Latin America Primary Pharmaceutical Packaging Market Size & Outlook
Latin America primary pharmaceutical packaging market, 2018-2030 (US$M)
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Latin America primary pharmaceutical packaging market highlights
- The Latin America primary pharmaceutical packaging market generated a revenue of USD 5,902.1 million in 2023.
- The market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, bottles was the largest revenue generating product in 2023.
- Parenteral Containers 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5,902.1 million |
| Market revenue in 2030 | USD 11,354.6 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Bottles |
| Fastest growing segment | Parenteral Containers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bottles, Caps & Closures, Parenteral Containers, Blister Packs, Prefillable Inhalers, Pouches, Medication Tubes |
| Key market players worldwide | Amcor PLC, Becton Dickinson & Co, AptarGroup Inc, Drug Plastics and Glass Company, Gerresheimer AG ADR, Carl Zeiss Meditec AG, O-I Glass Inc, SGD Pharma, West Pharmaceutical Services Inc, Berry Global Group Inc, WestRock Co, Comar, Vetter Pharma-Fertigung |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.6% of the global primary 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 81,369.4 million by 2030.
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Primary Pharmaceutical Packaging Market Scope
Primary Pharmaceutical Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America primary 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 primary pharmaceutical packaging market will help companies and investors design strategic landscapes.
Bottles was the largest segment with a revenue share of 29.19% in 2023. Horizon Databook has segmented the Latin America primary pharmaceutical packaging market based on bottles, caps & closures, parenteral containers, blister packs, prefillable inhalers, pouches, medication tubes covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Primary Pharmaceutical Packaging Product Outlook (Revenue, USD Million, 2018-2030)
- Bottles
- Caps & Closures
- Parenteral Containers
- Blister Packs
- Prefillable Inhalers
- Pouches
- Medication Tubes
- Syringes
- Vials & Ampoules
- Cartridges & Bottles
- Others
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Target buyers of Latin America primary pharmaceutical packaging market databook
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Our clientele includes a mix of primary pharmaceutical 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America primary pharmaceutical packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America primary pharmaceutical packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America primary pharmaceutical packaging market size, by country, 2018-2030 (US$M)
Latin America Primary Pharmaceutical Packaging Market Outlook Share, 2023 & 2030 (US$M)
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