South America Metal Cans Market – Size, Trends and Forecast (2024 – 2032)

Packaging includes the activities of designing and producing container or wrapper for a product.  Metal is a substance with high electrical conductivity and malleable properties, which readily loses electrons to form positive ions. Metal cans are made up of materials such as tin, steel, aluminium and further substitutes. They are steel cans with a thin coating on the inside and outside to protect the product from rust, abrasion and to provide improved handling. The benefits related to metal cans includes safety, sustainable, convenient, and fully recyclable without the loss of its quality and others.

South America Metal Cans Market Size & Growth:

The South America Metal Cans Market size is estimated to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast period of 2018-2024. The Key factors that drive the growth of the market include increasing usage of metal cans in the packaging of food & beverages, rising disposable incomes and changing lifestyles, increasing the inclination of individuals towards the usage of canned products, recycling properties of metal cans without losing the quality of the product and others. Major restraints for the metal cans market include fluctuations in raw material prices coupled with rising demand for substitute materials such as plastic, paper etc.

Due to increasing consumer awareness towards the non-carcinogenic materials coupled with rising demand for lightweight packaging materials are estimated to drive the market growth. Growing demand for flourished soft drinks including carbonated soft drinks