Market Share of Latin America Aseptic Packaging Industry
The Latin American aseptic packaging market is semi-consolidated, as a few vendors operate in the domestic and international markets. The market appears to be moderately consolidated, with the players adopting various strategies, such as product innovation, mergers, and acquisitions, to expand their reach and stay competitive. Some of the major players in the market are Bemis Company Incorporation, DS Smith PLC, SIG Combibloc Group AG, and Tetra Pak International.
- In March 2023, Chile-based NotCo, a food-tech unicorn, partnered with SIG, enabling NotCo to launch NotCreme, a plant-based alternative to animal-derived food products, in SIG's carton packaging. This partnership further strengthens NotCo's expertise and adaptability in plant-based foods. NotMilk Originals, zero-sugar, semi-sugar, and chocolate milk products will also be available in aseptic carton packs from SIG.
Latin America Aseptic Packaging Market Leaders
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Amcor PLC
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Schott AG
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Ecolean Packaging
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Greatview Aseptic Packaging
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Tetra Pak International SA
*Disclaimer: Major Players sorted in no particular order
