Mexico - North America Flexible Packaging Market Size & Outlook
Mexico - North America Flexible Packaging Market, 2018-2030 (US$M)
Global Market
Related Markets
Mexico flexible packaging market highlights
- The Mexico flexible packaging market generated a revenue of USD 5,694.9 million in 2023 and is expected to reach USD 8,053.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 5,694.9 million |
| Market revenue in 2030 | USD 8,053.4 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.1% of the global flexible packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 8,053.4 million by 2030.
The flexible packaging market in Mexico has experienced steady growth in recent years and it is expected to continue growing in the coming years. This growth can be attributed to several factors, including growing demand for medical devices, pharmaceutical products, aging population, and advancements in food and beverage packaging technology.
Flexible packaging is becoming more popular in the medical and food and beverage industry due to its convenience and cost-effectiveness. Mexico has well-established trade relations with the U.S. and Canada due to the U.S.-Mexico-Canada Agreement (USMCA). In addition, the country has free trade agreements with countries in European Union, Central & South America, and Asia Pacific.
The top processed food exported to Mexico by the U.S. include processed/prepared dairy products, food preparation ingredients, condiments, sauces, jams, and edible oils. Usually, these products are transported via flexible bulk liners and are then dispensed into small pouches or bags for further branding and distribution.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sonoco Products Co | View profile | 23,000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | www.sonoco.com |
| Huhtamäki Oyj | View profile | 17,868 | Revontulenkuja 1, Espoo, Finland, 02100 | www.huhtamaki.com |
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Berry Global Group Inc | View profile | 44,000 | 101 Oakley Street, Evansville, IN, United States, 47710 | www.berryglobal.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16,100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | www.cclind.com |
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.cflex.com |
| Cosmo Films | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.cosmofilms.com/ |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8,131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | tctranscontinental.com |
Mexico - North America Flexible Packaging Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Flexible Packaging Market Outlook will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 71.46% in 2023.
Horizon Databook has segmented the Mexico - North America flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The flexible packaging market in Mexico has experienced steady growth in recent years and it is expected to continue growing in the coming years. This growth can be attributed to several factors, including growing demand for medical devices, pharmaceutical products, aging population, and advancements in food and beverage packaging technology.
Flexible packaging is becoming more popular in the medical and food and beverage industry due to its convenience and cost-effectiveness. Mexico has well-established trade relations with the U.S. and Canada due to the U.S.-Mexico-Canada Agreement (USMCA). In addition, the country has free trade agreements with countries in European Union, Central & South America, and Asia Pacific.
The top processed food exported to Mexico by the U.S. include processed/prepared dairy products, food preparation ingredients, condiments, sauces, jams, and edible oils. Usually, these products are transported via flexible bulk liners and are then dispensed into small pouches or bags for further branding and distribution.
- Mexico - North America Flexible Packaging Market Raw Material Outlook (Revenue, USD Million , 2018-2030)
- Plastics
- Paper & Paperboard
- Metal
- Bioplastics
- Mexico - North America Flexible Packaging Market Product Outlook (Revenue, USD Million , 2018-2030)
- Pouches
- Rollstock
- Bags
- Films & Wraps
- Others
- Mexico - North America Flexible Packaging Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food & beverages
- Pharmaceutical
- Personal Care & Cosmetics
- Others
Reasons to subscribe to Flexible Packaging Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Flexible Packaging Market Outlook databook
- Our clientele includes a mix of Flexible Packaging Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Flexible Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Flexible Packaging Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Flexible Packaging Market, 2018-2030 (US$M)
Mexico flexible packaging market statistics, by raw material, 2018-2030 (US$M)
