Press release
Latin America Beer Cans Market 2021 Size, Status and Growth Outlook - Ball Corporation, Crown Holdings, Inc., Ardagh Group, CCL Container, Mexico
The Latin America Beer Cans Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Latin America Beer Cans Market is estimated to grow at a CAGR of about 4% over the forecast period 2020 to 2025.
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Top Leading Companies of Latin America Beer Cans Market are Ball Corporation, Crown Holdings, Inc., Ardagh Group, CCL Container, Mexico, Anheuser-Busch Packaging Group Inc. and others.
Industry News and Updates
September 2019 - Mason Ale Works expands its distribution to Latin America by partnering with Velour Imports. The distribution coverage area includes the 41 countries from the top of the Caribbean down to Latin America, providing the consumption of craft beer to the customers. This leads to significant demand for beer cans for packaging.
Key Market Trends
Aluminium Can to Hold a Significant Share in Brazil
- Beer is one of the significant consumed alcoholic beverages in Brazil, with approximately 14 million km/year, and it is among the top-five beer producers in the world. Almost 98% of beer consumption in Brazil is a light beer.
- In the Latin America market, Brazil contributes to the growth of metal cans through the presence of 889 registered breweries, with the country producing 16,968 products (mainly contributing cans and bottles), approximately 6,800 of which were registered in 2018 as per Ministry of Agriculture, Livestock, and Food Supply (MAPA)._ This significantly raises the production of aluminum cans.
- In June 2019, Ambev SA, the Latin American unit of Anheuser Busch InBev, reported a better-than-expected 8.5% rise in second-quarter net profit, triggering substantial gains in its shares. The company also claims that cans are gaining space over glass bottles in some markets, including Brazil._
- Further, Abralatas (the Brazilian Association of Aluminum Can Manufacturers) represents the interests of Brazilian can manufacturers, most notably Ardagh, Ball, Can pack, and Crown Embalagens. These can-makers are getting rapid growth in demand for aluminum cans from the brewing sector. Moreover, as per demand from major breweries, there is surging demand in Brazil for cans for packaging craft beers. In recent months in 2019, more than 300 new breweries were launched in Brazil.
Regional Outlook of Latin America Beer Cans Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Latin America Beer Cans Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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