Market Forecast By Material Type (Aluminium, Steel, Tin), By Fabrication Type (Two Piece Can, Three Piece Can), By Application (Alcoholic Beverages, Non–Alcoholic Beverages, Processed Dairy Food Products, Other Processed Food Products, Edible Oil, Medicinal Tablets and Syrups, Personal Care and Cosmetic Products, Industrial Chemicals), By End User (Food & Beverages, Pharmaceutical Industry, Consumers Goods, Chemical) And Competitive Landscape
Product Code: ETC253982 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Metal Cans Market Report thoroughly covers the market by Material Type, Fabrication Type, Application and End User. Brazil Metal Cans Market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Metal Cans Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Brazil Metal Cans Market is witnessing prominent growth and is expected to grow more in the future. This growth can be attributed to the growing Food and Beverage Industry. Along with this the advantages of metal cans over other packaging materials, technological advancements and the government initiatives also lead to the growth of the Brazil Metal Cans Market.
According to 6Wresearch, Brazil Metal Cans Market is anticipated to rise at a CAGR of 3.2% during the period of 2024-2030. One of the major drivers in the growth of Brazil Metal Cans Market is the growing Food and Beverage Industry which is driven by the country's increasing population, rising disposable income, and changing consumer preferences. This has resulted in a higher demand for metal cans as they are widely used for packaging food and beverages and which in turn leads to the growth of the market. Additionally, technological progress in the metal cans such as easy-open lids, enhanced durability, and attractive designs to cater to the changing consumer demands. This not only helps in boosting sales but also creates a positive image for metal cans in the market and which in turn propels the market growth. Furthermore, when compared to other packaging materials such as plastic and glass, metal cans offer several advantages like better product protection, longer shelf life, and easy recyclability. These factors have contributed to the increasing adoption of metal cans in the country and in turn leads to the growth of the Brazil Metal Cans Market.
However, there are also some challenges faced by the Brazil Metal Cans Market, such as the high production costs associated with metal cans which makes them less affordable for small and medium-sized businesses and hinders the growth of the market. Additionally, metal cans face competition from alternative packaging materials such as plastic and paper. These materials are often cheaper and more easily available, which can be a challenge for the metal cans market.
Some Key Players in the Brazil Metal Cans Market include names like Ball Corporation, Silgan Holdings Inc., Tetra Laval International S.A., Kian Joo Group, Huber Packaging Group GmbH, Crown Holdings, Inc. These companies are constantly investing in research and development to improve their products and cater to the changing consumer demands. They also play a crucial role in driving the growth of the market by establishing partnerships and collaborations with local businesses, contributing to the country's economic development.
The government initiatives such as implementation of regulations which aims at reducing or banning of single use plastic at state and municipal level, fuels the growth of the market. Additionally, implementation of policies and regulations to support and give incentives to local manufacturers in the metal cans industry and which has encouraged the establishment of new production facilities and improved the quality of domestically produced metal cans, propels the growth of the market. Furthermore, the government promotes sustainable practices and creates a favourable business environment for manufacturers, have played a crucial role in driving the growth of the metal cans market in Brazil. Moreover, the government’s implementation of programs to ensure food security, as metal cans offer excellent food preservation and these initiatives could create a secondary benefit for the metal can industry and in turn leads to the growth of the market.
Brazil Metal Cans Market is witnessing significant growth which can be attributed to the growing Food and Beverage Industry. Along with this the advantages of metal cans over other packaging materials, technological advancements, and the government initiatives such as implementation of policies and regulations to support and give incentives to local manufacturers in the metal cans industry and which has encouraged the establishment of new production facilities and improved the quality of domestically produced metal cans, will lead to the growth of the Brazil Metal Cans Market in coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the aluminium segment is the dominant segment in the industry and will continue to grow in the coming years due to the to the lightweight and recyclable nature of aluminum cans, making them a popular choice among consumers and manufacturers alike. Moreover, the increasing demand for aluminum cans in various industries such as food and beverage, pharmaceuticals, and personal care products is expected to drive the growth of this segment even further.
Based on Fabrication Type, the two-piece can segment is the dominant segment in the industry due to its widespread usage in various industries such as food and beverage, pharmaceuticals, and personal care products and the simplicity of fabrication and cost-effectiveness make it a popular choice among manufacturers. However, the segment that will continue to grow in the coming years is three-piece can segment which is due to the increasing demand for more durable and sustainable packaging options as this type of can offers better protection for products and is more environmentally friendly due to its ability to be easily recycled.
