Market by Raw Material, Application, Type, Printing Technology, and Country Outlook | Forecast 2022-2028
According to Triton’s research, the flexible packaging market in Latin America is expected to register growth in revenue and volume at a CAGR of 4.31% and 3.22% in value and volume, respectively, over the forecasting years 2022-2028.
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The
countries calculated in the region are:
•
Brazil
•
Mexico
•
Rest of Latin America
In
Latin America, Brazil secures a major share in the flexible packaging market. The market is primarily supported by the rising
investments by private companies and government policies. Numerous private
players are establishing new facilities in the region, which is expected to
increase the demand for flexible packaging materials. Furthermore, innovations
in flexible packaging are likely to increase the adoption of these solutions
across numerous industries. Therefore, such developments are supporting the
overall development of the flexible packaging market.
Furthermore, in Brazil, the market is expected
to witness substantial growth over the forecast period due to the rising
middle-class population and higher disposable income. Brazil dominates in the
pet food segment, supporting the high demand for flexible solutions.
Furthermore, meat, poultry, frozen food, and pharmaceuticals have emerged as
major end-user industries employing flexible packaging. Over the years,
agriculture output has increased substantially across the country. Hence, these
factors are boosting the flexible packaging market on a growth path over the
forecast period.
The demand for increased shelf life and smaller
pack sizes has surged in Mexico. However, the price of certain goods is high,
hindering the market’s growth. Nevertheless, the high demand for vacuum-packed
fruits and vegetables, frozen meat, and dairy products create a demand for
flexible packaging solutions. Therefore, these factors are expected to create
various opportunities for the flexible packaging market over the forecast
period.
The stand-up pouches segment consists of box,
slider, zipper, and stand cap inverted pouches. These pouches provide an
advantage over traditional packaging solutions. Moreover, they require less
material, resulting in less wastage. The stand-up pouches demand is supported
by rising demand for packaged food and beverage. The market is assessed based on type, application, printing technology,
and raw material. The type segment includes rollstock, gusseted bags,
wicketed bags, stand-up pouches, and wraps.
The prominent companies in the flexible
packaging market include Hosokawa Yoko Co Ltd, Rengo Co Ltd, Takigawa
Corporation, Dai Nippon Printing Co Ltd, Michelman Japan LLC, Asahi Kasei,
Korpack Corporation, Mitsui Bussan Packaging Co Ltd, and Kohjin Film &
Chemicals Co Ltd.
Korpack Corporation is involved in selling rotogravure printing,
laminating, and converting flexible packaging products. They also offer design
services such as packaging design and branding services. The company also
offers food ingredients that include natural flavors and sauces, along with
instant noodle ingredients. Headquartered in South Korea, the company serves
clients across numerous regions, including Latin America.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the flexible packaging market revenue growth in Latin America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
● A wide-ranging study of factors that will challenge the LA
flexible packaging market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
Market Segmented By Type, Appl ..
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Market By Raw Material, End-us ..
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Market by Type, Raw Material, ..
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Market by Technology, Type, En ..
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Market by Type, Material, Indu ..
VIEW REPORT1. LATIN
AMERICA FLEXIBLE PACKAGING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE FLEXIBLE PACKAGING MARKET
2.2. KEY
INSIGHTS
2.2.1. FLEXIBLE
PLASTICS ARE A GOOD SUBSTITUTE FOR TRADITIONAL PACKAGING
2.2.2. IMPROVEMENTS
IN MANUFACTURING ACTIVITIES
2.2.3. ROTOGRAVURE
PRINTING IS EXPECTED TO SHOW HIGH GROWTH TRENDS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.6.1. MANUFACTURERS
2.6.2. DISTRIBUTORS
2.6.3. END-USER
2.7. KEY
MARKET STRATEGIES
2.7.1. MERGERS
& ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.7.3. PARTNERSHIPS
& AGREEMENTS
2.7.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. RISE
IN DEMAND FOR CONVENIENT PACKAGING
2.8.2. INCREASING
DEMAND FOR PROCESSED AND PACKAGED FOOD
2.8.3. NEED
FOR IMPROVED SHELF LIFE
2.9. MARKET
CHALLENGES
2.9.1. CHALLENGES
IN RECYCLING FLEXIBLE PACKAGING PRODUCTS
2.9.2. HIGH
OPERATIONAL COST
2.9.3. INCREASING
RAW MATERIAL COSTS
2.10. MARKET
OPPORTUNITIES
2.10.1 GROWING
DEMAND FOR SUSTAINABLE PACKAGING SOLUTIONS
