Market Share of Latin America Plastic Bottles Industry
The Latin American plastic bottles market is fragmented, with several global and regional players, such as ALPLA Group, Amcor Group, and Enka de Colombia, vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.
- May 2024 - ALPLA, a specialist in plastic packaging, introduced a safe, affordable, and sustainable recyclable PET wine bottle. Weighing just an eighth of a traditional glass bottle, this innovation can cut the carbon footprint by as much as 50% and offers potential cost savings of up to 30%. The bottle can be produced entirely from recycled PET (rPET). The packaging solution is currently available in 0.75 L and 1 L sizes.
- April 2024 - Amcor, a global player in packaging solutions, unveiled a 1 L carbonated soft drink (CSD) bottle crafted entirely from post-consumer recycled (PCR) polyethylene terephthalate (PET) material.
Latin America Plastic Bottles Market Leaders
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Amcor Group
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Sidel Group
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Berry Global Inc.
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Graham Packaging
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Indorama Ventures Public Company Limited.
*Disclaimer: Major Players sorted in no particular order
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