Latin America Flexible Packaging Market Overview
Market Size in 2024: USD 8.74 Billion
Market Forecast in 2033: USD 12.21 Billion
Market Growth Rate 2025-2033: 3.5%
The Latin America flexible packaging market size reached USD 8.74 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.21 Billion by 2033, exhibiting a growth rate (CAGR) of 3.5% during 2025-2033.
Lightweight, Durable, and Efficient Packaging Solutions
Flexible packaging is popular because of its adaptability and its cost-effectiveness as well as protective qualities for various industries. It is used to create non-rigid packaging formats such as rollstock, wraps, pouches, as well as bags, made mainly from plastics like Polyethylene (PE), including Low-Density (LDPE) and Linear Low-Density (LLDPE), and Polypropylene (PP). These materials are strong as well as flexible.
They resist chemicals, also with physical stress. Packaging for common products include food items like rice, bread, as well as snacks plus stand-up pouches for beverages or milk powder plus personal care items like soaps, cosmetics, even electronics, pharmaceuticals. Flexible packaging is especially critical in the food and beverage sector which helps prevent exposure to air, moisture, and light thereby reducing waste and extending shelf life.
A lightweight design also leads to a lowering of the costs for transportation and for storage using fewer raw materials than those alternatives that happen to be rigid. Yet, recycling may prove hard since multi-layer materials get used. Its environmental upsides such as fewer shipping emissions make it a more desired choice. Flexible packaging keeps developing. It is a balance of performance with cost plus sustainability and it also can provide efficient practical solutions across many various sectors.
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Latin America Flexible Packaging Market News
September 2025: Brazil maintained its position as a major market leader in the Latin America flexible packaging sector, driven by its robust economy and consumer demand for convenient, multi-pack products.
August 2025: The e-commerce boom continued to fuel demand for lightweight and durable packaging solutions, with companies focusing on materials that can protect products during transit while minimizing shipping costs.
June 2025: A notable trend in Latin America is the increasing adoption of sustainable materials like post-consumer recycled (PCR) content and bioplastics, driven by growing consumer environmental awareness and stricter regulations on single-use plastics.
May 2025: SGK, in partnership with Johnson Johnson in Brazil, was recognized at the ABRE Brazilian Packaging Award for its new flexible film packaging for female care products, which uses 33% post-consumer resin.
April 2025: International financial programs and organizations actively supported a side event in Colombia to accelerate investment in Latin America's sustainable and green packaging projects.
February 2025: Aptar CSP Technologies and ProAmpac launched a new flexible packaging solution called ProActive Intelligence Moisture Protect, which integrates advanced material science to protect moisture-sensitive products.
January 2025: Companies across Latin America invested in innovative technologies like digital printing and serialized QR codes to enhance brand engagement and provide traceability for products in response to evolving consumer preferences.
October 2024: Sonoco inaugurated a new protective packaging manufacturing facility in Mexico to serve a major appliance manufacturer, demonstrating continued investment in the region's industrial sector.
September 2024: Chile saw the launch of its first hydrogen-powered locomotive for mining, highlighting a shift towards sustainable solutions that will impact the entire supply chain, including packaging for industrial goods.
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Key Market Segmentation
Analysis by Product Type:
Printed Rollstock
Preformed Bags and Pouches
Others
Analysis by Raw Material:
Plastic
Paper
Aluminium Foil
Cellulose
Analysis by Printing Technology:
Flexography
Rotogravure
Digital
Others
Analysis by Application:
Food and Beverages
Pharmaceuticals
Cosmetics
Others
Analysis by Country:
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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