Latin America Pharmaceutical Plastic Packaging Market Size and Share Analysis - Growth Trends and Forecasts (2025 - 2030)

The Latin America Pharmaceutical Plastic Packaging Market Report is Segmented by Raw Material (Polypropylene, Polyethylene Terephthalate, Low-Density Polyethylene, High-Density Polyethylene, and Other Material), Product Type (Solid Containers, Dropper Bottles, Nasal Spray Bottles, Liquid Bottles, Oral Care, Pouches, Vials and Ampoules, Cartridges, Syringes, Caps and Closures, and Other Product Types), and Country (Brazil, Mexico, Argentina, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Latin America Pharmaceutical Plastic Packaging Market Size and Share Analysis - Growth Trends and Forecasts (2025 - 2030)

Latin America Pharmaceutical Plastic Packaging Market Size

Latin America Pharmaceutical Plastic Packaging Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.75 Billion
Market Size (2030) USD 5.21 Billion
CAGR (2025 - 2030) 6.79 %
Market Concentration Medium

Major Players

Latin America Pharmaceutical Plastic Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Latin America Pharmaceutical Plastic Packaging Market Analysis

The Latin America Pharmaceutical Plastic Packaging Market size is estimated at USD 3.75 billion in 2025, and is expected to reach USD 5.21 billion by 2030, at a CAGR of 6.79% during the forecast period (2025-2030).

  • Pharmaceutical plastic packaging advantages include no contamination, lightweight, barrier-resistant, safe, convenient, and cost-effective. Plastic is considered one of the primary packaging materials used in the pharmaceutical industry. The pharmaceutical industry is increasing, creating a need for packaging to treat non-communicable and communicable diseases. The demand for plastic packaging in pharmaceutical manufacturing is growing as it protects pharmaceuticals from damage, biological contamination, and external influences.
  • Brazil and Mexico are significant contributors to the market share in the Latin American pharmaceutical industry. The countries are the mature markets in the region. The pharmaceutical market in the country witnessed various acquisitions, product innovations, and strategic expansion. Owing to the benefits offered by plastic materials, this is expected to aid the growth of the pharmaceutical plastic packaging market in the region.
  • Brazil has the most significant healthcare market in Latin America, with around 9.5% of GDP expenditure on healthcare. According to the International Trade Administration, around 7,191 hospitals are there in the country. In 2022-23, there were about 90,9000 drugstores in the country. Such growth in hospitals would increase the opportunities for pharmaceutical plastic packaging vendors nationwide to serve the growing packaging need for prescribed pharmaceuticals.
  • The region's expanding pharmaceutical production, the increased availability of over-the-counter medicines, and significant investments made by local businesses contribute to the enormous growth of the region's pharmaceutical industry. These trends would lead to a rise in the demand for pharmaceutical plastic packaging in the area.
  • Additionally, factors like the rising cost of medical care and the expanding tendency of different end-users, such as hospitals and medication makers, are anticipated to fuel the use of the product during the forecast period. The increased demand for pharmaceuticals is a result of technological advancements in the industry, which directly creates demand for plastic bottles, vials, and other packaging materials.
  • The senior population is increasing rapidly and is expected to continue during the forecast period, leading to high demand for pharmaceuticals and market growth. The increase in the incidence of chronic diseases such as cancer and infectious diseases, as well as the aging population needing advanced and patient-friendly packaging, is also expected to lead to the blister packaging market's growth during the forecast period. Blister packaging is a convenient and easy-to-use packaging format for solid oral medicines. This is especially true for older patients who often have difficulty opening medicine bottles. At the same time, the blister packaging keeps children safe.

Latin America Pharmaceutical Plastic Packaging Industry Overview

The Latin American pharmaceutical plastic packaging market is semi-consolidated. Key players operating in the market include Amcor Group Inc., Gerresheimer AG, Berry Global Group Inc., Klockner Pentaplast Group, ALPLA Group, and Greiner Packaging International GmbH. Players in the market are trying to increase their market share in the region through product innovation, acquisitions, and expansions.

  • January 2024: ALPLApharma, a division of Alpla Group, announced the joint venture with Inden Pharma. The joint venture benefited the company from the expertise and experience of the partner in the pharmaceutical market.
  • October 2023: Gerresheimer AG announced the partnership with Rezemo for sustainable closures for primary packaging solutions in the pharmaceutical, cosmetics, food, and beverages industries. The partnership strategy will help the company step toward advancing environmentally friendly packaging solutions.

Latin America Pharmaceutical Plastic Packaging Market Leaders

  1. Amcor Group Inc.

  2. Gerresheimer AG

  3. Berry Global Group, Inc.

  4. ALPLA Group

  5. Klockner Pentaplast Group

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Pharmaceutical Plastic Packaging Market Concentration
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Latin America Pharmaceutical Plastic Packaging Market News

  • June 2024 - BERICAP expands production in Africa, South America and South East Asia, BERICAP recently invested in another plant in Africa and now also has operations in South Africa. Peru is BERICAP’s fourth production site in Latin America and is said to also allow good access to Bolivia, the northern part of Chile and Ecuador, totalling around 60 million consumers. The new 5,000 m² production facility is situated in Lima with 50 employees. The BERICAP team in Peru is supported by the teams at BERICAP do Brazil and BERICAP Argentina. 
  • January 2024 – ALPLA has purchased Fortiflex, a packaging specialist located in Puerto Rico, which produces buckets, canisters, crates, barrels, and closures. Both companies have been collaboratively manufacturing packaging for the Caribbean and Central American markets since 2017. By acquiring Fortiflex, ALPLA bolsters the ALPLAindustrial division created in 2023 for big-size packaging solutions and broadens its range as a comprehensive supplier. The ALPLA Group is speeding up the manufacturing of high-capacity plastic containers. The global packaging and recycling expert has purchased full ownership of the packaging firm Fortiflex, Inc., located in Puerto Rico.

