Flexible Packaging Market in Latin America – Trends & Forecast Now Available from Technavio
By Business Wire News
By Business Wire News
Technavio has published a new report on the flexible packaging market in Latin America,which is expected to grow at a CAGR of more than 3% from 2015-2019.
Flexible packaging market segmentation by raw material
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different raw materials, including plastic, paper, aluminium foil, and other flexible packaging materials.
The new report by Technavio also indicates the rising demand for high-barrier flexible packaging materials, which is an emerging trend in the global flexible packaging market. These high-barrier resins have specialized coatings and laminated structures that provide better protection against factors such as moisture and oxygen, thereby prolonging products’ shelf life.
“Dow Chemical Company plans to expand its production capacity and enhance production technologies and equipment in its production units in Bahia Blanca, Argentina, in order to produce high-performance resins for both flexible and rigid packaging applications to support the growing market demand,” says Faisal Ghaus, Vice President of Technavio.
Flexible packaging: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the flexible packaging market in Latin America from 2015-2019. The report considers the revenue generated from the sales of flexible packaging products manufactured by vendors for calculating market size.
Industry analysis includes:
- Key Vendors:
- Sealed Air
- Market Growth Drivers:
- Rising demand for packaged foods and beverages
- Growth in FMCG consumption
- Market Challenges:
- Slow economic growth in the region
- Increase in manufacturing costs
- Market Trends:
- Use of high-barrier flexible materials
- Expansion by international vendors in packaging industry
View the flexible packaging market in Latin America report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the flexible packaging market:
- Flexible Food Packaging Market in North America 2015-2019
- Global Flexible Packaging Market 2015-2019
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