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Mexico Glass Bottles Market Size, Share, Growth, Report: By Type: Type I, Type II, Type III; By Application: Beverage, Food, Personal Care and Cosmetics, Pharmaceutical, Chemicals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Mexico Glass Bottles Market Outlook
The Mexico glass bottles market size reached USD 565.46 million in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032, reaching almost USD 858.99 million by 2032.
Key Takeaways:
- The demand for glass bottles rose by 11% in the first quarter of 2022-23 in Mexico.
- Shortage of glass bottles was faced despite a 7.1% y-o-y increase in production.
- There are 94 glass bottle plants in Mexico, which operate at a capacity of 95%.
The increase in demand for glass bottles in Mexico is driven by an increase in the production of tequila, sauces, jams, and mayonnaise, and beer, among others. Since glass is a non-toxic and chemical-free packaging material which boosts the aesthetic appeal of the product and enhances its shelf life, it finds increasing application in the food and beverage industry.
As concerns surrounding sustainability are beginning to play an integral role in influencing consumer purchase decisions, the popularity of glass is expected to grow due to its recyclability. Driven by these factors, the Mexico glass bottles market growth is expected to record an upward trajectory over the forecast period.
The Mexican beer industry is one of the largest end users of glass bottles as they facilitate branding and labelling operations. In order to drive circular economic development in Mexico, major beer companies like Grupo Modelo are aiming to enhance their capacity to produce glass bottles by investing in the construction of new facilities and expanding their existing network. This is expected to accelerate the Mexico glass bottles market expansion.
Moreover, collaboration across various key industries is expected to facilitate the recovery and recycling of glass bottles from consumers and drive the domestic consumption of recycled bottles for various purposes, thereby driving the market growth.
Market Segmentation
Mexico Glass Bottles Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Type I
- Type II
- Type III
Market Breakup by Application
- Beverage
- Food
- Personal Care and Cosmetics
- Pharmaceutical
- Chemicals
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key market players are Seekbottles, Vitro, S.A.B de C.V, Jocoglass, OI Glass, Inc., Saverglass Group, Fevisa Industrial, S.A. de C.V., MJS Packaging, Glassnow, Vetropack Holding Ltd, and Verallia Packaging, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Glass Bottles Market Overview
8.1 Key Industry Highlights
8.2 Mexico Glass Bottles Historical Market (2018-2023)
8.3 Mexico Glass Bottles Market Forecast (2024-2032)
9 Mexico Glass Bottles Market by Type
9.1 Type I
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Type II
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Type III
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 Mexico Glass Bottles Market by Application
10.1 Beverage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Food
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Personal Care and Cosmetics
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Pharmaceutical
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Chemicals
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Mexico Glass Bottles Market by Region
11.1 Baja California
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Northern Mexico
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 The Bajío
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Central Mexico
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Pacific Coast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Yucatan Peninsula
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Seekbottles
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Vitro, S.A.B de C.V
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Jocoglass
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 OI Glass, Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Saverglass Group
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Fevisa Industrial, S.A. de C.V.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 MJS Packaging
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Glassnow
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Vetropack Holding Ltd
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Verallia Packaging
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Glass Bottles Market: Key Industry Highlights, 2018 and 2032
2. Mexico Glass Bottles Historical Market: Breakup by Type (USD Million), 2018-2023
3. Mexico Glass Bottles Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Mexico Glass Bottles Historical Market: Breakup by Application (USD Million), 2018-2023
5. Mexico Glass Bottles Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Mexico Glass Bottles Historical Market: Breakup by Region (USD Million), 2018-2023
7. Mexico Glass Bottles Market Forecast: Breakup by Region (USD Million), 2024-2032
8. Mexico Glass Bottles Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 565.46 million in 2023.
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 858.99 million in 2032.
The major applications of glass bottles in the market include beverage, food, personal care and cosmetics, pharmaceuticals, and chemicals, among others.
The different segments considered in the market report are Type I, Type II, and Type III.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Seekbottles, Vitro, S.A.B de C.V, Jocoglass, OI Glass, Inc., Saverglass Group, Fevisa Industrial, S.A. de C.V., MJS Packaging, Glassnow, Vetropack Holding Ltd, and Verallia Packaging, among others.
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