Plastic Packages Sector

Plastic production in the country has surpassed one million tons annually, and has a very positive outlook for the coming years as the industries will continue to demand plastic materials.

 

Colombia´s plastic packaging market has reached the 31 billion units sold. By 2020 this market will surpass the 30 billion units sold.
In the last five years, sales of plastic products growth 2.2% (CAGR).
Plastic production in the country has surpassed one million two hundred thousand tons annually, and has a very positive outlook for the coming years as the industries will continue to demand plastic materials such as containers and packaging, construction, agriculture and institutional.

  • Both flexible and rigid plastic containers have consolidated in the Colombian market because they have demonstrated their ability to preserve the quality and durability of both food products and toiletries, replacing containers made of glass and metal.
  • Colombia has allowed preferential Access granting 0% tariff in most major plastic packaging items to countries like the U.S., Brazil, Mexico, Peru, Ecuador and Chile. The country has secured preferential access to a market of 1.5 billion consumers as a result of the 15 FTA’s which benefit the export-oriented industry.
  • In addition to the large number of free trade agreements in the country, Colombia also enjoys a strategic location from which manufacturing companies can benefit, especially from a cost and time efficiency perspective within Latin America and the region. Considerable cost savings can be achieved from Colombia in order to logistically supply other markets that have an important plastics industry such as Brazil, Ecuador, Peru and Chile, among others.

 

These are some of the reasons for investing in the Cosmetics and Toiletries sector. We invite you to find out in detail more reasons to consider investment projects in Colombia.

Download here:

Investment in Plastic Packages 20161.44 MB

Investment Opportunities

Assembly plastic packaging plants to meets needs Latin America and the Caribbean and take advantage of Colombia as export platform to the region.

  • A positive dynamics of plastic packaging sector in Latin America: Sales of plastic packaging is 291,363 billion units and industry in the region grow at 2.1% CAGR in 2016 (Euromonitor International 2016).

Assembly plants plastic packaging to meet the beverage and processed food:

  • The increased investment and the establishment of new projects in food and beverage industry will push demand for plastic packaging: beverage sales totals US $ 2.93 million and the food consumption in Colombia will grow to 45% in 2018   (DANE, Euromonitor International, 2016).
  • In Colombia there are more than one hundred major national and foreign companies engaged in the production of food and beverages. The operation of major global players like DANONE, Nestle, PepsiCo, SABMiller, and the Nutresa Group, which is considered the fourth largest food company in Latin America in terms of market capitalization.

Installation of plastic packaging plants to supply the cosmetics and toiletries industry which represents a market of USD $ 7.1 billion:

  • Major multinationals have manufacturing operations in the country as in the case of L'oréal, P & G, Johnson & Johnson, Belcorp, Henkel, Avon, Unilever, Yanbal and Kimberly - Clark, who have made investments to develop global production, distribution and innovation & development centers.

Regions

We invite you to learn about the main regions that offer investment opportunities for the plastic and packages sector:

Success Stories

  • Kimberly Clark, United States: Opened its third global innovation center in Medellin.
  • Yanbal, Peru: Invested in adapting its plant in Colombia, for the creation of a portfolio of men's products.
  • Procter & Gamble, United States: opened its new operations center in Rionegro.
  • Unilever, UK: Central Office for Central America and the Andean region, distribution center and the most technological detergent plant in Valle del Cauca.
  • Belcorp, Peru: Make investment in an R&D and production plant in Tocancipa, from which supplies the market in the Andean region.

Contact

These are only some of the reasons to invest in the Plastick Packaging industry, we invite you to learn in detail about these and more reasons to make Colombia the destination for your projects.

Investment Specialist: Germán Rios

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At PROCOLOMBIA we cater to international companies, large enterprises and foreign government agencies interested in investment in Colombia.

Due to the nature of our activities, we do not attend to individual or personal investment requirements.

We suggest you review our Frequently Asked Questions on Investment in Colombia before you send us your inquiries.

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