MRO Magazine

Research and Markets: Flexible Packaging Market in Latin America 2015-2019


November 6, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3vbvsh/flexible) has announced the addition of the “Flexible Packaging Market in Latin America 2015-2019” report to their offering.

The flexible packaging market in Latin America to grow at a CAGR of 3.42% over the period 2014-2019.

The report covers the present scenario and the growth prospects of the flexible packaging market in Latin America for the period 2015-2019. Based on raw materials used, the market can be categorized into four segments: plastic, paper, aluminum foil, and cellulose packaging materials. The report includes a discussion of the key vendors operating in this market.

Rising demand for high-barrier flexible packaging materials 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. Some of the most popular high-barrier plastics used in the development of this type of packaging include biaxially-oriented polyethylene terephthalate (BOPET) and ethylene vinyl alcohol (EVOH). Bayer MaterialScience, a global polymer company, showcased a new aliphatic isocyanate hardener, whose adhesive formulations for composite films adjust quickly at external environment temperature and are useful in food packaging.

According to the report, increased demand from the packaged food and beverage companies for a number of packaging products and solutions with unique designs will help meet the increased production requirements and create product differentiation, enabling them to stay ahead of their competitors.

Further, the report states that political uncertainties in countries like Brazil and Chile have also resulted in weakened economies and is expected to create further negative influence on the packaging industry.

Key leading countries

  • Argentina
  • Brazil
  • Mexico

Key vendors

  • Amcor
  • Bemis
  • Printpack
  • Sealed Air

Other prominent vendors

  • Berry Plastics
  • Constantia Flexibles
  • Coveris
  • Innovia Films
  • Mondi
  • Sonoco
  • WestRock

For more information visit http://www.researchandmarkets.com/research/3vbvsh/flexible

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Packaging