Brazil Flexible Packaging Market Size & Outlook, 2023-2030

The flexible packaging market in Brazil is expected to reach a projected revenue of US$ 11,659.1 million by 2030. A compound annual growth rate of 5.3% is expected of Brazil flexible packaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$8,142.4
Forecast, 2030 (US$M)
$11,659.1
CAGR, 2024 - 2030
5.3%
Report Coverage
Brazil

Brazil flexible packaging market highlights

  • The Brazil flexible packaging market generated a revenue of USD 8,142.4 million in 2023 and is expected to reach USD 11,659.1 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
  • In terms of segment, plastics was the largest revenue generating raw material in 2023.
  • Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.


Flexible packaging market data book summary

Market revenue in 2023USD 8,142.4 million
Market revenue in 2030USD 11,659.1 million
Growth rate5.3% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentBioplastics
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Paper, Metal, Bioplastics
Key market players worldwideAmcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.0% of the global flexible packaging market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 11,659.1 million by 2030.

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Flexible Packaging Market Companies

Name Profile # Employees HQ Website

Brazil flexible packaging market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.


Plastics was the largest segment with a revenue share of 70.85% in 2023. Horizon Databook has segmented the Brazil flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.


The Brazilian market for flexible packaging is driven by several companies engaged in scaling up the production of flexible packaging for various end-use industries such as food & beverage, pharmaceutical, and others. For instance, in March 2023, Heineken collaborated with Val group to develop shrink films with 30% recycled resins for alcoholic beverages across the country.

In June 2022, Innovia Films, a packaging manufacturer from Brazil, launched Rayo Wrap CMS shrink films for wraparound applications in food & beverage industries. Such strategic initiatives are expected to drive the demand for flexible packaging over the forecast period 2023–2030.

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Target buyers of Brazil flexible packaging market databook

  • Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Brazil flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil flexible packaging market size, by raw material, 2018-2030 (US$M)

Brazil Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)

Brazil flexible packaging market size, by raw material, 2018-2030 (US$M)

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