In fruit packaging, incorporating ventilation and moisture control features is essential for preserving the freshness and quality of the produce. Packaging materials with breathable properties or integrated ventilation systems play a critical role in regulating humidity levels within the packaging. These features facilitate air circulation, preventing the accumulation of moisture that could lead to mold growth or accelerated deterioration of fruits. Adequate ventilation is crucial for moisture-sensitive fruits, ensuring they remain in optimal condition throughout the supply chain.
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Data Bridge Market Research analyses the Mexico Fruit Packaging Market is expected to reach the value of USD 3,932.63 million by the year 2029, which was USD 3,518.677 million in 2021, and is expected to reach up to CAGR of 1.4% during the forecast period of 2022-2029. A rising awareness of environmental issues drives the emphasis on sustainable packaging in the Mexico fruit packaging market. As consumers and businesses prioritize eco-friendly and recyclable options, packaging companies adopting environmentally conscious solutions are poised to meet the growing demand, reflecting a key driver in the market's evolution.
Key Findings of the Study
Increasing technological advancements are expected to drive the market's growth rate
Technological advancements play a pivotal role in the Mexico fruit packaging market as a driver. Ongoing innovations in packaging technologies offer significant opportunities for enhancing shelf life, preserving freshness, and improving the convenience of handling fruits. Companies that invest in research and development to create cutting-edge packaging solutions tailored to these specific needs are poised to gain a competitive edge. These advancements meet consumer demands for quality and convenience and align with the global trend toward sustainable and efficient packaging practices.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Million Units, Pricing in USD
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Segments Covered
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Fruit Type (Banana, Apple, Berries, Grapes, Orange, Tropical Fruits, Pomegranate, and Others), Material Type (Plastic, Paper, Molded Fiber/Pulp, Wood, and Others), Product Type (Rigid Packaging, Flexible Packaging, and Others), Application (Retailing, Transportation, Food Services and Others), Distribution Channel (Direct and Indirect)
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Market Players Covered
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Mondi (U.K.), DS Smith (U.K.), Amcor plc Australia (with global operations), Packaging Corporation of America (U.S.), International Paper (U.S.), Smurfit Kappa (Ireland), Sealed Air (U.S.), Sonoco Products Company (U.S.), WestRock Company (U.S.), Huhtamaki (Finland)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Mexico fruit packaging market is segmented on the basis of fruit type, material type, product type, application and distribution channel.
- On the basis of fruit type, the Mexico fruit packaging market is segmented into banana, apple, berries, grapes, orange, tropical fruits, pomegranate, and others
- On the basis of material type, the Mexico fruit packaging market is segmented into plastic, paper, molded fiber/pulp, wood, and others
- On the basis of product type, the Mexico fruit packaging market is segmented into rigid packaging, flexible packaging, and others
- On the basis of application, the Mexico fruit packaging market is segmented into retailing, transportation, food services, and others
- On the basis of distribution channel, the Mexico fruit packaging market is segmented into direct and indirect
Major Players
Data Bridge Market Research recognizes the following companies as the major Mexico fruit packaging market in Mexico fruit packaging market are Mondi (Austria and U.K.), DS Smith (U.K.), Amcor plc Australia (with global operations), Packaging Corporation of America (U.S.), International Paper (U.S.), Smurfit Kappa (Ireland)
Market Developments
- In March 2022, Amcor plc achieved significant success by receiving three prestigious 2022 Flexible Packaging Achievement Awards. These accolades were garnered across multiple categories; notably, Amcor stood out among a record number of entries. The awards underscored Amcor's prowess in addressing intricate customer challenges, pushing the boundaries of sustainability in the flexible packaging sector, and elevating the overall impact of their contributions to the industry
- In February 2022, UFlex, a major player in the flexible packaging business, launched an innovative product in February 2022. The company introduced perforated 3D bags designed specifically for easy tearing by children. This development featured a standing spout pouch made of BON and a special grade of PE, incorporating a 21mm spout at the top. This design aimed to facilitate spill-free pouring of tea, showcasing UFlex's commitment to creating user-friendly and child-safe packaging solutions
- In January 2022, Amcor made significant strides in the packaging industry by launching AmFiberTM, a cutting-edge platform dedicated to paper-based packaging products. The innovations introduced under AmFiberTM sought to redefine the capabilities of traditional paper packaging, offering a broader range of features and functional benefits. Amcor's goal was to adapt to the evolving needs of consumers by gradually expanding the application of these new paper-based products across various segments
- In March 2021, International Paper announced a strategic move to strengthen its presence by acquiring two state-of-the-art corrugated box plants in Spain. This acquisition bolstered the company's capabilities in Madrid and Catalonia, particularly in providing enhanced packaging solutions for industrial, fresh fruit and vegetable, and e-commerce segments. The move marked International Paper's commitment to expanding its footprint and catering to diverse market needs
- In March 2021, Packaging Corporation of America announced a plan to invest USD 440 million in a three-year project. The initiative aimed to permanently convert a paper machine at its mill in Clarke County to produce linerboard, a key component in corrugated packaging. The project included installing an Old Corrugated Containers (OCC) plant for recycling, along with various modifications to the pulp mill. This substantial investment paved the way for the development of new products, further solidifying the company's position in the packaging industry
For more detailed information about the Mexico fruit packaging market report, click here – https://www.databridgemarketresearch.com/jp/reports/mexico-fruit-packaging-market
