LATAM PVDC Shrink Bag Market Size & Outlook, 2025-2033

LATAM PVDC Shrink Bag Market Insights

Packaging Market Insights analysis indicates that the LATAM PVDC Shrink Bag Market size, which was USD 111.71 Million in 2024, is projected to attain USD 205.18 Million by 2033.
The market is expected to register a CAGR of 7.02% over the period 2026–2033.
In 2024, Food Packaging emerged as the dominant By Application based on market size.
Pharmaceutical Packaging is projected to register the fastest growth, positioning it as the most attractive By Application segment over the forecast horizon.

In 2024, LATAM accounted for 7.35% of the global PVDC Shrink Bag Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Mexico is projected to emerge as the fastest-growing market in LATAM, reaching USD 62.87 Million by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 111.71 Million
Market Size In 2033	USD 205.18 Million
Largest segment	Food Packaging
Units	Revenue in USD Million
CAGR	7.02% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
By Application	Food Packaging Pharmaceutical Packaging Cosmetic Packaging Industrial Packaging
Material Type	PVDC Coated Film Multi-layer Barrier Films Heat Shrinkable Films
End Use Industry	Food Industry Pharmaceutical Industry Consumer Goods Industry
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	49.77	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: PIAnalysis Company Publications, Primary Interviews.

By Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Food Packaging	XX.x	XX.x	XX.x	44.93	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Pharmaceutical Packaging	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Cosmetic Packaging	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Industrial Packaging	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: PIAnalysis Company Publications, Primary Interviews.

Material Type	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
PVDC Coated Film	XX.x	XX.x	XX.x	57.87	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Multi-layer Barrier Films	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Heat Shrinkable Films	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: PIAnalysis Company Publications, Primary Interviews.

End Use Industry	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Food Industry	XX.x	XX.x	XX.x	52.49	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Pharmaceutical Industry	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Consumer Goods Industry	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x