Brazil Fresh Food Packaging Market Size & Outlook, 2020-2028
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Brazil fresh food packaging market highlights
- The Brazil fresh food packaging market generated a revenue of USD 3.6 billion in 2020 and is expected to reach USD 5.5 billion by 2028.
- The Brazil market is expected to grow at a CAGR of 5.4% from 2021 to 2028.
- In terms of segment, rigid was the largest revenue generating type in 2020.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Fresh food packaging market data book summary
| Market revenue in 2020 | USD 3.6 billion |
| Market revenue in 2028 | USD 5.5 billion |
| Growth rate | 5.4% (CAGR from 2020 to 2028) |
| Largest segment | Rigid |
| Fastest growing segment | Flexible |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Rigid, Flexible |
| Key market players worldwide | Amcor PLC, DS Smith PLC, Mondi PLC, Coveris, Transcontinental Inc Shs -A- Voting Subord., Constantia Flexibles, Sealed Air Corp, Sonoco Products Co, Huhtamäki Oyj, Clondalkin Group, ProAmpac, Genpak, Winpak Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.9% of the global fresh food packaging market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil fresh food packaging market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 5.5 billion by 2028.
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Fresh Food Packaging Market Scope
Fresh Food Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ProAmpac | View profile | 5001-10000 | Cincinnati, Ohio, United States, North America | http://www.proampac.com/ |
| Winpak Ltd | View profile | 2753 | 100 Saulteaux Crescent, Winnipeg, MB, Canada, R3J 3T3 | https://www.winpak.com |
| Clondalkin Group | View profile | 1001-5000 | Utrecht, Utrecht, The Netherlands, Europe | http://www.clondalkingroup.com/ |
| Coveris | View profile | 5001-10000 | Chicago, Illinois, United States, North America | http://www.coveris.com/ |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | https://tctranscontinental.com |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | http://www.genpak.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | http://www.cflex.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
| Sealed Air Corp | View profile | 17000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | https://www.sealedair.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Huhtamäki Oyj | View profile | 17868 | Revontulenkuja 1, Espoo, Finland, 02100 | https://www.huhtamaki.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
Brazil fresh food 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 fresh food packaging market will help companies and investors design strategic landscapes.
Rigid was the largest segment with a revenue share of 52.78% in 2020. Horizon Databook has segmented the Brazil fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
Brazil emerged as the largest market in Latin America and is expected to witness significant growth on account of skyrocketing retail fresh food sales in the country and a large number of fresh food packaging 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 put strong pressure on the fresh food packaging demand in Brazil.
Consumers are looking for low-cost packaging solutions due to adverse economic conditions. As the unfavorable economic scenario, due to the COVID 19 pandemic, has reduced the disposable incomes of many consumers, most consumers want to make sure that they are not wasting any food products and are using them to their maximum potential.
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Our clientele includes a mix of fresh food packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil fresh food packaging market , including forecasts for subscribers. This country databook contains high-level insights into Brazil fresh food packaging market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil fresh food packaging market size, by flexible, 2017-2028 (US$M)
Brazil Fresh Food Packaging Market Outlook Share, 2020 & 2028 (US$M)
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