Packaging Industry in Mexico Market 2022 Global Outlook - Amcor PLC, Mondi PLC, Wipak Group, Sit Group SpA, Phoenix Closures Inc., Glenroy Inc

The Packaging Industry in Mexico Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Packaging Industry in Mexico is expected to grow at a CAGR of 14% over the forecast period (2021-2026).

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Top Leading Companies of Packaging Industry in Mexico Market are Amcor PLC, Mondi PLC, Wipak Group, Sit Group SpA, Phoenix Closures Inc., Glenroy Inc., Fres-co System USA Inc., JL Packaging Corporation, Belmark Inc., Printpack Inc., Constantia Flexibles Group, Innovia Films Mexico S.A. de C.V. and others.

Industry News and Updates

February 2018 - Switzerland-based Amcor Flexibles Kreuzlingen AG filed a patent application for flexible multilayer packaging film with ultra-high barrier properties.

- January 2018 - Mondi Group partnered with its customer, Royal Vaassen Flexible Packaging, a global specialist in packaging for food and drink. Using Mondi Speciality Kraft Paper’s Advantage MG Coating, Royal Vaassen is expected to supply market leaders within the food industry, with solutions for spiral-tube packaging like pack and display chips.

Key Market Trends

Food and Beverage End-user Segment to Have the Largest Market Share

- The steady decline in poverty rates, coupled with a growing middle-class population, has led to the growth of the food industry in Mexico. Packaged food products have recorded high growth, owing to the growing need for convenience and on-the-go lifestyle of the local populace.

- Packaging companies around the world are manufacturing packages that help achieve these objectives so that food manufacturer can safely transport and sell their products to end customers. Mexico is witnessing the fastest growth for retail packaging in the food sector, after Brazil, in Latin America.

- Owing to the slump in soft drink consumption in North America and Europe, Mexico is seen as a potential market. Though carbonated soft drinks sales are declining, due to growing conscientious population, high growth is witnessed in the RTD drinks, energy drinks, and fruit juices.

Regional Outlook of Packaging Industry in Mexico Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Packaging Industry in Mexico Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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