Latin America Mailer Packaging Market Size & Outlook
Latin America mailer packaging market, 2018-2030 (US$M)
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Latin America mailer packaging market highlights
- The Latin America mailer packaging market generated a revenue of USD 1,508.7 million in 2023.
- The market is expected to grow at a CAGR of 16.4% from 2024 to 2030.
- In terms of segment, non-cushioned mailers was the largest revenue generating product in 2023.
- Cushioned Mailers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,508.7 million |
| Market revenue in 2030 | USD 4,373.4 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Non-cushioned mailers |
| Fastest growing segment | Cushioned Mailers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cushioned Mailers, Non-cushioned Mailers |
| Key market players worldwide | 3M Co, Sealed Air Corp, Crown Holdings Inc, Mondi PLC, Henkel AG & Co KGaA, Georgia-Pacific, Pregis, ProAmpac, Abriso Jiffy, Intertape polymer group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global mailer packaging market in 2023.
- 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 32,001.5 million by 2030.
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Mailer Packaging Market Scope
Mailer Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America mailer 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 mailer packaging market will help companies and investors design strategic landscapes.
Non-cushioned mailers was the largest segment with a revenue share of 66.04% in 2023. Horizon Databook has segmented the Latin America mailer packaging market based on cushioned mailers, non-cushioned mailers covering the revenue growth of each sub-segment from 2018 to 2030.
Mailer packaging market in Central & South America is experiencing significant growth owing to surged demand for this packaging from the food and beverage industry of the region. Countries such as Brazil, Argentina, and Chile, with well-established tomato puree processing plants, are witnessing increased demand for mailer packaging.
It is because processed food products and beverages, including tomato puree and fruit juice concentrates, being manufactured in these countries require effective barriers against oxygen and moisture to prevent their spoilage, especially during exports.
Several strategic initiatives undertaken by regional mailer packaging manufacturers further contribute to the growth of the market in Central & South America. For instance, Toray Plastics (America), Inc. launched Toray Label Film in September 2022 that is specifically designed for packing pharmaceuticals and cosmetic products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mailer packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mailer packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America mailer packaging market size, by country, 2018-2030 (US$M)
Latin America Mailer Packaging Market Outlook Share, 2023 & 2030 (US$M)
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