Market Share of Mexico Print Label Industry
The Mexican print label market is semi-consolidated with the presence of several market players, such as CCL Industries Inc, Eximpro, UPM Raflatec, Sprink, and Avery Dennison Corporation. These market players hold a small market share with a large number of other firms in the industry. The companies keep innovating and entering into strategic partnerships to maintain their market share.
- In May 2023, Taylor Corporation inaugurated its new label manufacturing facility in Monterrey, Mexico, with an area of over 107,000 square feet. This expanded site, approximately 75% larger than its predecessor, integrates production, warehousing, and distribution functions, consolidating operations efficiently. This strategic investment enables the company to cater to the increasing demand for robust labels within the Mexican industrial manufacturing sector.
- In September 2022, UPM Raflatac formed strategic partnerships and alliances with industry stakeholders to enhance its capabilities and market presence. The company collaborates with technology providers, equipment manufacturers, and other companies to develop integrated labeling solutions, streamline processes, and explore new market segments. UPM Raflatac collaborated with industrial labeling and identification solutions provider Logopak to provide their customers with a robust linerless print and apply labeling solution.
Mexico Print Label Market Leaders
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CCL Industries Inc
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Eximpro
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UPM Raflatec
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Sprink
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Avery Dennison Corporation
*Disclaimer: Major Players sorted in no particular order
