Market Share of Latin America Cosmetic Packaging Industry
The Latin American cosmetic packaging market is fragmented, with several global and regional players, such as Albéa Group, Hcp Packaging Co. Ltd, Aptar Group, and Silgan Holdings Inc., 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: Aptar Beauty, a provider of dispensing packaging solutions, launched a new fragrance pump. The company claims it is the first to incorporate up to 67% mechanical PCR (post-consumer recycled resin) Plus material.
- October 2023: Gerresheimer, a global provider of innovative systems and solutions for the pharmaceutical, biotech, and cosmetics industries, partnered with Rezemo, a start-up specializing in bio-based materials. This collaboration aims to offer sustainable closures for primary packaging in the cosmetics, food and beverage, and pharmaceutical industries.
Latin America Cosmetic Packaging Market Leaders
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Albéa Group
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Hcp Packaging Co., Ltd.
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Aptar Group
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Silgan Holdings Inc.
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Gerresheimer AG
*Disclaimer: Major Players sorted in no particular order