South & Central America Beverage Metal Cans Market Forecast to 2028

South & Central America Beverage Metal Cans Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Aluminum and Steel), and Application (Carbonated Soft Drinks, Alcoholic Drinks, Fruit and Vegetable Juices, and Others)

Report Code : BMIRE00025649 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 10/Aug/2022

The South & Central America Beverage Metal Cans market is expected to reach US$ 2,660.59 million by 2028 from US$ 1,859.05 million in 2022. The market is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

Energy drinks are commonly advertised as products that boost energy while improving physical performance and mental alertness. While coffee is still consumed mainly by older people, energy drinks have gained popularity among the younger generation by connecting themselves with their lifestyle. The sales of energy drinks are increasing despite the beverages containing too much caffeine and sugar. However, recent innovations have seen manufacturers incorporate organic choices into their product lines, which might push energy drinks into the health category. Furthermore, there is a growing demand for immune-boosting beverages high in vitamins, minerals, and other essential ingredients. As a result, many players have entered the market to offer functional energy drinks. Brands are attempting to capitalize on the "immunity-boosting" trend by integrating purported components or using the concept of immunity boosters in their marketing operations. Energy drinks aim to meet the expanding health awareness movement. Individuals take greater responsibility for their health, coupled with diet and natural energy drink alternatives. The South & Central America Beverage Metal Cans market is expected to grow at a good CAGR during the forecast period.

South & Central America Beverage Metal Cans Revenue and Forecast to 2028 (US$ Million)

South & Central America Beverage Metal Cans Market Segmentation

The South & Central America beverage metal cans market is segmented on the basis of material, application, and country. Based on material, the market is bifurcated into aluminum and steel. The aluminum segment dominated the market in 2022. By application, the South & Central America beverage metal cans market is segmented into carbonated soft drinks, alcoholic drinks, fruit and vegetable juices, and others. The alcoholic drinks segment dominated the market in 2022. Based on country, the South & Central America Beverage Metal Cans market segmented into Brazil, Argentina and Rest of South & Central. The Brazil is dominated the South & Central America Beverage Metal Cans market in 2022.

Ball Corporation, Crown Holdings, Inc; Ardgh Group S.A, CANPACK, Amcor plc and Envases Group are among the leading companies in the South & Central America Beverage Metal Cans market are among the leading companies in the South & Central America Beverage Metal Cans market.

At 6.2% CAGR, the South & Central America Beverage Metal Cans Market is speculated to be worth US$ 2,660.59 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the South & Central America Beverage Metal Cans market was valued at US$ 1,859.05 million in 2022 and is expected to reach US$ 2,660.59 million by 2028, registering an annual growth rate of 6.2% from 2022 to 2028. The report provides trends prevailing in the South & Central America Beverage Metal Cans market along with the drivers and restraints pertaining to the market growth. Growing demand for canned cocktails and sparkling wines is the major factor driving the growth of the South & Central America Beverage Metal Cans market.

Demand for canned cocktails and sparkling wines is increasing among people. Canned cocktail and sparkling wine manufacturers have taken the initiative to provide consumers with high-quality canned drinks which are convenient to drink and free of airborne contaminants. Consumers in developed countries have grown more health-conscious and choose low-alcohol flavored beverages. Manufacturers typically include a modest percentage of alcohol, ranging from 4% to 12%, and additional flavors such as lemon, cranberry, orange, and passion fruit, attracting health-conscious customers. As a result, low alcohol by volume (ABV) beverages has gained popularity. Consumers' preference for beverages in convenient packaging is projected to expand the reach of canned alcoholic beverages in the coming years and support market growth.

However, issues associated with increasing use of biodegradable plastic packaging to Beverage Metal Cans the growth of South & Central America Beverage Metal Cans market.

Based on material the South & Central America Beverage Metal Cans market is bifurcated into aluminum and steel. The aluminum segment held 89.51% market share in 2022, amassing US$ 1,664.06million. It is projected to garner US$ 2,404.05 million by 2028 to expand at 6.3%CAGR during 2022–2028.

Based on application the South & Central America Beverage Metal Cans market segmented into carbonated soft drinks, alcoholic drinks, fruit and vegetable juices, and others. The alcoholic drinks segment held 54.39% market share in 2022, amassing US$ 1,011.17 million. It is projected to garner US$ 1,392.56 million by 2028 to expand at 5.5% CAGR during 2022–2028.

Based on country, the South & Central America Beverage Metal Cans market segmented into Brazil, Argentina and Rest of South & Central America . Our regional analysis states that Brazil captured 45.70% market share in 2022. It was assessed at US$ 849.58 million in 2022 and is likely to hit US$ 1,300.76 million by 2028, exhibiting a CAGR of 7.4% during the forecast period. .

