Latin America Plastic Bottles Market Size & Share Analysis - Growth Trends And Forecasts (2025 - 2030)

The Latin America Plastic Bottles Market Report is Segmented by Resin (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), and Other Resins), End-Use Industries (Food, Beverage [Bottled Water, Carbonated Soft Drinks, Alcoholic Beverages, Juices and Energy Drinks, and Other Beverages (Powdered and Dairy-Based Beverages)], Pharmaceuticals, Personal Care and Toiletries, Household Chemicals, Paints and Coatings, and Other End-Use Industries), and Country (Brazil, Mexico, Columbia, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) and Volume (Tonnes) for the Above Segments.

Latin America Plastic Bottles Market Size & Share Analysis - Growth Trends And Forecasts (2025 - 2030)

Latin America Plastic Bottles Market Size

Latin America Plastic Bottles Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.29 Billion
Market Size (2030) USD 1.60 Billion
CAGR (2025 - 2030) 4.52 %
Market Concentration Low

Major Players

Latin America Plastic Bottles Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Latin America Plastic Bottles Market with other markets in Packaging Industry

Advanced Packaging

Packaging Equipment

Contract Packaging

Overall Packaging

Packaging Customers

Packaging Forms

Latin America Plastic Bottles Market Analysis

The Latin America Plastic Bottles Market size is estimated at USD 1.29 billion in 2025, and is expected to reach USD 1.60 billion by 2030, at a CAGR of 4.52% during the forecast period (2025-2030). In terms of production volume, the market is expected to grow from 135.70 million tonnes in 2025 to 166.46 million tonnes by 2030, at a CAGR of 4.17% during the forecast period (2025-2030).

  • Plastic bottles and containers, primarily made of polyethylene terephthalate, polypropylene, and polyethylene, are widely used due to their lightweight and durable nature, which enhances handling efficiency. Manufacturers prefer plastic packaging for its lower production costs. The plastic bottles market in Latin America is expected to grow during the forecast period, driven by the cost-effectiveness of plastic packaging and the increasing consumption of packaged and processed foods and beverages.
  • Plastic packaging has become increasingly popular among Latin American consumers due to its lightweight and durable nature, which enhances ease of handling and transportation. Manufacturers favor plastic packaging due to its cost-effective production and versatile design options. The introduction of advanced polymers such as polyethylene terephthalate (PET) and high-density polyethylene (HDPE) has expanded applications for plastic bottles across food and beverage, personal care, and household product industries. The market has seen increased demand for PET bottles, driven by their recyclability, clarity, and barrier properties. This trend is supported by growing consumer awareness of environmental issues and demand for sustainable packaging solutions.
  • Plastic bottles and containers are manufactured using various raw plastic materials, with polyethylene terephthalate (PET) being the primary choice due to its durability, versatility, and cost-effectiveness. As end-user industries such as food, beverage, and pharmaceuticals expand and innovate, the demand for plastic bottles and container packaging increases. This growth is driven by changing consumer preferences, urbanization, and the need for convenient packaging solutions. In particular, the food and beverage industry has seen a significant rise in plastic bottles and containers for products ranging from soft drinks and water to sauces and condiments. In the pharmaceutical industry, plastic containers are increasingly used for medication packaging, ensuring product safety and extending shelf life.
  • The introduction of new beverages with different flavors and packaging formats in the industry continues to drive the need for rigid plastic bottles. The cosmetics and personal care industry also contributes to the demand, utilizing plastic bottles for products like shampoos, lotions, and creams. As these industries continue to evolve and adapt to consumer needs, the plastic bottle and container market is expected to grow in tandem, offering opportunities for innovation in design, sustainability, and functionality.
  • Due to its unique properties, the pharmaceutical industry in Latin America has seen increased demand for plastic packaging. Key features driving adoption include moisture barrier, dimensional stability, impact strength, strain resistance, low water absorption, transparency, heat and flame resistance, and extended product shelf life. These attributes make plastic packaging particularly suitable for protecting and preserving pharmaceutical products.
  • The increase in plastic pollution across Latin America has prompted governments to implement policies to reduce plastic waste and promote sustainable packaging solutions. These measures have, to some extent, constrained the market in the region. Plastic has significantly contributed to environmental degradation, and awareness of its effects has grown among users and throughout the industry ecosystem. Governments have conducted numerous public campaigns and initiatives to raise awareness. As concerns about plastic pollution continue to rise, manufacturers and consumers increasingly gravitate toward alternative packaging materials that offer environment-friendly properties and innovative solutions.
  • For instance, Valgroup, one of the largest plastic producers, processors, and recyclers in Latin America, acquired the PET bottle recycling operations of 3 Rios Fibras e Resinas in Poços de Caldas, Minas Gerais. The company is investing in expansion, increasing its installed capacity for producing food-grade rPET (recycled PET resin). This recycling process, known as bottle-to-bottle, transforms post-consumer PET bottles into new ones ready for filling. Valgroup's PET recycling plants in Brazil, Mexico, and Spain collectively process 145,000 tons of post-consumption recycled resin annually.

