Plastic Packaging Market in Mexico 2022-2026

Plastic Packaging Market in Mexico 2022-2026

Technavio has been monitoring the plastic packaging market in Mexico and it is poised to grow by $ 7.81 bn during 2022-2026, accelerating at a CAGR of 13.26% during the forecast period. Our report on the plastic packaging market in Mexico provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by key developments, increasing demand for packaged food and beverages, and increasing demand for convenient and portable packaging.

The plastic packaging market in Mexico analysis includes product and end-user segments.

Technavio's plastic packaging market in Mexico is segmented as below:

By Product

• Flexible
• Rigid

By End-user

• Food and beverages
• Healthcare
• Retail
• Others

This study identifies the growing popularity of lightweight packaging as one of the prime reasons driving the plastic packaging market growth in Mexico during the next few years. Also, the emergence of smart packaging and the increasing adoption of bioplastic packaging will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on plastic packaging market in Mexico covers the following areas:

• Plastic packaging market sizing
• Plastic packaging market forecast
• Plastic packaging market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic packaging market vendors in Mexico that include Altopro SA de CV, Amcor Plc, AptarGroup Inc., Ball Corp., Berry Global Inc., CCL Industries Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Flexitek de Mexico SA de CV, Fres co System USA Inc., Glenroy Inc., LANINVER SHC SL, Mondi plc, Phoenix Closures Inc., PO Empaques Flexibles SA de CV, Printpack Inc., SIT Group Spa, Transcontinental Inc., and Winpak Ltd. Also, the plastic packaging market in Mexico analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Altopro SA de CV, Amcor Plc, AptarGroup Inc., Ball Corp., Berry Global Inc., CCL Industries Inc., Clifton Packaging Group Ltd., Constantia Flexibles Group GmbH, FLAIR Flexible Packaging Corp., Flexitek de Mexico SA de CV, Fres co System USA Inc., Glenroy Inc., LANINVER SHC SL, Mondi plc, Phoenix Closures Inc., PO Empaques Flexibles SA de CV, Printpack Inc., SIT Group Spa, Transcontinental Inc., Winpak Ltd.