The market is dominated by foreign suppliers, as imports account for 51.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 90.8% of total demand in 2023. Mexico has the largest market size for plastic products regionally, with demand reaching USD64.2 billion in 2023. Plasticos del Desierto SA de CV is the largest company in Mexico, generating 21.2% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 60.3% of total production value in 2023. The total number of companies increases in 2023, to 58,060 units. The costs of the industry increase by 12.4% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 27.9% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 29.7% of total production output. With production value of USD18.6 billion, Mexico accounts for 21.4% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Plastic Products in Mexico: ISIC 252. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic Products in Mexico: ISIC 252 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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