21-22 Oct, 2015 - Mexico City, MEXICO
JW Marriott Mexico City
JW Marriott Mexico City
Mexico's thermoformed packaging industry is modern, competitive and developing fast, according to a recent market report by Plastics News. This is attributed to the country's increasingly strong economic ties with neighbor - the United States.
Mexican thermoformers are also embracing the global sustainability trend with packaging becoming more and more eco-friendly - both biodegradable and recyclable.
According to Steffen Sieber, senior sales mangaer of Brückner Maschinen bau GmbH & COKG, the market for flexible and rigid packaging machinery is growing at a rate of 4-6 percent a year.
Although Mexico City has about 100 thermoformers (as mentioned by Mexico City-based national plastics industry association, Anipac in its company directory), it is said that the market is dominated by five or six companies, especially in the food segment.
Industry analysts predict the Mexican plastics in 2015 to be impacted by several factors including: international oil prices, the U.S. economy, growing consumerism in Mexico as well as the start of production at Braskem Idesa's $4.5 billion Ethylene XXI complex in Veracruzstate.
13th LAPET (Latin America PET Markets, Applications & Recycling) in Mexico City on 21-22 October, 2015 will discuss the Mexican thermoform industry in greater detail.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call + 65 6346 9218 for more details.
