Mexico Plastic Packaging Films Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 0.51 Million tonnes |
| Market Volume (2029) | 0.65 Million tonnes |
| CAGR (2024 - 2029) | 4.97 % |
| Market Concentration | Low |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Mexico Plastic Packaging Films Market Analysis
The Mexico Plastic Packaging Films Market size is estimated at 0.51 Million tonnes in 2024, and is expected to reach 0.65 Million tonnes by 2029, growing at a CAGR of 4.97% during the forecast period (2024-2029).
- The urban lifestyle in Mexico is fueling a surge in demand for convenient packaging. Consumers favor lightweight, user-friendly options, prompting vendors to revamp their designs to suit the expanding organized retail segment. Shifting to lighter materials, like flexible pouches, meets evolving demands and brings substantial energy-saving advantages. The industry's pivot toward sustainable packaging aligns well with the increasing consumer preference for eco-friendly products. This convergence is likely to drive innovation and intensify competition in the packaging sector.
- Mexico's strategic location, flanked by the Pacific Ocean to the West and the Gulf of Mexico to the East, positions it as a global production and trade hub. Mexico has proactively forged agreements with various economies and international bodies to enhance its global trade standing. Mexico has showcased its commitment to international collaboration as the first Latin American nation to join the Asia-Pacific Economic Cooperation (APEC). In addition, Mexico signed the North American Free Trade Agreement (NAFTA), which provided favorable tariff conditions and significantly reduced company inventory, shipping, and transportation costs. These geographic advantages have propelled Mexico's packaging sector, particularly highlighting the demand for a diverse range of plastic films.
- Plastic packaging is a cornerstone of Mexico's growing economy, enhancing the appeal of goods, from artisanal items to industrial products. The market is pivoting toward eco-friendly practices, with a notable emphasis on environmentally friendly printing and packaging. A prime example is Portugal's Evertis, a plastic film and packaging producer, recently inaugurated its Monterrey production facility in Mexico. Evertis specializes in mono- and multilayer semirigid barrier films, particularly for food packaging, and has set an ambitious goal of incorporating 50% recycled content by 2025. In 2021, the company reported consuming over 30,400 metric tons of scrap materials, with more than 9,300 metric tons being post-consumer polyethylene terephthalate (PET). The Monterrey facility alone boasts an annual capacity exceeding 22,000 tons, a figure realized in 2023.
- Commencing in 2020, the Mexico City government initiated a series of bans on single-use plastic items, with plastic bags being the first target. Subsequently, in 2021, additional disposable products faced prohibition, compelling companies to seek out plastic-free substitutes. These stringent actions pose a significant hurdle for Mexico's plastics sector and resonate with the nation's overarching aim of curbing environmental harm and promoting a circular economy. This, in turn, fosters innovation and sustainability in packaging.
- Mexican packaging is no longer just following a trend but embracing sustainability as the new standard. Material recycling is gaining prominence, with companies integrating it extensively across their supply chains. Both packaging manufacturers and consumers in Mexico are pivoting toward superior materials and adhering to elevated production benchmarks, especially in plastic film packaging. Notably, over 63% of food products in Mexico now opt for flexible packaging, witnessing annual growth rates exceeding 10%.
Mexico Plastic Packaging Films Market Trends
Increasing Demand for Plastic Films Across End user Industries
- Plastic film packaging, encompassing pouches, bags, films, and wraps, caters to the varied needs of the meat, poultry, and fish sectors. Its adaptability allows for packaging a range of cuts and portion sizes, from whole pieces to processed products like sausages and fillets. Moreover, this packaging type extends shelf life, enhances product visibility, and shields against contamination and spoilage, making it highly favored by both producers and consumers.
- In recent years, Mexico has significantly increased beef, pork, poultry, and seafood consumption and production. This growth is driven by a growing need for packaging that appeals to consumers and safeguards the products. As a result, packaging for meat, poultry, and seafood has emerged as a cost-efficient and practical choice. Projections indicate a surge in sales of plastic packaging in the upcoming years. This rise is mainly due to an increased focus on hygiene and the demand for packaging that extends shelf life and preserves the essential characteristics of meat and poultry, which are vital for both local and international markets.
- According to a recent USDA's Global Agricultural Information Network (GAIN) report, Mexico's appetite for chicken meat is rising. This trend is primarily attributed to the competitive pricing of chicken compared to other meats, coupled with an uptick in household incomes. Notably, Mexico stands as the world's fifth-largest consumer of chicken meat, with a persistent upward trajectory in demand. Chicken meat reigns as the most favored animal protein in the country. Projections indicate that in 2024, consumption is set to hit 4.9 million metric tons (MMT), marking a 3% increase from 2023's 4.8 MMT. The growth in per capita consumption is expected to be notably stronger in 2024, primarily fueled by a heightened demand for processed chicken products like cold cuts and frozen breaded varieties.
- In 2023, Mexico's revenue for the "Livestock, Poultry, and Other Edible Animals Meat Cutting and Packaging" industry rose to USD 2.18 billion, up from USD 2.6 billion. Projections indicate this figure will further climb to USD 2.24 billion by 2024.
- This uptick in demand is shifting towards adopting specialized plastic films for meat packaging, enhancing freshness during transit. These films act as a protective shield, safeguarding the meat from contaminants and elongating its shelf life. These films have become indispensable because they preserve quality during transportation and storage. Moreover, the escalating export value mirrors a surging global interest in Spanish poultry products. Consequently, there's a heightened need for packaging technologies to align with international standards and consumer preferences.
Polythene Segment Expected to Hold Significant Share in the Market
- Polyethylene (PE) has taken the forefront among plastic materials in Mexico, prized for its versatile physical properties. Its cost-effective production sets it apart from other plastics. Notably, PE boasts the lowest softening point among primary packaging plastics, reducing energy consumption. LDPE and LLDPE, closely related to PE, are prevalent in flexible packaging. Widely employed in the creation of plastic bags, films, and geomembranes, polyethylene's appeal lies in its lightweight nature, partial crystallinity, and notable features such as chemical resistance, low moisture absorption, and sound insulation.
- Given its diverse applications across sectors, Mexico's plastics market is a lucrative prospect for US exporters. Plastic products and resins are Mexico's top two US export categories. Mexico is the primary destination for US plastics, processing machinery, and related equipment. Since 2018, Mexico's plastics production has consistently grown, averaging 5.27% annually. In 2022, Mexico faced resin shortages, attributed to a slowdown in primary industries, yet managed to meet a surge in customer orders, resulting in a 13% increase in plastic production from the previous year. Mexico's total plastics imports in 2022 amounted to USD 41.52 billion, with the US accounting for a significant share, totaling USD 22.6 billion, representing 61% of Mexico's imports.
- Polyethylene, known for its flexibility, high moisture resistance, and durability, excels even in low temperatures. A key advantage is its natural sealing ability, often eliminating the need for additional coatings. Polyethylene forms a robust barrier when used alone or in combination with other materials. Its eco-friendly nature particularly appeals to packaging film manufacturers, aligning well with growing sustainability priorities.
- In 2023, Mexico's plastics and resins production reached a valuation of USD 28.73 billion. This growth was fueled by a surge in nearshoring, bolstered by fresh orders from the US and Canada, primarily attributed to the USMCA. The industry is witnessing a push toward sustainability, focusing on recycling technologies and the development of bioplastics to address global environmental concerns. US involvement in selling capital equipment, resins, plastic materials, parts, and molds remains a lucrative opportunity for Mexican producers.
- Mexico leads Latin America in polyethylene terephthalate (PET) recycling, boasting a 59% recovery rate for PET bottles designated for recycling. With nearly two million tons of plastic recycled annually, this high recycling rate makes Mexico less attractive for foreign PET sales, as local sourcing proves more cost-effective. Many major Mexican companies use in-house recycling to meet stringent health and environmental regulations. Given this, there's a growing demand anticipated for advanced plastic recycling technologies and high-purity recycled materials in the coming years.
Mexico Plastic Packaging Films Industry Overview
The Mexican plastic packaging films market is fragmented with several global and regional players, such as Berry Global Inc., Poly Rafia, SA De CV, Evertis de México S, and others vying for attention in a contested market space characterized by low product differentiation, growing product penetration, and high competition.
- June 2024- Evertis unveiled its Evercare brand, positioning itself as a premier supplier of cutting-edge medical-grade films tailored for the healthcare sector. Drawing on Evertis' 65-year legacy in crafting PET and PETG films for regulated uses, Evercare not only upholds sustainability standards but also meets the stringent demands of the healthcare landscape.
- September 2023 - Berry Global, emphasizing its dedication to sustainability, unveiled food-grade low-density polyethylene (LLDPE) films. These films boast at least 30% post-consumer recycled plastic (PCR). By augmenting its film range with this eco-friendly option, Berry Global equips brands with a means to honor their sustainability pledges, particularly in food packaging. The PCR-LLDPE films, tailored for the bakery and frozen food sectors, are now part of Berry's flexible film lineup. These films are applied in stand-up pouches, premade bags, and roll stock formats, catering to vertical and horizontal form, fill, and seal (VFFS and HFFS) packaging methods.
Mexico Plastic Packaging Films Market Leaders
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Berry Global Inc.
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FLEX AMERICAS S.A. de C.V.
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Innovia Films (CCL Industries Inc.)
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Evertis de México S.
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Poly Rafia, S.A. De C.V.
*Disclaimer: Major Players sorted in no particular order
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Mexico Plastic Packaging Films Market News
- October 2023 -PAC Worldwide, a customized and contract packaging solutions provider, bolstered its presence in Central America by inaugurating a new comprehensive, flexible packaging facility in Mexico. The company has shifted its operations from its former base in Pedro Escobedo to this new site in Vistha San Juan del Rio. Spanning an expansive 83,000 square feet, this upgraded facility is set to churn out a diverse range of poly products. These include the company's signature Mailjacket and Polyjacket mailers, alongside roll film, security bags, and pouches. With the potential to produce over 700,000 bags daily, the plant is primed for substantial output.
