Market Size of Mexico Pouch Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.28 Billion |
| Market Size (2029) | USD 1.75 Billion |
| CAGR (2024 - 2029) | 6.45 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Mexico Pouch Packaging Market Analysis
The Mexico Pouch Packaging Market size is estimated at USD 1.28 billion in 2024, and is expected to reach USD 1.75 billion by 2029, growing at a CAGR of 6.45% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 12.55 billion units in 2024 to 16.70 billion units by 2029, at a CAGR of 5.88% during the forecast period (2024-2029).
The rising demand for convenient packaging options in Mexico is driving the market's growth. Pouches are widely used in Mexico's food, beverage, and pharmaceutical packaging due to their convenient, flexible features and design.
- Key drivers, including a surge in tourism, urbanization, and a rising penchant for take-out, fuel the Mexican food and beverage sector. The country's packaging industry is on an upward trajectory, bolstered by a burgeoning economy driven by amplified food production and exports.
- Highlighting Mexico's prowess, the United States Department of Agriculture (USDA) reports that the nation boasts Latin America's second-largest food processing sector. In 2023, Mexico imported a substantial USD 51 billion worth of food ingredients. Notably, the surging appetite for processed meats and dairy in Mexico amplifies the demand for pouch packaging.
- Industry giants like Amcor Group are championing eco-conscious practices. Amcor tailors these in diverse sizes, catering to Mexico's on-the-go and single-serve consumption trends.
- However, Mexico's packaging landscape faces numerous challenges. The sector grapples with price volatility, especially concerning plastics and paper. These price fluctuations, often dictated by material supply and demand dynamics, pose production hurdles, potentially denting the packaging industry's growth.
Mexico Pouch Packaging Industry Segmentation
Pouch packaging is a flexible packaging product made from barrier films or paper or foil, depending on the end-user’s requirement. This report analyzes the factors that impact geopolitical developments in the studied market based on the prevalent base scenarios, key themes, and end-user industries-related demand cycles. The analysis is based on the market insights captured through secondary and primary research. The market also covers the major factors impacting the growth of the pouch market in terms of drivers and restraints. The estimates exclude the weight and the cost of the content that is or is to be packed inside the pouch packaging solution.
The Mexico Pouch Packaging Market is Segmented by Material Type ( Paper, Plastic and Aluminum), by Resin Type - Plastic ( Polyethylene, Polypropylene, PET, PVC, EVOH, Other Resins), by Product ( Flat ( Pillow and Side Seal), Stand Up), by End-User Industry (Food (Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, And Seafood, Pet Food, Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)), Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End-User Industries). The market sizing and forecasts are provided in terms of volume (Units) and revenue (USD) for all the above segments.
| By Material | ||||||||
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| Paper | ||||||||
| Aluminum |
| By Product | |
| Flat (Pillow & Side-Seal) | |
| Stand-up |
| By End-User Industry | ||||||||||
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| Beverage | ||||||||||
| Medical and Pharmaceutical | ||||||||||
| Personal Care and Household Care | ||||||||||
| Other End user Industries ( Automotive, Chemical, Agriculture) |
Mexico Pouch Packaging Market Size Summary
The Mexico pouch packaging market is experiencing significant growth, driven by the increasing demand for convenient and flexible packaging solutions across various sectors, including food, beverages, and pharmaceuticals. The market's expansion is supported by the country's robust food processing industry, which is the second largest in Latin America, and a thriving economy that benefits from increased food production and exports. The rise in tourism, urbanization, and a growing preference for take-out options are further propelling the food and beverage sector, thereby boosting the demand for pouch packaging. Industry leaders like Amcor Group are adapting to these trends by offering eco-friendly packaging solutions that cater to Mexico's on-the-go lifestyle. However, the market faces challenges such as price volatility in raw materials like plastics and paper, which could impact production and growth.
The Mexican pouch packaging market is also benefiting from advancements in packaging technology, such as aseptic packaging, which is gaining popularity for its ability to extend product shelf life and reduce the need for cold chain logistics. This is particularly relevant for ready-to-drink beverages and liquid products. The market is characterized by a fragmented landscape with major players like Amcor Group, Sonoco Products Company, and Gualapack SpA, alongside local companies such as Zubex Industrial SA de CV and ABA SA de CV. These companies are enhancing their market positions through strategic initiatives, including product launches and acquisitions. The growing healthcare sector and the increasing demand for pharmaceutical packaging further contribute to the market's expansion, as Mexico ranks as a significant player in the global pharmaceutical market.
Mexico Pouch Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Plastic
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2.1.1.1 Polyethylene
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2.1.1.2 Polypropylene
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2.1.1.3 PET
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2.1.1.4 PVC
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2.1.1.5 EVOH
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2.1.1.6 Other Resins
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2.1.2 Paper
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2.1.3 Aluminum
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2.2 By Product
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2.2.1 Flat (Pillow & Side-Seal)
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2.2.2 Stand-up
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2.3 By End-User Industry
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2.3.1 Food
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2.3.1.1 Candy & Confectionery
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2.3.1.2 Frozen Foods
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2.3.1.3 Fresh Produce
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2.3.1.4 Dairy Products
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2.3.1.5 Dry Foods
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2.3.1.6 Meat, Poultry, And Seafood
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2.3.1.7 Pet Food
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2.3.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
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2.3.2 Beverage
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2.3.3 Medical and Pharmaceutical
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2.3.4 Personal Care and Household Care
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2.3.5 Other End user Industries ( Automotive, Chemical, Agriculture)
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Mexico Pouch Packaging Market Size FAQs
How big is the Mexico Pouch Packaging Market?
The Mexico Pouch Packaging Market size is expected to reach USD 1.28 billion in 2024 and grow at a CAGR of 6.45% to reach USD 1.75 billion by 2029.
What is the current Mexico Pouch Packaging Market size?
In 2024, the Mexico Pouch Packaging Market size is expected to reach USD 1.28 billion.
