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Pulished Date August, 2020
ID: 9964
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Latin America Eco-friendly Food Packaging Market is segmented By Material (Plastic, Aluminumand Paper), By Application (Food &Beverages, Dairy Products, Meat & Related Products, Fruits and Vegetables), By Packaging Type (Recycled Content, Reusable and Degradable) and By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2020-2025)

Pulished: August, 2020
ID: 9964
Pages: 135

Latin America Eco-friendly Food Packaging Market Growth and Forecast (2020-2025):

The Latin America Eco-friendly Food Packaging Market size was evaluated to be US$ xx million in 2020 and is predicted to reach US$ xx million by 2025 with an annual development rate of xx% between 2020 and 2025.

Market Overview:

Eco-friendly Food Packaging is naturally separated into raw materials by biological agents such as mold and bacteria. These are usually products that can be broken down by microbes and other natural biological processes. Eco-friendly Food Packaging is a process that uses biodegradable materials such as starch-based plastics, cellulose-based plastics, etc. for food packaging. Biodegradable products include products consisting of paper, food waste, textiles, and wood. Eco-friendly Food Packaging is generally defined as a means of providing biodegradable protection that is primarily used for product information, identification, presentation and convenience, from production to use.

Recent Developments in Latin America Eco-friendly Food Packaging Industry:

  • Ball Corporation has established a new aluminum cup manufacturing plant. The company founded the plant as demand for innovative and eco-friendly beverage packaging increased for customers and other consumers.
  • Smurfit has partnered with specialty beer maker Vanhonsebrouck to implement a full circular supply chain and production line, making several changes to provide an eco-friendly packaging solution, including recycling cans rather than glass on lines existing production.

Latin America Eco-friendly Food Packaging Market Growth:

Increased consumer awareness of organic products is expected to be a key factor driving Latin America Eco-friendly Food Packaging market growth.

Drivers:

Increased mobile food consumption among the workforce is expected to support growth in the Latin America Eco-friendly Food Packaging market. The increasing worldwide call for eco-friendly packaging in various end-user verticals, particularly, the food & beverage segment is majorly driving the business in this locale. Also, strict regulations established by government authorities to control the use of non-recyclable materials for packaging are another factor that is expected to accelerate growth in the target market during the outlook period. The growing awareness of the environmental problems associated with the use of non-degradable materials is affecting the adoption of Latin America Eco-friendly Food Packaging materials. These packages are used in a variety of end-use industries, including retail and food and beverage. Recent advances and technological changes have led to a market for Latin America Eco-friendly Food Packaging. Innovative products, such as grocery packaging and water-soluble packaging, are strengthening the market in the Latin America. As environmental concerns mount, demand for confectionery and food products increases, and government regulations are expected to embrace the Latin America Eco-friendly Food Packaging market during the forecast period. Food packaging prevents contamination, preserves nutrients and original flavor, and remains useful until reaching the end user or consumer. The increased consumer awareness associated with the use of biodegradable food products is expected to strengthen the growth of the Latin America market. In addition to this, advanced production processes and technological innovations adopted by Eco-friendly Food Packaging manufacturers are expected to accelerate the growth of the global biodegradable food packaging market during this period. As consumer preference for biodegradable material-based products increases, growth in the biodegradable food packaging market is expected to accelerate during the forecast period due to increased contamination, posing serious environmental problems in the region.

Restraints:

Volatile raw materials are profitable and the availability of alternative solutions can hinder the growth of the target market. Regarding the assembly of ecologically acceptable food packaging materials for the Latin America, access to small quantities of items and other construction challenges are considered to limit the development of the ecologically acceptable food packaging market in Latin America. The high cost of production also runs the risk of limiting industry support, especially to new and small players. Changes in the cost of items can hinder the mechanical development of eco-acceptable food packaging in the Latin America during the speculation period. Furthermore, the need for expensive equipment for reusing food packages is also an important factor based on limiting the development of the market for ecologically acceptable food packaging in the Latin America faster than later.

Impact of COVID 19 on the Latin America Eco-friendly Food Packaging Market:

COVID-19 can directly affect production and demand, create supply chain and market turmoil, and impact the global economy in three main ways with a financial impact on the business and the financial market. In the past, the market has grown significantly, but in 2020 the growth rate is expected to slow as many restaurants close due to unexpected COVID-19 outbreaks, transportation bans, and strict rules. Regulations established by the government. If the availability of raw materials decreases due to the strict transport ban, this reduction will be considerably hampered.

Latin America Eco-friendly Food Packaging Market Segmentation Analysis:

The Latin America Eco-friendly Food Packaging Market is segmented based on material, packaging type and application.

By material, paper and cardboard are expected to account for the majority of the organic food packaging market during the forecast period. Paper and cardboard are the favored packaging materials in the food and drink industry because of their degradability and reusing properties. Ready to-eat, frozen, takeaway, and new nourishments are conveyed and delivered in containers, which is because of an expanded natural hazard. Hard boxes are preferred for transportation. However, fresh produce is not flexible and comes in molded paper and cardboard.

Based on the application, the food sector occupied the largest market size in the organic food packaging market during the forecast period. The food sector occupied the majority in 2019 and represented around 70% of the total market. Consumers find a convenient food solution due to lack of time. Desires for food quality, cleanliness and health awareness are driving the market for organic packaging in the food division. Beverages are commonly offered as reusable or recyclable items.

By packaging type, the regional market is separated into recycled content, reusable and degradable. The growing demand for bio-degradable packaging products is likely to create immense growth opportunities for this business in the future.

