Latin America Pharmaceutical Packaging Market Size & Outlook
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Latin America pharmaceutical packaging market highlights
- The Latin America pharmaceutical packaging market generated a revenue of USD 7,543.1 million in 2023.
- The market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, plastics & polymers was the largest revenue generating material in 2023.
- Glass is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 7,543.1 million |
| Market revenue in 2030 | USD 14,221.5 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Plastics & polymers |
| Fastest growing segment | Glass |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics & Polymers, Paper & Paperboard, Glass, Aluminum Foil |
| Key market players worldwide | Amcor PLC, Becton Dickinson & Co, AptarGroup Inc, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, West Pharmaceutical Services Inc, Berry Global Group Inc, WestRock Co, International Paper Co, Comar, CCL Industries Inc Registered Shs -B- Non Vtg, Drug Plastics and Glass Company, O-I Glass Inc, SGD Pharma, Vetter Pharma-Fertigung |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global pharmaceutical packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 103,177.4 million by 2030.
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Pharmaceutical Packaging Market Scope
Pharmaceutical Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vetter Pharma-Fertigung | View profile | 5001-10000 | Ravensburg, Baden-Wurttemberg, Germany, Europe | https://www.vetter-pharma.com/en |
| SGD Pharma | View profile | 501-1000 | Hyderabad, Andhra Pradesh, India, Asia | https://www.sgd-pharma.com/ |
| Drug Plastics and Glass Company | View profile | 101-250 | Boyertown, Pennsylvania, United States, North America | https://www.drugplastics.com/ |
| O-I Glass Inc | View profile | 23000 | One Michael Owens Way, Perrysburg, OH, United States, 43551 | https://www.o-i.com |
| International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
| WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
| Schott Pharma AG & CO KGaA | View profile | 4646 | Hattenbergstrasse 10, Mainz, RP, Germany, 55122 | https://www.schott-pharma.com |
| Comar | View profile | 251-500 | Voorhees, New Jersey, United States, North America | https://www.comar.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Gerresheimer AG ADR | View profile | 11660 | Klaus-Bungert-Strasse 4, Duesseldorf, NW, Germany, 40468 | https://www.gerresheimer.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| West Pharmaceutical Services Inc | View profile | 10600 | 530 Herman O. West Drive, Exton, PA, United States, 19341-1147 | https://www.westpharma.com |
| AptarGroup Inc | View profile | 13800 | 265 Exchange Drive, Suite 301, Crystal Lake, IL, United States, 60014 | https://www.aptar.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
Latin America pharmaceutical packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical packaging market will help companies and investors design strategic landscapes.
Plastics & polymers was the largest segment with a revenue share of 38.11% in 2023. Horizon Databook has segmented the Latin America pharmaceutical packaging market based on plastics & polymers, paper & paperboard, glass, aluminum foil covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Pharmaceutical Packaging Material Outlook (Revenue, USD Million, 2018-2030)
- Plastics & Polymers
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Homo
- Random
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- HDPE
- LDPE
- LLDPE
- Polystyrene (PS)
- Others
- Paper & Paperboard
- Glass
- Aluminum Foil
- Others
- Plastics & Polymers
- Latin America Pharmaceutical Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Primary
- Plastic Bottles
- Caps & Closures
- Parenteral Containers
- Syringes
- Vials & Ampoules
- Others
- Blister Packs
- Prefillable Inhalers
- Pouches
- Medication Tubes
- Others
- Secondary
- Prescription Containers
- Pharmaceutical Packaging Accessories
- Tertiary
- Primary
- Latin America Pharmaceutical Packaging End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharma Manufacturing
- Contract Packaging
- Retail Pharmacy
- Institutional Pharmacy
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Target buyers of Latin America pharmaceutical packaging market databook
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Our clientele includes a mix of pharmaceutical packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pharmaceutical packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pharmaceutical packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America pharmaceutical packaging market size, by country, 2018-2030 (US$M)
Latin America Pharmaceutical Packaging Market Outlook Share, 2023 & 2030 (US$M)
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