Mexico In-mold Labels Market Size & Outlook, 2023-2030
Mexico in-mold labels market, 2018-2030 (US$M)
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Mexico in-mold labels market highlights
- The Mexico in-mold labels market generated a revenue of USD 158.8 million in 2023 and is expected to reach USD 223.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating material in 2023.
- Polypropylene (PP) is the most lucrative material segment registering the fastest growth during the forecast period.
In-mold labels market data book summary
| Market revenue in 2023 | USD 158.8 million |
| Market revenue in 2030 | USD 223.1 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Polyethylene (PE), Polycarbonate (PC), Acrylonitrile Butadiene Styrene |
Other key industry trends
- In terms of revenue, Mexico accounted for 6.9% of the global in-mold labels market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. in-mold labels market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 223.1 million by 2030.
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In-Mold Labels Market Scope
In-Mold Labels Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico in-mold labels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in-mold labels market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 50.82% in 2023. Horizon Databook has segmented the Mexico in-mold labels market based on polypropylene (pp), polyethylene (pe), polycarbonate (pc), acrylonitrile butadiene styrene covering the revenue growth of each sub-segment from 2018 to 2030.
The growing food & beverage industry across Mexico is anticipated to accelerate the growth of the Mexican in-mold labels market. The expansion of the food & beverage industry can be attributed to favorable trade agreements, growing population and urbanization, and increasing investment of the global food & beverage companies in the country.
Favorable trade regulations, such as the U.S.-MexicoCanada Agreement (USMCA), which came into effect in July 2020, are attracting foreign investments in the FMCG industry in the country. The Mexican beverage packaging market is highly influenced by expansion activities carried out by major beverage manufacturing companies.
For instance, in October 2023, the Coca-Cola Company invested USD 133.0 million to expand its dairy and juice production in Mexico through its local subsidiary, Jugos del Valle-Santa Clara.
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Our clientele includes a mix of in-mold labels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico in-mold labels market , including forecasts for subscribers. This country databook contains high-level insights into Mexico in-mold labels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico in-mold labels market size, by material, 2018-2030 (US$M)
Mexico In-Mold Labels Market Outlook Share, 2023 & 2030 (US$M)
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