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Monday, February 6, 2023

Mexico Fruit Packaging Market is Expected to Reach at a CAGR of 1.4% by the year 2029

 The mexico fruit packaging market is expected to reach the value of USD 3,932.63 million by the year 2029, at a CAGR of 1.4% during the forecast period. Banana accounts for the most prominent fruit type segment in the respective market owing to rising e-commerce, courier, and fruit delivery services. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Fruit and vegetable packaging is a farm practice that involves taking fresh crops from the field to the customer. Since all fruits and vegetables are perishable crops, choosing the right packaging for fruits and vegetables is crucial for farmers to survive in the market. The main function of packaging is to maintain fruits and vegetables in order maintain their quality and extend their storage life

Bags, containers, and boxes made up of wood, plastic, and paper among others are the predominant material for fruit and vegetable consumer packaging. Besides the very low material costs, automated bagging machines further reduce packing costs. Film bags are clear, allowing for easy inspection of the contents, and readily accept high-quality graphics.

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Regulatory Framework

  • According to the Fair Packaging and Labeling Act of FDA, Food Labeling web pages address the labeling requirements for foods under the Federal Food, Drug, and Cosmetic Act and its amendments. Food labeling is required for most prepared and raw food items including fruits and vegetables. This act issued regulations requiring that all “consumer commodities” be labeled to disclose net contents, the identity of the commodity, and the name and place of business of the products
  • According to FDA (The Food and Drug Administration), every container in which any fruit product is packed shall be so sealed that it cannot be opened without destroying the licensing number and the special identification mark of the manufacturer to be displayed on the top or neck of the bottle. For canned fruits, sanitary top cans made up of suitable kinds of tin plates shall be used, whereas, for bottled fruits, only bottles/ jars capable of giving a hermetic seal shall be used. 

COVID-19 had a Minimal Impact on Mexico’s Fruit Packaging Market

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, a significant impact was noticed on the fruit packaging market. The operations and supply chain of fruit packaging, with multiple manufacturing facilities, were still operating in the region. The service providers continued offering fruit packaging following sanitation and safety measures in the post-COVID scenario.

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Drivers/Opportunities faced by the Mexico Fruit Packaging Market Industry

  • Growing demand for convenient and flexible packaging

Flexible packaging’s features make life more convenient. It is easy to store, easy to reseal, easy to open, extends product life, and is easy to carry. The rise in disposable income and improving standards of living among consumers in developing countries are factors contributing significantly to the rising demand for packaged foods including fruits, and this is further driving the demand for packaging solutions and materials that are more convenient to use. In conclusion, growing demand from the major retailers for extended shelf life, and from consumers for convenience products, are also driving the demand of flexible packaging and thus contributing to the growth of the Mexico fruit packaging market

  • Rising e-commerce, courier, and fruit delivery services

E-commerce has transformed the way of business around the world. Much of the growth for the industry has been triggered by an increase in internet and smartphone penetration. Also, advancements in technology and the growth of available marketplaces have made it easier to buy and sell goods through online portals. The Merchants and the delivery services continue to follow consumer demand in online platforms, flocking to e-commerce in record numbers.

Positive outlook towards advanced and smart packaging solutions

The aim of smart packaging technology is to sustain product quality and prolong shelf life. Active packaging responds to a triggering event (such as exposure to ultraviolet light or a decrease in pressure) by releasing or absorbing substances from or into the packaged product or its surrounding environment. Typically, this involves different components, such as moisture or gas scavengers or antimicrobial films, being embedded into the packaging itself.

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Mexico Fruit Packaging Market Scope

Fruit Type

  • Banana
  • Apple
  • Berries
  • Pomegranate
  • Others

Material Type

  • Wood
  • Molded Fiber / Pulp
  • Plastic
  • Others

Product Type

  • Flexible Packaging
  • Rigid Packaging
  • Others

Application

  • Transportation
  • Retailing
  • Food Services
  • Others

Distribution Channel

  • Direct
  • Indirect

Competitive Landscape and Mexico Fruit Packaging Market Share Analysis

The players operating in the Mexico fruit packaging market are:

Mondi, DS Smith, Amcor plc, Packaging Corporation of America, International Paper, Smurfit Kappa, Sealed Air, Sonoco Products Company, WestRock Company and Huhtamaki among others.

About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market                                                                                                                                                                

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818  
Email: Sopan.gedam@databridgemarketresearch.com

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