Market Overview

The Mexican economy has grown rapidly for the past couple of years, making Mexico a great place to do business. The increase in the international shipment of products into this country and the rise in industrial development have caused a significant need for industrial bulk packaging in this country. The reason that this market is so competitive is that there are so many companies in Mexico offering the same types of services. Because of this, it becomes necessary for businesses to do a little bit of research to ensure they get the best package. One way that businesses are finding out which companies offer the best service and quality for their money is to ask to see samples of their work. Companies that have done numerous consultations and have delivered excellent packages with no complaints are often a good place to start.

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Market Dynamics

Launch of new products is expected to propel growth of Mexico industrial bulk packaging market over the forecast period. For instance, in January 2021, Mauser Packaging Solutions launched KORTRAX barrier tight-head container, expanding its portfolio of tight-head containers.

Mexico industrial bulk packaging market is witnessing rise in cost of products. For instance, in August 2021, Greif, Inc. announced to implement a US$ 70 per ton price increase for all grades of uncoated recycled paperboard and an 8.5 percent increase on all tube and core and protective packaging products.

Detailed Segmentation:

Mexico Industrial Bulk Packaging Market, By Product Type:

Drums

IBC

Pails

Jerry Cans

Mexico Industrial Bulk Packaging Market, By Application:

Chemicals & Petrochemicals

Food & Beverages

Pharmaceuticals

Others

Key companies covered as a part of this study include Mauser Group B.V., Greif, Inc., International Paper Company, Hoover Container Solutions, Inc., Menasha Corporation, Cleveland Steel Container Corporation, Composite Containers LLC


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