South America Flexible Packaging Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material-Type (Plastic, Paper, Aluminum Foil, Bioplastics), By Product-Type (Stand-Up Pouches, Flat Pouches, Rollstocks, Gusseted Bags, Wicketed Bags, Wraps, Others), By Application (Food And Beverages, Personal Care, Pharmaceuticals, Others), And By Country - Forecasts From 2022 To 2027

  • Published : Sep 2022
  • Report Code : KSI061610195
  • Pages : 120

The South American flexible packaging market was valued at US$10.646 billion in 2020 and is projected to grow at a CAGR of 8.20% during the forecast period to reach a total market size of US$18.486 billion by 2027.

Due to the gradual and steady availability of disposable income, the growing middle-income group and their purchasing tendencies, the flexible packaging market in South America is estimated to witness steady growth. Moreover, the rise in demand for packaged food and beverages is being driven by the growing urbanization and gentrification of neighbourhoods. Additionally, the fast pace of life is promoting the rise of convenience food and beverages, which consumers are more inclined to take on the go. Further, a lot of foreign direct investments are being increasingly made in the South American nations to establish and expand the sphere of operations of various retail food and beverage chains. Besides, the eCommerce segment is making huge headway throughout the world and South America is no exception to this new means of consumerism. This has led to quite a few acquisitions in this region as well. For instance, Coexpan Chile (“Coexpan”) based out of Chile acquired the thermoforming unit of BO packaging SA (“BO Packaging”), which is also Chile-based.  Flexible packaging and poly-paper operations are two such capabilities that are a part of the thermoforming unit of BO Packaging. As a result, benefits such as visual appeal, lower space footprint, and longer shelf life are the key contributing factors for the Flexi packaging market to register good growth in this region.

There’s a growing interest, and thus investments and initiatives by the leading Flexi packaging manufacturing organization to come up with the carbon-neutral Flexi packaging materials that are going to further resonate with today’s consumers' preferences. While the aforesaid falls under the purview of supply-side attitude towards the Flexi packaging as a product. The demand side or the consumer side too is increasingly opting for Flexible packaging that is least harmful to the environment. Further, as consumers become increasingly aware of the probable ramification of anthropogenic activities, consumers in south America are inclined towards eco-friendly packaging materials. Further, the current rate of ambient pollution is also pushing consumers to resort to Flexible packaging of their food and beverage products. The options for flexible packaging also allow various brands to make adjustments to various ingredients that go into the making of flexible packaging, thereby reducing the waste created by the process. Changes in government policies are also going to fuel the constant need for research, development, and innovation that will, in turn, drive the Flexible packaging market in the south American region.

From the point of view of growing consumers of vegan diets, food and beverage producers are increasingly adopting flexible packaging to ensure nutrient and flavor fortification. There is a growing inclination to utilize flexible packaging in beverages as well as to retain the freshness and keep it from gathering odor. Additionally, due to the growing shift towards plant-based alternatives to food and beverages, there is a growing number of new entrants who are also investing in flexible packaging that has the least carbon footprint. This is going to drive the growth of the flexible packaging market, in this region as well. Plus, in light of the above, there have been investments in increasing production capacities and labelling capabilities. Further, the consumption trends are increasingly towards naturally and organically produced food. To this end, flexible packaging is becoming the staple for grocers and retail chains that sells fresh produce. During the forecast period, the combined inclination of consumers towards a more clean purchasing experience and government initiative is going to catapult the flexible packaging market of the region to healthy growth.

Recent development and expansions

  • Unilever has developed a paper-based detergent bottle for its Omo brand. In October 2021, a prototype was launched following the success, these fully recyclable bottles, made of sustainably sourced pulp, were introduced to the Brazilian market in early 2022. The same technology is being tested in hair care bottles by the company.

  • Gualapack Spa announced plans for expansion in Brazil in October 2021, as part of the Group's ongoing efforts to achieve sustainable global growth through vertical integration. Gualapack is aggressively pursuing international development to support its global market position as the world leader in pre-made spouted pouches and a global player in the flexible packaging industry. Gualapack has increased its investment in this promising region of the world by acquiring Teruel Embalagens - Papéis Amália Ltda. Teruel is a traditional family business with 50 years of experience that specialises in flexographic printing on flexible film at its two Brazilian factories.
  • Amcor launched the first recycled packaging for powdered chocolate in Latin America in May 2021. Amcor has taken another step toward its goal of providing more sustainable packaging solutions by producing the first recycled plastic powdered chocolate packaging in Latin America.
  • Soft launched the first paper-based packaging in Chile via the Elite brand in January 2021, breaking patterns in an industry traditionally dominated by plastic packaging.

COVID-19 impact on South America Flexible Packaging Market

The COVID-19 pandemic left many flexible packaging manufacturers in South America with a flooded pool of issues that were temporary. Some of the consequences of a lockdown include supply chain disruptions, a lack of raw materials used in the manufacturing process, labour shortages, and fluctuating prices that could cause final product production to balloon and exceed the budget.

South America Flexible Packaging Market Scope:


Report Metric Details
 Market Size Value in 2020  US$10.646 billion
 Market Size Value in 2027  US$18.486 billion
 Growth Rate  CAGR of 8.20% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Material-Type, Product-Type, Application, And Country
 Regions Covered  Brazil, Argentina, Colombia, Others
 Companies Covered Amcor Plc, Huhtamaki, Innovia Films, Mondi Plc, Printpack, ProAmpac, Sonocco Products Company
 Customization Scope  Free report customization with purchase


Market Segmentation:

  • By Material-Type
    • Plastic
    • Paper
    • Aluminum Foil
    • Bioplastics
  • By Product-Type
    • Stand-Up Pouches
    • Flat Pouches
    • Rollstocks
    • Gusseted Bags
    • Wicketed Bags
    • Wraps
    • Others
  • By Application
    • Food and Beverages
    • Personal Care
    • Pharmaceuticals
    • Others
  • By Country
    • Brazil
    • Argentina
    • Colombia
    • Others


1. Introduction

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation


2. Research Methodology

2.1. Research Data

2.2. Assumptions


3. Executive Summary

3.1. Research Highlights


4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis


5.  South Flexible Packaging Market Analysis, by Material-Type

5.1.  Introduction

5.2. Plastic

5.3. Paper

5.4. Aluminum Foil

5.5. Bioplastics


6. South Flexible Packaging Market Analysis, by Product-Type

6.1.  Introduction

6.2. Stand-Up Pouches

6.3. Flat Pouches

6.4. Rollstocks

6.5.  Gusseted Bags

6.6.  Wicketed Bags

6.7. Wraps

6.8.  Others


7. South Flexible Packaging Market Analysis, by Application

7.1.  Introduction

7.2. Food and Beverages

7.3. Personal Care

7.4. Pharmaceuticals

7.5. Others


8.  South America Flexible Packaging Market Analysis, by Geography

8.1.  By Country

8.1.1.  Brazil

8.1.2. Argentina

8.1.3. Colombia

8.1.4.  Others



9.1.  Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix


10.  Company Profiles

10.1.  Amcor Plc

10.2.  Huhtamaki

10.3.  Innovia Films

10.4.  Mondi Plc

10.5.  Printpack

10.6. ProAmpac

10.7.  Sonocco Products Company

Amcor Plc


Innovia Films

Mondi Plc



Sonocco Products Company