Latin America Protective Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Latin America Protective Packaging Market is segmented by Material Type (Plastics, Paper and Paperboard), Product Type (Rigid, Flexible, Foam Based), End-user Vertical (Food and Beverage, Pharmaceutical, Consumer Electronics, Beauty and Homecare), and Country.

Latin America Protective Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latin America Protective Packaging Market Size

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LA
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 6.20 %
Market Concentration Medium

Major Players

Latin America Protective Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Latin America Protective Packaging Market with other markets in Packaging Industry

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Latin America Protective Packaging Market Analysis

The Latin America Protective Packaging Market is expected to register a CAGR of 6.2% during the forecast period.

  • Latin America is one of the growing regions, which is expected to witness a significant share of the e-commerce market during the forecast periods. According to mobile payments today, in 2019, 155.5 million people in the region are expected to buy goods and services online, which is a dramatic increase from 126.8 million in 2016.
  • Also, according to fintech times, the region's e-commerce sales are predicted to rise to USD 79.7 billion in 2019 from USD 49.8 billion in 2016. The local growth of consumer preferences, rise in internet and smartphone usage, and the entrance of many MNC e-commerce players such as Amazon and Alibaba have disrupted the traditional market and leveraged e-commerce to access small and medium-sized clients. Such factors cater to the major demand for protective packaging in the region.
  • Furthermore, Smurfit Kappa has used its eSmart service to enable the leading Latin American egg provider to enter the eCommerce channel successfully. The fragile nature of eggs was a key factor in this project. They took a data-driven approach and used their eSmart service tools to design a fit-for-purpose and attractive packaging solution. It is expected that the demand for molded pulp might increase significantly with such addition in online sales.
  • Foam is used as protective packaging due to its unique shock absorbing abilities, and players such as Sonoco Protective Solutions and Nefab Group in Mexico provide various molded foam as a protective packaging material.
  • During the COVID-19 crisis, the supply chains are under unprecedented pressure, but sealed air has enabled its protective packaging products to be transported quickly and safely to end-users such as food, medicine, and other critical products that need the items most with quality and safety. Moreover, due to the outbreak of COVID-19, the market for protective packaging is witnessing significant growth owing to a rise in demand from e-commerce, pharmaceutical, and other end-user industries.

Latin America Protective Packaging Industry Overview

The Latin America protective packaging market is moderately fragmented and consists of various vendors providing these products and solutions. Players in the market focus on product innovations and strategic initiatives such as mergers and acquisitions and partnerships to capture the market share. Some of the recent developments in the market are:

  • January 2020 - Sealed Air announced to launch a new version of BUBBLE WRAP brand packaging material that is made with at least 90% recycled content. It offers the same level of protection and air retention as the original invention yet enables a circular plastics economy, reduces carbon footprint by 30%, and serves as a resource-efficient packaging solution. Such innovation will cater to market growth in Latin American countries.
  • December 2019 - Storopack unveiled new raw material for protective packaging made from 100% rEPS. The rEPS includes 100% recycled expanded polystyrene (EPS) or polystyrene (PS) collected from post-consumer goods. The company will launch the product in the first half of 2020.

Latin America Protective Packaging Market Leaders

  1. Intertape Polymer Group Inc.

  2. Sealed Air Corporation

  3. Sonoco Products Company

  4. Smurfit Kappa Group plc

  5. Crown Holdings Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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Latin America Protective Packaging Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Market Drivers
    • 4.3.1 Increasing Trend of E-Commerce
  • 4.4 Market Challenges
    • 4.4.1 Alternative Forms of Packaging
  • 4.5 Assessment of Impact of COVID-19 on the market

5. MARKET SEGMENTATION

  • 5.1 Material Type
    • 5.1.1 Plastics
    • 5.1.2 Paper and Paperboard
    • 5.1.3 Other Material Types
  • 5.2 Product Type
    • 5.2.1 Rigid
    • 5.2.1.1 Molded Pulp
    • 5.2.1.2 Paperboard-based Protectors
    • 5.2.1.3 Insulated Shipping Containers
    • 5.2.2 Flexibles (Mailers, Paper Full, and Air Pillows)
    • 5.2.2.1 Bubble Wraps
    • 5.2.3 Foam Based
  • 5.3 End-user Vertical
    • 5.3.1 Food and Beverage
    • 5.3.2 Pharmaceutical
    • 5.3.3 Consumer Electronics
    • 5.3.4 Beauty and Homecare
    • 5.3.5 Other End-user Verticals
  • 5.4 Country
    • 5.4.1 Argentina
    • 5.4.2 Mexico
    • 5.4.3 Brazil
    • 5.4.4 Rest of Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles*
    • 6.1.1 Intertape Polymer Group Inc.
    • 6.1.2 Sealed Air Corporation
    • 6.1.3 Sonoco Products Company
    • 6.1.4 Smurfit Kappa Group
    • 6.1.5 Crown Holdings Inc.
    • 6.1.6 Huhtamaki Group
    • 6.1.7 International Paper Company
    • 6.1.8 Storopack Hans Reichenecker Gmbh

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

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Latin America Protective Packaging Industry Segmentation

Protective packaging are materials that are built to protect and add buffer to a product from potential harm or damages/destruction while shipping or warehousing. Protective packaging can be used either as a primary packaging or secondary packaging material depending upon the products' end-use application. The scope of the market is comprehensive and is limited to Latin America.

Material Type Plastics
Paper and Paperboard
Other Material Types
Product Type Rigid Molded Pulp
Paperboard-based Protectors
Insulated Shipping Containers
Flexibles (Mailers, Paper Full, and Air Pillows) Bubble Wraps
Foam Based
End-user Vertical Food and Beverage
Pharmaceutical
Consumer Electronics
Beauty and Homecare
Other End-user Verticals
Country Argentina
Mexico
Brazil
Rest of Latin America
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Latin America Protective Packaging Market Research FAQs

What is the current Latin America Protective Packaging Market size?

The Latin America Protective Packaging Market is projected to register a CAGR of 6.2% during the forecast period (2025-2030)

Who are the key players in Latin America Protective Packaging Market?

Intertape Polymer Group Inc., Sealed Air Corporation, Sonoco Products Company, Smurfit Kappa Group plc and Crown Holdings Inc. are the major companies operating in the Latin America Protective Packaging Market.

What years does this Latin America Protective Packaging Market cover?

The report covers the Latin America Protective Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Protective Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America Protective Packaging Industry Report

Statistics for the 2025 Latin America Protective Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Protective Packaging analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.