South & Central America Slip and Tier Sheets Market Forecast to 2031 - Regional Analysis - by Material (Kraft Paperboard, Corrugated Fiberboard, High Density Polyethylene, and Others) and End-Use Industry (Food and Beverage, Consumer Electronics, Chemical

South & Central America Slip and Tier Sheets Market Forecast to 2031 - Regional Analysis - by Material (Kraft Paperboard, Corrugated Fiberboard, High Density Polyethylene, and Others) and End-Use Industry (Food and Beverage, Consumer Electronics, Chemicals, Pharmaceuticals, Retail, and Others)

The South & Central America slip and tier sheets market was valued at US$ 65.37 million in 2023 and is expected to reach US$ 98.33 million by 2031; it is estimated to register a CAGR of 5.2% from 2023 to 2031.

Growing Use of Sustainable Packaging Solutions in Shipping and Logistics Fuels South & Central America Slip and Tier Sheets Market

Slip sheets are recyclable and more environmentally 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 regions.

South & Central America Slip and Tier Sheets Market Overview

The slip and tier sheet market in South & Central America is mainly driven by increasing their use in different end-use industries, such as food and beverages, pharmaceuticals, chemicals, retail, and others. 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. Chile’s main agricultural exports include fresh fruit, dairy, wine, salmon, pork, poultry, and forestry products. According to the International Trade Administration, in 2022, agriculture and related sectors represented 26.9% of total Chilean exports (US$ 26.9 million). Further, the online retail sector is also growing rapidly in the region, driving the demand for slip and tier sheets.

South & Central America Slip and Tier Sheets Market Revenue and Forecast to 2031 (US$ Thousand)

South & Central America Slip and Tier Sheets Market Segmentation

The South & Central America slip and tier sheets market is categorized 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 (HDPE), and others. The kraft paperboard segment held the largest share of South & Central America slip and tier sheets market share in 2023.

In terms of end-use industry, the South & Central America slip and tier sheets market is segmented into food & beverage, consumer electronics, chemicals, pharmaceuticals, retail, and others. The food & beverage segment held the largest share of South & Central America slip and tier sheets market in 2023.

By country, the South & Central America slip and tier sheets market is segmented into Brazil, Argentina, and the Rest of South and Central America. Brazil dominated the South & Central America slip and tier sheets market share in 2023.

Fresh Pak Corp, International Paper Co, Georgia-Pacific LLC, Signode Industrial Group LLC, WestRock Co, Smurfit Kappa Group Plc, Eltete TPM Oy, and Sonoco Products Co are some of the leading companies operating in the South & Central America slip and tier sheets market.

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