Latin America Gift Wrapping Products Market Size & Outlook
Latin America gift wrapping products market, 2015-2025 (US$M)
Related Markets
Latin America gift wrapping products market highlights
- The Latin America gift wrapping products market generated a revenue of USD 942.4 million in 2018.
- The market is expected to grow at a CAGR of 4.2% from 2019 to 2025.
- In terms of segment, paper & board was the largest revenue generating raw material in 2018.
- Paper & board is the most lucrative raw material segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2018 | USD 942.4 million |
| Market revenue in 2025 | USD 1,261.1 million |
| Growth rate | 4.2% (CAGR from 2018 to 2025) |
| Largest segment | Paper & board |
| Fastest growing segment | Paper & board |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & board, Plastic |
| Key market players worldwide | Hallmark Cards Plc, Card Factory PLC, Mondi PLC, IG Design Group PLC, DS Smith PLC, Karl Knauer, Valtenna |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global gift wrapping products market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,168.6 million by 2025.
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Gift Wrapping Products Market Scope
Gift Wrapping Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America gift wrapping products 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 gift wrapping products market will help companies and investors design strategic landscapes.
Paper & board was the largest segment with a revenue share of 72% in 2018. Horizon Databook has segmented the Latin America gift wrapping products market based on paper & board, plastic covering the revenue growth of each sub-segment from 2015 to 2025.
The region is expected to account for a revenue share of 6.2% in the global market by 2028. Economically, countries in South America have been witnessing record rates of the population moving out of poverty to middle-income groups. According to the World Bank, over the last decade, 50 million people entered the middle-income bracket, with a USD 10–50 per capita per day, with most of them being young income earners. This hints at a rise in consumer spending, which bodes well for the giftwrapping products market in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America gift wrapping products market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America gift wrapping products market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Latin America gift wrapping products market
Latin America Gift Wrapping Products Market Share, 2018 & 2025 (US$M)
Latin America gift wrapping products market
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