Product Code: ETC039644 | Publication Date: Jan 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Plastic Packaging market currently, in 2023, has witnessed an HHI of 7279, Which has decreased slightly as compared to the HHI of 7710 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The plastic packaging market in Mexico is experiencing rapid growth, driven by the country`s thriving consumer goods sector and expanding manufacturing activities. Plastic packaging offers versatility, durability, and cost-effectiveness, making it popular across various industries including food and beverage, healthcare, and personal care. However, there is a growing emphasis on sustainable packaging solutions, leading to innovations in recyclable and biodegradable plastics.
The Mexico Plastic Packaging market is primarily fueled by the versatility and cost-effectiveness of plastic materials in packaging. Plastic packaging offers lightweight and durable solutions, making it a preferred choice across various industries. The food and beverage sector, in particular, witnesses significant demand for plastic packaging due to its ability to preserve and protect products. Additionally, the growing e-commerce industry contributes to the increased use of plastic packaging for shipping and delivering goods.
The Mexico Plastic Packaging Market grapples with challenges associated with environmental sustainability and shifting consumer preferences towards eco-friendly alternatives. Increasing awareness about the environmental impact of plastic packaging puts pressure on the industry to innovate and adopt recyclable materials. Stringent regulations and policies aimed at reducing single-use plastics present compliance challenges for manufacturers. Additionally, fluctuations in the prices of raw materials, such as polymers, affect production costs and profit margins. The industry also faces scrutiny regarding the disposal and recycling of plastic packaging, necessitating investments in sustainable practices and technologies.
In response to environmental concerns regarding plastic pollution, the Mexican government has implemented policies to regulate and reduce the use of single-use plastics in packaging. Measures such as taxes on plastic products and mandates for eco-friendly packaging materials incentivize companies to transition towards sustainable alternatives. Moreover, campaigns raising awareness about plastic waste management encourage consumer preferences for recyclable and biodegradable packaging options.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Plastic Packaging Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Plastic Packaging Market Revenues & Volume, 2019 & 2026F |
3.3 Mexico Plastic Packaging Market - Industry Life Cycle |
3.4 Mexico Plastic Packaging Market - Porter's Five Forces |
3.5 Mexico Plastic Packaging Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Mexico Plastic Packaging Market Revenues & Volume Share, By Product, 2019 & 2026F |
3.7 Mexico Plastic Packaging Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Mexico Plastic Packaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Plastic Packaging Market Trends |
6 Mexico Plastic Packaging Market, By Types |
6.1 Mexico Plastic Packaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Plastic Packaging Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Mexico Plastic Packaging Market Revenues & Volume, By Rigid, 2016 - 2026F |
6.1.4 Mexico Plastic Packaging Market Revenues & Volume, By Flexible, 2016 - 2026F |
6.2 Mexico Plastic Packaging Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Mexico Plastic Packaging Market Revenues & Volume, By Bottles, 2016 - 2026F |
6.2.3 Mexico Plastic Packaging Market Revenues & Volume, By Cans, 2016 - 2026F |
6.2.4 Mexico Plastic Packaging Market Revenues & Volume, By Wraps & Films, 2016 - 2026F |
6.2.5 Mexico Plastic Packaging Market Revenues & Volume, By Bags, 2016 - 2026F |
6.2.6 Mexico Plastic Packaging Market Revenues & Volume, By Pouches, 2016 - 2026F |
6.2.7 Mexico Plastic Packaging Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Mexico Plastic Packaging Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Mexico Plastic Packaging Market Revenues & Volume, By Food & Beverages, 2016 - 2026F |
6.3.3 Mexico Plastic Packaging Market Revenues & Volume, By Industrial Packaging, 2016 - 2026F |
6.3.4 Mexico Plastic Packaging Market Revenues & Volume, By Pharmaceuticals, 2016 - 2026F |
6.3.5 Mexico Plastic Packaging Market Revenues & Volume, By Personal & Household Care, 2016 - 2026F |
6.3.6 Mexico Plastic Packaging Market Revenues & Volume, By Others, 2016 - 2026F |
7 Mexico Plastic Packaging Market Import-Export Trade Statistics |
7.1 Mexico Plastic Packaging Market Export to Major Countries |
7.2 Mexico Plastic Packaging Market Imports from Major Countries |
8 Mexico Plastic Packaging Market Key Performance Indicators |
9 Mexico Plastic Packaging Market - Opportunity Assessment |
9.1 Mexico Plastic Packaging Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Mexico Plastic Packaging Market Opportunity Assessment, By Product, 2019 & 2026F |
9.3 Mexico Plastic Packaging Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Mexico Plastic Packaging Market - Competitive Landscape |
10.1 Mexico Plastic Packaging Market Revenue Share, By Companies, 2019 |
10.2 Mexico Plastic Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |