth of the beverage sector and the shift towards convenient packaging.

The key trends aiding the metal can packaging market in Vietnam include the rising consumption of beer and the growing adoption of sustainable packaging methods.

Regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.

The different materials used in metal can packaging include aluminium, steel, and tin.

The major players in the market are Canpac Sdn Bhd, Kian Joo Group, Dongwon Group, Crown Holdings, Inc., and Royal Can Industries Company, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Product Type
  • End Use
  • Region
Breakup by Material
  • Aluminium
  • Steel
  • Tin
Breakup by Product Type
  • 2-Piece Cans
  • 3-Piece Cans
Breakup by End Use
  • Food and Beverage
  • Cosmetics and Personal Care
  • Paint
  • Healthcare and Pharmaceuticals
  • Others
Breakup by Region
  • Southeast
  • Red River Delta
  • Mekong River Delta
  • South Central Coast
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Canpac Sdn Bhd
  • Kian Joo Group
  • Dongwon Group
  • Crown Holdings, Inc.
  • Royal Can Industries Company Limited
  • Others

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