Based on Application, the non-alcoholic beverages segment is the dominant segment in the industry due to the rising demand for packaged water and soft drinks, as well as the increasing trend towards healthier beverage options. However, the segment that will continue to grow in the coming years is edible oil segment which is due to the increasing health consciousness and a shift towards healthier options as metal cans offer better protection for oil, ensuring its quality and freshness, making it a preferred choice among consumers.
Based on End User, the food & beverages segment is the dominant segment in the industry and will continue to grow in the coming years due to the to the extensive use of metal cans for packaging various food and beverage products such as soft drinks, processed foods, and edible oils.
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 Brazil Metal Cans Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Metal Cans Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Metal Cans Market - Industry Life Cycle |
3.4 Brazil Metal Cans Market - Porter's Five Forces |
3.5 Brazil Metal Cans Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.6 Brazil Metal Cans Market Revenues & Volume Share, By Fabrication Type, 2020 & 2030F |
3.7 Brazil Metal Cans Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 Brazil Metal Cans Market Revenues & Volume Share, By End User, 2020 & 2030F |
4 Brazil Metal Cans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Metal Cans Market Trends |
6 Brazil Metal Cans Market, By Types |
6.1 Brazil Metal Cans Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Metal Cans Market Revenues & Volume, By Material Type, 2020 - 2030F |
6.1.3 Brazil Metal Cans Market Revenues & Volume, By Aluminium, 2020 - 2030F |
6.1.4 Brazil Metal Cans Market Revenues & Volume, By Steel, 2020 - 2030F |
6.1.5 Brazil Metal Cans Market Revenues & Volume, By Tin, 2020 - 2030F |
6.2 Brazil Metal Cans Market, By Fabrication Type |
6.2.1 Overview and Analysis |
6.2.2 Brazil Metal Cans Market Revenues & Volume, By Two Piece Can, 2020 - 2030F |
6.2.3 Brazil Metal Cans Market Revenues & Volume, By Three Piece Can, 2020 - 2030F |
6.3 Brazil Metal Cans Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Brazil Metal Cans Market Revenues & Volume, By Alcoholic Beverages, 2020 - 2030F |
6.3.3 Brazil Metal Cans Market Revenues & Volume, By Nonâ??Alcoholic Beverages, 2020 - 2030F |
6.3.4 Brazil Metal Cans Market Revenues & Volume, By Processed Dairy Food Products, 2020 - 2030F |
6.3.5 Brazil Metal Cans Market Revenues & Volume, By Other Processed Food Products, 2020 - 2030F |
6.3.6 Brazil Metal Cans Market Revenues & Volume, By Edible Oil, 2020 - 2030F |
6.3.7 Brazil Metal Cans Market Revenues & Volume, By Medicinal Tablets and Syrups, 2020 - 2030F |
6.3.8 Brazil Metal Cans Market Revenues & Volume, By Industrial Chemicals, 2020 - 2030F |
6.3.9 Brazil Metal Cans Market Revenues & Volume, By Industrial Chemicals, 2020 - 2030F |
6.4 Brazil Metal Cans Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Brazil Metal Cans Market Revenues & Volume, By Food & Beverages, 2020 - 2030F |
6.4.3 Brazil Metal Cans Market Revenues & Volume, By Pharmaceutical Industry, 2020 - 2030F |
6.4.4 Brazil Metal Cans Market Revenues & Volume, By Consumers Goods, 2020 - 2030F |
6.4.5 Brazil Metal Cans Market Revenues & Volume, By Chemical, 2020 - 2030F |
7 Brazil Metal Cans Market Import-Export Trade Statistics |
7.1 Brazil Metal Cans Market Export to Major Countries |
7.2 Brazil Metal Cans Market Imports from Major Countries |
8 Brazil Metal Cans Market Key Performance Indicators |
9 Brazil Metal Cans Market - Opportunity Assessment |
9.1 Brazil Metal Cans Market Opportunity Assessment, By Material Type, 2020 & 2030F |
9.2 Brazil Metal Cans Market Opportunity Assessment, By Fabrication Type, 2020 & 2030F |
9.3 Brazil Metal Cans Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 Brazil Metal Cans Market Opportunity Assessment, By End User, 2020 & 2030F |
10 Brazil Metal Cans Market - Competitive Landscape |
10.1 Brazil Metal Cans Market Revenue Share, By Companies, 2023 |
10.2 Brazil Metal Cans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |