Mexico Glass Packaging Market by Product Type (Bottles & Jars, Vials & Ampoules, Containers), End-user (Food & Beverage, Pharmaceutical, Personal Care, Chemical), Manufacturing Process (Blown, Molded), & Region for 2024-2031

Report ID: 468976|No. of Pages: 202

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Mexico Glass Packaging Market by Product Type (Bottles & Jars, Vials & Ampoules, Containers), End-user (Food & Beverage, Pharmaceutical, Personal Care, Chemical), Manufacturing Process (Blown, Molded), & Region for 2024-2031

Report ID: 468976|Published Date: Dec 2024|No. of Pages: 202|Base Year for Estimate: CAGR of ~5.2% from 2024 to 2031|Format:   Report available in PDF formatReport available in Excel Format

Mexico Glass Packaging Market Valuation — 2024-2031

The glass packaging market in Mexico is driven upward by technological advancements in manufacturing processes and increasing demand for sustainable packaging solutions. According to analysts from Verified Market Research, the Mexico glass packaging market is estimated to reach a valuation of USD 4.2 Billion over the forecast subjugating around USD 2.8 Billion in 2024.

The rapid expansion of the Mexico glass packaging market is primarily fueled by growing environmental consciousness, increasing preference for premium packaging in the beverage industry, and rising demand from the pharmaceutical sector. It enables the market to grow at a CAGR of 5.2% from 2024 to 2031.

Mexico Glass Packaging Market is estimated to grow at a CAGR of 5.2% & reach US$ 3.89 Bn by the end of 2031

Mexico Glass Packaging Market: Definition/Overview

Glass packaging is defined as containers or vessels that are manufactured from silica, soda ash, and limestone through various forming processes. These materials are melted at high temperatures and formed into different shapes and sizes to meet diverse packaging requirements.

Furthermore, glass packaging applications are found across multiple industries, including food and beverages, pharmaceuticals, personal care, and chemicals. The material is valued for its impermeability, recyclability, and ability to preserve product integrity. Premium aesthetics, chemical inertness, and the ability to be infinitely recycled without quality degradation are considered key advantages of glass packaging.

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What are the Key Drivers Propelling the Growth of the Mexico Glass Packaging Market?

Mexico’s beverage industry, particularly beer production, is creating a considerable demand for glass packaging. According to the National Chamber of the Beer and Malt Industry (Cerveceros de México), Mexican beer output will reach 134.7 million hectoliters in 2022, making it the world’s leading beer exporter. The Mexican Beer Exporters Association predicted that beer exports will produce USD 5.6 billion in income in 2023, with glass bottle packaging accounting for 80% of beer products. This substantial growth in the beverage sector is driving up demand for glass packaging solutions.

Environmental awareness and government-backed sustainability programs are driving up demand for glass packaging. The Mexican Association of Glass Manufacturers (AMPV) claimed that Mexico’s glass recycling rate rose from 47% in 2019 to 54% in 2023. Furthermore, according to SEMARNAT (Mexico’s Ministry of Environment and Natural Resources), glass recycling activities have cut CO2 emissions by about 187,000 tons by 2023, encouraging more firms to choose glass as their primary packaging material.

Furthermore, the expansion of the premium tequila business has a substantial impact on the need for glass packaging. The Tequila Regulatory Council (CRT) revealed that tequila exports hit a record 374 million liters in 2023, up 15% from 2022. According to the Mexican Chamber of Tequila Industry (CNIT), premium tequila segments that only utilize glass bottles increased by 23% in 2023, with exports of USD 3.8 billion, indicating a strong demand for high-quality glass packaging options.

What are the Challenges Associated with the Adoption of Glass Packaging in the Market?

The adoption of glass packaging in the market faces several challenges, primarily related to its high production costs. Glass is more expensive to manufacture compared to other packaging materials such as plastic or aluminum. The energy-intensive process of producing glass, including melting raw materials at high temperatures, contributes to its higher cost. These costs are further exacerbated by the expenses associated with transportation, as glass is significantly heavier and more fragile than alternative materials, making it more expensive to ship and store. These high costs make glass packaging less attractive to manufacturers, especially those focused on cost-cutting strategies.

