Label Release Liner Report: Developments, Innovations and Challenges
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Brazil is unquestionably the star performer on many fronts. It is the biggest global market for Avon, and the second biggest for Unilever and Nestlé. Major global brand manufacturers have already invested significantly here, and continue to do so.
For the future, said Ribeiro, there is still plenty of opportunity for regional M&A activity—and recent months have seen activity on this front from such companies as Ritrama, Multi-Color, UPM Raflatac, and Viappiani. The reasons are clear: "Investment flows to regions with economies of scale, easy access to multiple raw materials, and a huge domestic market," Ribeiro concluded.
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