Latin America Glass Packaging Market Share

Market Share of Latin America Glass Packaging Industry

The Latin American glass Packaging Market is fragmented, with few domestic and international players such as Vitro SAB de CV, Fusión y Formas SA de CV, Gerresheimer AG, Owens-Illinois Inc., and Verallia Group. To retain their market share, companies keep on innovating and entering into strategic partnerships.

• July 2024: Vitro Glass Containers completed the anniversary of a new furnace at its Toluca plant in Mexico, boosting its capacity to cater to the perfumery and liquor segments by over 50%. This USD 70 million investment in the new furnace is set to produce 230 tons daily. With this upgrade, Vitro's Toluca facility positions itself among the world's largest producers of glass containers, specifically targeting cosmetic products, premium liquors, and specialty items. The furnace, crafted with cutting-edge technology, aims to optimize energy consumption and significantly reduce CO2 emissions.

Latin America Glass Packaging Market Leaders

1. Verallia Group

2. Owens-Illinois Inc.

3. Gerresheimer AG

4. Fusion and Forms SA de CV

5. Vitro S.A.B. de C.V

*Disclaimer: Major Players sorted in no particular order