B2B drives market demand, with B2B spending representing 89.7% of total demand in 2020. Tecnosol SA de CV is the largest company in Mexico, generating 5.4% of the industry’s total turnover in 2020. The industry is fragmented, with the top three companies generating 10.2% of total turnover in 2020. The total number of companies increases in 2020, to 3,935 units. The costs of the industry decrease by 15.2% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 32.0% of turnover in 2020, the highest in the region. With turnover of USD560 million, Mexico accounts for 24.9% of the Latin America total in 2020.
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This Euromonitor industrial report provides unique information on Packaging Services in Mexico: ISIC 7495. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Packaging Services in Mexico: ISIC 7495 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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