Demand for packaging grows in the Mexican pharmaceutical industry

The latest data from Mexico’s Pharmaceutical Industry Chamber (CANIFARMA) reveals that the growth of the Mexican pharmaceutical market rivals that of any Latin American country.

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The Mexican pharmaceutical market grew 6.5 percent annually over the past five years, reaching a sales value of 13 billion USD according to CANIFARMA. This growth into the second largest pharmaceutical market in Latin America fuels the need for technology, products and services for packaging and pharmaceuticals processing.

In addition to meeting the needs of the Mexican market, ProMéxico reports that exports in 2013 reached 1.7 billion USD, making Mexico the largest pharmaceutical exporter in Latin America.

Thousands of buyers hoping to keep pace with this maturing pharmaceutical industry will be in attendance at EXPO PACK México 2015 (June 16–19, Centro Banamex, Mexico City). Show producer, PMMI, The Association for Packaging and Processing Technologies, is expecting over 26,000 attendees to visit the four-day show.