Central America Aluminium Cans Market Report and Forecast 2024-2032

Central America Aluminium Cans Market Outlook

The Central America aluminium cans market size reached nearly USD 162.65 million in 2023. The market is projected to grow at a CAGR of 3.5% between 2024 and 2032 to reach a value of around USD 220.61 million by 2032.

Key Trends in the Market

An aluminium can refers to a type of lightweight container made up of aluminium. It is a single-use can which possesses low density and excellent thermal conductivity. It is a recyclable product which is easy to handle.

• A swift transition from traditional non-renewable to recyclable packaging materials is driving the demand for aluminium cans in the region as it is infinitely recyclable.

• Growing demand for premium alcoholic beverages and soft drinks, supported by healthy economic growth across the region, is further fuelling the Central America aluminium cans market growth.

• The excellent shipping and storage efficiency of aluminium cans, along with the advantage of 360-degree labelling, makes them ideal components in the packaging sector. They are also used to enhance the effectiveness of branding and advertising of beverages by increasing the visibility of brand logos.

Market Analysis

Based on size, the Central America aluminium cans market segmentation includes 12 Oz, and 16 Oz, among others. On the basis of application, the market is classified into beer, and soft drinks, among others. The major countries included in the Central America market for aluminium cans include Guatemala, El Salvador, Panama, and Caribbean Nation, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Central America aluminium cans market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Ball Corporation 

• Crown Holding, Inc.

• Ardagh Group S.A.

• Canpack S.A. 

• Silgan Containers LLC

• Novelis Aluminum 

• Saxco International LLC

• Envases Group

• Grupo Zapata

• Others

Market Share by Application

Beer accounts for a healthy portion of the Central America aluminium cans market share. This can be attributed to the increasing demand for crafted beers across the region. Additionally, the excellent thermal properties of aluminium cans enable beer to remain chilled for a long period of time as compared to other packaging materials while improving its flavour profile.

Over the forecast period, the anticipated increase in the availability of canned beers, owing to the rapid urbanisation across the region, is expected to boost the segment’s growth.

Market Share by Country

According to the Central America aluminium cans market analysis, Panama holds a significant share of the market. Heightened demand for alcoholic drinks across the country, fuelled by the thriving e-commerce sector, is driving the market growth.

Meanwhile, Guatemala is likely to offer lucrative expansion opportunities to the market in the forecast period owing to the emergence of social recycling campaigns across the nation, encouraging the use of recycled aluminium cans. The rising demand for packaging with innovative designs, colours, and prints is expected to be a crucial Central America aluminium cans market trend in the forecast period.

Competitive Landscape

Ball Corporation is a leading supplier of sustainable aluminium packaging materials that caters to the packaging demands of various sectors. The company was established in 1880 and is headquartered in Colorado, the United States.

Crown Holding, Inc. is a leading manufacturer of metal cans. It provides metal beverage and food cans, and metal aerosol containers, among other products. It was founded in 1892 and is headquartered in Pennsylvania, the United States.

Grupo Zapata is a company which produces sophisticated metal packaging products. Founded in 1926 and headquartered in Mexico City, Mexico, this company has a wide presence across several countries.

Other Central America aluminium cans market players include Canpack S.A., Silgan Containers LLC, Novelis Aluminum, Saxco International LLC, Envases Group, and Ardagh Group S.A., among others.

Key Highlights of the Report