Latin America Glass Bottle Market Report and Forecast 2024-2032

Latin America Glass Bottle Market Outlook

The Latin America glass bottle market size reached USD 5.60 billion in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032, reaching almost USD 8.47 billion by 2032.

Key Takeaways:

• Blown glass bottles are expected to gain widespread popularity among consumers in Latin America.

• The growth of the personal care industry is expected to leverage the demand for glass bottles in Latin America.

• Mexico is expected to dominate the Latin America glass bottle market over the forecast period.

Refillable glass bottles have emerged as one of the key Latin America glass bottle market trends. Unlike plastics and other materials, they can be easily sanitised and used for storing beverages and food products over long periods. This has made packaged beverages more affordable (15% less price as compared to a new bottle) for Latin Americans, thereby contributing to the market growth. Moreover, the global shift towards sustainability is also promoting the usage of refillable glass bottles in the region.

Major Latin America glass bottle market players are engaged in providing bottle decoration services for various industries, including cosmetics, chemicals, and pharmaceuticals, among others. This includes silk screening, hot stamping, glitter spraying, gunpowder spraying, typography, gradient spraying, and acid etching, among others. Increasing focus on enhancing the aesthetic appeal of various packaging materials is positively impacting the market.

The robust growth of the personal care and cosmetics industry in many Latin American countries, including Brazil, is driving the demand for glass bottles which imparts a sense of luxury to the user of cosmetic products. Glass protects the contents of cosmetics from heat and light, which maximises their shelf life. Moreover, it is an inert and non-toxic material that protects and preserves the quality of ingredients, thereby driving the Latin America glass bottle market growth.

Market Segmentation

Latin America Glass Bottle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Capacity

• Up to 50 ml

• 51-200 ml

• 201-500 ml

• 501 ml and above

Market Breakup by Manufacturing Process

• Blown

• Tubing

Market Breakup by Application

• Beverage
  • Alcoholic
  • Non-alcoholic

• Food

• Personal Care and Cosmetics

• Pharmaceuticals

• Chemicals

• Others

Market Breakup by Country

• Brazil

• Mexico

• Argentina

• Others

The key market players are O-I Glass, Inc., Vitro, S.A.B de C.V, Gerresheimer AG, Wheaton Brasil Group, Saverglass SAS, Verallia SA, Fusión y Formas S.A. de C.V., and Fevisa Industrial, S.A. de C.V., among others.

Key Highlights of the Report