Latin America Food Packaging Market Size & Outlook
Latin America food packaging market, 2018-2030 (US$M)
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Latin America food packaging market highlights
- The Latin America food packaging market generated a revenue of USD 24,588.2 million in 2024.
- The market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2024.
- Flexible is the most lucrative type 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 2024 | USD 24,588.2 million |
| Market revenue in 2030 | USD 34,087.9 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid, Semi-rigid, Flexible |
| Key market players worldwide | Amcor PLC, Sealed Air Corp, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Mondi PLC, Genpak, Pactiv Evergreen Inc Ordinary Shares, Winpak Ltd, Alpha Packaging, Packaging Corp of America, Emmerson Resources Ltd, ProAmpac |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global food packaging market in 2024.
- Globally, Asia Pacific 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 248,130.3 million by 2030.
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Food Packaging Market Scope
Food Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America food 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 food packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 43.21% in 2024. Horizon Databook has segmented the Latin America food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
Food preferences have undergone a gradual transition over the past few years. Though meat, especially beef is an important part of the daily diet of people in Central & South America, increasing awareness among consumers regarding their health and the importance of consuming fresh and immunity-boosting foods, is expected to increase the demand for packaged fruits & vegetables in the coming years.
Furthermore, these shifting consumption habits of the population in the region are also likely to attract foreign investments into the food packaging market in the coming years, thus boosting the growth of the Central & South American food packaging market over the forecast period.
Moreover, increasing efforts by food packaging companies to use recycled plastic as an alternative to conventionally used single-use plastics to reduce environmental pollution and increase sustainability in food packaging solutions are further expected to augment the growth of the food packaging market in Central & South America over the forecast period.
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Our clientele includes a mix of food packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America food packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America food packaging market size, by country, 2018-2030 (US$M)
Latin America Food Packaging Market Outlook Share, 2024 & 2030 (US$M)
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