Top 10 Packaging Companies in South and Central America in 2021 by Revenue

Suzano SA, Empresas CMPC SA, Klabin SA, Vitro SAB de CV, and Bio Pappel SAB de CV are the top 5 packaging companies in South and Central America in 2021 by revenue. Collectively, the top 10 packaging companies in South and Central America generated revenue of $21,830 million, where Suzano SA ($7,594 million) has the highest, followed by Empresas CMPC SA ($6,323 million) and Klabin SA ($3,055 million), while Nadir Figueiredo Industria e Comercio SA stood lowest ($190 million). The highest revenue increase was registered by Irani Papel e Embalagem SA (55.9%), followed by Klabin SA (37.9%), and Suzano SA (34.5%), while the companies Celulosa Argentina SA had the lowest revenue growth of 3.9% respectively. In terms of the geographical split, 4 out of the top 10 packaging companies in South and Central America (Suzano SA, Klabin SA, Irani Papel e Embalagem SA, and Nadir Figueiredo Industria e Comercio SA) are based in Brazil, while 2 (Vitro SAB de CV and Bio Pappel SAB de CV) are based in Mexico, and the remaining companies are based in Chile, Colombia, and Argentina. They have employed a total of 107,724 people in 2021. Brazil-based Suzano SA is the leading packaging company in South and Central America in 2021 (by revenue). The company reported revenues of $7,594 million for the fiscal year ended December 2021 (FY2021), an increase of 34.5% over FY2020, increase in revenue was the result of a 30.4% rise in domestic sales revenue to BRL4,380.6 million in FY2021, compared with BRL3,358.2 million in FY2020. The company is a producer of eucalyptus pulp. It explores the eucalyptus forests to meet the company’s manufacturing requirement besides supplying raw materials to third parties and operates to produce pulp and paper products from ten facilities consisting of two integrated pulp and paper production. It is headquartered in Salvador, Bahia, Brazil, and employs 37,000 people in FY2021. Chile-based Empresas CMPC SA is one of the leading packaging companies in South and Central America in 2021 (by revenue). The company reported revenues of $6,323Mmillion for the fiscal year ended December 2021 (FY2021), an increase of 20% over FY2020, due to the sale of 3,631Mton of market pulp in FY2021. The company is a producer and supplier of pulp, wood, paper, and tissue products. Its portfolio of products includes toilet paper, paper towels, napkins, tissues, diapers, sanitary napkins, adult diapers, and pet care products. It is headquartered in in Santiago, Chile, and employs 22,259 people in FY2021.