South America Corrugated Boards Market

Market Introduction

The corrugated board market in South America comprises Brazil, Argentina, Chile, Mexico, Colombia, and the Rest of South America. Food & beverages, e-commerce, and electronics industries in this region have undergone rapid developments in the past few years. The food & beverage processing industry is one of the significant contributors to the economic development of the region. Corrugated boards are widely used in the food processing and packaging industry for packaging products such as fresh vegetables, fruits, poultry products, meat products, dairy products, and bakery goods being transported across supply chains. Growing traffic in retail stores in South America, especially for purchasing packaged and fresh food products, is propelling the demand for corrugated boards. With the rise in demand for food and beverage products and other consumer goods, the need for convenient and flexible logistics services also increases. Shipping and logistics companies extensively use corrugated boards and boxes for packaging goods to keep them safe during transit and warehousing. Thus, rapidly emerging organized retail landscape, and proliferating shipping and logistics businesses in the region are the key factors expected to generate high demand for corrugated boards.

Brazil reported the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of South America has taken an array of actions to protect its citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. This may have a direct impact on the growth of the corrugated board market due to significant disruptions in terms of sourcing of raw materials from suppliers as well as temporary closures of manufacturing base due to indefinite lockdowns and temporary quarantines. However, the demand for corrugated board is expected to increase in the region as the economies are recovering and vaccination drives are being adopted.

Market Overview and Dynamics

The corrugated boards market in South America is expected to grow US$ 14,868.36 million in 2021 to US$ 19,799.39 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028. With elevating investments in corrugated packaging, manufacturers have shifted their attention toward digital printing to meet the demands for high-quality, attractive, and customized corrugated packaging solutions. The growing focus on achieving flexibility in product promotion, increasing attention toward quality, and surging demand for personalization of brands or individuals have propelled the adoption of advanced printing technologies in the packaging market. Brand owners create brand loyalty by deploying advanced packaging options, thereby ensuring strong marketing, encouraging customer retention, and attracting new customers. Manufacturers are extensively deploying the litho-lamination technique, wherein an offset lithographic label is laminated to a corrugated board, thus creating an aesthetically appealing surface. Similarly, some companies adopt preprinting practices as an effective alternative to direct printing or litho-lamination. In preprinting, high-resolution graphics are directly imprinted upon linerboard. Thereafter, the board is attached to the corrugating medium along with the inner linerboard sheet during the manufacturing of the final carton. Appealing packaging helps manufacturers in creating brand awareness and promoting customer engagement. Hence, creating aesthetically appealing corrugated packaging materials with advanced digital printing techniques is expected to emerge as a significant trend in the corrugated board market during the forecast period.

Key Market Segments

In term of application, food and beverages segment held a larger market share of the corrugated boards market in 2020. Further based on food and beverages, process food industry segment held a larger market share of the corrugated boards market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the corrugated boards market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Klabin S.A.; International Paper; Arcor; Mondi; NIPPON PAPER INDUSTRIES CO., LTD.; Klingele Papierwerke GmbH & Co. KG; Smurfit Kappa; WestRock Company; Papeles y Conversiones de México; and IRANI PAPEL E EMBALAGEM S.A. among others.

Reasons to buy report

• To understand the South America corrugated boards market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for South America corrugated boards market
• Efficiently plan M&A and partnership deals in South America corrugated boards market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America corrugated boards market
• Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America Corrugated Boards Market Segmentation

South America Corrugated Boards Market – By

Application

• Food and Beverages

• Process food industry
• Fresh Fruit and Vegetable Packaging
• Others

• E-Commerce
• Consumer Durables
• Electricals and Electronics
• Others

South America Corrugated Boards Market – By

Country

• Brazil
• Argentina
• Chile
• Colombia
• Mexico
• Rest of SAM

South America Corrugated Boards Market – Companies Mentioned

• Klabin S.A.                                                                            
• International Paper                                                            
• Arcor                                                                                     
• Mondi                                                                                   
• NIPPON PAPER INDUSTRIES CO., LTD.                            
• Smurfit Kappa                                                                      
• WestRock Company       
• Klingele Papierwerke GmbH & Co. KG                            
• Papeles y Conversiones de México                                                                                       
• IRANI PAPEL E EMBALAGEM S.A. 

South America Corrugated Boards Strategic Insights

Strategic insights for the South America Corrugated Boards provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Corrugated Boards Report Scope

South America Corrugated Boards Regional Insights

The geographic scope of the South America Corrugated Boards refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.