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Latin America Plastic Packaging Market - By Type of Plastic (Rigid Plastic, Flexible Plastic, Others), By Industry (Food, Beverage, Healthcare, Retail, Manufacturing, Others), By Products (Bottles, Cans, Jars, Pouches, Others), By Country, Trends, Forecast - (2017 - 2022)

Latin America\'s plastic packaging market is projected to reach USD XX.XX billion in 2022, from the current value of USD XX.XX billion in 2016, growing at a CAGR of 5.71% during the forecast period 2017 - 2022. Plastic packaging has changed the ways in which the packaging industry functions. Packaging solutions that are lightweight, durable, and comfortable are some of the factors that have augmented the use of plastics as a packaging material across the world. The demand for plastic packaging continues to surge even though serious concerns are being raised about its impact on the environment. However, the market will face challenges from government regulations and consumer demand, pushing manufacturers to look for plastic packaging solutions that are biodegradable or derived from sustainable sources. Plastic packaging solutions are used across various industries such as manufacturing, retail, and healthcare. Plastic packaging has gained significant traction in the healthcare industry due to its high barrier properties, long shelf-life, and durability. The demand for plastic packaging solutions will continue to grow throughout the forecast period. The Latin America plastic packaging market is segmented on the basis of type, industry, and product. Mexico, Brazil, and Venezuela are some of the major countries driving the plastic packaging market in Latin America. With rising disposable income of individuals, the consumption of packaging products has seen significant growth and the trend is projected to continue over the forecast period.   This report gives a detailed study of Porter\'s five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis. Some of the major vendors of plastic packaging mentioned in the report are: Amcor AptarGroup Bemis Mondi Group Rexam RPC Group Winpak What the Report Offers Complete market insights, driving forces of the market, challenges it faces, and the opportunities in the current market scenario Complete market segmentation on the basis of different packaging and product types along with detailed analysis for the next five years Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the market on a global and regional scale Extensively researched competitive landscape with profiles of major companies along with their market share A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Published By: Mordor Intelligence
Published Date: Q1 2017

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