Plastic Packaging Market In Mexico to grow by USD 7.81 Bn in 2026, Key Development to Boost Market Growth - Technavio

PR Newswire
Wednesday, October 5, 2022 at 8:05am UTC

Plastic Packaging Market In Mexico to grow by USD 7.81 Bn in 2026, Key Development to Boost Market Growth - Technavio

PR Newswire

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- The Plastic Packaging Market In Mexico report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the plastic packaging market in Mexico between 2021 and 2026 is USD 7.81 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Buy Sample Report.

Key Market Dynamics:
  • Market Driver
  • Market Challenges

The key development and increasing demand for packaged food and beverages are some of the key market drivers. The expansion of vendors' product portfolios and geographic reach is one of the major developments and activities boosting the growth of the plastic packaging industry in Mexico. To achieve the greatest market penetration, vendors are implementing tactics like product innovation, mergers and acquisitions, and strategic partnerships

The availability of packaging alternatives is one of the major obstacles to the expansion of the plastic packaging market in Mexico. The market for plastic packaging is facing significant challenges as a result of rising environmental concerns and health awareness. As a result, suppliers are emphasizing a variety of replacement materials like glass, board, and paper. Request Free Sample Report.

The plastic packaging market in Mexico report is segmented by Product (Flexible and Rigid) and End-user (Food and beverages, Healthcare, Retail, and Others). Mexico's flexible plastic packaging market share will expand significantly. Flexible packaging's numerous uses in the pharmaceutical, food, beverages and retail industries are credited with the expansion. For instance, it is employed in the pharmaceutical industry's blister packing application. South America will be the leading region with 100% of the market's growth during the forecast period.

Plastic Packaging Market Vendors

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Some Companies Mentioned with their Offerings

  •  
    • 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

To gain access to more vendor profiles with their key offerings available with Technavio, Download Free Sample Report

Related Reports:

Tubes and Cores Market in North America by End-user and Geography - Forecast and Analysis 2022-2026: The tubes and cores market in North America's share is expected to increase by USD 1.13 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.65%.

Corrugated Box Market in Europe by End-user and Geography - Forecast and Analysis 2022-2026: The corrugated box market in Europe is projected to grow by USD 4.66 billion with a CAGR of 4.68% during the forecast period 2021 to 2026.

Plastic Packaging Market In Mexico Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 13.26%

Market growth 2022-2026

$7.81 billion

Market structure

Fragmented

YoY growth (%)

12.95

Regional analysis

Mexico

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market Overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 10: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 11: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 12: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 13: Chart on Mexico: Year-over-year growth 2021-2026 (%)
    • Exhibit 14: Data Table on Mexico: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 15: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments 
    • Exhibit 22: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 23: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product 
    • Exhibit 24: Chart on Comparison by Product
    • Exhibit 25: Data Table on Comparison by Product
  • 5.3 Flexible - Market size and forecast 2021-2026
    • Exhibit 26: Chart on Flexible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 27: Data Table on Flexible - Market size and forecast 2021-2026 ($ million)
    • Exhibit 28: Chart on Flexible - Year-over-year growth 2021-2026 (%)
    • Exhibit 29: Data Table on Flexible - Year-over-year growth 2021-2026 (%)
  • 5.4 Rigid - Market size and forecast 2021-2026
    • Exhibit 30: Chart on Rigid - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Data Table on Rigid - Market size and forecast 2021-2026 ($ million)
    • Exhibit 32: Chart on Rigid - Year-over-year growth 2021-2026 (%)
    • Exhibit 33: Data Table on Rigid - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product 
    • Exhibit 34: Market opportunity by Product ($ million)

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 35: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 36: Data Table on End-user - Market share 2021-2026 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 37: Chart on Comparison by End-user
    • Exhibit 38: Data Table on Comparison by End-user
  • 6.3 Food and beverages - Market size and forecast 2021-2026
    • Exhibit 39: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 40: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
    • Exhibit 42: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
  • 6.4 Healthcare - Market size and forecast 2021-2026
    • Exhibit 43: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 46: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 6.5 Retail - Market size and forecast 2021-2026
    • Exhibit 47: Chart on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 49: Chart on Retail - Year-over-year growth 2021-2026 (%)
    • Exhibit 50: Data Table on Retail - Year-over-year growth 2021-2026 (%)
  • 6.6 Others - Market size and forecast 2021-2026
    • Exhibit 51: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 53: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 54: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 6.7 Market opportunity by End-user 
    • Exhibit 55: Market opportunity by End-user ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 57: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 58: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 59: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 60: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 61: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 62: Matrix on vendor position and classification
  • 10.3 Amcor Plc 
    • Exhibit 63: Amcor Plc - Overview
    • Exhibit 64: Amcor Plc - Business segments
    • Exhibit 65: Amcor Plc - Key news
    • Exhibit 66: Amcor Plc - Key offerings
    • Exhibit 67: Amcor Plc - Segment focus
  • 10.4 AptarGroup Inc. 
    • Exhibit 68: AptarGroup Inc. - Overview
    • Exhibit 69: AptarGroup Inc. - Business segments
    • Exhibit 70: AptarGroup Inc. - Key offerings
    • Exhibit 71: AptarGroup Inc. - Segment focus
  • 10.5 Ball Corp. 
    • Exhibit 72: Ball Corp. - Overview
    • Exhibit 73: Ball Corp. - Business segments
    • Exhibit 74: Ball Corp. - Key news
    • Exhibit 75: Ball Corp. - Key offerings
    • Exhibit 76: Ball Corp. - Segment focus
  • 10.6 Flexitek de Mexico SA de CV 
    • Exhibit 77: Flexitek de Mexico SA de CV - Overview
    • Exhibit 78: Flexitek de Mexico SA de CV - Product / Service
    • Exhibit 79: Flexitek de Mexico SA de CV - Key offerings
  • 10.7 Fres co System USA Inc. 
    • Exhibit 80: Fres co System USA Inc. - Overview
    • Exhibit 81: Fres co System USA Inc. - Product / Service
    • Exhibit 82: Fres co System USA Inc. - Key offerings
  • 10.8 Glenroy Inc. 
    • Exhibit 83: Glenroy Inc. - Overview
    • Exhibit 84: Glenroy Inc. - Product / Service
    • Exhibit 85: Glenroy Inc. - Key offerings
  • 10.9 Mondi plc 
    • Exhibit 86: Mondi plc - Overview
    • Exhibit 87: Mondi plc - Business segments
    • Exhibit 88: Mondi plc - Key news
    • Exhibit 89: Mondi plc - Key offerings
    • Exhibit 90: Mondi plc - Segment focus
  • 10.10 Phoenix Closures Inc. 
    • Exhibit 91: Phoenix Closures Inc. - Overview
    • Exhibit 92: Phoenix Closures Inc. - Product / Service
    • Exhibit 93: Phoenix Closures Inc. - Key offerings
  • 10.11 SIT Group Spa 
    • Exhibit 94: SIT Group Spa - Overview
    • Exhibit 95: SIT Group Spa - Product / Service
    • Exhibit 96: SIT Group Spa - Key offerings
  • 10.12 Winpak Ltd. 
    • Exhibit 97: Winpak Ltd. - Overview
    • Exhibit 98: Winpak Ltd. - Business segments
    • Exhibit 99: Winpak Ltd. - Key offerings
    • Exhibit 100: Winpak Ltd. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 101: Inclusions checklist
    • Exhibit 102: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 103: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 104: Research methodology
    • Exhibit 105: Validation techniques employed for market sizing
    • Exhibit 106: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 107: List of abbreviations
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