Latin America Confectionery Packaging Market Size & Outlook

The confectionery packaging market in Latin America is expected to reach a projected revenue of US$ 1,508.5 million by 2030. A compound annual growth rate of 9.8% is expected of Latin America confectionery packaging market from 2025 to 2030.
Revenue, 2024 (US$M)
$823.8
Forecast, 2030 (US$M)
$1,508.5
CAGR, 2025 - 2030
9.8%
Report Coverage
Latin America

Latin America confectionery packaging market, 2018-2030 (US$M)

Latin
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Latin America confectionery packaging market highlights

  • The Latin America confectionery packaging market generated a revenue of USD 823.8 million in 2024.
  • The market is expected to grow at a CAGR of 9.8% from 2025 to 2030.
  • In terms of segment, twist wrap was the largest revenue generating product in 2024.
  • Twist Wrap is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 823.8 million
Market revenue in 2030USD 1,508.5 million
Growth rate9.8% (CAGR from 2025 to 2030)
Largest segmentTwist wrap
Fastest growing segmentTwist Wrap
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTwist Wrap, Shrink Wrap, Pillow Pack Wrap, Tray Sealing, Flow Wrap, Stand-Up Bags
Key market players worldwideAmcor PLC, Smurfit Kappa Group PLC, Coveris, Huhtamaki, Constantia Flexibles, Printpack, Toppan Holdings Inc

Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.7% of the global confectionery packaging market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 5,228.2 million by 2030.

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Confectionery Packaging Market Scope

Confectionery packaging market segmentation & scope
Countries
U.S.
Canada
Mexico
Germany
UK
Italy
Spain
China
India
Japan
Australia
Brazil
South Africa
Saudi Arabia

Confectionery Packaging Market Companies

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Latin America confectionery packaging market size, by country, 2018-2030 (US$M)

Latin America Confectionery Packaging Market Outlook Share, 2024 & 2030 (US$M)

Latin America confectionery packaging market size, by country, 2018-2030 (US$M)

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