Market Share of Africa Packaging Industry
The Africa Packaging Market is moderately competitive. The players in the market are continuously focusing on expanding their customer base across the countries of Africa and leveraging strategic collaborative initiatives to increase their market share and increase their profitability. Some of the key developments in the market are:
In July 2022, Ardagh Glass Packaging Africa announced the commissioning of a ZAR 1.5 billion (USD 95 million) extension of its Nigel production facility in Gauteng, South Africa. The investment doubled the facility's capacity to provide sustainable glass packaging to support the company's customers' current and projected demand growth and incorporates a new furnace and production lines.
In March 2022, Elopak ASA completed the acquisition of Naturepak Beverage, a leading gable top fresh liquid carton and packaging systems supplier in the MENA region, from Naturepak Limited, a wholly owned subsidiary of Gulf Industrial Group, and Evergreen Packaging International LLC, a wholly owned subsidiary of Pactiv Evergreen Inc.
Africa Packaging Market Leaders
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Astrapak Ltd (RPC Group)
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Nampak Limited
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Mondi Group
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Mpact Pty Ltd
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Foster Packaging
*Disclaimer: Major Players sorted in no particular order
