Market revenue in 2023 | USD 1,270.7 million |
Market revenue in 2030 | USD 1,977.7 million |
Growth rate | 6.5% (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, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
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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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 64.05% in 2023. Horizon Databook has segmented the Brazil pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil emerged as the largest pouches market in Central and South America in 2020 and is expected to witness significant growth on account of skyrocketing retail sales in the country and a large number of processed food manufacturers, distributors, and retailers exploring ways to expand their businesses in the region to have access to the fast-growing market.
However, escalating currency exchange rates, increasing production cost of packaging, and low disposable income due to economic slowdown are expected to hinder market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pouches market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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