Market Share of Latin America Food Cans Industry
The market is semi-consolidated and consists of a few major players, such as Crown Holdings Inc., Canpack Group, Trivium Packaging, CCL Containers Mexico, and Sonoco Products Company. These companies are focused on innovating new solutions through investments, collaborations, mergers and acquisitions, etc., to expand their regional business.
- May 2024: Mauser Packaging Solutions, a global supplier of rigid packaging products and services, announced that its wholly-owned subsidiary, BWAY Corporation, completed its acquisition of Taenza SA de CV, based in Mexico. Taenza’s manufacturing capability and strong local presence in the Mexican markets will enable the company to succeed.
- August 2023: Sonoco Products Company and Ball Corporation signed a long-term agreement for Sonoco to provide all of Ball's requirements for easy-open, full-panel ends for food cans. Sonoco will provide the ends through its Sonoco Phoenix business unit. Further, the companies will jointly market and sell food cans with easy-open ends.
Latin America Food Cans Market Leaders
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Crown holdings, Inc.
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Canpack Group
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Trivium Packaging
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CCL Containers, Mexico
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Sonoco Products Company
*Disclaimer: Major Players sorted in no particular order