Market Share of Packaging Industry in Mexico
The packaging industry in Mexico is highly competitive and consists of several major players. Few big competitors now control most of the market in terms of market share. These major firms, which hold a significant market share, are concentrating on growing their consumer base internationally. These businesses use smart joint ventures to boost their market share and profitability.
In December 2022, Amcor Rigid Packaging developed and introduced a two-step, lightweight quantum technology for polyethene terephthalate (PET) bottles that eliminate more than 50% of the material and weight in the finish of the bottle and deliver sustainability benefits, lowers cost, and improves packaging appearance.
Mexico Packaging Market Leaders
-
Amcor PLC
-
Mondi PLC
-
Wipak Group
-
Sit Group SpA
-
Phoenix Closures Inc.
*Disclaimer: Major Players sorted in no particular order