2.10.2 INCREASED DEMAND FROM THE E-COMMERCE INDUSTRY
3. LATIN
AMERICA FLEXIBLE PACKAGING MARKET – BY RAW MATERIAL (REVENUE IN $ BILLION &
VOLUME IN KILOTON)
3.1. PAPER
3.2. ALUMINUM
3.3. BIOPLASTIC
3.4. PLASTIC
4. LATIN
AMERICA FLEXIBLE PACKAGING MARKET – BY APPLICATION (REVENUE IN $ BILLION &
VOLUME IN KILOTON)
4.1. FOOD
& BEVERAGE
4.2. PHARMACEUTICAL
4.3. COSMETICS
4.4. OTHERS
5. LATIN
AMERICA FLEXIBLE PACKAGING MARKET – BY TYPE (REVENUE IN $ BILLION)
5.1. STAND-UP
POUCHES
5.2. FLAT
POUCHES
5.3. ROLLSTOCK
5.4. GUSSETED
BAGS
5.5. WICKETED
BAGS
5.6. WRAPS
6. LATIN
AMERICA FLEXIBLE PACKAGING MARKET – BY PRINTING TECHNOLOGY (REVENUE IN $
BILLION)
6.1. FLEXOGRAPHY
6.2. ROTOGRAVURE
6.3. DIGITAL
PRINTING
6.4. OTHERS
7. LATIN
AMERICA FLEXIBLE PACKAGING MARKET – COUNTRY OUTLOOK (REVENUE IN $ BILLION &
VOLUME IN KILOTON)
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. RENGO
CO LTD
8.2. MITSUI
BUSSAN PACKAGING CO LTD
8.3. HOSOKAWA
YOKO CO LTD
8.4. TAKIGAWA
CORPORATION
8.5. MICHELMAN
JAPAN LLC
8.6. ASAHI
KASEI
8.7. DAI
NIPPON PRINTING CO LTD
8.8. KOHJIN
FILM & CHEMICALS CO LTD
8.9. OKURA
INDUSTRIAL
8.10. SEALED
AIR CORPORATION
8.11. FLAIR
FLEXIBLE PACKAGING CORPORATION
8.12. EPAC
8.13. KORPACK
CORPORATION
8.14. HANDOO
PACKAGE CO LTD
8.15. MONDI
GROUP
8.16. AMCOR
LTD
8.17. AMERPLAST
8.18. SOLVAY
S.A.
8.19. COVERIS
MANAGEMENT GMBH
8.20. KM
PACKAGING SERVICES LTD
8.21. TCL
PACKAGING
8.22. AMERICAN
PACKAGING CORPORATION
8.23. BRYCE
CORPORATION
8.24. BISCHOF
+ KLEIN SE & CO KG
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 2: LATIN AMERICA FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF MERGERS & ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF BUSINESS EXPANSIONS &
DIVESTITURES
TABLE 8: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
RAW MATERIAL, 2022-2028 (IN $ BILLION)
TABLE 9: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
RAW MATERIAL, 2022-2028 (IN KILOTON)
TABLE 10: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 11: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
APPLICATION, 2022-2028 (IN KILOTON)
TABLE 12: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
TYPE, 2022-2028 (IN $ BILLION)
TABLE 13: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
PRINTING TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 14: LATIN AMERICA FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 15: LATIN AMERICA FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2022-2028 (IN KILOTON)
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
RAW MATERIAL, 2021 & 2028 (IN %)
FIGURE 4: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
PAPER, 2022-2028 (IN $ BILLION)
FIGURE 5: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
ALUMINUM, 2022-2028 (IN $ BILLION)
FIGURE 6: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
BIOPLASTIC, 2022-2028 (IN $ BILLION)
FIGURE 7: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
PLASTIC, 2022-2028 (IN $ BILLION)
FIGURE 8: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
APPLICATION, 2021 & 2028 (IN %)
FIGURE 9: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
FOOD & BEVERAGE, 2022-2028 (IN $ BILLION)
FIGURE 10: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
PHARMACEUTICAL, 2022-2028 (IN $ BILLION)
FIGURE 11: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
COSMETICS, 2022-2028 (IN $ BILLION)
FIGURE 12: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
OTHERS, 2022-2028 (IN $ BILLION)
FIGURE 13: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
TYPE, 2021 & 2028 (IN %)
FIGURE 14: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
STAND-UP POUCHES, 2022-2028 (IN $ BILLION)
FIGURE 15: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
FLAT POUCHES, 2022-2028 (IN $ BILLION)
FIGURE 16: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
ROLLSTOCK, 2022-2028 (IN $ BILLION)
FIGURE 17: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
GUSSETED BAGS, 2022-2028 (IN $ BILLION)
FIGURE 18: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
WICKETED BAGS, 2022-2028 (IN $ BILLION)
FIGURE 19: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
WRAPS, 2022-2028 (IN $ BILLION)
FIGURE 20: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
PRINTING TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 21: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
FLEXOGRAPHY, 2022-2028 (IN $ BILLION)
FIGURE 22: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
ROTOGRAVURE, 2022-2028 (IN $ BILLION)
FIGURE 23: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
DIGITAL PRINTING, 2022-2028 (IN $ BILLION)
FIGURE 24: LATIN AMERICA FLEXIBLE PACKAGING MARKET, BY
OTHERS, 2022-2028 (IN $ BILLION)
FIGURE 25: LATIN AMERICA FLEXIBLE PACKAGING MARKET,
COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 26: BRAZIL FLEXIBLE PACKAGING MARKET 2022-2028
(IN $ BILLION)
FIGURE 27: MEXICO FLEXIBLE PACKAGING MARKET 2022-2028
(IN $ BILLION)
FIGURE 28: REST OF LATIN AMERICA FLEXIBLE PACKAGING
MARKET 2022-2028 (IN $ BILLION)