Mexico’s Growing Packaging Industry
With a population of 120 million, political and financial stability, 12 trade agreements with 44 countries, and the North American Free Trade Agreement in renegotiation – Mexico’s economy is slated for more strong growth in 2019. Mexico is a big consumer of packaging materials and technology, particularly in the food and beverage industry, followed by the pharmaceutical and personal care sectors. The popularity of carbonated drinks and alcoholic beverages, as well as the eating habits and personal care of the Mexican population, generate a high demand for packaging and packaging machines. In