Market Forecast By Material (Aluminum , Steel), By Type (2-Piece , 3-Piece), By Degree of Internal Pressure (Pressurized Cans , Vacuum Cans) And Competitive Landscape
Product Code: ETC4547763 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Food & Beverage Metal Cans Market report thoroughly covers the market by material, type, and degree of internal pressure. The Brazil Food & Beverage Metal Cans Market report provides an unbiased and detailed analysis of the ongoing Brazil Food & Beverage Metal Cans 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 Food & Beverage Metal Cans Market has accomplished major success and is projected to attain more in the coming years. The market is experiencing strong expansion, fuelled by increased interest in canned food and drinks, convenience, and environmental considerations. This sector includes aluminium and steel cans, with aluminium cans particularly growing due to their lightweight and recyclability.
According to 6Wresearch, Brazil Food & Beverage Metal Cans Market size is expected to grow at a significant CAGR of 3.8% during the forecast period 2024-2030. A significant force driving the Brazil Food & Beverage Metal Cans Market is the increasing consumer demand for convenience and eco-friendly solutions. Canned food and beverages are favoured for their ease of use, portability, and extended shelf life, aligning with modern busy lifestyles. This trend is amplified by a growing emphasis on sustainability, with metal cans, particularly aluminum ones, gaining popularity due to their recyclability and reduced environmental footprint compared to alternative packaging materials.
However, the Brazil Food & Beverage Metal Cans Market faces hurdles such as fluctuating raw material prices, particularly for aluminum, which can impact production costs. Regulatory compliance regarding packaging materials and recycling standards presents another hurdle, requiring continuous adaptation to meet environmental regulations. Additionally, competition from alternative packaging solutions like plastics and cartons, along with changing consumer preferences and demands for innovative packaging designs, presents a constant challenge for market players to maintain competitiveness and market share.
Some of the leading players in the Brazil Food & Beverage Metal Cans Market include Crown Holdings Inc., Ball Corporation, Ardagh Group, Can-Pack S.A., and Silgan Holdings Inc. These companies are known for their strong market presence, extensive product portfolios, technological innovations in packaging solutions, and strategic initiatives such as mergers, acquisitions, and partnerships to expand their market reach. They also prioritise sustainability by investing in recyclable
Government regulations in the Brazil Food & Beverage Metal Cans Market encompass various aspects, including packaging standards, environmental sustainability, and health and safety measures. Regulatory bodies like the National Health Surveillance Agency (ANVISA) enforce standards for food and beverage packaging materials to ensure product safety and quality. Additionally, environmental regulations focus on promoting sustainable practices, such as recycling and waste management, to minimise the environmental impact of packaging materials, particularly metals like aluminum used in cans.
The Brazil Food & Beverage Metal Cans Market has been experiencing significant growth over the past few years. The market is anticipated for a bright future, driven by several significant trends and factors. The increasing focus on sustainability and environmentally friendly packaging will fuel the acceptance of metal cans, particularly aluminum, known for its recyclability and minimal environmental impact. Ongoing innovations in packaging design and technology, such as lighter yet durable cans with enhanced functionality, will further drive market expansion.
According to Ravi Bhandari, Head of Research, 6Wresearch, Aluminium's lightweight, recyclability, and cost-effectiveness make it a preferred choice for beverage companies. This segment is expected to dominate the market due to the increasing demand for carbonated soft drinks, energy drinks, and canned beer.
On the basis of type, in terms of dominance, historically, 2-piece cans have been more prevalent in the market due to their lower production costs and higher speed of production. However, 3-piece cans are gaining growth due to their flexibility, ability to withstand higher pressures, and suitability for a wider range of products, including certain beverages and food items that require airtight packaging.
On the basis of degree of internal pressure, pressurised cans are anticipated to hold a dominant position. This is primarily due to their extensive use in packaging beverages, where the internal pressure can help preserve the content freshness and extend its shelf life. Carbonated drinks, such as sodas and sparkling waters, heavily rely on pressurised cans for their distribution and storage.
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 Food & Beverage Metal Cans Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Food & Beverage Metal Cans Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Food & Beverage Metal Cans Market - Industry Life Cycle |
3.4 Brazil Food & Beverage Metal Cans Market - Porter's Five Forces |
3.5 Brazil Food & Beverage Metal Cans Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.6 Brazil Food & Beverage Metal Cans Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Brazil Food & Beverage Metal Cans Market Revenues & Volume Share, By Degree of Internal Pressure, 2020 & 2030F |
4 Brazil Food & Beverage Metal Cans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Food & Beverage Metal Cans Market Trends |
6 Brazil Food & Beverage Metal Cans Market, By Types |
6.1 Brazil Food & Beverage Metal Cans Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By Material, 2020 - 2030F |
6.1.3 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By Aluminum , 2020 - 2030F |
6.1.4 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By Steel, 2020 - 2030F |
6.2 Brazil Food & Beverage Metal Cans Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By 2-Piece , 2020 - 2030F |
6.2.3 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By 3-Piece, 2020 - 2030F |
6.3 Brazil Food & Beverage Metal Cans Market, By Degree of Internal Pressure |
6.3.1 Overview and Analysis |
6.3.2 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By Pressurized Cans , 2020 - 2030F |
6.3.3 Brazil Food & Beverage Metal Cans Market Revenues & Volume, By Vacuum Cans, 2020 - 2030F |
7 Brazil Food & Beverage Metal Cans Market Import-Export Trade Statistics |
7.1 Brazil Food & Beverage Metal Cans Market Export to Major Countries |
7.2 Brazil Food & Beverage Metal Cans Market Imports from Major Countries |
8 Brazil Food & Beverage Metal Cans Market Key Performance Indicators |
9 Brazil Food & Beverage Metal Cans Market - Opportunity Assessment |
9.1 Brazil Food & Beverage Metal Cans Market Opportunity Assessment, By Material, 2020 & 2030F |
9.2 Brazil Food & Beverage Metal Cans Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Brazil Food & Beverage Metal Cans Market Opportunity Assessment, By Degree of Internal Pressure, 2020 & 2030F |
10 Brazil Food & Beverage Metal Cans Market - Competitive Landscape |
10.1 Brazil Food & Beverage Metal Cans Market Revenue Share, By Companies, 2023 |
10.2 Brazil Food & Beverage Metal Cans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |