Mexico Stretch And Shrink Films Market Size & Outlook

The stretch and shrink films market in Mexico is expected to reach a projected revenue of US$ 443.4 million by 2030. A compound annual growth rate of 3.8% is expected of Mexico stretch and shrink films market from 2024 to 2030.
Revenue, 2023 (US$M)
$342.4
Forecast, 2030 (US$M)
$443.4
CAGR, 2024 - 2030
3.8%
Report Coverage
Mexico

Mexico stretch and shrink films market highlights

  • The Mexico stretch and shrink films market generated a revenue of USD 342.4 million in 2023 and is expected to reach USD 443.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
  • In terms of segment, ldpe was the largest revenue generating resin in 2023.
  • LDPE is the most lucrative resin segment registering the fastest growth during the forecast period.


Stretch and shrink films market data book summary

Market revenue in 2023USD 342.4 million
Market revenue in 2030USD 443.4 million
Growth rate3.8% (CAGR from 2023 to 2030)
Largest segmentLdpe
Fastest growing segmentLDPE
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLDPE, LLDPE, PVC
Key market players worldwideBerry Global Group Inc, Amcor PLC, Bank of America Corp, Bollore SE, American Eagle Outfitters Inc, Coveris, AG Barr PLC


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.9% of the global stretch and shrink films market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. stretch and shrink films market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 4,042.0 million by 2030.

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Stretch And Shrink Films Market Companies

Name Profile # Employees HQ Website

Mexico stretch and shrink films 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 stretch and shrink films market will help companies and investors design strategic landscapes.


Ldpe was the largest segment with a revenue share of 32.39% in 2023. Horizon Databook has segmented the Mexico stretch and shrink films market based on ldpe, lldpe, pvc covering the revenue growth of each sub-segment from 2018 to 2030.


Mexico represents a strong opportunity for U.S. exporters of plastic resins and products. According to the International Trade Administration (ITA), the country is counted among the top 5 export destinations of U.S. plastic resin exports in 2021, As per the data provided by the International Trade Administration, Mexico’s plastic production has grown steadily at a CAGR of 3.7% annually since 2017. 

Despite inflation, global slowdown, and an overall slow recovery of the Mexican economy in 2022, Mexico’s plastic industry is seen to perform well. The factors contributing to this growth are the new orders received from the U.S. and Canada based on USMCA along with opportunities due to U.S. participation in selling plastic resins, molds, plastic parts, and capital equipment.

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico stretch and shrink films market , including forecasts for subscribers. This country databook contains high-level insights into Mexico stretch and shrink films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico stretch and shrink films market outlook size, by resin, 2018-2030 (US$M)

Mexico Stretch And Shrink Films Market Outlook Share, 2023 & 2030 (US$M)

Mexico stretch and shrink films market outlook size, by resin, 2018-2030 (US$M)

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