Latin America Wrapping Machine Market Size & Outlook
The wrapping machine market in Latin America is expected to reach a projected revenue of US$ 246.0 million by 2030. A compound annual growth rate of 7% is expected of Latin America wrapping machine market from 2025 to 2030.
Revenue, 2024 (US$M)
$164.9
Forecast, 2030 (US$M)
$246.0
CAGR, 2025 - 2030
7%
Report Coverage
Latin America
Related Markets
Latin America wrapping machine market highlights
- The Latin America wrapping machine market generated a revenue of USD 164.9 million in 2024.
- The market is expected to grow at a CAGR of 7% from 2025 to 2030.
- In terms of segment, stretch was the largest revenue generating type in 2024.
- Shrink 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 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 164.9 million |
| Market revenue in 2030 | USD 246.0 million |
| Growth rate | 7% (CAGR from 2025 to 2030) |
| Largest segment | Stretch |
| Fastest growing segment | Shrink |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stretch, Shrink |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global wrapping machine 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 1,535.9 million by 2030.
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Wrapping Machine Market Scope
Wrapping machine market segmentation & scope
Wrapping Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Matco International | View profile | 11-50 | Deventer, Overijssel, The Netherlands, Europe | https://matco-international.com/ |
| Durapak | View profile | 51-100 | https://durapak.in/ | |
| Phoenix Wrappers | View profile | 101-250 | Laval, Quebec, Canada, North America | http://www.phoenixwrappers.com/ |
| Lantech | View profile | 501-1000 | Louisville, Kentucky, United States, North America | https://www.lantech.com |
| Orion Packaging Systems | View profile | 251-500 | Alexandria, Minnesota, United States, North America | https://www.orionpackaging.com/ |
| Robopac | View profile | 1001-5000 | Verucchio, Emilia-Romagna, Italy, Europe | https://robopac.com |
| ProMach | View profile | 1001-5000 | Covington, Kentucky, United States, North America | https://www.promachinc.com |
| Syntegon Technology | View profile | 5001-10000 | Waiblingen, Baden-Wurttemberg, Germany, Europe | https://www.syntegon.com/ |
| Coesia | View profile | 5001-10000 | Bologna, Emilia-Romagna, Italy, Europe | http://www.coesia.com |
| IMA Group | View profile | 5001-10000 | Castenaso, Emilia-Romagna, Italy, Europe | https://www.ima.it/ |
Latin America wrapping machine market size, by country, 2018-2030 (US$M)
Latin America Wrapping Machine Market Outlook Share, 2024 & 2030 (US$M)
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