Argentina Food Wrap Market Size & Outlook, 2024-2030
Argentina food wrap market, 2018-2030 (US$M)
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Argentina food wrap market highlights
- The Argentina food wrap market generated a revenue of USD 69.3 million in 2023 and is expected to reach USD 115.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Food wrap market data book summary
| Market revenue in 2023 | USD 69.3 million |
| Market revenue in 2030 | USD 115.1 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Paper |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic Foil, Aluminum Foil, Paper |
| Key market players worldwide | Amcor PLC, Berry Global Group Inc, Huhtamaki, Reynolds Consumer Products Inc Ordinary Shares, ProAmpac, Mitsubishi Chemical Group Corp, Georgia-Pacific Packaging & Cellulose, Veritiv, Pixelle Specialty Solutions, Ahlstrom-Munksjö |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global food wrap market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil food wrap 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 213.0 million by 2030.
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Food Wrap Market Scope
Food Wrap Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina food wrap 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 wrap market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 50.51% in 2024. Horizon Databook has segmented the Argentina food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
The food service industry in Argentina encompasses a wide range of establishments, from traditional parrillas (steakhouses) and cafes to international fast-food chains and high-end restaurants. In recent years, there has been a growing trend toward healthier and more sustainable dining options, with an increasing number of vegetarian and vegan restaurants opening in major cities such as Buenos Aires and Córdoba.
This trend is expected to drive the demand for eco-friendly and versatile food packaging solutions. Food wraps made from sustainable materials, such as compostable films or recycled paper, are expected to align with these preferences, supporting market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina food wrap market , including forecasts for subscribers. This country databook contains high-level insights into Argentina food wrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina food wrap market size, by material, 2018-2030 (US$M)
Argentina Food Wrap Market Outlook Share, 2024 & 2030 (US$M)
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