Mexico Containerboard Market Overview, 2029

Mexico Containerboard Market Overview, 2029

The Mexican containerboard market is a critical component of the country's packaging industry, which is growing. Initially, containerboard use was restricted, but as the retail and manufacturing sectors expanded, demands for corrugated packaging increased. Today, the Mexican containerboard business is vibrant and competitive. Key developments include an increasing emphasis on sustainability, which is driven by customer demand for environmentally friendly packaging solutions. Bio Pappel, one of Mexico's leading paper and packaging companies, promotes sustainability through advertisements that highlight recycling programs and carbon footprint reduction efforts. These efforts are often promoted through trade periodicals and internet media. The Expo Empaque and Packaging Innovations Expo in Mexico are important events where companies such as Grupo Gondi and Smurfit Kappa present their most recent containerboard solutions. The advent of e-commerce and the expansion of retail sectors continue to increase demand for containerboard, with companies focusing more on recyclable and biodegradable options. Grupo Gondi is a key participant, recognized for its wide manufacturing skills and commitment to sustainability. Smurfit Kappa, a worldwide packaging pioneer, also has a strong presence in Mexico, where it offers modern containerboard solutions and leverages its global expertise. after that, the rise of e-commerce has increased demand for containerboard, as online shopping continues to grow, necessitating the use of efficient and dependable packaging solutions. Regulations governing sustainable forestry practices ensure that the wood used for virgin fibre in containerboard production is sourced from responsibly managed forests. Certifications from organizations such as the Forest Stewardship Council (FSC) are frequently sought to meet these standards.

According to the research report, ""Mexico Containerboard Market Outlook, 2029,"" published by Bonafide Research, the Mexico containerboard market is anticipated to add to more than USD 1000 Million by 2024–29. There is an increasing need for packaging solutions that use recycled materials and reduce environmental effect. This transition is supported by stronger rules and government policies that encourage recycling and sustainable forestry practices. After that, the rise of e-commerce has increased demand for containerboard, as online shopping continues to grow, necessitating the use of efficient and dependable packaging solutions. The epidemic caused supply chain disruptions, such as raw material delivery delays and logistical concerns. These delays impacted production schedules, resulting in temporary containerboard shortages. Consumers and businesses are increasingly prioritising eco-friendly packaging options, driving up demand for recycled and biodegradable containerboard goods. This trend emphasised the industry's commitment to sustainability and spurred businesses to invest in greener technologies and practices.Other significant players include Papelera de San Rafael and Solenis, who contribute to the market with innovative goods and innovations. Companies are investing in innovative recycling methods to boost the quality and efficiency of recovered fibre. Developments in lightweight and high-strength containerboard grades improve performance while using less material.

In the Mexican containerboard sector, recycled paper and virgin fibre play unique roles, with their own dynamics and trends. Recycled paper is becoming more popular in Mexico's containerboard market because to its environmental benefits and compatibility with sustainability objectives. Leading companies in this area include Grupo Gondi and Papelera de San Rafael, who have made significant investments in recycling technology and procedures to improve the quality and efficiency of recycled paper production. These companies use advanced recycling technology to address the growing need for environmentally friendly packaging solutions.The increased emphasis on environmental sustainability, combined with growing raw material costs, has resulted in a relative decrease in the use of virgin fibre. Companies such as Smurfit Kappa and Solenis continue to use virgin fibre for certain uses while simultaneously investing in sustainable processes and adding more recycled content to their products. The shift towards sustainability, combined with rising manufacturing costs and environmental concerns, has eroded its dominance.

With the rise of online grocery shopping and a growing preference for eco-friendly packaging, the food and beverage industry remains a major driver of containerboard demand. Companies demand strong packaging to assure product freshness and safety during shipping and storage, which drives ongoing growth in this industry. Changes in retail habits, as well as the expansion of direct-to-consumer models, have had an impact on the volume of containerboard used in textile packaging, resulting in a relative drop. This drop is the result of changes in packaging preferences, such as the greater usage of plastic and other materials that provide more protection and cost-effectiveness.The cosmetics industry is declining as consumers want more premium and visually appealing packaging materials such as plastic, glass, and speciality papers. These materials are frequently chosen for their aesthetic appeal and increased product protection, resulting in less reliance on standard containerboard packaging . Containerboard consumption in the electrical market is also declining. The demand for better protection against moisture, stress, and other causes has resulted in growing use of alternative materials such as plastic and foam. The pharmaceuticals industry has a constant but slightly dropping trend in containerboard utilisation due to an increasing desire for packaging with greater security features, such as tamper-evident and child-resistant packaging, which frequently uses materials other than ordinary containerboard.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Containerboard market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material
• Recycled Paper
• Virgin Fibre

By End-use
• Food & Beverage (Fruits & Vegetables, Processed Food, Ready-to-eat-Food, Poultry Products and Others)
• Cosmetics & Personal Care
• Pharmaceuticals
• Textile Industry (Woven and Non-Woven)
• Electrical & Electronics (Smartphones, Television, Computers and Others)
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Containerboard industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.