Latin America Flexible Plastic Packaging Market Size & Share Analysis - Growth, Trends & Forecasts (2024-2029)

The Latin America Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, Etc. )], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture ]), and Country (Mexico, Brazil, Colombia, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.

Latin America Flexible Plastic Packaging Market Size & Share Analysis - Growth, Trends & Forecasts (2024-2029)

Latin America Flexible Plastic Packaging Industry Overview

The market for flexible plastic packaging in Latin America is moderately consolidated, with the presence of large, medium, and small-sized companies vying for high market share. The companies, including Amcor PLC, Berry Global Inc., and Sonoco Products Company, aim toward new product development, mergers and acquisitions, or expansions in the Latin American market for higher revenue.

In April 2023, Amcor PLC announced that the Amcor Flexibles manufacturing plant in Brazil was the first plant in Latin America to achieve International Sustainability and Carbon Certification (ISCC) status. The certification allows Amcor's largest plant in Latin America to use advanced recycling materials across its product portfolio.

In December 2023, Sonoco Products Company announced the acquisition of Inapel Embalagens Ltda, a Brazil-based company. The acquisition is expected to expand Sonoco's presence in the flexible packaging industry in Latin America.

Latin America Flexible Plastic Packaging Market Leaders

  1. Amcor PLC

  2. Berry Global Inc.

  3. Sonoco Products Company

  4. ALPLA Group

  5. Huhtamaki Oyj

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Flexible Plastic Packaging Market Concentration