Boston, MA -- (SBWire) -- 08/13/2014 --Following some years of weak and even negative growth for glass pack types in carbonates and in soft drinks in general, due to the economic crisis and the high costs of this material, which in turn impacted its demand, the outlook is now for a sustained improvement. Glass pack types in carbonates grew by 1% in 2012 and are expected to post further growth over the forecast period with a fractionally positive CAGR in unit volume terms. The better prospects for glass are due to retro trends supported by Mexican consumers, who have responded positively to the launch of individual and family pack sizes of iconic products, such as Coca-Cola.
The launches revolved around the nostalgia of the glass pack type and reminisce on the good old times when returnable glass bottles were taken to the closest groceries store to be exchanged for a chilled full bottle. Mexican families have proved how much they love this ritual by embracing it again instantly.
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Industry Prospects:
In spite of all efforts made by manufacturers to boost the use of other pack types, rigid plastic, and PET bottles in particular, will continue to rule in soft drinks over the next few years. Low production costs together with the lightness of the material itself and its greater recycling capabilities will make it the undisputed leader in bottled water, carbonates, RTD tea and sports and energy drinks. Moreover, large investments, such as that announced in mid-2012 by Coca-Cola and some other companies to build a PETSTAR recycling plant in Estado de Mexico, are clear signals towards the development and more intensive use of the PET pack type in the industry.
Overview:
Discover the latest market trends and uncover sources of future market growth for the Soft Drinks Packaging industry in Mexico with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Soft Drinks Packaging industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.
The Soft Drinks Packaging in Mexico market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes in units and filled volumes
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the total unit volume of soft drinks packaging in Mexico?
- What are the major soft drinks pack types in Mexico?
- How is the market for returnable glass and PET bottles developing in Mexico?
- Are larger bulk sizes performing well in response to the recession?
- What are the most dynamic pack types within soft drinks?
Reasons to Get this Report:
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
Product coverage: Asian Speciality Drinks, Bottled Water, Carbonates, Concentrates, Fruit/Vegetable Juice, RTD Coffee, RTD Tea, Sports and Energy Drinks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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