In Mexico, demand for pallet stretch wrap machines is steadily rising, anchored by a broader acceleration in packaging machinery investments. The nation’s packaging machinery market was valued at approximately USD 858 million in 2024 and is projected to expand at a compound annual growth rate of 4.1% to reach roughly USD 1.23 billion by 2033 This sets a supportive backdrop for stretch wrap technology adoption as businesses modernize operations to serve burgeoning e‑commerce and export sectors.One of the strongest growth drivers in Mexico is the expansion of e‑commerce, which generated roughly USD 47.5 billion in 2024 and is expected to grow at over 14% CAGR through 2033 To manage high SKUs, accelerated fulfillment cycles, and improved order accuracy, retailers and logistics operators are deploying automated convey‐integrated stretch wrappers with rapid format changeovers. The food, beverage, agribusiness, and pharmaceutical industries major packaging end‑users in Mexico are likewise upgrading to stretch wrap machines to boost throughput and traceability, supporting broader automation and sustainability goals
TABLE - Mexico Pallet Stretch Wrap Machines Market Size & Forecast By Machine Type 2021-2033
Machine Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Automatic Pallet Stretch Wrap Machines | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Semi-Automatic Machines | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Manual Stretch Wrapping Equipment | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Mexico Pallet Stretch Wrap Machines Market Size & Forecast By End-Use Industry 2021-2033
End-Use Industry | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Logistics & Warehousing | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Food & Beverage | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Pharmaceuticals | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Consumer Goods | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others (Textile, Automotive, Electronics) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis