Latin America Confectionery Packaging Market Size & Outlook
The confectionery packaging market in Latin America is expected to reach a projected revenue of US$ 1,446.2 million by 2030. A compound annual growth rate of 3.7% is expected of Latin America confectionery packaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,121.6
Forecast, 2030 (US$M)
$1,446.2
CAGR, 2024 - 2030
3.7%
Report Coverage
Latin America
Latin America confectionery packaging market, 2018-2030 (US$M)
Latin America confectionery packaging market highlights
- The Latin America confectionery packaging market generated a revenue of USD 1,121.6 million in 2023.
- The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 1,121.6 million |
| Market revenue in 2030 | USD 1,446.2 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible |
| Key market players worldwide | Amcor 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 2023.
- 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 5,012.4 million by 2030.
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Confectionery Packaging Market Scope
Confectionery packaging market segmentation & scope
Stick Packs & Sachets
Liners
Pouches
Rigid
Folding Cartons
Corrugated Boxes
Trays
Containers
Material
Plastic
Paper & Paperboard
Metal
Glass
Aluminum Foil
Application
Chocolate Confectionary
Contlines
Slabs/Bars/Blocks
Boxed Assortments
Tablets
Others
Sugar Confectionary
Gums, Jellies & Pastilles
Medicated Confectionary
Mints
Boiled Sweets
Toffees, Caramel, & Nougats
Lollipops
Others
Gums
Chewing Gums
Bubble Gums
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Australia
China
India
Japan
South Korea
Thailand
Indonesia
Malaysia
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Confectionery Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America confectionery packaging market
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