Mexico Plastic Recycling Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

Mexico Plastic Recycling Market is Expected to Witness Healthy Growth Rate of CAGR More Than 5 % During the Forecast Period.

Mexico plastic recycling market stood at 4.04 Million Tonnes in 2020 and is forecast to reach 6.57 Million Tonnes by 2030, growing at a healthy CAGR of 5.23% until 2030. Owning to the fact that Mexico is a major consumer of food and beverage products, there is a growing need for recycling Polyethylene Terephthalate (PET), widely used to make beverage bottles and food containers. This is likely to increase the demand for the plastic recycling market in the region. Major beverages companies such as Coca-Cola have collaborated with Ecology and Corporate Commitment (ECOCE) to secure domestic supply for PET in Mexico via recycling. Mexico is one of the leading countries with a higher recycling rate of PET resin for packaging in the world, which is anticipated to increase during the forecast period as the demand for packaging in the food and beverage industry is increasing. Several initiatives launched in Mexico to curtail the use of plastics along with ease in government policies in recycling facilities have encouraged many industries to adopt green and sustainable solutions, which is further anticipated to increase the demand for the plastic recycling market in Mexico.

The outbreak of COVID-19 in 2020 disrupted the regional economy with repeated lockdowns and shutting of factors, which affected the plastic recycling market growth drastically. While plastic consumption skyrocketed during 2020 due to its diverse application in healthcare, pharmaceutical, food & beverages, etc., inappropriate disposal of plastic waste due to lack of labor force affected the Mexico Plastic Recycling market negatively.

Under this subscription, you would be able to access Mexico Plastic Recycling market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Plastic Recycling.

Years Considered for Analysis:

• Historical Years: 2015 - 2019
• Base Year: 2020
• Estimated Year: 2021
• Forecast Period: 2022 - 2030

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Deliverables

• Installed Capacity By Company-Installed capacity within the country along with the individual capacity of leading players
• Installed Capacity By Location-Installed capacity at several locations across the country
• Production By Company-Actual production done by different companies
• Operating Efficiency By Company-Operating efficiency at which different companies are operating their plants
• Demand By End Use-Demand/Sale of Plastic Recycling in different end-user industries across the country
• Demand By Sales-Channel Demand/Sale of Plastic Recycling by different sales channels across the country
• Demand By Region-Demand/Sale of Plastic Recycling in different regions of the country
• Country Wise Exports-Exports of Plastic Recycling by Different Countries
• Country Wise Imports-Imports of Plastic Recycling by Different Countries
• Demand & Supply Gap-Demand & Supply Gap at country level
• Market Share of Leading Players-Revenue shares of leading players in the country
• News & Deals-Historical & Current News & Deals in the Plastic Recycling market

To extract data for the Mexico Plastic Recycling market, the analyst conducts primary research surveys with Plastic Recycling manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.