Latin America Glass Packaging Market - By Products (Bottles, Jars, Vials), Industry (Pharmaceuticals, Medical, Personal Care, Household Care, Agricultural), Geography, Trends, Forecast - (2020 - 2025)

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Latin America’s glass packaging market is expected to reach USD XX billion by the end of 2022 from the current estimate of USD XX billion in 2017, growing at a CAGR of XX% during the forecast period. Urbanization, changing consumer preferences, and growth in demand for beverages and alcoholic drinks have led to increase in demand for glass packaging solutions by manufacturers of these products. The market is expected to continue to witness moderate growth over the forecast period.

Glass is one of the most preferred materials for packaging of food, beverages, pharmaceuticals, and personal care products. Properties like excellent barrier properties, sterility, and reusability make it a superior packaging material. The other major advantage of glass packaging is that it can be molded into various shapes and sizes, facilitating its use across different industry verticals.

Even though glass remains the preferred packaging material for a variety of products, the growing usage of plastics as a replacement for glass will hamper the market growth. Advancements in the field of plastics for safe usage in different applications will restrict glass as a material for packaging.

Latin America’s glass packaging market is segmented on the basis of product and end-user industry. Based on the product, the market is segmented into bottles, jars, vials, and others. Based on the end-user industry, the market is segmented into pharmaceuticals, medical, household care, personal care, agricultural, and others.

Some of the key players mentioned in the report are:

  • Amcor Ltd.
  • Bemis Company, Inc.
  • Honeywell International, Inc.
  • MTS Medication Technologies
  • Reynolds Packaging
  • Sonoco Products Company
  • WestPack

What the Report Offers

  • Complete market insights, driving forces of the market, challenges it faces, and the opportunities in the current market scenario
  • A complete market segmentation has been done on the basis of different packaging and product types along with detailed analysis for the next five years
  • Complete market breakdown has been done by different countries to give a detailed picture of the glass packaging market
  • The report also gives information on major vendors of glass packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments, and profile of these vendors

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