Brazil Stretch And Shrink Films Market Size & Outlook
Brazil stretch and shrink films market, 2018-2030 (US$M)
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Brazil stretch and shrink films market highlights
- The Brazil stretch and shrink films market generated a revenue of USD 309.9 million in 2023 and is expected to reach USD 492.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, ldpe was the largest revenue generating resin in 2023.
- LDPE is the most lucrative resin segment registering the fastest growth during the forecast period.
Stretch and shrink films market data book summary
| Market revenue in 2023 | USD 309.9 million |
| Market revenue in 2030 | USD 492.6 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Ldpe |
| Fastest growing segment | LDPE |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LDPE, LLDPE, PVC |
| Key market players worldwide | Berry Global Group Inc, Amcor PLC, Bank of America Corp, Bollore SE, American Eagle Outfitters Inc, Coveris, AG Barr PLC |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global stretch and shrink films market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil stretch and shrink films market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 492.6 million by 2030.
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Stretch And Shrink Films Market Scope
Stretch And Shrink Films Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil stretch and shrink films 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 stretch and shrink films market will help companies and investors design strategic landscapes.
Ldpe was the largest segment with a revenue share of 34.3% in 2023. Horizon Databook has segmented the Brazil stretch and shrink films market based on ldpe, lldpe, pvc covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil market was hit by recession in the past 3 years with the GPD exhibiting a declining trend in 2015 and 2016, respectively. However, the market is expected to register a growth in the demand for stretch film due to a recovering food & beverage industry spurred by the economic recovery post2016.
In addition, the economy is characterized by the presence of a well-established food products manufacturing industry, accounting for a notable share of the demand for stretch films. The food retail sales market growth can be attributed to the presence of significant population base in Brazil.
The use of stretch films in the market was driven by product consumption by meat products industry for the direct packaging of processed meat, with the industry accounting for significant percentage of the total share of food & beverage sales through retail outlets.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil stretch and shrink films market , including forecasts for subscribers. This country databook contains high-level insights into Brazil stretch and shrink films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil stretch and shrink films market outlook size, by resin, 2018-2030 (US$M)
Brazil Stretch And Shrink Films Market Outlook Share, 2023 & 2030 (US$M)
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