South & Central America Slip and Tier Sheets Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Material [Kraft Paperboard, Corrugated Fiberboard, High Density Polyethylene (HDPE), and Others] and End-Use Industry (Food & Beverage, Consumer Electronics, Chemicals, Pharmaceuticals, Retail, and Others)
The South & Central America slip and tier sheets market is expected to grow from US$ 62.39 million in 2022 to US$ 83.93 million by 2028. It is estimated to grow at a CAGR of 5.1% from 2022 to 2028.
Growing Use of Sustainable Packaging Solutions in Shipping and Logistics is Driving South & Central America Slip and Tier Sheets Market
Slip sheets are recyclable and more environmental-friendly than traditional wooden pallets, which are discarded in landfills. Tier sheets are also recyclable and can be made from 100% recycled paper. Many companies are taking various actions to offer greener packaging solutions. Making logistics greener allows the companies to remain competitive in the market. Various companies and industries are increasingly focusing on using green and sustainable packaging solutions, such as slip and tier sheets, in their product’s shipping and logistics to reduce carbon footprints. In addition, various rules, regulations, and initiatives are encouraging the use of sustainable packaging products across different countries. Hence, the growing trend of using sustainable packaging solutions in shipping and logistics is expected to fuel the South & Central America slip and tier sheets during the forecast period.
South & Central America Slip and Tier Sheets Market Overview
The South & Central America slip and tier sheet market is segmented into Brazil, Argentina, and the Rest of South & Central America. According to the Organization for Economic Co-operation and Development-Food and Agriculture Organization agricultural outlook, agricultural and fish production in South & Central America is projected to grow by 14% by 2032. Additionally, according to the Wisconsin Economic Development Corporation, in 2020, Chile exported agricultural products and agricultural, construction, healthcare, safety and security, mining, and telecommunication machinery and equipment worth US$ 229 million. This increase in production and export of agricultural and other industrial output is expected to propel the South & Central America slip and tier sheet market during the forecast period.
South & Central America Slip and Tier Sheets Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Slip and Tier Sheets Market Segmentation
The South & Central America slip and tier sheets market is segmented into material, end-use industry, and country.
Based on material, the South & Central America slip and tier sheets market is segmented into kraft paperboard, corrugated fiberboard, high density polyethylene, and others. The kraft paperboard segment held the largest market share in 2022.
Based on end-use industry, the South & Central America slip and tier sheets market is segmented into food and beverage, consumer electronics, chemicals, pharmaceuticals, retail, and others. The food and beverage segment held the largest market share in 2022.
Based on country, the South & Central America slip and tier sheets market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the market share in 2022.
Fresh Pak Corp, Georgia-Pacific LLC International Paper Co, Menasha Corp, Signode Industrial Group LLC, and WestRock Co are the leading companies operating in the South & Central America slip and tier sheets slip and tier sheets market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America slip and tier sheets market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the South & Central America slip and tier sheets market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the slip and tier sheets market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook