Market Forecast By Material (Steel, Aluminum, Others), By Product Type (Cans, Caps & Closures, Drums & Barrels, Others), By End User (Food, Beverage, Personal Care, Healthcare, Others) And Competitive Landscape
|Product Code: ETC028342
|Publication Date: Mar 2023
|Product Type: Report
|No. of Pages: 70
|No. of Figures: 35
|No. of Tables: 5
Brazil metal packaging market is witnessing an increasing demand for metal packaging. Brazil has a large and growing food and beverage industry, and this is expected to drive demand for metal packaging in the country. Metal packaging is particularly popular in the beverage industry, where it is used for cans and bottle caps. Metal packaging is seen as a more environmentally friendly option than plastic. Metal packaging is recyclable, and many companies are opting for it to reduce their carbon footprint. The Brazil metal packaging market has been experiencing growth in demand due to the increasing use of metal packaging in the food and beverage industry. This growth is expected to continue in the coming years. There has been a focus on innovation in the Brazil metal packaging industry, with companies looking for ways to make their products more appealing to consumers. This has led to the development of new designs, shapes, and sizes of metal packaging. The COVID-19 pandemic had a significant impact on the Brazil metal packaging market, as it did on many industries globally. The pandemic disrupted supply chains and led to a decrease in demand in some sectors. However, the market has started to recover as the pandemic situation improves. Further, with the COVID-19 pandemic, there has been an increased focus on health and safety in the packaging industry. Metal packaging is considered to be hygienic and safe, and this is expected to drive demand in the coming years.
The demand for sustainable packaging has been on the rise globally, and Brazil is no exception. Metal packaging is considered to be environmentally friendly as it is infinitely recyclable, and this is expected to drive demand for metal packaging in the country. Additionally, the Brazilian metal packaging market has seen increased competition, with local and international players entering the market to enhance their market share. This has led to price competition and the need for companies to differentiate themselves through product quality and innovation. Further, the adoption of digital technologies in the metal packaging industry is expected to improve efficiency and reduce costs. This includes the use of automation, robotics, and artificial intelligence (AI) in manufacturing and supply chain operations. Moreover, manufacturers are constantly exploring new ways to make metal packaging more attractive and functional. This includes innovations in shape, size, and printing technology to enhance brand recognition and consumer appeal.
Brazil Metal Packaging Market report comprehensively covers the market by product type, material type and end user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil metal packaging market is anticipated to witness immense growth during the forecast period. Increasing penetration towards environmental issues for plastic packaging has shifted the demand towards metal packaging. Moreover, the property of sustainability and durability of metal has positively impacted the demand of the market. Rising concern regarding spillage and contamination is driving the market towards metal packaging. Increasing disposable income and urbanization drive the need for premium and feasible packaging coupled with rising standards of health and hygiene. Furthermore, increasing demand for chilled and ready-to-eat food coupled with the growth of the food industry is driving the market.
According to 6Wresearch, Brazil Metal Packaging Market size is projected to register growth during the forecast period 2020-2026. Increasing population and lifestyle changes coupled with the growing food industry owes the growth of the market. Metals have high recyclability in comparison to other packaging materials, aluminum is gaining the utmost importance owing to its high recyclability property. Increasing demand for metal packaging goods such as ointment tubes, and spray bottles in the pharmaceutical and cosmetic industries. However, the outbreak of COVID-19 has adversely impacted almost every industry backed by nationwide lockdown owing to the hindrance in the production of metal packaging. Moreover, mandatory licensing has declined the growth of the market backed by expensive procedures. Most of the producers are not able to afford the expensive license leading to a decline in the market.
On the basis of material, the steel segment is expected to dominate the market over the coming years.
Based on product, the can segment is anticipated to take over the market during the forecast period?
On the basis of end users, the pharmaceutical segment is likely to dominate the market during the coming years.
The report provides a detailed analysis of the following market segments:
|1 Executive Summary
|2.1 Key Highlights of the Report
|2.2 Report Description
|2.3 Market Scope & Segmentation
|2.4 Research Methodology
|3 Brazil Metal Packaging Market Overview
|3.1 Brazil Country Macro Economic Indicators
|3.2 Brazil Metal Packaging Market Revenues & Volume, 2019 & 2026F
|3.3 Brazil Metal Packaging Market - Industry Life Cycle
|3.4 Brazil Metal Packaging Market - Porter's Five Forces
|3.5 Brazil Metal Packaging Market Revenues & Volume Share, By Material, 2019 & 2026F
|3.6 Brazil Metal Packaging Market Revenues & Volume Share, By Product Type, 2019 & 2026F
|3.7 Brazil Metal Packaging Market Revenues & Volume Share, By End User, 2019 & 2026F
|4 Brazil Metal Packaging Market Dynamics
|4.1 Impact Analysis
|4.2 Market Drivers
|4.3 Market Restraints
|5 Brazil Metal Packaging Market Trends
|6 Brazil Metal Packaging Market, By Types
|6.1 Brazil Metal Packaging Market, By Material
|6.1.1 Overview and Analysis
|6.1.2 Brazil Metal Packaging Market Revenues & Volume, By Material, 2016 - 2026F
|6.1.3 Brazil Metal Packaging Market Revenues & Volume, By Steel, 2016 - 2026F
|6.1.4 Brazil Metal Packaging Market Revenues & Volume, By Aluminum, 2016 - 2026F
|6.1.5 Brazil Metal Packaging Market Revenues & Volume, By Others, 2016 - 2026F
|6.2 Brazil Metal Packaging Market, By Product Type
|6.2.1 Overview and Analysis
|6.2.2 Brazil Metal Packaging Market Revenues & Volume, By Cans, 2016 - 2026F
|6.2.3 Brazil Metal Packaging Market Revenues & Volume, By Caps & Closures, 2016 - 2026F
|6.2.4 Brazil Metal Packaging Market Revenues & Volume, By Drums & Barrels, 2016 - 2026F
|6.2.5 Brazil Metal Packaging Market Revenues & Volume, By Others, 2016 - 2026F
|6.3 Brazil Metal Packaging Market, By End User
|6.3.1 Overview and Analysis
|6.3.2 Brazil Metal Packaging Market Revenues & Volume, By Food, 2016 - 2026F
|6.3.3 Brazil Metal Packaging Market Revenues & Volume, By Beverage, 2016 - 2026F
|6.3.4 Brazil Metal Packaging Market Revenues & Volume, By Personal Care, 2016 - 2026F
|6.3.5 Brazil Metal Packaging Market Revenues & Volume, By Healthcare, 2016 - 2026F
|6.3.6 Brazil Metal Packaging Market Revenues & Volume, By Others, 2016 - 2026F
|7 Brazil Metal Packaging Market Import-Export Trade Statistics
|7.1 Brazil Metal Packaging Market Export to Major Countries
|7.2 Brazil Metal Packaging Market Imports from Major Countries
|8 Brazil Metal Packaging Market Key Performance Indicators
|9 Brazil Metal Packaging Market - Opportunity Assessment
|9.1 Brazil Metal Packaging Market Opportunity Assessment, By Material, 2019 & 2026F
|9.2 Brazil Metal Packaging Market Opportunity Assessment, By Product Type, 2019 & 2026F
|9.3 Brazil Metal Packaging Market Opportunity Assessment, By End User, 2019 & 2026F
|10 Brazil Metal Packaging Market - Competitive Landscape
|10.1 Brazil Metal Packaging Market Revenue Share, By Companies, 2019
|10.2 Brazil Metal Packaging Market Competitive Benchmarking, By Operating and Technical Parameters
|11 Company Profiles