Another challenge is fragility and breakage. Glass, while highly valued for its aesthetic appeal and recyclability, is more prone to breakage during handling and transportation, which results in product loss and added expenses. This fragility makes it a less favorable option for industries that require robust packaging solutions, particularly in bulk shipping or e-commerce, where products experience rough handling. The higher risk of damage translates into additional quality control and insurance costs, adding to the financial burden for businesses that choose glass packaging.

Furthermore, the limited recycling infrastructure in some regions poses a significant challenge to the wider adoption of glass packaging. Although glass is 100% recyclable, the lack of sufficient collection and recycling facilities, particularly in developing areas, limits the potential environmental benefits of using glass. Moreover, the sorting and cleaning processes required to recycle glass are more complex compared to other materials like plastic or paper. Without adequate recycling systems in place, the advantages of glass packaging in terms of sustainability are not fully realized, potentially discouraging both manufacturers and consumers from adopting it more widely.

Category-Wise Acumens

What are the Drivers that Contribute to the Demand for Bottles & Jars?

The bottles and jars segment is estimated to dominate the market during the forecast period. This dominance is attributed to widespread usage in the beverage industry, particularly for alcoholic beverages, soft drinks, and mineral water. The segment’s growth is supported by Mexico’s strong beverage manufacturing sector and increasing exports of bottled products.

The aesthetic appeal of glass bottles is leveraged by premium brands to differentiate their products. Custom designs and premium finishes are increasingly in demand, particularly in the spirits and luxury beverage segments. The ability to create distinctive shapes and colors through glass manufacturing is utilized to enhance brand identity and consumer appeal.

Furthermore, the food industry’s preference for glass jars is maintained due to their superior preservation capabilities. Glass packaging is chosen for its ability to prevent chemical interactions with contents and maintain product freshness. The growing demand for preserved foods and premium condiments is reflected in the increased usage of glass jars.

What are the Growth Factors for the Food & Beverage Industry in the Market?

The food and beverage segment is estimated to maintain market leadership during the forecast period. This prominence is attributed to Mexico’s robust food and beverage manufacturing sector, which is recognized as one of the largest in Latin America. Glass packaging is extensively used for beverages, sauces, condiments, and preserved foods.

Consumer preference for glass-packaged beverages is observed, particularly in premium categories. Glass bottles are associated with quality and premium positioning, which are leveraged by manufacturers to enhance product perception. The growth in craft beverages and premium spirits has translated into increased demand for high-quality glass packaging.

Furthermore, food safety regulations are cited as a driver for glass packaging adoption. Glass’s inert nature is valued for its ability to prevent chemical interactions with food products. The material’s transparency is appreciated by consumers who prefer to see the product before purchase.

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Country/Region-wise Acumens

What are the Key Factors Contributing to Central Mexico’s Market Dominance?

According to VMR Analyst, the central region is estimated to dominate the Mexico glass packaging market during the forecast period. The increasing demand for sustainable packaging solutions has significantly boosted the glass packaging market in Central Mexico. Government regulations and incentives promoting recycling and the use of eco-friendly materials have encouraged the adoption of glass packaging, which is known for its recyclability. This shift is supported by the growth of circular economy initiatives and collaborations between manufacturers and recycling facilities.

Central Mexico, particularly in regions like Bajío and Guadalajara, benefits from its proximity to major industrial hubs, which enhances production efficiency and reduces logistics costs for glass packaging manufacturers. These areas have strong infrastructure, including transportation networks that connect them to both domestic and international markets, facilitating the distribution of glass products.

Furthermore, Central Mexico sees significant demand for glass packaging, especially from the food and beverage sectors, where glass is preferred for its ability to preserve product integrity. The region has witnessed growth in demand for premium and organic food products, many of which utilize glass packaging for its perceived quality and environmental benefits.

How Does the Home of Industrial Manufacturing Plants Support the Market Growth in Northern Mexico?

The northern region is estimated to exhibit the highest growth within the Mexico glass packaging market during the forecast period. The northern region benefits from its strategic location along the U.S.-Mexico border, facilitating trade and enabling easy access to the large U.S. consumer market. This proximity supports the demand for glass packaging, especially in industries like food and beverage, cosmetics, and pharmaceuticals, which require high-quality packaging solutions. The region’s robust trade agreements, like the USMCA (formerly NAFTA), further enhance market access.

