What is the current Latin America Plastic Packaging Market size?

The Latin America Plastic Packaging Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029) Read More

Who are the key players in Latin America Plastic Packaging Market?

Amcor Plc, Sonoco Products Company, Plastipak Packaging do Brasil Ltda., Graham Packaging Company and Berry Global, Inc are the major companies operating in the Latin America Plastic Packaging Market. Read More

What years does this Latin America Plastic Packaging Market cover?

The report covers the Latin America Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Latin America Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Latin America Plastic Packaging Market

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

The report covers Latin America Plastic Packaging Manufacturers and the market is segmented by Rigid Plastic Packaging (Material (PE, PP, PET), Product (Bottles and Jars, Trays and Containers), End-user (Food, Beverage, Personal Care)), Flexible Plastic Packaging (Material (PE, BOPP, CPP), Product (Pouches and Bags, Films and Wraps), End-user (Food, Beverage, Personal Care)), and Geography.

Latin America Plastic Packaging Industry Overview

The Latin America Plastic Packaging Market is highly competitive owing to the presence of multiple players in the market. The market appears to be moderately competitive and major players are adopting key strategies such as product innovation, mergers, and acquisitions, primarily to widen the product portfolio and expand their geographic reach. Some of the major players in the market are Amcor Plc, Sonoco Products Company, Graham Packaging Company, among others.

Jul 2019 - Berry Global Inc. completed the acquisition of RPC Group PLC, at an approximate price of USD 6.5 billion. RPC Group is among the leading global designer and engineer of plastic products in the packaging and nonpackaging markets. This acquisition helped the growth of Berry's Engineered Materials product portfolio, which is expected to strengthen the company's product line.
Aug 2019 - Amcor partnered with New Age to launch PET bottles for the Salzburg craft beer bottles in Brazil. The 600 ml bottles are designed with a glass-like, champagne-style base in combination with a lightweight and shatter-resistant PET.