- August 2023 - Amid increasing US demand, Polyfit, a plastics reclaimer, poured USD 7 million into expanding its northern Mexico campus. The move significantly ramped up its polyethylene recycling capabilities. Hailing from Chino Hills, California, Polyfit unveiled a sprawling 160,000-square-foot plant in Tecate, Mexico. This expansion has bolstered the company's LDPE/LLDPE pellet production across North America to a minimum of 120 million pounds annually.
Mexico Plastic Packaging Films Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Defintion
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Driver
5.1.1 Rising Demand for Lightweight Packaging Solutions
5.1.2 Surging Demand Across Diverse Industries Signals Growth Potential for Plastic Films
5.2 Market Challenges
5.2.1 Stringent Government Laws and Regulation Toward Plastic
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Polypropylene(PP) (Biaxially Oriented Polypropylene (BOPP),Cast polypropylene (CPP))
6.1.2 Polyethylene (Low-Density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE))
6.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
6.1.4 Polystyrene
6.1.5 Bio-based
6.1.6 PVC, EVOH, PETG, and Other Film Types
6.2 By End-User Industry
6.2.1 Food
6.2.1.1 Candy & Confectionery
6.2.1.2 Frozen Foods
6.2.1.3 Fresh Produce
6.2.1.4 Dairy Products
6.2.1.5 Dry Foods
6.2.1.6 Meat, Poultry, And Seafood
6.2.1.7 Pet Food
6.2.1.8 Other Food Products (Seasonings and Spices, Spreadables, Sauces, Condiments, etc.)
6.2.2 Healthcare
6.2.3 Personal Care and Home Care
6.2.4 Industrial Packaging
6.2.5 Other End-use Industry Applications (Agricultural, Chemical, etc)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Berry Global Inc.
7.1.2 FLEX AMERICAS SA de CV
7.1.3 Innovia Films (CCL Industries Inc.)
7.1.4 Taghleef Industries Group
7.1.5 Poly Rafia SA De CV
7.1.6 Cosmo Films
7.1.7 Evertis de Mexico S
7.1.8 PLAMI SA DE CV
7.1.9 PYLA SA de CV
7.1.10 Oben Group
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Mexico Plastic Packaging Films Industry Segmentation
Plastic films are versatile, serving to wrap products, overwrap various packaging types (from individual packs to palletized loads), create sachets, bags, and pouches, and are often part of laminates, where they are combined with other plastics and materials for packaging. The report also delves into the demand for these converted packaging films, analyzing them across essential resin and application categories. This broad scope mirrors the diverse needs of the market and the shifting preferences of consumers and businesses.
The Mexican plastic packaging films market is segmented by type (polypropylene (biaxially oriented polypropylene (BOPP), cast polypropylene (CPP)), polyethylene (low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE)), polyethylene terephthalate (biaxially oriented polyethylene terephthalate (BOPET)), polystyrene, bio-based, and PVC, EVOH, PETG, and other film types), by end-user industry (food [candy and confectionery, frozen foods, fresh produce, dairy products, dry foods, meat, poultry, and seafood, pet food, and other food products (seasonings and spices, spreadables, sauces, condiments, etc. ), healthcare, personal care and home care, industrial packaging, other end-use industry applications ). The report offers market forecasts and volume (tonnes) for all the above segments.
| By Type | |
| Polypropylene(PP) (Biaxially Oriented Polypropylene (BOPP),Cast polypropylene (CPP)) | |
| Polyethylene (Low-Density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE)) | |
| Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)) | |
| Polystyrene | |
| Bio-based | |
| PVC, EVOH, PETG, and Other Film Types |
| By End-User Industry | ||||||||||
| ||||||||||
| Healthcare | ||||||||||
| Personal Care and Home Care | ||||||||||
| Industrial Packaging | ||||||||||
| Other End-use Industry Applications (Agricultural, Chemical, etc) |
Mexico Plastic Packaging Films Market Research FAQs
How big is the Mexico Plastic Packaging Films Market?
The Mexico Plastic Packaging Films Market size is expected to reach 0.51 million tonnes in 2024 and grow at a CAGR of 4.97% to reach 0.65 million tonnes by 2029.
What is the current Mexico Plastic Packaging Films Market size?
In 2024, the Mexico Plastic Packaging Films Market size is expected to reach 0.51 million tonnes.
Who are the key players in Mexico Plastic Packaging Films Market?
Berry Global Inc., FLEX AMERICAS S.A. de C.V., Innovia Films (CCL Industries Inc.), Evertis de México S. and Poly Rafia, S.A. De C.V. are the major companies operating in the Mexico Plastic Packaging Films Market.
What years does this Mexico Plastic Packaging Films Market cover, and what was the market size in 2023?
In 2023, the Mexico Plastic Packaging Films Market size was estimated at 0.48 million tonnes. The report covers the Mexico Plastic Packaging Films Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Plastic Packaging Films Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mexico Plastic Packaging Films Industry Report
Statistics for the 2024 Mexico Plastic Packaging Films market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Plastic Packaging Films analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
