Latin America Flexible Packaging Market Size and Trends
The Latin America flexible packaging market size is forecast to increase by USD 2.66 billion at a CAGR of 3.4% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. One major factor is the increasing emphasis on extending product shelf life, as consumers demand longer-lasting packaged goods. Another trend is the shift towards more sustainable packaging solutions, with recyclable flexible plastic packaging gaining popularity. Additionally, the growing number of working women and the need for convenient, user-friendly packaging options are driving demand for flexible packaging. Advanced technologies, such as QR codes and near-field communication (NFC), are also being integrated into flexible packaging to enhance traceability and convenience for consumers.
The focus on waste reduction and environmental sustainability is also influencing the market, as companies seek to reduce their use of plastic packaging and increase the use of eco-friendly materials. These packaging formats offer convenience and portability, making them popular choices for various industries, including electronics, cosmetics, and personal care. Overall, the market is poised for continued growth as it addresses these evolving consumer needs and preferences.
What will be the Latin America Flexible Packaging Market Size During the Forecast Period?

1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Latin America - Market size and forecast 2023-2028 ($ million)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
- Chart on Latin America: Year-over-year growth 2023-2028 (%)
- Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
- 5.1 Flexible Packaging Market in Latin America 2018 - 2022
- Historic Market Size - Data Table on Flexible Packaging Market in Latin America 2018 - 2022 ($ million)
- 5.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 5.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on the Flexible Packaging Market in Latin America
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Food and beverage - Market size and forecast 2023-2028
- Chart on Food and beverage - Market size and forecast 2023-2028 ($ million)
- Data Table on Food and beverage - Market size and forecast 2023-2028 ($ million)
- Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
- Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
- 8.4 Healthcare - Market size and forecast 2023-2028
- Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
- Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
- Chart on Healthcare - Year-over-year growth 2023-2028 (%)
- Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
- 8.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 8.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Product
- 9.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 9.3 Pouches - Market size and forecast 2023-2028
- Chart on Pouches - Market size and forecast 2023-2028 ($ million)
- Data Table on Pouches - Market size and forecast 2023-2028 ($ million)
- Chart on Pouches - Year-over-year growth 2023-2028 (%)
- Data Table on Pouches - Year-over-year growth 2023-2028 (%)
- 9.4 Bags - Market size and forecast 2023-2028
- Chart on Bags - Market size and forecast 2023-2028 ($ million)
- Data Table on Bags - Market size and forecast 2023-2028 ($ million)
- Chart on Bags - Year-over-year growth 2023-2028 (%)
- Data Table on Bags - Year-over-year growth 2023-2028 (%)
- 9.5 Films and wraps - Market size and forecast 2023-2028
- Chart on Films and wraps - Market size and forecast 2023-2028 ($ million)
- Data Table on Films and wraps - Market size and forecast 2023-2028 ($ million)
- Chart on Films and wraps - Year-over-year growth 2023-2028 (%)
- Data Table on Films and wraps - Year-over-year growth 2023-2028 (%)
- 9.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 9.7 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography - 2023-2028 (%)
- Data Table on Market share by geography - 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- 11.4 Argentina - Market size and forecast 2023-2028
- Chart on Argentina - Market size and forecast 2023-2028 ($ million)
- Data Table on Argentina - Market size and forecast 2023-2028 ($ million)
- Chart on Argentina - Year-over-year growth 2023-2028 (%)
- Data Table on Argentina - Year-over-year growth 2023-2028 (%)
- 11.5 Chile - Market size and forecast 2023-2028
- Chart on Chile - Market size and forecast 2023-2028 ($ million)
- Data Table on Chile - Market size and forecast 2023-2028 ($ million)
- Chart on Chile - Year-over-year growth 2023-2028 (%)
- Data Table on Chile - Year-over-year growth 2023-2028 (%)
- 11.6 Colombia - Market size and forecast 2023-2028
- Chart on Colombia - Market size and forecast 2023-2028 ($ million)
- Data Table on Colombia - Market size and forecast 2023-2028 ($ million)
- Chart on Colombia - Year-over-year growth 2023-2028 (%)
- Data Table on Colombia - Year-over-year growth 2023-2028 (%)
- 11.7 Rest of Latin America - Market size and forecast 2023-2028
- Chart on Rest of Latin America - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of Latin America - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of Latin America - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of Latin America - Year-over-year growth 2023-2028 (%)
- 11.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Table on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Amcor Plc
- Amcor Plc - Overview
- Amcor Plc - Business segments
- Amcor Plc - Key news
- Amcor Plc - Key offerings
- Amcor Plc - Segment focus
- SWOT
- 14.5 Berry Global Inc.
- Berry Global Inc. - Overview
- Berry Global Inc. - Business segments
- Berry Global Inc. - Key news
- Berry Global Inc. - Key offerings
- Berry Global Inc. - Segment focus
- SWOT
- 14.6 Cascades Inc.
- Cascades Inc. - Overview
- Cascades Inc. - Business segments
- Cascades Inc. - Key offerings
- Cascades Inc. - Segment focus
- SWOT
- 14.7 Coveris Management GmbH
- Coveris Management GmbH - Overview
- Coveris Management GmbH - Product / Service
- Coveris Management GmbH - Key offerings
- SWOT
- 14.8 FlexPak Services LLC
- FlexPak Services LLC - Overview
- FlexPak Services LLC - Product / Service
- FlexPak Services LLC - Key offerings
- SWOT
- 14.9 Mondi Plc
- Mondi Plc - Overview
- Mondi Plc - Business segments
- Mondi Plc - Key news
- Mondi Plc - Key offerings
- Mondi Plc - Segment focus
- SWOT
- 14.10 Novolex
- Novolex - Overview
- Novolex - Product / Service
- Novolex - Key offerings
- SWOT
- 14.11 Printpack Inc.
- Printpack Inc. - Overview
- Printpack Inc. - Product / Service
- Printpack Inc. - Key offerings
- SWOT
- 14.12 Sealed Air Corp.
- Sealed Air Corp. - Overview
- Sealed Air Corp. - Business segments
- Sealed Air Corp. - Key news
- Sealed Air Corp. - Key offerings
- Sealed Air Corp. - Segment focus
- SWOT
- 14.13 Sonoco Products Co.
- Sonoco Products Co. - Overview
- Sonoco Products Co. - Business segments
- Sonoco Products Co. - Key news
- Sonoco Products Co. - Key offerings
- Sonoco Products Co. - Segment focus
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations