Colombia Pouch Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.44 Billion |
| Market Size (2029) | USD 0.51 Billion |
| CAGR (2024 - 2029) | 3.01 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Colombia Pouch Packaging Market Analysis
The Colombia Pouch Packaging Market size is estimated at USD 0.44 billion in 2024, and is expected to reach USD 0.51 billion by 2029, growing at a CAGR of 3.01% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 3.92 billion units in 2024 to 4.61 billion units by 2029, at a CAGR of 3.30% during the forecast period (2024-2029).
- Colombia, the fourth-largest economy in Latin America and boasting the region's third-largest population, is witnessing a surge in urbanization. This trend is transforming the nation into a prime market for value-added food products, especially in the health food segment, consequently fueling the demand for pouch packaging.
- With a rising appetite for healthier and fresher food choices, Colombian consumers are increasing their per capita food consumption. Given the country's heavy reliance on food imports, it is a net importer. Notably, the United States emerged as Colombia's top global food ingredient supplier, a dynamic that significantly drives the local market.
- A US Department of Agriculture (USDA) report highlighted that the appetite for processed and frozen foods increased with the growing disposable income of the people. Within the frozen food category, preferences lean toward items like processed potatoes, ready-to-eat meals, pizza, and vegetables, all of which are increasingly turning to pouch packaging. This shift is primarily due to pouches' ability to shield against moisture and air, ensuring food freshness and, in turn, bolstering market growth.
- Colombia's demand for pouch packaging extends beyond the food sector. Industries spanning beverages, personal care, household care, and pharmaceuticals are increasingly adopting pouches. Their lightweight nature and ease of transport, especially compared to traditional packaging, are key drivers of this trend. Manufacturers such as Sonoco Products Company are tailoring their offerings, such as retort and hot fill pouches, to cater to these diverse industries, further propelling market growth.
- Plastic is the material of choice for packaging in Colombia as it is versatile and cost-effective. However, fluctuations in crude oil prices, coupled with rising demand and constrained resin supplies, directly impact plastic prices. Furthermore, seasonal demand variations can also sway the prices of plastic and paper materials, posing occasional hurdles to Colombia's packaging market.
Colombia Pouch Packaging Market Trends
The Standard Pouch Segment is Expected to Register the Highest Growth Rate
- In Colombia, standard pouches have diverse applications in food, beverages, personal care, household care, and healthcare. These pouches predominantly utilize materials like PE, PP, paper, or PET and boast high-barrier protection, which helps shield the products from the environment and extend their shelf life.
- Key players, such as Mondi PLC and Amcor Group GmbH, are at the forefront, offering innovative, tailor-made pouches with a variety of closure options. These cater to the specific needs of different end-user industries. Manufacturers offer many styles, ranging from K-style to flat bottom, further fueling market expansion.
- Colombia's increasing expenditure on personal care and cosmetic products, driven by a surge in disposable income and evolving consumer preferences, is a significant growth driver. The country's fondness for skincare and makeup products, especially creams, lotions, and serums, packaged in pouches, is a pivotal factor driving market growth.
- Colombia's pet population is on a steady rise, amplifying the demand for pet food and related products. Pouch-packaged pet food, designed to maintain freshness and resist moisture, is a key market growth driver. Data from the USDA showed that in 2023, the US exported pet food worth USD 46.6 million to Colombia. While this marked a decline from 2022, the figures were still an increase from those of 2020 and prior.
The Food Segment Expected to Dominate the Market
- Colombia's growing preference for value-added food products, especially in the health food segment, is fueling demand for pouch packaging. According to the US Department of Agriculture (USDA), Colombian consumers are increasingly seeking products with lower sodium, sugar, and preservatives while displaying a heightened interest in items rich in vitamins and minerals. This trend is reflected in the surging demand for healthier snack choices, often packaged in stand-up pouches.
- Rising tourism and urbanization in Colombia are boosting the sales of packaged food items. These products in standard puncture-resistant pouches ensure food remains safe and fresh until consumption. The USDA further highlighted that the growing acceptance of American-style eateries in Colombia leads to an infusion of Western recipes and ingredients into the local cuisine, thereby amplifying the need for pouch packaging.
- Despite being a net importer of food ingredients, Colombia has a robust food industry. The National Business Association (ANDI) of Colombia revealed that the nation is home to approximately 45,000 registered food companies. While the focus of Colombia's food industry is predominantly domestic, the nation exports to 140 countries. Notably, food processing constitutes 27% of Colombia's manufacturing sector, and it is a key driver of market growth.
- Data from the Colombia National Customs Office underscores Colombia's status as a prominent destination for US agricultural goods within South America. In 2023, Colombia ranked as the seventh-largest global market for US food and beverage exports. The US led the pack, accounting for 41% of Colombia's imports, with Brazil, the European Union, and Argentina following closely behind, underlining their collective role in accelerating Colombia's market growth.
Colombia Pouch Packaging Industry Overview
The pouch packaging market in Colombia is experiencing a consolidation trend. This trend is spearheaded by prominent local players such as Colplas SAS and global players such as Amcor Group GmbH and Mondi PLC. These market leaders actively pursue mergers, acquisitions, and new product launches to cement their foothold in the country.
