Mexico Returnable Packaging Market Size & Outlook
Mexico returnable packaging market, 2018-2030 (US$M)
Related Markets
Mexico returnable packaging market highlights
- The Mexico returnable packaging market generated a revenue of USD 2,857.7 million in 2023 and is expected to reach USD 4,047.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 2,857.7 million |
| Market revenue in 2030 | USD 4,047.3 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.5% of the global returnable packaging 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. returnable 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 5,314.6 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 64.63% in 2023. Horizon Databook has segmented the Mexico returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has been a hub for the past five years for many manufacturing companies belonging to various end-use industries due to advantages such as no tariff on trade. This can be attributed to the 12 free trade agreements of Mexico with approximately 46 countries globally.
The aforementioned factors are expected to contribute to the growing demand for returnable packaging in the country with a CAGR of 4.6% over the forecast period. The country has been witnessing continuous year-on-year growth in the automotive and electronics industries.
The electronics industry in Mexico is expected to experience a growth rate of 4% over the forecast period as it has been exporting electronic goods to countries such as China, Canada, Germany, and Japan. As of 2022, China alone consumed approximately 44% of Mexico’s electronic parts (exports).
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Our clientele includes a mix of returnable 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 returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico returnable packaging market size, by material, 2018-2030 (US$M)
Mexico Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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