Latin America Pharmaceutical Plastic Packaging Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Need for Protective and Barrier-Resistant Packaging for Pharmaceutical Products Propel the Sales of Plastic Bottles and Containers
    • 5.1.2 Rising Aging Population in the Region is Fueling the Demand for Convenient Pharmaceutical Packaging Solutions such as Blisters
  • 5.2 Market Challenges
    • 5.2.1 Availability of Alternative Material for Pharmaceutical Packaging

6. MARKET SEGMENTATION

  • 6.1 By Raw Material
    • 6.1.1 Polypropylene (PP)
    • 6.1.2 Polyethylene Terephthalate (PET)
    • 6.1.3 Low Density Polyethylene (LDPE)
    • 6.1.4 High Density Polyethylene (HDPE)
    • 6.1.5 Other Raw Materials
  • 6.2 By Product Type
    • 6.2.1 Solid Containers
    • 6.2.2 Dropper Bottles
    • 6.2.3 Nasal Spray Bottles
    • 6.2.4 Liquid Bottles
    • 6.2.5 Oral Care
    • 6.2.6 Pouches
    • 6.2.7 Vials and Ampoules
    • 6.2.8 Cartridges
    • 6.2.9 Syringes
    • 6.2.10 Caps and Closure
    • 6.2.11 Other Product Types
  • 6.3 By Country***
    • 6.3.1 Brazil
    • 6.3.2 Mexico
    • 6.3.3 Argentina

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 Amcor Group Inc.
    • 7.1.2 Gerresheimer AG
    • 7.1.3 Berry Global Group Inc.
    • 7.1.4 Videplast Industria de Embalagens Ltda
    • 7.1.5 Klockner Pentaplast Group
    • 7.1.6 ALPLA Group
    • 7.1.7 Greiner Packaging International GmbH
    • 7.1.8 Plastimax SA
    • 7.1.9 Pretium Packaging
    • 7.1.10 Maxipet SA de CV

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET

**Subject to Availability
***In the final report, Other Latin American Countries will be studied together as 'Rest of Latin America'
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Latin America Pharmaceutical Plastic Packaging Industry Segmentation

Plastic is considered one of the popular materials for pharmaceutical product packaging as it is more durable, applicable, flexible, and offers protection against the external environment. Pharmaceutical plastic packaging includes bottles, jars, vials, ampoules, and pouches. Pharmaceutical products directly come in contact with packaging. Therefore, packaging must comply with strict regulations from regulatory authorities. Plastics and polymers meet these requirements, making them the preferred choice for pharmaceutical product packaging. Rising demand for child-safe packaging is one of the factors driving the pharmaceutical plastic packaging market during the forecast period.

The Latin American pharmaceutical plastic packaging market is segmented by raw material (polypropylene, polyethylene terephthalate, low-density polyethylene, high-density polyethylene, and other materials), product type (solid containers, dropper bottles, nasal spray bottles, liquid bottles, oral care, pouches, vials and ampoules, cartridges, syringes, caps and closures, and other product types), and country (Brazil, Mexico, Argentina, and Rest of Latin America). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Raw Material Polypropylene (PP)
Polyethylene Terephthalate (PET)
Low Density Polyethylene (LDPE)
High Density Polyethylene (HDPE)
Other Raw Materials
By Product Type Solid Containers
Dropper Bottles
Nasal Spray Bottles
Liquid Bottles
Oral Care
Pouches
Vials and Ampoules
Cartridges
Syringes
Caps and Closure
Other Product Types
By Country*** Brazil
Mexico
Argentina
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Latin America Pharmaceutical Plastic Packaging Market Research FAQs

How big is the Latin America Pharmaceutical Plastic Packaging Market?

The Latin America Pharmaceutical Plastic Packaging Market size is expected to reach USD 3.75 billion in 2025 and grow at a CAGR of 6.79% to reach USD 5.21 billion by 2030.

What is the current Latin America Pharmaceutical Plastic Packaging Market size?

In 2025, the Latin America Pharmaceutical Plastic Packaging Market size is expected to reach USD 3.75 billion.

Who are the key players in Latin America Pharmaceutical Plastic Packaging Market?

Amcor Group Inc., Gerresheimer AG, Berry Global Group, Inc., ALPLA Group and Klockner Pentaplast Group are the major companies operating in the Latin America Pharmaceutical Plastic Packaging Market.

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

In 2024, the Latin America Pharmaceutical Plastic Packaging Market size was estimated at USD 3.50 billion. The report covers the Latin America Pharmaceutical Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Pharmaceutical Plastic Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America Pharmaceutical Plastic Packaging Industry Report

Statistics for the 2025 Latin America Pharmaceutical Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Pharmaceutical Plastic Packaging 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.