South America is becoming a major player in the global forest, paper and packaging industries, according to a report by analysts at PricewaterhouseCoopers (PwC).
Brazil's packaging industry was worth £7bn in 2006, up 3% from 2005.
Fibre packaging makes up 40% of the market, and 80% of this by volume is corrugated casing, but it is only 65% of the market value.
However, the PwC says there are regulatory, governmental and infrastructural barriers which may act as a brake on the region realising its economic potential.
Source: packaging-technology
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