Northern Mexico, particularly areas like Nuevo León and Chihuahua, is home to many industrial manufacturing plants that require large quantities of packaging materials, including glass. These areas host a wide variety of industries, such as automotive, electronics, and chemicals, which also rely on durable and safe packaging solutions. The high level of industrial activity stimulates demand for glass containers and packaging.

Furthermore, as consumer preferences shift towards premium, organic, and health-conscious products, particularly in the food and beverage sector, the demand for glass packaging is on the rise. The northern region of Mexico, with its growing middle-class population, has witnessed an increase in consumer interest in high-quality, environmentally friendly packaging solutions. Glass packaging is particularly favored for its ability to preserve the quality of premium products, contributing to its rising demand.

Competitive Landscape

The Mexican glass packaging market’s competitive landscape is characterized by the presence of both domestic and international players. Market competition is focused on quality, innovation, and cost-effectiveness.

Some of the prominent players operating in the Mexico glass packaging market include:

  • Vitro, S.A.B. de C.V.
  • O-I Glass, Inc.
  • Saverglass Mexico
  • Grupo Industrial Petstar
  • Fevisa Industrial
  • Grupo Pavisa
  • Glassia
  • Weigand Glass Mexico
  • Bavaria Envases Mexicanos
  • Industrial Corona Mexico

Latest Developments

Mexico Glass Packaging Market Key Developments And Mergers

  • In October 2023, Grupo Vitro expanded its production capacity in Mexico with a new glass manufacturing facility aimed at meeting growing demand in the beverage and food packaging sectors. This expansion enhances the company’s position as a leading supplier of sustainable glass packaging in North America.
  • In June 2023, Argos Packaging & Logistics, a key player in the Mexican glass packaging industry, launched a new eco-friendly glass bottle line that reduces carbon emissions by using recycled glass in its production. This move aligns with the industry’s efforts to embrace sustainability and reduce its environmental footprint.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

Growth Rate

CAGR of ~5.2% from 2024 to 2031

Base Year for Valuation

2024

Historical Period

2021-2023

Forecast Period

2024-2031

Quantitative Units

Value in USD Billion

Report Coverage

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

Segments Covered
  • By Product Type
  • By End-user
  • By Manufacturing Process
Regions Covered
  • Northern Mexico
  • Central Mexico
  • Southern Mexico
Key Players

Vitro, S.A.B. de C.V., O-I Glass, Inc., Saverglass Mexico, Grupo Industrial Petstar, and Fevisa Industrial.

Customization

Report customization along with purchase available upon request

Mexico Glass Packaging Market, By Category

Product Type:

  • Bottles & Jars
  • Vials & Ampoules
  • Containers

End-user:

  • Food & Beverage
  • Pharmaceutical
  • Personal Care
  • Chemical

Manufacturing Process:

  • Blown Glass
  • Molded Glass
  • Others

Region:

  • Northern Mexico
  • Central Mexico
  • Southern Mexico

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Some of the key players leading in the market include Vitro, S.A.B. de C.V., O-I Glass, Inc., Saverglass Mexico, Grupo Industrial Petstar, and Fevisa Industrial.

The market is estimated to grow at a CAGR of 5.2% during the forecast period.

The sample report for the Mexico Glass Packaging Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Mexico Glass Packaging Market, By Product Type:
• Bottles & Jars
• Vials & Ampoules
• Containers

5. Mexico Glass Packaging Market, By End-user
• Food & Beverage
• Pharmaceutical
• Personal Care
• Chemical

6. Mexico Glass Packaging Market, By Manufacturing Process
Blown Glass
• Molded Glass
• Others

7. Regional Analysis
• Northern Mexico
• Central Mexico
• Southern Mexico

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

10. Competitive Landscape
• Key Players
• Market Share Analysis

9. Company Profiles
• Vitro, S.A.B. de C.V.
• O-I Glass, Inc.
• Saverglass Mexico
• Grupo Industrial Petstar
• Fevisa Industrial
• Grupo Pavisa
• Glassia
• Weigand Glass Mexico
• Bavaria Envases Mexicanos
• Industrial Corona Mexico

10. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Mexico Glass Packaging Market

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