Market Share of Latin America Glass Packaging Industry
The Latin America Glass Packaging Market is moderately fragmented, with few dominant firms and few new firms in the market. The companies keep on innovating and entering into strategic partnerships to retain their market share.
- July 2020 - Coca-Cola Co. announced expanding further into the market for boozy beverages with an alcoholic version of its popular Topo Chico mineral water. The soft drink company, which aspires to be a 'total beverage company,' stated it would provide Topo Chico Hard Seltzer in 'select cities' in Latin America later in 2020. Coca-Cola cited Topo Chico's popularity in cocktails and mixed drinks.
- May 2020 - Mexican glass container vendor Glass&Glass announced that it plans to install a second furnace at its manufacturing plant in Altamira, Tamaulipas. This 200 ton a day furnace is likely to be ready by 2021 and is being constructed to meet a growth in demand for the company's glass products.
Latin America Glass Packaging Market Leaders
Amcor Ltd.
Honeywell International, Inc.
Reynolds Packaging
Sonoco Products Company
Westpack
*Disclaimer: Major Players sorted in no particular order
