South and Central American Industrial & Bulk Packaging Market

14 Oct 2011 • by Natalie Aster

An improved economic performance in the South and Central American region, mainly influenced by the economic recovery in Argentina and Brazil and the continued strengthening of the Mexican economy, has created an environment ripe for growth in demand in the industrial & bulk packaging market. The South and Central American industrial & bulk packaging market accounts for 4.2% of the total market share, valuing $5.6bn in 2011. The regional industrial & bulk packaging market is mainly benefitted

Visiongain calculates that the South & Central American industrial & bulk packaging industry is worth $5.6bn in 2011, which is likely to grow with the CAGR of 6.1% over the period 2011-2021 to reach the market worth of $10.1bn in 2021. The first half of the decade will experience the South & Central American industrial & bulk packaging market to grow with the CAGR of 6.0% over the period 2011-2016, retaining the consistency in growth, and will be worth $7.0bn in 2016. The rise in usage experienced by paper-based containers and corrugated boxes in Latin America is primarily driven by increases in the consumption of key end-use applications. For the period 2016-2021, the South & Central American industrial & bulk packaging market will grow with the CAGR of 6.0% and will value $10.1bn in 2021.

Report Details:

The Industrial & Bulk Packaging Market 2011-2021

Published: August 2011
Pages: 128
Price: US$ 2,350.00

Report Sample Abstract

Amid a mixed economic performance throughout the region, the increased use of flexible bulk packaging materials is a trend observed not only in Argentina but also in other South & Central American countries like Brazil. Flexible materials have reduced production/transportation costs and proved to be more convenient not only to manufacturers but consumers as well, through its light weight, easy handling, transportation and storage. Also, drums, bins and box liners will experience rise in demand, driven by their protection properties and their ability to facilitate the reuse of rigid containers and flexible intermediate bulk containers.

Packaging in Mexico offers strong opportunities for foreign companies for a number of reasons, including the high consumption of carbonates and the demand for alcoholic drinks. Several multinational packaging companies have successfully entered the packaging industry in Mexico and increased segmentation among consumer goods has enabled packaging manufacturers to innovate and to expand their customer base. Expansion and consolidation with regard to retailing has also contributed to the expansion of industrial & bulk packaging in Mexico. These trends highlight the growth in the South & Central American industrial & bulk packaging market.

Table 5.11 South & Central American Industrial & Bulk Packaging Market Forecast 2011-2021 ($bn, AGR %)

More information can be found in the report “The Industrial & Bulk Packaging Market 2011-2021” by Visiongain.

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