Latin America Plastic Bottles Industry Overview

The Latin American plastic bottles market is fragmented, with several global and regional players, such as ALPLA Group, Amcor Group, and Enka de Colombia, vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.

  • May 2024 - ALPLA, a specialist in plastic packaging, introduced a safe, affordable, and sustainable recyclable PET wine bottle. Weighing just an eighth of a traditional glass bottle, this innovation can cut the carbon footprint by as much as 50% and offers potential cost savings of up to 30%. The bottle can be produced entirely from recycled PET (rPET). The packaging solution is currently available in 0.75 L and 1 L sizes.
  • April 2024 - Amcor, a global player in packaging solutions, unveiled a 1 L carbonated soft drink (CSD) bottle crafted entirely from post-consumer recycled (PCR) polyethylene terephthalate (PET) material.

Latin America Plastic Bottles Market Leaders

  1. Amcor Group

  2. Sidel Group

  3. Berry Global Inc.

  4. Graham Packaging

  5. Indorama Ventures Public Company Limited.

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Plastic Bottles Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Latin America Plastic Bottles Market News

  • November 2023 -Sidel's new PET bottle, designed for liquid dairy manufacturers, offers increased competitive advantages. This mini-size bottle, ranging from 65 ml to 150 ml, is suitable for products like drinking and probiotic yogurts. It is compatible with both ambient and cold chain processes. The bottle design also accommodates applications in the juice, nectar, soft drinks, isotonic, and tea markets.
  • August 2023 - Indorama Ventures Public Company Limited, a leading global producer of recycled polyethylene terephthalate (PET) resin, completed the expansion of its recycling facility in Brazil. The project was supported by a 'Blue Loan' from the International Finance Corporation (IFC), a World Bank member. Located in Juiz de Fora, Minas Gerais, the facility increased its annual production capacity of post-consumer recycled PET (PET-PCR) from 9,000 tons to 25,000 tons. This expansion aligns with Indorama Ventures' Vision 2030 strategy to build a sustainable global company, which includes a USD 1.5 billion investment to increase its recycling capacity to 50 billion PET bottles annually by 2025.

Latin America Plastic Bottles Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Defintion
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rising Popularity of Lightweight Packaging Solutions
  • 5.2 Market Restraints
    • 5.2.1 Growing Environmental Concerns over the Use of Plastic
  • 5.3 Trade Scenario
    • 5.3.1 EXIM Data
    • 5.3.2 Trade Analysis

