Reports
Latin America Aluminium Cans Market: By Application: Beverages, Food, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments
Latin America Aluminium Cans Market Outlook
The Latin America aluminium cans market stood at a value of more than USD 4.8 billion in 2021. The market is further expected to grow at a CAGR of 3.8% in the forecast period of 2023-2028 to attain a value of over USD 6 billion by 2027.
Significant Growth of the Beverages Segment to Bolster the Growth of the Aluminium Cans Industry
Based on application, the beverages segment accounts for a significant share in the market and is anticipated to grow at a considerable rate in the forecast period. The ability of aluminium to form any shape, along with its protective qualities, stackable and durable nature, and lightweight, makes it ideal for the packaging of beverages.
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As a result, the use of aluminium to package and transport beverages using less material is likely to increase. Additionally, the increased consumption of beverages globally is expected to aid the segment growth in the forecast period.
The Latin America Aluminium Cans Industry Accounts for a Significant Share in the Global Market for Aluminium Cans
The aluminium cans market in Latin America is driven by the growing consumer demand for sodas, energy drinks, sparkling waters, soft drinks, and craft brew beers, among others. The market in the region is anticipated to be augmented by the shipping efficiency offered by the material, owing to its lightweight. Furthermore, the market is anticipated to grow in the forecast period due to the steady growth of the food sector in major Latin American countries.
Aluminium Cans: Market Segmentation
Aluminium can is defined as a can prepared from aluminium. These cans are generally used as a single-use container in the food and beverages industry to pack food items or beverages, as the material keeps the food fresh and healthy.
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The significant applications of the product include:
- Beverages
- Food
- Others
The regional markets for the product include Brazil, Argentina, and Mexico, among others.
Increasing Demand for Sustainable Food Packaging Solutions to Boost the Growth of the Aluminium Cans Industry
The Latin America aluminium cans industry is driven by the rising application of the product in the food and beverages industry owing to its lightweight and ability to provide long-term preservation. Additionally, the increasing demand for packaged food products and on-the-go beverages is significantly contributing to the market expansion in the region. Over the forecast period, the market is expected to be aided by the growing demand for sustainable packaging options and the stringent government regulations pertaining to recycling as well as treatment and disposal of recyclable waste. As aluminium cans can be recycled and re-used many times, it makes them increasingly valuable among all packaging materials.
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Key Industry Players in the Latin America Aluminium Cans Market
The report gives a detailed analysis of the following key players in the Latin America aluminium cans market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ball Corporation
- Crown Holding, Inc.
- Canpack S.A.
- Novelis Aluminum
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Country |
| Breakup by Application | Beverages, Food, Others |
| Breakup by Country | Brazil, Argentina, Mexico, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ball Corporation, Crown Holding, Inc., Canpack S.A., Novelis Aluminum, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Latin America
7 Opportunities and Challenges in the Market
8 Latin America Beverage Cans Market Overview
8.1 Latin America Beverage Cans Historical Market (2018-2022)
8.2 Latin America Beverage Cans Market Forecast (2023-2028)
8.3 Latin America Beverage Cans Market by Type
8.4 Latin America Beverage Cans Market by Region
8.4.1 Brazil
8.4.2 Argentina
8.4.3 Mexico
8.4.4 Others
9 Latin America Aluminium Cans Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Aluminium Cans Historical Market (2018-2022)
9.3 Latin America Aluminium Cans Market Forecast (2023-2028)
9.4 Latin America Aluminium Cans Market by Application
9.4.1 Beverages
9.4.1.1 Historical Trend (2018-2022)
9.4.1.2 Forecast Trend (2023-2028)
9.4.2 Food
9.4.2.1 Historical Trend (2018-2022)
9.4.2.2 Forecast Trend (2023-2028)
9.4.3 Others
9.5 Latin America Aluminium Cans Market by Country
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Mexico
9.5.4 Others
10 Regional Analysis
10.1 Brazil
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Argentina
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Mexico
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Ball Corporation
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Crown Holding, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Canpack S.A.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Novelis Aluminum
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Latin America Beverage Cans Market: Key Industry Highlights, 2018 and 2028
2. Latin America Beverage Cans Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Latin America Beverage Cans Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Latin America Beverage Cans Historical Market: Breakup by Country (USD Billion), 2018-2022
5. Latin America Beverage Cans Market Forecast: Breakup by Country (USD Billion), 2023-2028
6. Latin America Aluminium Cans Market: Key Industry Highlights, 2018 and 2028
7. Latin America Aluminium Cans Historical Market: Breakup by Application (USD Billion), 2018-2022
8. Latin America Aluminium Cans Market Forecast: Breakup by Application (USD Billion), 2023-2028
9. Latin America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2022
10. Latin America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2023-2028
11. Latin America Aluminium Cans Market Structure
Key Questions Answered in the Report
In 2021, the Latin America aluminium cans market attained a value of over USD 4.8 billion.
The market is estimated to grow at a CAGR of 3.8% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of more than USD 6 billion by 2027.
What are the major regional markets of aluminium cans in Latin America, according to the EMR report?
The major regions in the industry are Brazil, Argentina, and Mexico, among others.
The major drivers of the industry, such as the growing product demand in the food and beverages industry, benefits such as lightweight, high flexibility, and re-usability of the product, growing demand for aluminium cans for merchandise canning, and stringent regulations in favour of recycling, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the introduction of new recycling programmes in Latin American countries, along with the emergence of the National Solid Waste Policy in Brazil.
Beverages, food, and others are the major applications of the product.
The major players in the industry are Ball Corporation, Crown Holding, Inc., Canpack S.A., and Novelis Aluminum, among others.
Analyst Review
The Latin America aluminium cans market attained a value of more than USD 4.8 billion in 2021, driven by the growing application of the product in the food packaging industry. Aided by the growing focus on closed-loop recycling of aluminium cans, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.8%. The market is projected to reach over USD 6 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The significant applications of the product include beverages, food, and others. The major regional markets for aluminium cans in Latin America are Brazil, Argentina, and Mexico, among others. The key players in the above market include Ball Corporation, Crown Holding, Inc., Canpack S.A., and Novelis Aluminum, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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