In Pt. 2 of Exploring Mexico's Packaging Machinery Market Growth, we welcome back expert Luis Domenech to explore the intriguing correlation between politics and packaging investments in Mexico. He discusses historical drops in packaging machinery demand during election years due to uncertainty. Luis delves into Mexico's transition to democracy and how ideology shifts have affected investment patterns and assess whether history will repeat itself with the upcoming election.
Luis explains Mexico's adoption of AI, with a focus on predictive maintenance and traceability in larger companies. Listen in to hear Luis' two key tips for packaging machinery manufacturers looking to succeed in Mexico: understanding market trends and establishing local presence.