Mexico Thermoform Packaging Market Size & Outlook

The thermoform packaging market in Mexico is expected to reach a projected revenue of US$ 2,184.7 million by 2033. A compound annual growth rate of 5% is expected of Mexico thermoform packaging market from 2026 to 2033.
Revenue, 2025 (US$M)
$1,477.7
Forecast, 2033 (US$M)
$2,184.7
CAGR, 2026 - 2033
5%
Report Coverage
Mexico

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Mexico thermoform packaging market, 2021-2033 (US$M)

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Mexico thermoform packaging market highlights

  • The Mexico thermoform packaging market generated a revenue of USD 1,477.7 million in 2025 and is expected to reach USD 2,184.7 million by 2033.
  • The Mexico market is expected to grow at a CAGR of 5% from 2026 to 2033.
  • In terms of segment, pet was the largest revenue generating material in 2025.
  • PE is the most lucrative material segment registering the fastest growth during the forecast period.


Thermoform packaging market data book summary

Market revenue in 2025USD 1,477.7 million
Market revenue in 2033USD 2,184.7 million
Growth rate5% (CAGR from 2026 to 2033)
Largest segmentPet
Fastest growing segmentPE
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPET, PVC, PS, PP, PE
Key market players worldwideAmcor PLC, Sonoco Products Co, PLACON, Display Pack Inc, Pactiv Evergreen Inc Ordinary Shares, Dart Container Corporation, Constantia Flexibles, D&W Fine Pack, Lacerta Group, RPC Group, Silgan Holdings Inc, Sinclair & Rush, Rompa Group


Other key industry trends

  • In terms of revenue, Mexico accounted for 2.7% of the global thermoform packaging market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. thermoform packaging market is projected to lead the regional market in terms of revenue in 2033.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 2,184.7 million by 2033.

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Thermoform Packaging Market Companies

Name Profile # Employees HQ Website
Rompa Group View profile 501-1000 Boxtel, Noord-Brabant, The Netherlands, Europe https://www.rompagroup.com/
Sinclair & Rush View profile 251-500 Arnold, Missouri, United States, North America http://sinclair-rush.com
RPC Group View profile 10001+ Rushden, Northamptonshire, United Kingdom, Europe http://www.rpc-group.com
Lacerta Group View profile 11-50 Mansfield, Massachusetts, United States, North America http://lacerta.com/
D&W Fine Pack View profile 1001-5000 Wood Dale, Illinois, United States, North America https://www.dwfinepack.com
Display Pack Inc View profile 251-500 Cedar Springs, Michigan, United States, North America http://displaypack.com
Dart Container Corporation View profile 10001+ Mason, Ohio, United States, North America https://www.dartcontainer.com
Constantia Flexibles View profile 5001-10000 Vienna, Wien, Austria, Europe http://www.cflex.com
Silgan Holdings Inc View profile 14400 4 Landmark Square, Suite 400, Stamford, CT, United States, 06901 https://www.silganholdings.com
Amcor PLC View profile 41000 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP https://www.amcor.com
PLACON View profile 251-500 Madison, Wisconsin, United States, North America https://medical.placon.com
Pactiv Evergreen Inc Ordinary Shares View profile 15000 1900 West Field Court, Lake Forest, IL, United States, 60045 https://www.pactivevergreen.com
Sonoco Products Co View profile 23000 1 N. Second Street, Hartsville, SC, United States, 29550 http://www.sonoco.com

Mexico thermoform 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 thermoform packaging market will help companies and investors design strategic landscapes.


Pet was the largest segment with a revenue share of 45.74% in 2025. Horizon Databook has segmented the Mexico thermoform packaging market based on pet, pvc, ps, pp, pe covering the revenue growth of each sub-segment from 2021 to 2033.


Expanding penetration of organized retail across the country and growing preference for e-commerce are likely to majorly contribute to the growth of plastic packaging market in the country. 

However, in January 2020, Mexico City banned the use of single-use plastic bags to curb plastic waste. Such plastic bans are anticipated to become more prevalent in other parts of the country in the coming years.

Which, in turn, is expected to hinder the market growth. Since the past few years, Mexico has been a hub for many manufacturing companies belonging to various end-use industries due to advantages such as no tariff on trade.

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Target buyers of Mexico thermoform packaging market databook

  • Our clientele includes a mix of thermoform packaging market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 thermoform packaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico thermoform packaging market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Mexico thermoform packaging market size, by material, 2021-2033 (US$M)

Mexico Thermoform Packaging Market Outlook Share, 2025 & 2033 (US$M)

Mexico thermoform packaging market size, by material, 2021-2033 (US$M)

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