Latin America Returnable Packaging Market Size & Outlook
Latin America returnable packaging market, 2018-2030 (US$M)
Related Markets
Latin America returnable packaging market highlights
- The Latin America returnable packaging market generated a revenue of USD 8,379.0 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material 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 8,379.0 million |
| Market revenue in 2030 | USD 12,438.6 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.3% of the global returnable 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 67,590.3 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 63.56% in 2023. Horizon Databook has segmented the Latin America returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Central and South America have various developing economies like Brazil, Argentina, Peru, and Colombia. Increasing investments in the industries such as Automobiles, Pharmaceutical, and Healthcare is expected to drive the demand for returnable packaging in the region.
Increasing demand for packaged food and beverage in the countries like Brazil and Argentina are driven by the increasing population, higher urbanization rate, and rising income levels.
Demand for sustainable packaging solutions from the organized sector and rising e-commerce business in the region are responsible for market growth. Innovative solutions for bulk packaging to cut down the cost has always been challenging for the various companies.
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Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America returnable packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America returnable packaging market size, by country, 2018-2030 (US$M)
Latin America Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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