Mexico Flexible Packaging Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

According to the report by Expert Market Research (EMR), the Mexico flexible packaging market reached a value of USD 2.49 billion in 2022. Aided by increasing demand for efficient packaging and growing expansion of e-commerce platforms, the market is projected to further grow at a CAGR of 3.8% between 2023 and 2028 to reach a value of USD 3.09 billion by 2028.

Flexible packaging is a packaging format that forms a package when its shape is readily changeable. Commonly used in food and beverage, pharmaceuticals, cosmetics, and other industries, this packaging format offers benefits like reduced material use, lightweight, improved barrier properties, ease of storage and transport, and high design versatility. Moreover, with the rise in eco-consciousness, flexible packaging is gaining traction for its potential in reducing environmental impact.

Get a Free Sample Report with Table of Contents - https://bityl.co/LN0q

The growing consumer preference for convenient and lightweight packaging is a significant driver propelling the Mexico flexible packaging market growth. With increasing urbanisation and the fast-paced lifestyle, consumers are leaning towards easy-to-handle, resealable, and durable packaging, leading to a surge in demand for flexible packaging solutions. Additionally, the expanding e-commerce sector has contributed to the increasing popularity of flexible packaging, owing to its ability to provide effective product protection and optimised logistics.

Flexible packaging finds broad applications in various industries, significantly fuelling the Mexico flexible packaging market demand. In the food and beverage industry, flexible packaging is preferred for its ability to maintain product freshness, provide visual appeal, and offer convenient handling and storage. In the pharmaceutical industry, it is used for packaging drugs due to its superior barrier properties, user-friendly design, and scope for anti-counterfeiting measures. The cosmetic industry also employs flexible packaging for its aesthetic versatility and product preservation capabilities.

The increasing focus on sustainability and reducing packaging waste has led to an elevated interest in flexible packaging. Flexible packaging typically uses less material compared to rigid packaging, contributes to reducing waste, and decreases greenhouse gas emissions due to its lightweight. With the rise of environmental consciousness among consumers and the implementation of strict regulations on packaging waste, the demand for eco-friendly flexible packaging is expected to rise, thus boosting Mexico flexible packaging market expansion.

Furthermore, technological advancements are enhancing the potential of flexible packaging. Innovations such as smart and active packaging, high barrier plastic films, and biodegradable materials are improving the functionality and sustainability of flexible packaging. These advancements are expected to drive the Mexico flexible packaging market growth in the forecast period.

Market Segmentation

The market can be divided based on material, product type, and application.

Market Breakup by Material
• Plastic
• Paper
• Aluminium
• Others

Market Breakup by Product Type

• Printed Rollstock
• Preformed Bags
• Pouches
• Others

Market Breakup by Application

• Food and Beverages
• Personal Care and Cosmetics
• Pharmaceuticals
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Mexico flexible packaging companies.

Some of the major key players explored in the report by Expert Market Research are as follows:

• Amcor Plc
• Berry Global Inc.
• Sealed Air Corporation
• Winpak Ltd.
• Flexitek de México, SA de CV
• Constantia Flexibles
• Grupo Lantero
• Altopro S. de R.L. de C.V.
• Transcontinental Inc.
• Others

More Reports

Automotive Wiper Market: https://bityl.co/LN0t

Baggage Handling System Market : https://bityl.co/LN0v

Anti-static Film Market: https://bityl.co/LN0x

Beverage Processing Equipment Market: https://bityl.co/LN10

Bifacial Solar Panels Market: https://bityl.co/LN13

Big Data Technology Market : https://bityl.co/LN15

Biliary Stent Market: https://bityl.co/LN17

Bioadhesive Microspheres Market: https://bityl.co/LN19

Biochips Based In-vitro Diagnostics Market: https://bityl.co/LN1C

Cross Roller Bearings Market: https://bityl.co/LN1E

Media Contact

Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

This release was published on openPR.