The international research firm TechNavio, Elmhurst, Ill., USA, reports that the folding carton market in Latin America is projected to grow at a CAGR of 5.21% during the period 2014-2018. The new report, titled Folding Carton Market in Latin America 2014-2018, is currently available through Reportbuyer, London, U.K.
According to the report, one of the key factors contributing to this market growth is rising consumer disposable income. The folding carton market in Latin America has also been witnessing the increase in technological innovations. However, the high risk of packaged food contamination could pose a challenge to the growth of this market.
The TechNavio report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Brazil, Mexico, Argentina, and other countries. It also covers the folding carton market landscape and its growth prospects in the coming years. The report additionally includes a discussion of key vendors operating in this market.
Key vendors currently dominating this space, the report notes, are Graphic Packaging Holding Co., Mayr-Melnhof Karton AG, MeadWestvaco Corp., RockTenn Co., and Smurfit Kappa Group. Other vendors mentioned in the report are Amcor Ltd., Atlas Holding LLC, Diamond Packaging, International Paper Co., Menasha Packaging Company LLC, and Sonoco Products Co.
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