Mexico City — Pounding the aisles of Plastimagen México 2023 in the second week of November, it was hard to ignore the generally positive vibes emanating from many of the exhibiting companies' booths.
"It's the same as Plastimagen 2019," said Raúl Mendoza, managing director of trade association Anipac (Asociación Nacional de Industrias del Plástico A.C.), referring to the 870 participating companies' stands and the crowds thronging a large number of them. The 300-member association had a pavilion at the show.
Occupying 430,000 square feet, the four-day expo at the Centro Citibanamex in the north of Mexico City was quiet on the first two days but attendance picked up considerably on the third and fourth days.
José Navarro Meneses, managing director of Tarsus México, which owns and organizes the event, said the attendance was 27,818 and that 67 percent of the space for the 2025 edition had already been sold. He and the Tarsus Group's head office in London "are very happy with the outcome," he added.
It seems likely that Tarsus's name will disappear from the credits going forward. Informa plc, a British publishing, business intelligence and exhibitions group listed on the London Stock Exchange, acquired it in a $940 million deal, which was announced in May. Navarro will remain with Tarsus's new owners, he said.
"This [show] demonstrates the strength of the [Mexican plastics] industry," Anipac's Mendoza remarked on day three, adding that he expects the industry to grow by 5 percent in 2023. Growth was between 3-4 percent in 2022, he said.
It's a far cry from the dark days of March, 2021, when Anipac President Aldimir Torres declared in a news conference that the industry in Mexico had shrunk 9 percent in 2020 and was in crisis mode.
Torres, who remains in the post, said at the time that economic, social and health crises had impacted the industry dramatically. COVID-19 "has changed our lives," he said.
Mendoza cited automotive, electrical appliances, packaging and nearshoring as being among the sectors driving the industry's resurgence. Plastics account for 3 percent of Mexico's manufacturing GDP, he said. A growing trend for electric and hybrid injection molding machines had also been apparent at Plastimagen.