Latin America Protective Packaging Market Size & Outlook
Latin America protective packaging market, 2018-2030 (US$M)
Related Markets
Latin America protective packaging market highlights
- The Latin America protective packaging market generated a revenue of USD 2,799.3 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Rigid 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,799.3 million |
| Market revenue in 2030 | USD 3,417.9 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Rigid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible, Foam, Rigid |
| Key market players worldwide | Sealed Air Corp, Sonoco Products Co, Smurfit Kappa Group PLC, WestRock Co, Huhtamäki Oyj, DS Smith PLC, Pregis, Pro-Pac Packaging (Aust) Pty Ltd, Dow Inc, Intertape polymer group, Storopack, International Paper Co, EcoEnclose, Point Five Packaging, Universal Protective Packaging |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.9% of the global protective 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 23,057.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America protective 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 protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 64.55% in 2023. Horizon Databook has segmented the Latin America protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
In terms of volume, protective packaging demand in Central & South America was estimated at 1,365.9 million tons in 2016 and is anticipated reach demand by 1,778.7 million tons by 2025, expanding at a rate of 3.0% over the forecast period.
Rising disposable income of the middle class population and robust growth in retail industry is driving the growth of the market. In terms of revenue, protective packaging market was valued at USD 2,468.0 million in 2016.
Reasons to subscribe to Latin America protective packaging market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America protective packaging market databook
-
Our clientele includes a mix of protective packaging market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America protective packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America protective packaging market size, by country, 2018-2030 (US$M)
Latin America Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
