Top 10 Companies in the Latin America Used Beverage Cans Market (2026): Market Leaders Powering Circular Packaging

The Latin America Used Beverage Cans market was valued at USD 876 million in 2025 and is projected to reach USD 1.23 billion by 2034, at a CAGR of 5.8% during the forecast period 2025-2034.

Latin America Used Beverage Cans Market – View in Detailed Research Report

Used beverage cans refer to aluminum cans that have been consumed and are collected for recycling, representing a valuable resource in the circular economy of packaging materials. The Latin America used beverage cans market is experiencing solid growth, driven by increasing aluminum recycling rates and the beverage industry’s sustainability initiatives. Brazil, Mexico, and Colombia account for 70% of the regional market. In 2023, the aluminum recycling industry processed 65% of used beverage cans in Latin America. The market saw an 18% increase in collection rates in 2023, driven by improved recycling infrastructure and consumer awareness. Use of recycled aluminum in new can production is growing at 10% annually. Key players are investing in advanced sorting and processing technologies, with a 25% year-over-year increase in capacity for high‑purity aluminum recovery. The industry is also witnessing a trend towards closed‑loop recycling systems, with a 30% rise in partnerships between beverage manufacturers and recyclers for direct can‑to‑can recycling programs.

Report Includes

🔟 1. Novelis Inc.

Headquarters: Atlanta, GA, USA
Key Offering: Recycled aluminum beverage cans

Novelis is the world’s leading aluminum rolling and recycling company, with a significant presence in Latin America through its Brazil and Mexico facilities. They supply high‑purity recycled aluminum to beverage manufacturers, enabling closed‑loop can production.

Sustainability Initiatives:

• 10% annual growth in recycled aluminum usage
• Partnership with Coca‑Cola for closed‑loop program
• Carbon reduction target of 30% by 2030

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🔟 2. Ball Corporation

Headquarters: San Diego, CA, USA
Key Offering: Aluminum beverage cans, packaging solutions

Ball’s Latin America division focuses on expanding its footprint in Brazil and Mexico, leveraging its proprietary can design and lightweight technology to reduce material usage.

Sustainability Initiatives:

• 12% increase in can production using recycled content
• Partnership with PepsiCo for can‑to‑can recycling
• Goal to achieve net‑zero emissions by 2035

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🔟 3. Ardagh Group

Headquarters: Paris, France
Key Offering: Aluminum beverage packaging

Ardagh’s Latin American operations supply a range of beverage cans to leading brands, emphasizing design innovation and lightweight solutions.

Sustainability Initiatives:

• 8% growth in recycled content usage
• Collaboration with local recyclers
• Target 25% reduction in CO₂ per unit by 2030

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🔟 4. Crown Holdings

Headquarters: Birmingham, AL, USA
Key Offering: Beverage cans and packaging solutions

Crown’s Latin America strategy revolves around integrating advanced sorting technologies and expanding recycling partnerships to secure a stable supply of high‑purity aluminum.

Sustainability Initiatives:

• 15% increase in high‑purity recovery capacity
• Partnership with Diageo for closed‑loop
• Aim to cut energy use by 20% by 2030

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🔟 5. Alcoa Corporation

Headquarters: Pittsburgh, PA, USA
Key Offering: Aluminum beverage cans and primary aluminum

Alcoa’s Latin American presence includes a major plant in Brazil that processes large volumes of used cans, supporting the region’s growing demand for recycled aluminum.

Sustainability Initiatives:

• 10% rise in recycled aluminum output
• Collaboration with local beverage brands
• Target 30% CO₂ reduction by 2035

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🔟 6. CMC Recycling

Headquarters: New York, NY, USA
Key Offering: Aluminum recycling services

CMC Recycling operates several recycling facilities in Mexico and Brazil, providing high‑purity aluminum recovery for beverage manufacturers.

Sustainability Initiatives:

• 18% increase in collection rates
• Partnership with local municipalities
• Goal to achieve zero waste to landfill by 2030

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🔟 7. Wise Recycling I, LLC

Headquarters: Austin, TX, USA
Key Offering: Aluminum recycling and waste management

Wise Recycling’s Latin American operations center on advanced sorting and high‑purity recovery, supporting beverage companies in meeting sustainability targets.

Sustainability Initiatives:

• 20% increase in high‑purity aluminum recovery
• Collaboration with Coca‑Cola
• Aim to reduce recycling processing emissions by 25% by 2030

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🔟 8. Alumina do Norte do Brasil S.A. (Alunorte)

Headquarters: Manaus, Brazil
Key Offering: Primary aluminum production from recycled feedstock

Alunorte’s plant in Brazil processes large volumes of used beverage cans, turning them into high‑purity aluminum for new cans.

Sustainability Initiatives:

• 12% increase in recycled aluminum output
• Partnership with local beverage manufacturers
• Target to cut energy intensity by 15% by 2030

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🔟 9. Norsk Hydro

Headquarters: Oslo, Norway
Key Offering: Aluminum beverage cans and packaging solutions

Norsk Hydro’s Latin America operations focus on supplying high‑purity aluminum to beverage brands, with a strong emphasis on recycling and circularity.

Sustainability Initiatives:

• 10% rise in recycled aluminum usage
• Partnership with local recyclers
• Goal to achieve net‑zero emissions by 2040

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🔟 10. Befesa Aluminium

Headquarters: Madrid, Spain
Key Offering: Aluminum beverage cans

Befesa’s Latin American strategy involves partnering with beverage manufacturers to develop closed‑loop programs, leveraging its advanced recycling facilities.

Sustainability Initiatives:

• 15% increase in recycled content
• Collaboration with local beverage brands
• Target to reduce CO₂ per unit by 20% by 2035

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🌍 Outlook: The Future of Latin America Used Beverage Cans Market Is Circular and Resilient

The region’s shift toward closed‑loop recycling is creating a more resilient supply chain for beverage manufacturers. As recycling infrastructure expands and consumer awareness grows, the demand for high‑purity recycled aluminum will rise, driving further investment in sorting and recovery technologies.

📈 Future Trends Shaping the Market

• Expansion of high‑purity recycling capacity to meet 10% annual growth in recycled content usage.
• Integration of digital tracking systems to map can flow from production to end‑of‑life.
• Increasing partnerships between beverage brands and recyclers to secure closed‑loop supply chains.
• Innovation in lightweight can design to reduce material intensity and energy consumption.
• Regulatory incentives and carbon pricing mechanisms that reward recycled content usage.