Opportunities in the Mexican Packaging Industry 2024

Opportunities in the Mexican Packaging Industry 2024

Summary

The Mexican packaging industry grew from 127.2 billion units in 2018 to 139.2 billion units in 2023. It is forecast to increase further and reach 155 billion units in 2028, at a CAGR of 2.2%. Rigid plastics was the leading pack material in 2023, generating a volume share of 31.7% or 44.1 billion units. It was followed by flexible packaging with a 25.3% volume share. During 2023-28, rigid metal packaging will register the highest CAGR, at 4.9%, among all pack materials.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Mexican packaging industry, as part of our coverage of the industry across 48 countries. It includes analysis on the following-

• Market overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share and growth rates during 2018-28, in addition to key packaging innovations for key industries in each of the categories analyzed.
• Growth in use of pack material by sector: Provides an overview of the shift in the utilization of various pack materials across sectors during 2023-28.
• Key pack materials: Includes data and analysis - number of units (millions), growth rates - for five pack materials viz. rigid plastics, rigid metal, glass, paper & board, flexible packaging and others (other than the afore mentioned five types) during 2023-28. It also covers:
• Pack sub-type: Includes aerosol - metal, box - rigid plastic, carton - carton board, box - liquid packaging board, box - other material, foil - aluminum, pod - paper, flexible plastic, tray - aluminum, tube - flexible plastic, other flexible packaging pack types - all sub-types, HDPE, PET etc.
• Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton - folding, carton - liquid, clamshell, etc.
• Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, others.
• Closure type: Includes cap, crown, dispenser, film, flip / snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, twist off.
• Primary outer material: Includes flexible packaging, board, rigid plastic, others.
• Primary outer type: Includes bag, blister pack, carton - folding, shrink wrap, sleeve, others.

Reasons to Buy

• Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.
• This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances.
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.