The Brazil Plastic Packaging Films Market size is estimated at 0.72 Million tonnes in 2024, and is expected to reach 0.85 Million tonnes by 2029, growing at a CAGR of 3.38% during the forecast period (2024-2029).
o In 2022, Brazil achieved its highest-ever rate of mechanical plastic recycling. The country recorded a rise in the number of plastic recycling companies, reaching 711, up from 677, as reported by Sustainable Plastics in a September 2023 article.
o The technological advancements and innovations developed by Brazil's growing number of recycling companies can be adopted or adapted by Moroccan firms. Partnerships and collaborations between Moroccan and Brazilian companies can facilitate the transfer of advanced recycling technologies, improving the quality and sustainability of plastic packaging films produced in Morocco.
o According to the Organic Trade Association, in 2021, the consumption value of organicpackaged food and beverages in Brazil amounted to USD 81 million and was expectedto reach USD 105 million by 2025.
The Brazilian plastic film packaging market is a consolidated landscape with few manufacturers dominating it. Players in this market often adopt key strategies such as product launches, collaboration, and partnerships to enhance their market presence and ensure sustainability. These strategies allow them to expand their operational capabilities, access new markets, and strengthen their competitive edge.
• January 2024 - Berry Global launched an enhanced version of its Omni Xtra polyethylene cling film for fresh food products. This upgraded film is designed as a certified recyclable alternative to conventional PVC solutions. The Omni Xtra film is suitable for packaging various fresh food items, including fruits, vegetables, meat, poultry, deli products, and baked goods.
• April 2023 - Amcor, a company specializing in responsible packaging solutions, announced that its Amcor Flexibles manufacturing plant in Londrina, Brazil, became the first Amcor facility in Latin America to achieve International Sustainability and Carbon Certification Plus (ISCC Plus) status.
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