By Country: Brazil, Mexico, Argentina, Chile & Rest of Latin America

Regional Analysis:

The Latin America Eco-friendly Food Packaging market brings a noteworthy portion of the benefits to the objective market. This is because of the expanded utilization of prepackaged nourishments among youngsters. The expansion in the work power, combined with high discretionary cashflow, is likely to help deals development in the area's Latin America Eco-friendly Food Packaging market. In addition, the strong manufacturing base of food and beverage companies and the accessibility of raw materials and low-cost labor in the region are other key factors driving growth in the Latin America Eco-friendly Food Packaging market. Furthermore, another factor driving growth in the regions of Latin America Eco-friendly Food Packaging target market, as the number of food retail chains and food stores in emerging countries such as Brazil and Argentina increase.

Key Players in the Market:

Major Key Players in the Latin America Eco-friendly Food Packaging Market are

  • Mondi Group
  • Amcor
  • Ball Corporation
  • Sealed Air Corporation
  • Crown Holding Inc
  • Printpack
  • Huhtamaki Oyj
  • BASF
  • Smurfit Kappa
  • Westrock
  • Sonoco Company
  • Elopak
  • Evergreen
  • Berry Global
  • Winppak
  • Tetra Pak

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Eco-friendly Food Packaging Market, By Material          

                   6.1.1 Plastic

                   6.1.2 Paper 

                   6.1.3 Aluminum    

                   6.1.4 Market Size Estimations & Forecasts (2020-2025)   

                   6.1.5 Y-o-Y Growth Rate Analysis       

                   6.1.6 Market Attractiveness Index       

          6.2 Eco-friendly Food Packaging Market, By Application               

                   6.2.1 Food & Beverages   

                   6.2.2 Dairy Products       

                   6.2.3 Meat & Related Products   

                   6.2.4 Fruits and Vegetables       

                   6.2.5 Market Size Estimations & Forecasts (2020-2025)   

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

          6.3 Eco-friendly Food Packaging Market, By Packaging Type                  

                    6.3.1 Recycled Content   

                   6.3.2 Reusable      

                   6.3.3 Degradable   

                   6.3.4 Market Size Estimations & Forecasts (2020-2025)   

                   6.3.5 Y-o-Y Growth Rate Analysis       

                   6.3.6 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Latin America - Market Analysis (2020 - 2025)          

                   7.2.1 By Country   

                             7.2.1.1 Brazil

                             7.2.1.2 Argentina

                             7.2.1.3 Mexico

                             7.2.1.4 Rest of Latin America

                   7.2.2 By Material   

                   7.2.3 By Application        

                   7.2.4 By Packaging Type  

8. Key Player Analysis                         

          8.1 Mondi Group             

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Amcor            

          8.3 Ball Corporation                  

          8.4 Sealed Air Corporation         

          8.5 Crown Holding Inc               

          8.6 Printpack                  

          8.7 Huhtamaki Oyj          

          8.8 BASF SE           

          8.9 Smurfit Kappa           

          8.10 Tetra Pak                

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Material, Application, Packaging Type and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Latin America Eco-friendly Food Packaging Market By Material, From 2020-2025 ( USD Billion )
  2. Latin America Plastic Market By Region, From 2020-2025 ( USD Billion )
  3. Latin America Paper Market By Region, From 2020-2025 ( USD Billion )
  4. Latin America Aluminum Market By Region, From 2020-2025 ( USD Billion )
  5. Latin America Eco-friendly Food Packaging Market By Application, From 2020-2025 ( USD Billion )
  6. Latin America Food & Beverages Market By Region, From 2020-2025 ( USD Billion )
  7. Latin America Dairy Products Market By Region, From 2020-2025 ( USD Billion )
  8. Latin America Meat & Related Products Market By Region, From 2020-2025 ( USD Billion )
  9. Latin America Fruits and Vegetables Market By Region, From 2020-2025 ( USD Billion )
  10. Latin America Eco-friendly Food Packaging Market By Packaging Type, From 2020-2025 ( USD Billion )
  11. Latin America Recycled Content Market By Region, From 2020-2025 ( USD Billion )
  12. Latin America Reusable Market By Region, From 2020-2025 ( USD Billion )
  13. Latin America Degradable Market By Region, From 2020-2025 ( USD Billion )
  14. Brazil Eco-friendly Food Packaging Market By Material, From 2020-2025 ( USD Billion )
  15. Brazil Eco-friendly Food Packaging Market By Application, From 2020-2025 ( USD Billion )
  16. Brazil Eco-friendly Food Packaging Market By Packaging Type, From 2020-2025 ( USD Billion )
  17. Argentina Eco-friendly Food Packaging Market By Material, From 2020-2025 ( USD Billion )
  18. Argentina Eco-friendly Food Packaging Market By Application, From 2020-2025 ( USD Billion )
  19. Argentina Eco-friendly Food Packaging Market By Packaging Type, From 2020-2025 ( USD Billion )
  20. Mexico Eco-friendly Food Packaging Market By Material, From 2020-2025 ( USD Billion )
  21. Mexico Eco-friendly Food Packaging Market By Application, From 2020-2025 ( USD Billion )
  22. Mexico Eco-friendly Food Packaging Market By Packaging Type, From 2020-2025 ( USD Billion )
  23. Rest of Latin America Eco-friendly Food Packaging Market By Material, From 2020-2025 ( USD Billion )
  24. Rest of Latin America Eco-friendly Food Packaging Market By Application, From 2020-2025 ( USD Billion )
  25. Rest of Latin America Eco-friendly Food Packaging Market By Packaging Type, From 2020-2025 ( USD Billion )

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