Polypropylene straps by Type held the highest revenue share in Mexico plastic straps market -6Wresearch
Polypropylene straps held the largest revenue and volume size in Mexico plastic straps market, due to their widespread adoption in medium-duty packaging across cotton, paper, FMCG, and corrugated industries, where cost efficiency and high-speed automation are critical. Polypropylene straps are favored for their lightweight, flexible, and economical properties, making them suitable for large-scale consumption in export-ready bundling and distribution logistics. Compared to polyester and nylon, polypropylene straps are applied in a wider range of everyday packaging operations, from consumer goods to industrial supplies, ensuring higher aggregate volumes and market revenues.
According to 6Wresearch, the Mexico Plastic Straps Market is projected to grow at a CAGR of 4.9% in revenue and 3.5% in volume during 2025E–31F. The Mexico plastic straps market expanded between 2021 and 2024, supported by nearshoring trends, manufacturing growth, and a strong rebound in packaging activity. During this period, Mexico’s plastics exports alone reached more, up Y-O-Y. This reflected a broader shift of production closer to North America under the USMCA framework, which reduced tariffs and encouraged cross-border investment.
Mexico’s packaging industry also regained momentum, with packaging and processing machinery demand jumping more in 2022, boosted by remittances and government social programs that lifted household consumption. Further, the food and beverage sector remained the largest consumer of packaging, accounting for half of total machinery demand. At the same time, Mexico’s e-commerce sector surged in 2024, with adults shopping online, reinforcing demand for secure palletization and shipping durability. Together, these developments stimulated higher consumption of polypropylene and polyester strapping for bundling, pallet stabilization, and end-of-line automation across warehouses, 3PLs, FMCG, and export shipments.
According to Bhawna, Assistant Manager at 6Wresearch, the steel segment accounted for the maximum revenue size of Mexico’s plastic straps market revenues, making it the largest end-use segment. This dominance reflects the country’s industrial and export profile, where steel coils, rebar, pipes, and heavy automotive components are major outputs requiring high-tensile, durable strapping for stabilization during domestic movement and cross-border trade.
The Mexico plastic straps market (2025-2031) report provides an in-depth analysis with 16 figures and 5 tables, covered in 69 pages. The report thoroughly covers the market by Type and End-Use. The Mexico plastic straps market outlook report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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