Mexico - North America Thermoform Packaging Market Size & Outlook
Global Market
Related Markets
Mexico thermoform packaging market highlights
- The Mexico thermoform packaging market generated a revenue of USD 1,477.7 million in 2025 and is expected to reach USD 2,184.7 million by 2033.
- The Mexico market is expected to grow at a CAGR of 5% from 2026 to 2033.
- In terms of segment, pet was the largest revenue generating material in 2025.
- PE is the most lucrative material segment registering the fastest growth during the forecast period.
Thermoform packaging market data book summary
| Market revenue in 2025 | USD 1,477.7 million |
| Market revenue in 2033 | USD 2,184.7 million |
| Growth rate | 5% (CAGR from 2026 to 2033) |
| Largest segment | Pet |
| Fastest growing segment | PE |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PET, PVC, PS, PP, PE |
| Key market players worldwide | Amcor PLC, Sonoco Products Co, PLACON, Display Pack Inc, Pactiv Evergreen Inc Ordinary Shares, Dart Container Corporation, Constantia Flexibles, D&W Fine Pack, Lacerta Group, RPC Group, Silgan Holdings Inc, Sinclair & Rush, Rompa Group |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global thermoform packaging market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. thermoform packaging market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,184.7 million by 2033.
Expanding penetration of organized retail across the country and growing preference for e-commerce are likely to majorly contribute to the growth of plastic packaging market in the country.
However, in January 2020, Mexico City banned the use of single-use plastic bags to curb plastic waste. Such plastic bans are anticipated to become more prevalent in other parts of the country in the coming years.
Which, in turn, is expected to hinder the market growth. Since the past few years, Mexico has been a hub for many manufacturing companies belonging to various end-use industries due to advantages such as no tariff on trade.
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Publish Date: Dec 09, 2025
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Thermoform Packaging Market Scope
Thermoform 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 |
| Pactiv Evergreen Inc Ordinary Shares | View profile | 15,000 | 1900 West Field Court, Lake Forest, IL, United States, 60045 | www.pactivevergreen.com |
| PLACON | View profile | 251-500 | Madison, Wisconsin, United States, North America | medical.placon.com |
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Silgan Holdings Inc | View profile | 14,400 | 4 Landmark Square, Suite 400, Stamford, CT, United States, 06901 | www.silganholdings.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.cflex.com |
| Dart Container Corporation | View profile | 10001+ | Mason, Ohio, United States, North America | www.dartcontainer.com |
| Display Pack Inc | View profile | 251-500 | Cedar Springs, Michigan, United States, North America | displaypack.com |
| D&W Fine Pack | View profile | 1001-5000 | Wood Dale, Illinois, United States, North America | www.dwfinepack.com |
| Lacerta Group | View profile | 11-50 | Mansfield, Massachusetts, United States, North America | lacerta.com/ |
Mexico - North America Thermoform 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 Thermoform Packaging Market Outlook will help companies and investors design strategic landscapes.
Pet was the largest segment with a revenue share of 45.74% in 2025.
Horizon Databook has segmented the Mexico - North America thermoform packaging market based on pet, pvc, ps, pp, pe covering the revenue growth of each sub-segment from 2021 to 2033.
Expanding penetration of organized retail across the country and growing preference for e-commerce are likely to majorly contribute to the growth of plastic packaging market in the country.
However, in January 2020, Mexico City banned the use of single-use plastic bags to curb plastic waste. Such plastic bans are anticipated to become more prevalent in other parts of the country in the coming years.
Which, in turn, is expected to hinder the market growth. Since the past few years, Mexico has been a hub for many manufacturing companies belonging to various end-use industries due to advantages such as no tariff on trade.
- Mexico - North America Thermoform Packaging Market Material Outlook (Revenue, USD Million , 2021-2033)
- PET
- PVC
- PS
- PP
- PE
- Others
- Mexico - North America Thermoform Packaging Market Product Outlook (Revenue, USD Million , 2021-2033)
- Blister Packaging
- Clamshell Packaging
- Skin Packaging
- Trays & Lids
- Containers
- Others
- Mexico - North America Thermoform Packaging Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Food & Beverage
- Personal Care & Cosmetics
- Pharmaceuticals
- Electronics
- Homecare
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Thermoform Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Thermoform Packaging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Thermoform Packaging Market, 2021-2033 (US$M)
Mexico thermoform packaging market statistics, by material, 2021-2033 (US$M)
