Latin America Alcoholic Drinks Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Latin America Alcoholic Drinks Packaging Market is expected to grow at a CAGR of 5.1% during the forecast period (2022-2027). With the growing number of alcoholic brands in the region, the packaging plays a significant role in differentiating the product. It is helping brands to communicate with their consumers as they can touch and feel the product through packaging. Recent innovation such as lightweight and effective recycling is driving the market.
Key HighlightsThe availability of several players providing packaging solutions for alcoholic beverages has intensified the competition in the market. Therefore, the market is moderately fragmented, with many companies developing expansion strategies. Some of the recent developments are:
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