Market Share of Mexico Flexible Plastic Packaging Industry
The Mexican flexible plastic packaging market exhibits a moderate level of consolidation, with companies of varying sizes, such as Amcor PLC, Innovia Films, and Sonoco Products Company, competing for significant market shares. These firms are actively pursuing strategies like new product launches, mergers, acquisitions, and market expansions to bolster their revenues.
- In April 2024, Amcor PLC, an Australian packaging giant, collaborated with Kimberley Clark to introduce a line of flexible packaging for its Eco Protect Diapers in Latin America. This innovative packaging boasts 30% recycled materials, aligning with sustainability trends.
Mexico Flexible Plastic Packaging Market Leaders
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Amcor PLC
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Sonoco Products Company
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Huhtamaki Oyj
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Innovia Films
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order