Get the latest insights on price movement and trend analysis of Tin Plate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Tin rose to 33,559 USD/T on July 10, 2025, up 0.83% from the previous day. Over the past month, Tin's price has risen 2.78%, but it is still 3.19% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Tin - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Producer Price Index by Industry: Metal Can Manufacturing: Steel Cans and Tinware Products (PCU3324313324311) from Jun 1981 to May 2025 about tin, steel, metals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

This statistic depicts the average annual prices for tin from 2014 through 2026*. In 2023, the average price for tin stood at 25,938 nominal U.S. dollars per metric ton.

Get the latest insights on price movement and trend analysis of Tin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore the factors influencing tinplate prices, including raw material costs, supply chain dynamics, and economic trends, impacting the packaging industry and broader economic conditions.

According to Cognitive Market Research, the global Tinplate Packaging Marketsize will be USD 761.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market, accounting for more than 40% of global revenue. With a market size of USD 304.48 million in 2024, it will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 228.36 million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD 175.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 38.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa are the major markets with around 2% of the global revenue with a market size of USD 15.22 million in 2024. They will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Containers held the highest Tinplate Packaging Market revenue share in 2024.

Market Dynamics of Tinplate Packaging Market

Key Drivers of Tinplate Packaging Market

Rising Demand for Tinplate Packaging in the Food & Beverage Industry to Propel the Market Growth

Tinplate packaging is becoming increasingly popular in the food and beverage end-user industry due to its numerous benefits and advantages. Tinplate, a thin tin-coated steel sheet, is versatile, durable, and cost-effective for various applications such as cans, boxes, drums, and containers. Tinplate is considered an excellent packaging material for food and beverage products since it is corrosion-resistant, non-reactive with food, and quickly made and formed. The lightweight and low-cost attributes of the tinplate make the packaging type an appealing option for industries seeking economical and efficient packaging solutions. Tinplate packaging is also considered to be versatile. Tinplate packaging can be printed, embossed, or lithographed in various colors and designs.

Increasing Packaged or Tinned Foods to Drive Market Growth

The demand for tinplate packaging is increasing as the demand for packaged or tinned foods and beverages rises. The need for tinplate packaging solutions is growing in tandem with the demand for aerosol packaging. The tinplate packaging market will see even more profitable growth prospects as the demand for metal packaging in the alcoholic beverage industry grows. Tinplate's appealing attributes and characteristics, such as eco-friendliness and recyclability, will boost demand for tinplate packaging even more.

Restraint Factors Of Tinplate Packaging Market

Rise in Raw Material Costs Restricts the Market Growth

The rise in raw material costs is the primary factor severely hampering the global tinplate packaging market growth and development. Tinplate comprises sheet steel coated with a thin layer of tin and is mainly used for food * beverage, healthcare, and other industry verticals. The escalating raw material prices, such as steel, are a significant impediment to the expansion of the tinplate packaging industry. Steel is a primary raw material used in tinplate packaging and one of the most expensive components. Furthermore, the cost of tinplate is rising due to rising aluminum and zinc raw material costs. The increased demand for tinplate packaging is another important element contributing to rising raw material costs.

Impact of COVID-19 on the Tinplate Packaging Market

The demand for tinplate packaging is expected to decrease in 2020 due to low demand from different industries, such as manufacturing and food industry, due to the lockdown imposed by the governments of many countries.COVID-19 crisis is likely to affect the tinplate packaging industry negatively, as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.The COVID-19 crisis had a mixed impact on the packaging industry, mainly due to the closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown. The requirement of eCommerce-specific packaging is likely to remain strong, although ecommerce companies would have to focus on the protection of goods and sanit...

Explore the dynamic factors influencing the volatility in tinplate sheet prices, including demand from the packaging industry, raw material costs, production technology, and geopolitical influences, and learn how stakeholders can anticipate trends by staying informed about market changes.

49 Global export shipment records of Tinplate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

684012 Global exporters importers export import shipment records of Tin plate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global tin market, valued at $7,097.8 million in 2025, is projected to experience a steady growth trajectory, driven by increasing demand from diverse sectors. The compound annual growth rate (CAGR) of 3% from 2025 to 2033 reflects a consistent, albeit moderate, expansion. Key drivers include the rising utilization of tin in electronics, particularly in solder for printed circuit boards, where miniaturization and increased functionality necessitate high-quality, reliable soldering materials. Growth is also fueled by the tinplate industry, crucial for food and beverage packaging, and the ongoing demand for tin in chemicals, brass and bronze alloys, and float glass manufacturing. While challenges like fluctuating tin prices and potential supply chain disruptions exist, these are likely to be offset by technological advancements improving tin extraction and refining processes, leading to enhanced efficiency and reduced costs. The market segmentation, categorized by application (solder, tinplate, chemicals, etc.) and production type (pyrogenic, electrolytic), provides valuable insights into specific growth pockets. Within the regional landscape, Asia Pacific, particularly China, is expected to remain a dominant force due to its significant manufacturing base and substantial tin production capacity. However, North America and Europe will also contribute notably, driven by robust electronics and automotive industries. The projected growth of the tin market hinges on several factors. Continued technological advancements in electronics, demanding higher quality and miniaturized components, will propel demand for tin-based solders. Similarly, the packaging industry's reliance on tinplate will maintain a substantial demand for this vital material. The diversification of tin applications into niche areas like specialty chemicals and advanced materials contributes to sustained market growth. However, environmental concerns regarding tin mining and processing need to be addressed for sustainable long-term expansion. This includes environmentally friendly mining practices and the development of more sustainable recycling solutions to minimize the environmental footprint of the industry. Competitive dynamics amongst major players like Yunnan Tin, MSC, and PT Timah will also shape market dynamics over the forecast period.

This statistic depicts the average monthly prices for tin worldwide from January 2014 through January 2025. In January 2025, the average monthly price for tin worldwide stood at 29,612.36 nominal U.S. dollars per troy ounce.

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Tin Market Size 2025-2029

The tin market size is forecast to increase by USD 876.6 million at a CAGR of 2.1% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing demand for canned foods and beverages. This trend is particularly prominent in developing economies where the consumption of canned goods is on the rise due to their convenience, longer shelf life, and affordability. Another key driver is the shifting focus toward recycling of tin, which not only reduces environmental impact but also provides a sustainable source of raw materials for the industry. However, the market faces challenges as well. The increasing use of tin-free steel in the packaging industry poses a threat to tin's market share, as this alternative material offers similar benefits at a lower cost.
Companies in the market must navigate this competition and find ways to differentiate themselves through innovation, sustainability, or cost competitiveness to maintain their market position. Additionally, there is a growing focus on recycling tin, making it an environmentally friendly option for packaging. Overall, the market's dynamics present both opportunities and challenges for players, requiring strategic planning and agility to capitalize on emerging trends and mitigate potential threats.

What will be the Size of the Tin Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic market, various sectors demonstrate significant activity and trends. Tinplate recycling plays a crucial role in sustainability, with tinplate alloys being a key component in solder joint strength. Solder flux, an essential element in soldering processes, utilizes tin chloride applications. Tin refining processes continue to evolve, influencing tinplate production and tin industry investments. Tinplate applications extend beyond food packaging to include tin sulfide applications in various industries. Tinplate standards and solder specifications ensure consistency and reliability in manufacturing processes. Tin industry consolidation and acquisitions shape the competitive landscape, while mergers foster innovation in tinplate manufacturing and solder manufacturing.
Tin oxide applications in electronics and coatings add to the versatility of tinplate properties. Solder alloys and tinplate coatings enhance product performance and durability. Mining techniques for tin continue to evolve, impacting tin industry competition and the overall market dynamics. The tin industry remains a significant player in manufacturing, with investments in tin recycling technologies driving growth and innovation. Understanding the properties and applications of tinplate and solder alloys is essential for businesses seeking to optimize their production processes and stay competitive.

How is this Tin Industry segmented?

The tin industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Soldering
  Tin chemical
  Tinplate
  Lead acid battery
  Others


End-user

  Electronics
  Automotive
  Packaging
  Glass
  Others


Product Type

  Metal
  Alloy
  Compounds


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The soldering segment is estimated to witness significant growth during the forecast period. The market encompasses various applications, with soldering holding the largest volume share. Tin is utilized in soldering paste for bonding electronic components onto printed circuit boards (PCBs), enabling electrical connections. Commonly used alloys include tin-lead, tin-antimony, and tin-silver-copper. These pastes are essential for semiconductors and PCBs in consumer electronics, marine, automotive, and aerospace components. PCBs are integral to numerous electronic devices such as smartphones, computers, tablets, laptops, medical equipment, nuclear detection systems, and weather analysis equipment. Tin mining, refining, and recycling contribute to the market's supply chain. Mining regulations aim to ensure sustainable practices. Tin's corrosion resistance makes it suitable for various industries, including food and beverage packaging, aerosol cans, and automotive components.

Tin derivatives, such as tin oxide and tin chloride, are used in coatings, pigments, and catalysts. Hot-dip tin plating offers excellent adhesion and uniformity, making it a popular choice for various industries. Tin alloys, including tin-coated copper, are used in various applications d

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Steel Plate (WPU10760102) from Dec 2001 to May 2025 about fabrication, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The market for tinplate packaging is expected to increase at a rapid pace over the next ten years. The global market for tinplate packaging is projected to be worth around US$ 743.1 million in 2024. The market is anticipated to expand at a 4.40% CAGR between 2024 and 2034, reaching a projected value of US$ 1,143.2 million by that year.

