Market revenue in 2023 | USD 8,142.4 million |
Market revenue in 2030 | USD 11,659.1 million |
Growth rate | 5.3% (CAGR from 2023 to 2030) |
Largest segment | Plastics |
Fastest growing segment | Bioplastics |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastics, Paper, Metal, Bioplastics |
Key market players worldwide | Amcor 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 |
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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.
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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