The market is dominated by domestic suppliers, as imports account for 30.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 88.6% of total demand in 2022. Mexico has the second largest market size for glass and glass products regionally, with demand reaching USD6.8 billion in 2022. Osram SA de CV is the largest company in Mexico, generating 3.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 8.3% of total production value in 2022. The total number of companies increases in 2022, to 16,968 units. The costs of the industry increase by 22.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 38.7% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 34.9% of total production output. With production value of USD6.3 billion, Mexico accounts for 37.4% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Glass and Glass Products in Mexico: ISIC 261. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Glass and Glass Products in Mexico: ISIC 261 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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