6. MARKET SEGMENTATION

  • 6.1 By Resin
    • 6.1.1 Polyethylene (PE)
    • 6.1.2 Polyethylene Terephthalate (PET)
    • 6.1.3 Polypropylene (PP)
    • 6.1.4 Other Resins
  • 6.2 By End-use Industries
    • 6.2.1 Food
    • 6.2.2 Beverage
    • 6.2.2.1 Bottled Water
    • 6.2.2.2 Carbonated Soft Drinks
    • 6.2.2.3 Alcoholic Beverages
    • 6.2.2.4 Juices and Energy Drinks
    • 6.2.2.5 Other Beverages (Powdered and Dairy-based Beverages)
    • 6.2.3 Pharmaceuticals
    • 6.2.4 Personal Care and Toiletries
    • 6.2.5 Industrial
    • 6.2.6 Household Chemicals
    • 6.2.7 Paints and Coatings
    • 6.2.8 Other End-use Industries
  • 6.3 By Country***
    • 6.3.1 Brazil
    • 6.3.2 Mexico
    • 6.3.3 Colombia

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 ALPLA Group
    • 7.1.2 Amcor Group
    • 7.1.3 Velaplast
    • 7.1.4 Sidel Group
    • 7.1.5 Berry Global Inc.
    • 7.1.6 Graham Packaging
    • 7.1.7 Gerresheimer AG
    • 7.1.8 KHS GmbH
    • 7.1.9 VALGROUP
    • 7.1.10 Indorama Ventures Public Company Limited.
    • 7.1.11 Plastimax SA
    • 7.1.12 Maxipet SA de CV
    • 7.1.13 Pretium Packaging
    • 7.1.14 Weener Plastics Group BV
    • 7.1.15 Amfora Packaging SAS
  • 7.2 Heat Map Analysis
  • 7.3 Competitor Analysis - Emerging Vs Established Players

8. RECYCLING AND SUSTAINABILITY LANDSCAPE

9. FUTURE OUTLOOK

**Subject to Availability
*** In the final report Rest of Latin America will be considered as a separate segment.
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Latin America Plastic Bottles Industry Segmentation

The scope of the study characterizes the plastic bottles market based on the raw materials of the product, such as PP, PE, PET, and other raw materials, used across various end-use industries such as food, pharmaceuticals, beverages, cosmetics, and toiletries across multiple countries. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.

The Latin American plastic bottles market is segmented by resin (polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), and other resins), end-use industries (food, beverage [bottled water, carbonated soft drinks, alcoholic beverages, juices and energy drinks and other beverages (powdered and dairy-based beverages)], pharmaceuticals, personal care and toiletries, household chemicals, paints and coatings, and other end-use industries), and country (Brazil, Mexico, Columbia, and Rest of Latin America). The market sizes and forecasts are provided in terms of value (USD) and volume (tonnes) for all the above segments.

By Resin Polyethylene (PE)
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Other Resins
By End-use Industries Food
Beverage Bottled Water
Carbonated Soft Drinks
Alcoholic Beverages
Juices and Energy Drinks
Other Beverages (Powdered and Dairy-based Beverages)
Pharmaceuticals
Personal Care and Toiletries
Industrial
Household Chemicals
Paints and Coatings
Other End-use Industries
By Country*** Brazil
Mexico
Colombia
Need A Different Region or Segment?
Customize Now

Latin America Plastic Bottles Market Research FAQs

How big is the Latin America Plastic Bottles Market?

The Latin America Plastic Bottles Market size is expected to reach USD 1.29 billion in 2025 and grow at a CAGR of 4.52% to reach USD 1.60 billion by 2030.

What is the current Latin America Plastic Bottles Market size?

In 2025, the Latin America Plastic Bottles Market size is expected to reach USD 1.29 billion.

Who are the key players in Latin America Plastic Bottles Market?

Amcor Group, Sidel Group, Berry Global Inc., Graham Packaging and Indorama Ventures Public Company Limited. are the major companies operating in the Latin America Plastic Bottles Market.

What years does this Latin America Plastic Bottles Market cover, and what was the market size in 2024?

In 2024, the Latin America Plastic Bottles Market size was estimated at USD 1.23 billion. The report covers the Latin America Plastic Bottles Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Plastic Bottles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America Plastic Bottles Industry Report

Statistics for the 2025 Latin America Plastic Bottles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Plastic Bottles analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.