Mexico Molded Pulp Packaging Market Size & Outlook
Mexico molded pulp packaging market, 2018-2030 (US$M)
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Mexico molded pulp packaging market highlights
- The Mexico molded pulp packaging market generated a revenue of USD 180.0 million in 2023 and is expected to reach USD 321.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Non-Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Molded pulp packaging market data book summary
| Market revenue in 2023 | USD 180.0 million |
| Market revenue in 2030 | USD 321.0 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Wood pulp |
| Fastest growing segment | Non-Wood Pulp |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood Pulp, Non-Wood Pulp |
| Key market players worldwide | Huhtamäki Oyj, Genpak, Pro-Pac Packaging (Aust) Pty Ltd, Brødrene Hartmann, CKF, Sonoco Products Co, Eco Products, Fabri-Kal, Henry Molded Products, Sabert Corp., MVI ECOPACK, Pton Molded Fiber Products Co. |
Other key industry trends
- In terms of revenue, Mexico accounted for 3.3% of the global molded pulp 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. molded pulp packaging market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 283.9 million by 2030.
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Molded Pulp Packaging Market Scope
Molded Pulp Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico molded pulp 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 molded pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 85.44% in 2023. Horizon Databook has segmented the Mexico molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is expected to benefit from the rising construction spending and the growing inclination of consumers toward the utilization of sustainable building materials. The development of construction industry is expected to propel the demand for electrical fittings such as electrical enclosures, wall switches, and others.
Moreover, continuous development in key growth areas such as electronics & appliances is expected to boost molded pulp packaging demand over the forecast period. The total paper & cardboard production in Mexico is expected to witness high growth over the forecast period owing to increased applications.
Paper & paperboard are a major source of raw material for the production of molded pulp packaging solutions. With the advent of growing application scope and raw material production in the country, the demand for molded pulp is expected to grow over the forecast period.
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Our clientele includes a mix of molded pulp packaging market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico molded pulp packaging market size, by source, 2018-2030 (US$M)
Mexico Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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