Key players dominating the Beverage Metal Cans market are Ball Corporation, Crown Holdings,Inc; Ardgh Group S.A, CANPACK, Amcor plc, and Envases Group are among the leading companies in the South & Central America Beverage Metal Cans market.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection

3.2.2 Primary Interviews

3.2.3 Hypothesis Formulation

3.2.4 Macro-economic Factor Analysis

3.2.5 Developing Base Number

3.2.6 Data Triangulation

3.2.7 Country Level Data

4. SAM Beverage Metal Cans Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Expert Opinion

4.4 Ecosystem Analysis

5. SAM Beverage Metal Cans Market — Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Recyclable Metal Cans

5.1.2 High Consumption of Carbonated Soft Drinks

5.2 Key Market Restraints

5.2.1 Increasing Use of Biodegradable Plastic Packaging

5.3 Key Market Opportunities

5.3.1 Increasing Popularity of Energy Drinks

5.4 Future Trends

5.4.1 Growing Demand For Canned Cocktails and Sparkling Wines

5.5 Impact Analysis of Drivers and Restraint

6. Beverage Metal Cans – SAM Market Analysis

6.1 Beverage Metal Cans Market –Revenue and Forecast to 2028

7. SAM Beverage Metal Cans Market Analysis – By Material

7.1 Overview

7.2 Beverage Metal Cans Market, By Material (2021 and 2028)

7.3 Aluminum

7.3.1 Overview

7.3.2 Aluminum: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Steel

7.4.1 Overview

7.4.2 Steel: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

8. SAM Beverage Metal Cans Market Analysis – By Application

8.1 Overview

8.2 Beverage Metal Cans Market, By Application (2021 and 2028)

8.3 Carbonated Soft Drinks

8.3.1 Overview

8.3.2 Carbonated Soft Drinks: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Alcoholic Drinks

8.4.1 Overview

8.4.2 Alcoholic Drinks: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Fruit and Vegetable Juices

8.5.1 Overview

8.5.2 Fruit and Vegetable Juices: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 Others

8.6.1 Overview

8.6.2 Others: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Mn)

9. SAM Beverage Metal Cans Market – Country Analysis

9.1 South and Central America: Beverage Metal Cans Market

9.1.1 South and Central America: Beverage Metal Cans Market, by Key Country

9.1.2 South and Central America: Beverage Metal Cans Market, by Key Country

9.1.2.1 Brazil: Beverage Metal Cans Market –Analysis and Forecast to 2028 (US$ Million)

9.1.2.1.1 Brazil: Beverage Metal Cans Market, by Material

9.1.2.1.2 Brazil: Beverage Metal Cans Market, by Application

9.1.2.2 Argentina: Beverage Metal Cans Market –Analysis and Forecast to 2028 (US$ Million)

9.1.2.2.1 Argentina: Beverage Metal Cans Market, by Material

9.1.2.2.2 Argentina: Beverage Metal Cans Market, by Application

9.1.2.3 Rest of South and Central America: Beverage Metal Cans Market –Analysis and Forecast to 2028 (US$ Million)

9.1.2.3.1 Rest of South and Central America: Beverage Metal Cans Market, by Material

9.1.2.3.2 Rest of South and Central America: Beverage Metal Cans Market, by Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 Partnership

11. Company Profiles

11.1 Ball Corporation

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Crown Holdings, Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Ardagh Group S.A.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 CANPACK

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Amcor plc

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Envases Group

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1.             SAM Beverage Metal Cans Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Beverage Metal Cans Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 3.             Brazil Beverage Metal Cans Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             Argentina Beverage Metal Cans Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 5.             Argentina Beverage Metal Cans Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             Rest of South and Central America Beverage Metal Cans Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 7.             Rest of South and Central America Beverage Metal Cans Market, by Application – Revenue and Forecast to q 2028 (USD Million)

Table 8.             Glossary of Terms

LIST OF FIGURES.

Figure 1.           SAM Beverage Metal Cans Market Segmentation

Figure 2.           SAM Beverage Metal Cans Market Segmentation – By Country

Figure 3.           SAM Beverage Metal Cans Market Overview

Figure 4.           SAM Beverage Metal Cans Market, By Material

Figure 5.           SAM Beverage Metal Cans Market, By Country

Figure 6.           SAM Porter's Five Forces Analysis: Beverage Metal Cans Market

Figure 7.           SAM Expert Opinion

Figure 8.           SAM Ecosystem Analysis: Beverage Metal Cans Market

Figure 9.           SAM Beverage Metal Cans Market Impact Analysis of Drivers and Restraints

Figure 10.        SAM: Beverage Metal Cans Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        SAM Beverage Metal Cans Market Revenue Share, By Material (2021 and 2028)

Figure 12.        SAM Aluminum: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        SAM Steel: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        SAM Beverage Metal Cans Market Revenue Share, By Application (2021 and 2028)

Figure 15.        SAM Carbonated Soft Drinks: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16.        SAM Alcoholic Drinks: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        SAM Fruit and Vegetable Juices: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        SAM Others: Beverage Metal Cans Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        South and Central America: Beverage Metal Cans Market Revenue Share, by Key Country (2021 and 2028)

Figure 20.        South and Central America: Beverage Metal Cans Market Revenue Share, by Key Country (2021 and 2028)

Figure 21.        Brazil: Beverage Metal Cans Market –Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Argentina: Beverage Metal Cans Market –Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Rest of South and Central America: Beverage Metal Cans Market –Revenue and Forecast to 2028 (US$ Million)

The List of Companies - South & Central America Beverage Metal Cans Market

● Ball Corporation.   

● Crown Holdings Inc.

● Ardgh Group S.A.

● CANPACK

● Amcor Plc.

● Envases Group

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Beverage Metal Cans market forecast.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in South & Central America Beverage Metal Cans market forecast, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the beverage metal cans, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

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