- April 2024: Amcor Group GmbH, an Australian company operating in Colombia, showcased its latest flexible packaging solutions at the International Cheese & Dairy Expo in the United Kingdom.
Colombia Pouch Packaging Market Leaders
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Amcor Group GmbH
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Sonoco Products Company
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Mondi PLC
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Colplas S.A.S
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Tetra Pak
*Disclaimer: Major Players sorted in no particular order
Colombia Pouch Packaging Market News
- September 2023: Taghleef Industries Group, a Dubai-based packaging company, achieved ISCC Plus certification for its facilities in Colombia, Mexico, and Altamira. This certification underscores the company's steadfast dedication to sustainability and its efforts to minimize its environmental impact.
- September 2023: Sonoco Products Company, a US packaging firm with operations in Colombia, completed the acquisition of RTS Packaging LLC from its joint venture partner, WestRock. This move was expected to bolster Sonoco's portfolio, particularly in terms of recycled fiber-based packaging solutions, catering to diverse markets, including food, beverages, and personal care.
Colombia Pouch Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
-
4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Growing Food Processing Industry
- 5.1.2 The Rising Demand of Flexible Pouch Packaging
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5.2 Market Challenge
- 5.2.1 Volatility in Cost of Raw Materials
6. Industry Regulation, Policy and Standards
7. MARKET SEGMENTATION
-
7.1 By Material
- 7.1.1 Plastic
- 7.1.1.1 Polyethylene
- 7.1.1.2 Polypropylene
- 7.1.1.3 PET
- 7.1.1.4 PVC
- 7.1.1.5 EVOH
- 7.1.1.6 Other Resins
- 7.1.2 Paper
- 7.1.3 Aluminum
-
7.2 By Product
- 7.2.1 Flat (Pillow & Side-Seal)
- 7.2.2 Stand-up
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7.3 By End-User Industry
- 7.3.1 Food
- 7.3.1.1 Candy & Confectionery
- 7.3.1.2 Frozen Foods
- 7.3.1.3 Fresh Produce
- 7.3.1.4 Dairy Products
- 7.3.1.5 Dry Foods
- 7.3.1.6 Meat, Poultry, And Seafood
- 7.3.1.7 Pet Food
- 7.3.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
- 7.3.2 Beverage
- 7.3.3 Medical and Pharmaceutical
- 7.3.4 Personal Care and Household Care
- 7.3.5 Other End user Industries ( Automotive, Chemical, Agriculture)
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles*
- 8.1.1 Amcor Group GmbH
- 8.1.2 Mondi PLC
- 8.1.3 Berry Global Inc.
- 8.1.4 PPC Flex Company Inc.
- 8.1.5 Viappiani de Colombia S.A.S
- 8.1.6 Colplas S.A.S
- 8.1.7 Sonoco Products Company
- 8.1.8 Tetra Pak
9. RECYCLING & SUSTAINABILITY LANDSCAPE
10. FUTURE OUTLOOK
** Subject To AvailablityColombia Pouch Packaging Industry Segmentation
Pouch packaging is a flexible product made from barrier films, paper, or foil, depending on the end-user’s requirement. The report analyzes the factors that impact geopolitical developments in the market based on the prevalent base scenarios, key themes, and end-user industry-related demand cycles. The analysis is based on the market insights captured through secondary research and primaries. The market also covers the major factors impacting the growth of the pouch packaging market in terms of drivers and restraints. The estimates exclude the weight and the cost of the content inside the pouch packaging solution.
The Colombia 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 sizes and forecasts are provided in terms of value (USD) and volume (Units) for all the above segments.
| By Material | Plastic | Polyethylene |
| Polypropylene | ||
| PET | ||
| PVC | ||
| EVOH | ||
| Other Resins | ||
| By Material | Paper | |
| Aluminum | ||
| By Product | Flat (Pillow & 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.) | ||
| By End-User Industry | Beverage | |
| Medical and Pharmaceutical | ||
| Personal Care and Household Care | ||
| Other End user Industries ( Automotive, Chemical, Agriculture) |
Colombia Pouch Packaging Market Research FAQs
How big is the Colombia Pouch Packaging Market?
The Colombia Pouch Packaging Market size is expected to reach USD 0.44 billion in 2024 and grow at a CAGR of 3.01% to reach USD 0.51 billion by 2029.
What is the current Colombia Pouch Packaging Market size?
In 2024, the Colombia Pouch Packaging Market size is expected to reach USD 0.44 billion.
Who are the key players in Colombia Pouch Packaging Market?
Amcor Group GmbH, Sonoco Products Company, Mondi PLC, Colplas S.A.S and Tetra Pak are the major companies operating in the Colombia Pouch Packaging Market.
What years does this Colombia Pouch Packaging Market cover, and what was the market size in 2023?
In 2023, the Colombia Pouch Packaging Market size was estimated at USD 0.43 billion. The report covers the Colombia Pouch Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Colombia Pouch Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Colombia Pouch Packaging Industry Report
Statistics for the 2024 Colombia Pouch Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Colombia Pouch Packaging analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
