Market Share of Latin America Plastic Packaging Films Industry
The Latin America Plastic Packaging Films Market is fragmented, with several global and regional players, such as Berry Global Inc., FLEX AMERICAS SA de CV, Innovia Films (CCL Industries Inc.), Taghleef Industries Group, and others, vying for attention in a contested market space. The market has been characterized by low product differentiation, growing levels of product penetration, and high levels of competition.
- July 2024 - Innovia Films, a BOPP film manufacturer, introduced a new white 'ultra-low density' film designed for ice cream flow wrap packaging. The company reports that the films are minimally affected by climate conditions but should be stored below 104°F (40°C). Innovia states that the film can be maintained for up to 6 months without degradation under appropriate storage conditions.
- October 2023 -Berry Global is consolidating its global range of high-performance polyethylene (PE) lamination films under the Entour film brand, integrating its broader portfolio. This initiative includes renaming the European 'FormiForLAM' product to Entour films. The consolidation simplifies the product lineup and ensures customers experience consistency when selecting from Berry's extensive range of lamination films. Entour films, part of Berry's B Circular product range, offer customers a single-source solution for various converter and food films that meet specific application requirements while supporting the transition to a circular economy. These lamination films are suitable for bags, stand-up pouches, and flow wraps in markets such as foods, wipes, and pet foods.
Latin America Plastic Packaging Films Market Leaders
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Berry Global Inc.
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FLEX AMERICAS S.A. de C.V.
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Innovia Films (CCL Industries Inc.)
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Taghleef Industries Group
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Poly Rafia, S.A. De C.V.
*Disclaimer: Major Players sorted in no particular order
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