Technavio analyzes that the Plastic Packaging Market in Mexico is expected to grow at a CAGR of 12.9% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 7489.8 million.There are various factors that contribute to the growth of the market. The Plastic Packaging Market in Mexico is witnessing significant growth due to the increasing emphasis on extending product shelf life. This trend is particularly prominent in the food and beverage industries, where plastic packaging offers effective solutions for preserving perishable items. Manufacturers are investing in advanced technologies to produce high-quality, durable plastic packaging that meets the evolving demands of consumers and regulatory bodies. Additionally, the convenience and cost-effectiveness of plastic packaging are further driving its adoption in Mexico.
The plastic packaging market in Mexico has been significantly influenced by the adoption of efficient flexible packaging solutions. This segment's dominance can be attributed to its ability to adapt to various product shapes, including pouches, wraps, sachets, foils, films, bags, and envelopes. Flexible packaging's versatility is particularly valuable in industries such as pharmaceuticals, food and beverages, and retail. In the pharmaceutical sector, it is utilized in blister packaging applications, extending product shelf life and offering benefits like even heating, barrier protection, re-sealability, and printability. Moreover, flexible packaging serves as an eco-friendly alternative to rigid plastic packaging due to its lighter weight, resulting in reduced energy consumption for transportation and decreased environmental pollution. Additionally, it contributes to sustainable development by minimizing food waste and energy savings through modified atmosphere packaging.
Know which region is leading the market growth by requesting a sample report
Plastic Packaging Market in Mexico Segmentation
As per our research findings, here are some of the key competitors that are leading the industry
Find out what is trending in the market by accessing the free PDF report
The Plastics Packaging Market in Mexico is driven by the use of polymer chains as plastics raw materials, prioritizing safety in various applications. Shatterproof packaging ensures food safety and hygiene for foodstuffs and medicines. Sealability is crucial for medical devices and body tissue packaging, while security features like tamper-evident and child-resistant closures are essential. Lightweight and high-strength plastics offer design freedom and processing technologies like injection moulding, blow moulding, and thermoforming create diverse pack shapes and coloring possibilities. Sustainable development, energy savings, and reduced emissions are key trends, with brand identification remaining a priority.
In the dynamic and competitive landscape of the Mexican container market, the plastic packaging segment holds a significant share due to its numerous advantages. Suppliers play a crucial role in this sector, providing raw materials for plastic containers such as high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). These materials offer benefits like shatterproof and lightweight properties, ensuring safety and hygiene for various applications, including foodstuffs, medicines, and other consumer goods. The plastic packaging industry's research and development, large-scale manufacturing, and distribution channels ensure the production of high-quality, sealable, and reliable containers that cater to the diverse needs of end-users.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
