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Latin America Aluminium Cans Market Report and Forecast 2024-2032

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    Report

  • 193 Pages
  • November 2023
  • Region: Latin America
  • Expert Market Research
  • ID: 5912745
According to the report, the Latin America aluminium cans market is projected to grow at a CAGR of 3.8% between 2024 and 2032. Aided by the rising consumer inclination towards sustainable packaging solutions and the versatile applications of aluminium cans in diverse sectors, the market is expected to grow significantly by 2032.

Aluminium cans, known for their lightweight and recyclable nature, predominantly cater to the beverage industry, providing an ideal packaging solution for sodas, beers, and other drinks. These cans offer an array of advantages, such as longer shelf life, resistance to light and oxygen, thereby preserving the beverage's freshness and flavour. Beyond beverages, aluminium cans are increasingly being adopted for packaging perishable goods, personal care products, and even pharmaceuticals.

One of the most compelling drivers of the Latin America aluminium cans market demand is the growing consumer consciousness about environmental conservation. Recognising the detrimental impacts of plastic waste on the environment, there's a palpable shift in consumer preference towards recyclable and sustainable packaging options. Aluminium cans, with their high recyclability rate and reduced carbon footprint, are resonating well with this eco-aware consumer base.

As per the Latin America aluminium cans market analysis, the booming beverage industry in the region further augments the demand for aluminium cans. With tropical climates dominating much of Latin America, there's a perennial demand for cold beverages. The burgeoning craft beer movement, the surge in energy and sports drinks, and the introduction of new beverage flavours and formulations, all underline the indispensable role of aluminium cans in meeting the packaging needs of these products.

The adaptability of aluminium cans also plays a pivotal role in their rising popularity. Innovations in can design, such as resealable lids, ergonomic shapes, and vibrant graphics, have made these cans more consumer-friendly and brand-distinctive. Such enhancements not only boost the product's visual appeal but also enhance its functionality, aligning with the contemporary needs of both consumers and manufacturers.

The Latin America aluminium cans market growth is witnessing an accelerated surge, backed by a blend of consumer trends, industry demands, and sustainable imperatives. As brands continue to emphasise their eco-responsibility and as consumers increasingly vote with their wallets for sustainable options, aluminium cans are expected to become even more deeply entrenched in the packaging landscape of Latin America. This promising future is further solidified by continuous innovations in can design and production, ensuring that aluminium cans remain relevant, efficient, and the preferred choice in the ever-evolving market scenario.

Market Segmentation

The market can be divided based on application and country.

Market Breakup by Application

  • Beverages
  • Food
  • Others

Market Breakup by Country

  • Brazil
  • Argentina
  • Mexico
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Latin America aluminium cans market. Some of the major players explored in the report are as follows:
  • Ball Corporation
  • Crown Holding, Inc.
  • Canpack S.A.
  • Novelis Aluminum
  • Others

Table of Contents

1 Preface2 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 (2018-2023)
8.2 Latin America Beverage Cans Market Forecast (2024-2032)
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 (2018-2023)
9.3 Latin America Aluminium Cans Market Forecast (2024-2032)
9.4 Latin America Aluminium Cans Market by Application
9.4.1 Beverages
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Food
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
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 (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Argentina
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mexico
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
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 2032
2. Latin America Beverage Cans Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Latin America Beverage Cans Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Latin America Beverage Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
5. Latin America Beverage Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
6. Latin America Aluminium Cans Market: Key Industry Highlights, 2018 and 2032
7. Latin America Aluminium Cans Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Latin America Aluminium Cans Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Latin America Aluminium Cans Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Latin America Aluminium Cans Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Latin America Aluminium Cans Market Structure

Companies Mentioned

  • Ball Corporation
  • Crown Holding Inc.
  • Canpack S.A.
  • Novelis Aluminum

Methodology

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