The Latin America Flexible Packaging Market reached a size of USD 9.0 Billion in 2025 and is projected to grow to USD 12.4 Billion by 2034. The market is expected to expand at a CAGR of 3.36% during the forecast period of 2026-2034. Rising consumer preferences for convenience and increased sustainability focus among key players are driving market growth.
Study Assumption Years
Base Year: 2025
Historical Year/Period: 2020-2025
Forecast Year/Period: 2026-2034
Latin America Flexible Packaging Market Key Takeaways
The market size was USD 9.0 Billion in 2025.
The market is expected to grow at a CAGR of 3.36% during 2026-2034.
The forecast period covers 2026-2034.
The burgeoning demand for convenient and lightweight packaging solutions is a fundamental driver.
Increasing environmental awareness is driving demand for eco-friendly and recyclable materials.
Technological innovations such as intelligent labels and interactive packaging features are gaining traction.
Brazil and Mexico are key regional markets influenced by growing economies and expanding middle-class consumption.
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Market Growth Factors
The burgeoning demand for convenient and lightweight packaging solutions serves as a primary growth driver for the Latin America flexible packaging market. Consumers increasingly prefer packaging that offers ease of use and portability, influencing packaging manufacturers to prioritize flexible packaging options that meet these needs. Alongside convenience, growing awareness of environmental impact has propelled demand for eco-friendly and recyclable materials across the region, with both consumers and businesses emphasizing sustainability.
The expanding food and beverage industry is pivotal in driving flexible packaging demand. Flexible packaging conveniently extends shelf life and provides protection from environmental factors such as moisture, oxygen, and light. For example, Mexico's food sector had about 172,588 food establishments in 2022, producing over 178 trillion Mexican pesos. This trend is driving the need for packaging solutions that maintain product integrity and convenience, positively influencing market growth.
The rapid expansion of e-commerce in Latin America also fuels market growth. Predictions show a 52% increase in e-commerce users by 2029, reaching approximately 419 million buyers. The Mexican market alone had around 74 million e-commerce users in 2024, generating revenues near US$ 38 billion. This growth creates demand for packaging that protects products during transit, where flexible packaging's lightweight and space-efficient characteristics are essential. Additionally, increasing consumer demand for sustainable packaging is evident, with companies like Inteplast Engineered Films investing in films made with up to 80% recycled content, meeting eco-conscious consumer preferences.
Market Segmentation
Product Type
Printed Rollstock: Flexible packaging material in rolls printed with designs and information, used to form, fill, and seal packaging.
Preformed Bags and Pouches: Ready-to-use flexible packaging manufactured in specific shapes and sizes before filling.
Others: Various forms of flexible packaging beyond printed rollstock and preformed bags.
Raw Material
Plastic: Widely used across food, beverage, electronics, and household items due to versatility and cost-effectiveness.
Paper: Demand boosted by e-commerce growth; preferred for eco-friendly packaging due to sustainability perceptions.
Aluminium Foil: Provides superior protection against moisture, light, and oxygen, important for food and pharmaceuticals.
Cellulose: Included as a raw material option with eco-conscious applications.
Printing Technology
Flexography: Relief printing using flexible printing plates to transfer ink onto substrate.
Rotogravure: Intaglio process engraving images onto cylinders for ink transfer.
Digital: Direct transferring of digital images via inkjet or laser technology without plates.
Others: Additional printing technologies employed in flexible packaging.
Application
Food and Beverages: Flexible packaging extends shelf life and protects products from environmental damage.
Pharmaceuticals: Provides barriers against contaminants and tamper-evident features ensuring medication safety.
Cosmetics: Enables eye-catching designs, customization, and premium finishes enhancing brand appeal.
Others: Additional applications not specified.
Regional Insights
Brazil and Mexico are dominant markets within Latin America for flexible packaging. Brazil's growing economy and urbanization increase demand for packaged goods. Mexico’s expanding middle class fuels higher consumption of packaged snacks, beverages, and personal care products. The growth of modern retail channels like supermarkets supports flexible packaging usage. Both countries’ trends significantly contribute to the overall market growth in Latin America.
Recent Developments & News
March 2024: SIG partnered with dairy company DPA Brasil to introduce spouted pouch packaging for the Chamyto yogurt brand.
October 2023: PAC Worldwide established a new full-service flexible packaging facility in Mexico.
September 2023: Amcor launched its AmFiber Performance Paper packaging line in Latin America.
Key Players
Inteplast Engineered Films (IEF)
SIG
PAC Worldwide
Amcor
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