Attributes	Key Statistics
Expected Base Year Value (2024)	US$ 743.1 million
Anticipated Forecast Value (2034)	US$ 1,143.2 million
Estimated Growth (2024 to 2034)	4.40% CAGR

Historical Analysis of the Tinplate Packaging Market

Attributes	Key Statistics
Market Share (2023)	US$ 713.8 million
Market Value (2024)	US$ 743.1 million
Estimated Growth (2019 to 2023)	2.20% CAGR

Top Packaging Insights

Top Packaging Format	Cans
Market share	31.10%

Top End-use Insights

Top End Use	Beverage
Market share	42.30%

Country-wise Insights

Country	United Kingdom
CAGR (2024 to 2034)	4.5%

Country	China
CAGR (2024 to 2034)	6.8%

Country	India
CAGR (2024 to 2034)	7.7%

Country	South Korea
CAGR (2024 to 2034)	5.9%

Country	Thailand
CAGR (2024 to 2034)	6.6%

The global tinplate for metal containers market is experiencing robust growth, driven by the increasing demand for packaged food and beverages, as well as the expanding industrial applications of metal containers. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the rising global population and changing consumer preferences towards convenient and ready-to-eat food products are boosting demand for metal containers. Secondly, the superior barrier properties and recyclability of tinplate compared to alternative packaging materials are making it a preferred choice for environmentally conscious consumers and brands. Furthermore, technological advancements in tinplate production are leading to improved quality and efficiency, while innovations in coatings enhance corrosion resistance and shelf life. However, the market faces some restraints. Fluctuations in raw material prices, particularly steel, can impact profitability. Competition from alternative packaging materials like plastics and aluminum, though challenged by sustainability concerns, remains a factor. Nevertheless, the ongoing trend toward sustainable packaging and the increasing demand for food safety are expected to mitigate these challenges. The market segmentation highlights the dominance of the food application sector, followed by industrial applications. Prime grade tinplate holds a larger market share compared to secondary grade, reflecting the demand for high-quality packaging in the food industry. Key players, including ArcelorMittal, Nippon Steel, and Baosteel, are strategically investing in capacity expansion and technological upgrades to cater to the growing market demand and maintain their competitive edge across various regions including North America, Europe, and Asia Pacific. This comprehensive report provides a detailed analysis of the global tinplate for metal containers market, projected to reach $15 billion by 2028. It offers invaluable insights into market dynamics, competitive landscape, and future growth opportunities, focusing on key players, emerging trends, and regional variations. This report is essential for businesses involved in the production, distribution, and utilization of tinplate for food and industrial packaging applications. Keywords: Tinplate Market, Metal Containers, Food Packaging, Industrial Packaging, Steel, Tinplate Manufacturers, Market Analysis, Market Trends, Market Size, Market Share

7579 Global import shipment records of Electrolytic Tinplate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

70 Global import shipment records of Tin Plate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global tinplate for packaging market, valued at $17.3 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.8% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning food and beverage industries, particularly in developing economies, are significantly increasing demand for canned goods, a major application for tinplate. Furthermore, the convenience and extended shelf life offered by tinplate packaging are driving consumer preference, bolstering market growth. Growth in the aerosol can segment is also contributing to overall market expansion, as aerosols are utilized across diverse sectors, ranging from personal care products to automotive applications. Technological advancements in tinplate manufacturing, leading to improved quality and cost-effectiveness, are also supporting market expansion. While the fluctuating prices of raw materials (steel and tin) pose a potential restraint, ongoing innovations in recycling and sustainable sourcing strategies are mitigating this concern. The market is segmented by application (food cans, beverage cans, aerosols, closures, others) and type (standard grade tinplate, second grade tinplate). Major players like ArcelorMittal, Nippon Steel, and Baosteel dominate the market, strategically expanding their production capacity and geographical reach to cater to the rising global demand. Regional growth is expected to be heterogeneous, with Asia-Pacific, particularly China and India, exhibiting significant growth due to rapid economic development and urbanization. North America and Europe, while mature markets, will continue to show steady growth driven by product innovation and premium packaging trends. The competitive landscape is characterized by both established players and emerging regional producers. Consolidation and strategic partnerships are likely to shape the market in the coming years, as companies strive to optimize their production and distribution networks and gain a competitive edge. The shift towards sustainable and eco-friendly packaging solutions will also play a significant role in shaping the market's future, encouraging investment in recycled tinplate and innovative manufacturing processes with a reduced environmental footprint. The forecast period (2025-2033) presents significant opportunities for growth, driven by factors such as the rise of e-commerce, which necessitates robust and protective packaging, and the increasing demand for convenient, portable food and beverage options. However, companies need to navigate challenges such as raw material price volatility and the growing preference for alternative packaging materials.

Europe Tinplate Packaging Market size will be USD 228.36 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.