The Mexico Fruit Packaging Market is expected to grow with a CAGR of 1.4% in the forecast period of 2022 to 2029. The years considered for the study areas are mentioned below.
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The Mexico fruit packaging market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to a favorable market scenario.
The major players dealing in the Mexico fruit packaging market are introducing a wide range of products. This helped companies to maximize sales with an enhanced product portfolio.
- In December 2021, Mondi opened a laboratory certified by the International Safe Transit Association (ISTA) for the manufacturing of corrugated boxes. This has increased the production volume of corrugated boxes and increased the customer base of the company.
- In April 2022, Sealed Air launched a digital packaging brand “prismiq” with a portfolio of solutions for design services, digital printing, and smart packaging. This has in turn helped the company to earn more revenue in the long run.
- In November 2021, Huhtamaki acquired Elif, a major supplier of sustainable flexible packaging to capture global brand owners. This has in turn helped the company to strengthen its distribution channel in various regions.
The development and promotion of new products in the exhibition result in the cooperation between different players in the market.
The players operating in the Mexico fruit packaging market are Mondi, DS Smith, Amcor plc, Packaging Corporation of America, International Paper, Smurfit Kappa, Sealed Air, Sonoco Products Company, WestRock Company and Huhtamaki among others.
International Paper is headquartered in Tennessee; the U.S. as public ownership was founded in 1898. The company produces renewable fiber-based packaging, and pulp and paper products. The company has business segments which are Industrial Packaging and Global Cellulose Fibbers. Out of which our focused category is Industrial Packaging. The company has several product categories which are Cellulose Fibers, Containerboard, Corrugated Packaging, and Recycling Corrugated Packaging is a focused product category.
The company has a wide presence in Europe, North America, Asia-Pacific, South America and the Middle East, and Africa. The company has subsidiaries which are Temple-Inland (Australia); Hammermill Paper Company (U.S.); Emballages Laurent SAS (France); International Paper S.A. (France) among others.
Packaging Corporation of America
Packaging Corporation of America is headquartered in Illinois, U.S. as public ownership it was founded in 1959. The company is engaged in manufacturing packaging, transporting, and displaying products of all kinds. The company has business segments which are Packaging, Paper, Corporate and Other. Out of which our focused category is Packaging. The company has several product categories which are Corrugated Containers, Retail Packaging, and Displays, E-Commerce Packaging Solutions, Heavy-Duty Packaging, Produce Packaging, Stock Packaging, and Supplies, Hexacomb, Falconboard, Interior Packaging, Freight Saver Dunnage Bags, Printing Capabilities, Containerboard under which Produce Packaging is focused product category.
The company has a wide presence in North America and Asia-Pacific. The company has subsidiaries which are PCA International Inc. (U.S.); PCA Corrugated and Display, LLC (U.S.); Central Texas Corrugated, LP (U.S.); Boise Inc. (U.S.) among others.
Amcor plc has headquartered in Zurich; Switzerland as public ownership it was founded in 1860. The company develops and produces responsible packaging for food, beverage, pharmaceutical, medical, home, and personal care, and other industries. The company has business segments which are Flexibles and Rigid Packaging. Both of them are our focused category. The company has several product categories which are Capsules and Closures, Cups and Trays, Equipment, Flexible Packaging, Plastic Bottles and Jars, and Specialty cartons under which Flexible Packaging is a focused product category.
The company has a wide presence in Europe, North America, Asia-Pacific, South America and the Middle East, and Africa. The company has subsidiaries which are Bemis Company (U.S.), KMJ Pty Ltd (Australia); Amcor Sunclipse North America (U.S.); Amcor Rigid Plastics USA, LLC (U.S.), Amcor Wisconsin, LLC (U.S.) among others.