Shaped by Innovation, Mexico’s Plastic Manufacturing Industry Presents Opportunity
With an annual production value of more than USD $20 billion, Mexico’s plastic manufacturing sector clearly has a strong foothold in the country’s industrial landscape. Despite the scrutiny plastic products have recently faced in the food and appliance packaging arenas, the plastics manufacturing industry has demonstrated its resilience against market disruptions. In 2020, plastic packaging production grew 15%, driven by demand for cleaning products, food and beverages, and medicine.
Across product and industry categories, plastic manufacturers that take the opportunity to leverage Mexico’s advantages can gain a competitive edge. In light of how plastics are now viewed and consumed, the market for innovative plastic solutions has only grown. Plastic materials are an integral part of automotive components, medical devices, and aerospace parts. Mexico’s strengths in these related sectors open the door to increased business for plastic manufacturers as the need for strong supply chain vendors increases. For example, few Tier 2 suppliers to the automotive industry – such as molders and mold-makers – have moved to Mexico to fill in supply chain gaps. However, those suppliers that have made a move to locate near one of Mexico's OEMs have seen considerable growth.
Mexico’s Plastic Manufacturing Industry By The Numbers
in plastics and resins is produced in Mexico
According to Mexico’s National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía or INEGI), Mexico is estimated to produce USD $20.4 billion in plastics and resins in 2020 with exports of nearly $12 billion.
plastics companies have established operations in Mexico
Over 4,000 plastics companies have operations in Mexico, with presences in Coahuila, Sonora, Jalisco, Nuevo León, Puebla, Querétaro, Guanajuato, San Luis Potosí, and Mexico City.
of plastic resins produced in Mexico are PET, PVC, or HDPE
Primary plastics PET, PVC, and HDPE make up nearly half of Mexico’s total plastic resins production. A large variety of secondary and tertiary plastic materials, including PP film, PVC pipe and fittings, laminates, and acrylic materials, are also produced.
Launch Confidently with Tetakawi’s Plastics Advantage
Whether you’re thinking about manufacturing in Mexico or you’re already there, Tetakawi can help your company launch, operate, and thrive in the country’s plastic manufacturing industry. With over 34 years of experience in the Mexican manufacturing landscape, we’re experienced in helping plastic manufacturers set up their own maquiladoras in Mexico. Our services are built on strategy, driven by experience, and tailored to meet your operation’s unique needs. Though we’re the largest shelter services provider in Mexico, our hands-on approach means that you can rely on a trusted partner to guide you every step of the way. We can help you:
- Select the right site for your plastic manufacturing business
- Configure legal, organizational, and support structures
- Recruit, train, and retain your employees
- Manage all admin functions from finance and accounting to labor and customs
- Keep things running smoothly from initial launch through ongoing operation
- and so much more – we do the heavy administrative lifting so that your team can focus on your competitive advantage: manufacturing excellence.
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