Mexico Medical Flexible Packaging Market Size & Outlook
Mexico medical flexible packaging market, 2018-2030 (US$M)
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Mexico medical flexible packaging market highlights
- The Mexico medical flexible packaging market generated a revenue of USD 63.9 million in 2023 and is expected to reach USD 95.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Medical flexible packaging market data book summary
| Market revenue in 2023 | USD 63.9 million |
| Market revenue in 2030 | USD 95.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Paper |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Aluminum, Bioplastics |
| Key market players worldwide | Amcor PLC, AptarGroup Inc, BD, Berry Global Group Inc, Winpak Ltd, Sealed Air Corp, Mondi PLC, Huhtamäki Oyj, Coveris, WestRock Co, Daetwyler Holding AG, Catalent Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Gerresheimer AG ADR, Amcor |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.3% of the global medical flexible packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical flexible packaging 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 95.9 million by 2030.
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Medical Flexible Packaging Market Scope
Medical Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico medical flexible packaging 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 medical flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 79.03% in 2023. Horizon Databook has segmented the Mexico medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The medical flexible packaging market in Mexico has experienced steady growth in recent years and is expected to continue growing in the coming years. This growth can be attributed to several factors including an increase in demand for medical devices and pharmaceutical products, a growing aging population, and advancements in packaging technology.
Flexible packaging is becoming more popular in medical industry due to its convenience and costeffectiveness. Flexible packaging is lightweight, easy to transport, and can be customized to meet specific product needs. It is often more cost-effective than traditional packaging materials such as glass or metal.
Mexico is home to several major medical device manufacturers and pharmaceutical companies, which has led to an increased demand for medical flexible packaging. The country also has a growing aging population, which is driving the demand for medical devices and pharmaceutical products and propelling the growth of the medical flexible packaging market in the region.
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Target buyers of Mexico medical flexible packaging market databook
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Our clientele includes a mix of medical flexible packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical flexible packaging market size, by material, 2018-2030 (US$M)
Mexico Medical Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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