Market Share of Brazil Flexible Plastic Packaging Industry
The Brazilian flexible plastic packaging market features a diverse landscape, with players ranging from industry giants like Amcor PLC and Berry Global Inc. to local contenders such as Videplast and Plaszom Zomer Industria De Plasticos Ltda. These companies actively engage in strategies like new product launches, mergers, and acquisitions to capture larger market shares.
- In December 2023, Sonoco Products Company, a US-based packaging giant, acquired Inapel Embalagens Ltda, a key player in Brazil. This underscores Sonoco's commitment to fortifying its position in Brazil's flexible packaging segment.
- In May 2023, Amcor PLC, hailing from Australia, announced that its Brazilian manufacturing plant became the first in the nation to secure the prestigious International Sustainability and Carbon Certification Plus (ISCC Plus) status.
Brazil Flexible Plastic Packaging Market Leaders
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Sonoco Products Company
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Amcor PLC
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Huhtamaki Oyj
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Plaszom Zomer Industria De Plasticos Ltda
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
