Latin America Pharmaceutical Glass Packaging Market Size & Outlook
Latin America pharmaceutical glass packaging market, 2018-2030 (US$M)
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Latin America pharmaceutical glass packaging market highlights
- The Latin America pharmaceutical glass packaging market generated a revenue of USD 1,297.1 million in 2021.
- The market is expected to grow at a CAGR of 9.9% from 2022 to 2030.
- In terms of segment, bottles was the largest revenue generating product in 2021.
- Ampoules is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 1,297.1 million |
| Market revenue in 2030 | USD 3,036.2 million |
| Growth rate | 9.9% (CAGR from 2021 to 2030) |
| Largest segment | Bottles |
| Fastest growing segment | Ampoules |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vials, Bottles, Cartridges & syringes, Ampoules |
| Key market players worldwide | Amcor PLC, Becton Dickinson & Co, AptarGroup Inc, Drug Plastics and Glass Company, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, O-I Glass Inc, West Pharmaceutical Services Inc, Berry Global Group Inc, WestRock Co, SGD Pharma, International Paper Co, Comar, CCL Industries Inc Registered Shs -B- Non Vtg, Vetter Pharma-Fertigung |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.6% of the global pharmaceutical glass packaging market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,118.4 million by 2030.
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Pharmaceutical Glass Packaging Market Scope
Pharmaceutical Glass Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America pharmaceutical glass 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 glass packaging market will help companies and investors design strategic landscapes.
Bottles was the largest segment with a revenue share of 33.5% in 2021. Horizon Databook has segmented the Latin America pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, Mexico, Venezuela and Argentina are the major pharmaceutical markets in CSA. Pharmaceutical sales in the region are likely to grow by around 5.0% and reach USD 6.90 billion by 2018. Local production in the country accounts for approximately 85.0% of the market volume.
Increasing pharmaceutical production by local players is likely to augment the demand for glass primary packaging products such as bottles, vials, ampoules, and syringes & cartridges.
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Target buyers of Latin America pharmaceutical glass packaging market databook
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Our clientele includes a mix of pharmaceutical glass packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 glass packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pharmaceutical glass packaging market size, by country, 2018-2030 (US$M)
Latin America Pharmaceutical Glass Packaging Market Outlook Share, 2021 & 2030 (US$M)
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