Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Material (Aluminum , Steel), By Type (2-Piece , 3-Piece), By Degree of Internal Pressure (Pressurized Cans , Vacuum Cans) And Competitive Landscape
Product Code: ETC4615904 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Latin America Food & Beverage Metal Cans Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Food & Beverage |
Latin America Food & Beverage Metal Cans Market report thoroughly covers the by countries, by material, by type, and by degree of internal pressure. 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.
The Latin America Food & Beverage Metal Cans Market was valued at USD 4.28 billion and is to reach USD 6 billion, growing at a CAGR of around 4.5% from 2025 to 2031. The Latin America food & beverage metal cans market is expanding due to rising demand for sustainable packaging and increasing consumption of canned food and drinks. Key drivers include the region's growing urbanization, changing consumer lifestyles, and heightened environmental awareness, which boosts the adoption of recyclable materials. Additionally, the durability and convenience of metal cans further fuel their appeal among manufacturers and consumers.
The food and beverage metal cans market in Latin America is witnessing significant evolution, characterized by increased demand for packaged goods and a shift towards sustainable packaging solutions. This sector is largely driven by rising consumer preference for convenience, along with the growing trend of on-the-go lifestyles that favour ready-to-eat and drink products.
According to 6Wresearch, the Latin America Food & Beverage Metal Cans Market size is expected to reach at a significant CAGR of 4.5% during the forecast period 2025-2031. Moreover, the focus on sustainability is stimulating interest in metal cans, which are highly recyclable and offer longer shelf life, thereby reducing food waste. However, challenges persist in the form of fluctuating raw material costs and competition from alternative packaging options such as plastics and glass. Additionally, the economic instability in some regions may affect consumer spending patterns, influencing the overall Latin America Food & Beverage Metal Cans Market growth. Nevertheless, some trends are supporting the market growth.
One of the significant trends is the rising adoption of innovative can designs and features, such as lightweight alternatives and enhanced resealability, which appeal to environmentally conscious consumers. The ongoing transition to more eco-friendly practices, alongside a focus on premium products, indicates a positive growth for the food and beverage metal cans market in Latin America moving forward.
Leading companies that are operating in the market include
All of which play pivotal roles in the manufacturing and distribution of metal cans.
Government regulations significantly influence the Latin America food and beverage metal cans market, particularly to environmental standards and recycling mandates. Many countries in the region are implementing stricter regulations aimed at reducing plastic waste and promoting recycling. For instance, initiatives encouraging the use of recyclable materials and the reduction of single-use plastics are becoming more prevalent. Compliance with these regulations not only affects manufacturing processes but also shapes product design and market strategies. Companies must navigate these regulations while ensuring their operations align with local sustainability goals, thus contributing to a healthier environment.
The Latin America food and beverage metal cans industry is poised for robust growth, supported by a combination of evolving consumer preferences and innovative product offerings. As brands continue to focus on sustainability, the demand for metal cans—recognized for their recyclability and reduced environmental impact—will likely increase. Additionally, advancements in technology and packaging design will enhance product functionality and convenience, catering to the on-the-go lifestyle of consumers. The growth of e-commerce and online grocery shopping presents further opportunities for market expansion.
According to Dhaval, Research Manager, 6Wresearch, Brazil is currently leading the Latin America food and beverage metal cans market, driven by its large population and expanding consumer base. The country's growing focus on sustainable packaging solutions has led to an increased demand for metal cans, particularly in the beverage sector. The Brazilian government's push towards recycling initiatives further supports this trend, creating a favourable environment for market growth.
Based on the degree of internal pressure, pressurized cans are currently leading due to their versatility and ability to maintain product quality. These cans are widely used for carbonated beverages, ensuring that fizzy drinks retain their effervescence and flavor over time. The demand for pressurized cans is further fueled by the growth of the beverage industry in countries like Brazil and Mexico, where consumer preferences lean towards ready-to-drink options.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Food & Beverage Metal Cans Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Food & Beverage Metal Cans Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Food & Beverage Metal Cans Market - Industry Life Cycle |
3.4 Latin America Food & Beverage Metal Cans Market - Porter's Five Forces |
3.5 Latin America Food & Beverage Metal Cans Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Food & Beverage Metal Cans Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latin America Food & Beverage Metal Cans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Latin America Food & Beverage Metal Cans Market Revenues & Volume Share, By Degree of Internal Pressure, 2021 & 2031F |
4 Latin America Food & Beverage Metal Cans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Food & Beverage Metal Cans Market Trends |
6 Latin America Food & Beverage Metal Cans Market, 2021-2031 |
6.1 Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Material, 2021-2031 |
6.2 Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Type, 2021-2031 |
6.3 Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Degree of Internal Pressure, 2021-2031 |
7 Brazil Food & Beverage Metal Cans Market, 2021-2031 |
7.1 Brazil Food & Beverage Metal Cans Market, Revenues & Volume, By Material, 2021-2031 |
7.2 Brazil Food & Beverage Metal Cans Market, Revenues & Volume, By Type, 2021-2031 |
7.3 Brazil Food & Beverage Metal Cans Market, Revenues & Volume, By Degree of Internal Pressure, 2021-2031 |
8 Mexico Food & Beverage Metal Cans Market, 2021-2031 |
8.1 Mexico Food & Beverage Metal Cans Market, Revenues & Volume, By Material, 2021-2031 |
8.2 Mexico Food & Beverage Metal Cans Market, Revenues & Volume, By Type, 2021-2031 |
8.3 Mexico Food & Beverage Metal Cans Market, Revenues & Volume, By Degree of Internal Pressure, 2021-2031 |
9 Argentina Food & Beverage Metal Cans Market, 2021-2031 |
9.1 Argentina Food & Beverage Metal Cans Market, Revenues & Volume, By Material, 2021-2031 |
9.2 Argentina Food & Beverage Metal Cans Market, Revenues & Volume, By Type, 2021-2031 |
9.3 Argentina Food & Beverage Metal Cans Market, Revenues & Volume, By Degree of Internal Pressure, 2021-2031 |
10 Rest of Latin America Food & Beverage Metal Cans Market, 2021-2031 |
10.1 Rest of Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Material, 2021-2031 |
10.2 Rest of Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Type, 2021-2031 |
10.3 Rest of Latin America Food & Beverage Metal Cans Market, Revenues & Volume, By Degree of Internal Pressure, 2021-2031 |
11 Latin America Food & Beverage Metal Cans Market Key Performance Indicators |
12 Latin America Food & Beverage Metal Cans Market - Opportunity Assessment |
12.1 Latin America Food & Beverage Metal Cans Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Food & Beverage Metal Cans Market Opportunity Assessment, By Material, 2021 & 2031F |
12.3 Latin America Food & Beverage Metal Cans Market Opportunity Assessment, By Type, 2021 & 2031F |
12.4 Latin America Food & Beverage Metal Cans Market Opportunity Assessment, By Degree of Internal Pressure, 2021 & 2031F |
13 Latin America Food & Beverage Metal Cans Market - Competitive Landscape |
13.1 Latin America Food & Beverage Metal Cans Market Revenue Share, By Companies, 2024 |
13.2 Latin America Food & Beverage Metal Cans Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |