Market Size of Argentina Pouch Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.91 Billion |
Market Size (2029) | USD 1.14 Billion |
CAGR (2024 - 2029) | 4.55 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Pouch Packaging Market Analysis
The Argentina Pouch Packaging Market size is estimated at USD 0.91 billion in 2024, and is expected to reach USD 1.14 billion by 2029, growing at a CAGR of 4.55% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 9.02 billion units in 2024 to 11.53 billion units by 2029, at a CAGR of 5.03% during the forecast period (2024-2029).
Pouch packaging, a compact and lightweight solution, finds extensive application across industries like food, beverages, and pharmaceuticals in Argentina. Its surge in popularity is primarily due to its eco-friendly nature, effectively curbing packaging waste and materials, thereby driving the market's growth in Argentina.
- Argentina, the third-largest economy in South America, is witnessing a surge in demand for pouch packaging. This demand is primarily fueled by factors like urbanization, a thriving food industry, and a notable shift toward convenient, single-serve food and beverage options.
- As consumers in Argentina increasingly prefer ready-to-eat and processed foods, the adoption of retort pouch packaging is on the rise. These pouches, known for their ability to store food long-term without refrigeration, are gaining popularity for their knack for preserving food quality, texture, and aroma.
- Furthermore, heightened awareness of sustainability is pushing manufacturers like Amcor Group GmbH to craft innovative pouches. These pouches have high-barrier properties, making them resistant to heat, punctures, and scuffs. Additionally, they are designed to be recycled and cater to a range of applications, be it ambient, cold chain, or hot fill, amplifying their appeal in the market.
- Despite their eco-friendly and convenient nature, the inherent flexibility of pouch packaging poses a challenge. Their comparative lack of rigidity, especially when measured against traditional options like bottles or jars, can limit their suitability for robust packaging needs, potentially hindering their market's growth in Argentina.
Argentina Pouch Packaging Industry Segmentation
Pouch packaging is a flexible packaging product made from barrier films or paper or foil, depending on the end user’s requirement. This report analyzes the factors that impact geopolitical developments in the studied market based on the prevalent base scenarios, key themes, and end-user industries-related demand cycles. The analysis is based on the market insights captured through secondary and primary research. The market also covers the major factors impacting the growth of the pouch market in terms of drivers and restraints. The estimates exclude the weight and the cost of the content that is or is to be packed inside the pouch packaging solution.
The Argentina Pouch Packaging Market is Segmented by Material Type ( Paper, Plastic and Aluminum), by Resin Type - Plastic ( Polyethylene, Polypropylene, PET, PVC, EVOH, Other Resins), by Product ( Flat ( Pillow and Side Seal), Stand Up), by End-User Industry (Food (Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, And Seafood, Pet Food, Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)), Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End-User Industries). The market sizing and forecasts are provided in terms of volume (Units) and revenue (USD) for all the above segments.
By Material | ||||||||
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Paper | ||||||||
Aluminum |
By Product | |
Flat (Pillow & Side-Seal) | |
Stand-up |
By End-User Industry | ||||||||||
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Beverage | ||||||||||
Medical and Pharmaceutical | ||||||||||
Personal Care and Household Care | ||||||||||
Other End user Industries ( Automotive, Chemical, Agriculture) |
Argentina Pouch Packaging Market Size Summary
The Argentina pouch packaging market is experiencing significant growth, driven by the increasing demand for eco-friendly and convenient packaging solutions across various industries, including food, beverages, and pharmaceuticals. Pouch packaging's lightweight and compact nature makes it an attractive option for consumers seeking sustainable alternatives that reduce packaging waste. The market's expansion is further supported by urbanization and a thriving food industry, with a notable shift towards ready-to-eat and single-serve food options. The adoption of retort pouch packaging is particularly rising, as these pouches offer long-term food storage without refrigeration, preserving quality, texture, and aroma. However, the flexibility of pouch packaging, compared to more rigid options like bottles or jars, presents challenges for certain robust packaging needs.
Key players in the market, such as Amcor Group GmbH and Gualapack SpA, are innovating to meet the growing demand for high-barrier pouches that are resistant to heat, punctures, and scuffs, while also being recyclable. The increasing pet ownership in Argentina is also contributing to the demand for retort pouches in pet food packaging. The market is moderately consolidated, with international and local players competing for market share through strategic partnerships and product showcases at industry events. The reliance on food imports, particularly from the United States, and the rising imports of plastic from countries like Brazil and China, are further bolstering the growth of the pouch packaging sector in Argentina.
Argentina Pouch Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Plastic
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2.1.1.1 Polyethylene
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2.1.1.2 Polypropylene
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2.1.1.3 PET
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2.1.1.4 PVC
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2.1.1.5 EVOH
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2.1.1.6 Other Resins
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2.1.2 Paper
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2.1.3 Aluminum
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2.2 By Product
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2.2.1 Flat (Pillow & Side-Seal)
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2.2.2 Stand-up
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2.3 By End-User Industry
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2.3.1 Food
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2.3.1.1 Candy & Confectionery
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2.3.1.2 Frozen Foods
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2.3.1.3 Fresh Produce
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2.3.1.4 Dairy Products
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2.3.1.5 Dry Foods
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2.3.1.6 Meat, Poultry, And Seafood
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2.3.1.7 Pet Food
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2.3.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
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2.3.2 Beverage
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2.3.3 Medical and Pharmaceutical
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2.3.4 Personal Care and Household Care
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2.3.5 Other End user Industries ( Automotive, Chemical, Agriculture)
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Argentina Pouch Packaging Market Size FAQs
How big is the Argentina Pouch Packaging Market?
The Argentina Pouch Packaging Market size is expected to reach USD 0.91 billion in 2024 and grow at a CAGR of 4.55% to reach USD 1.14 billion by 2029.
What is the current Argentina Pouch Packaging Market size?
In 2024, the Argentina Pouch Packaging Market size is expected to reach USD 0.91 billion.