Latin America Packaging Materials Market Size & Outlook
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Latin America packaging materials market highlights
- The Latin America packaging materials market generated a revenue of USD 37.6 billion in 2024.
- The market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, rigid plastics was the largest revenue generating material in 2024.
- Paper & Paperboard 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 2025 to 2030.
Latin America data book summary
Market revenue in 2024 | USD 37.6 billion |
Market revenue in 2030 | USD 51.3 billion |
Growth rate | 5.2% (CAGR from 2025 to 2030) |
Largest segment | Rigid plastics |
Fastest growing segment | Paper & Paperboard |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Rigid Plastics, Flexible Plastics, Paper & Paperboard, Metal, Glass, Wood |
Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, A-Roo, Flexpak, Amerplast, Ajover, 3M Co, Graham Packaging, Tetra Pak, Honeywell International Inc, International Paper Co, Sonoco Products Co, WestRock Co, DS Smith PLC, Berry Global Group Inc, Avery Dennison Corp, CCL Industries Inc Registered Shs -B- Non Vtg, Mayr-Melnhof Karton AG, ProAmpac |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global packaging materials market in 2024.
- 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 383.2 billion by 2030.
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Packaging Materials Market Scope
Packaging Materials Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
Ajover | View profile | 501-1000 | Bogotá, Distrito Especial, Colombia, South America | https://www.ajover.co/ |
Amerplast | View profile | 251-500 | Tampere, Western Finland, Finland, Europe | http://www.amerplast.com/ |
A-Roo | View profile | 11-50 | Strongsville, Ohio, United States, North America | https://www.a-roo.com |
Tetra Pak | View profile | 10001+ | Denton, Texas, United States, North America | http://www.tetrapak.com |
Flexpak | View profile | - | Woods Cross, Utah, United States, North America | https://flexpak.net |
ProAmpac | View profile | 5001-10000 | Cincinnati, Ohio, United States, North America | http://www.proampac.com/ |
Mayr-Melnhof Karton AG | View profile | 14865 | Brahmsplatz 6, Vienna, Austria, A-1040 | https://www.mm.group |
DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
Graham Packaging | View profile | 10001+ | York, Pennsylvania, United States, North America | http://www.grahampackaging.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 |
CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Avery Dennison Corp | View profile | 35000 | 8080 Norton Parkway, Mentor, OH, United States, 44060 | https://www.averydennison.com |
3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
Latin America packaging materials 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 packaging materials market will help companies and investors design strategic landscapes.
Rigid plastics was the largest segment with a revenue share of 30.05% in 2024. Horizon Databook has segmented the Latin America packaging materials market based on rigid plastics, flexible plastics, paper & paperboard, metal, glass, wood covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America packaging materials market databook
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Our clientele includes a mix of packaging materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America packaging materials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America packaging materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America packaging materials market size, by country, 2018-2030 (US$B)
Latin America Packaging Materials Market Outlook Share, 2024 & 2030 (US$B)
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