Mexico Stand-Up Pouches Market is estimated to reach $186.43 Million by 2023 at a CAGR of 7%

August 23, 2018 Off By Sebastian Reisig

According to the new market research report by IndustryARC titled “Mexico Stand-Up Pouches Market: By Type (Aseptic, Standard and Retort); By Form (Round Bottom, K-Style, Plow Bottom, Flat Bottom and Others); By Industryl (Food & Beverages and Non-Food) – (2018 – 2023)”, the market is estimated to reach $186.43 Million by 2023 at a CAGR of 7%.

Aseptic stand-up pouch type continues to lead the market share and growth during 2018-2023

In terms of value, Aseptic printed stand-up pouch type is the dominant and fastest growing segment for Mexico stand-up pouch packaging market, owing to the extensive use of plastics in the manufacturing of stand-up pouches. Their key applications are Food & Beverages, non-food items among others. Food & Beverages is further segmented into human food, pet food, and beverages. This is followed by non-food segment that comprise of healthcare, personal & homecare and others. Aseptic Stand-up pouch Market is anticipated to reach $104.26 Million by 2023 with a CAGR of 6.8%.