Egypt Flexible Plastic Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 0.35 Million tonnes |
| Market Volume (2029) | 0.46 Million tonnes |
| CAGR (2024 - 2029) | 5.62 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egypt Flexible Plastic Packaging Market Analysis
The Egypt Flexible Plastic Packaging Market size in terms of shipment volume is expected to grow from 0.35 Million tonnes in 2024 to 0.46 Million tonnes by 2029, at a CAGR of 5.62% during the forecast period (2024-2029).
Shipping, transportation, and handling rely on packaging to safeguard products. Egypt's flexible plastic packaging market is poised for growth, driven by a burgeoning food and beverage industry and escalating plastic demand across various industries.
- Given its strategic position bridging Africa and the Middle East, Egypt stands as a key industrial hub. The surge in food packaging has significantly upped the nation's plastic consumption. Frontiers Media reported that Egypt accounts for 0.7% of global plastic consumption, underlining its pivotal role in market expansion.
- Plastics are increasingly integral to daily life in Egypt, especially in its food and beverage industry. The US Department of Agriculture (USDA) highlights that a tourism boom and a diverse culinary palette fuel the need for robust packaging solutions.
- As a dominant pharmaceutical player in the Middle East, Egypt's demand extends to pouches, blister packs, and bags for drug packaging. The African Development Bank Group's data underscores Egypt's pharmaceutical exports, hinting at a promising market trajectory.
- While plastic packaging's environmental impact garners heightened concern, Egypt's inadequate recycling infrastructure is pushing manufacturers to explore alternative materials, posing a challenge to market growth.
Egypt Flexible Plastic Packaging Market Trends
Polyethylene (PE) is Estimated to Have a Significant Market Share
- Polyethylene (PE) finds its primary application in packaging due to its toughness and resistance to abrasion. This polymer is predominantly utilized in the production of zip-lock bags, food containers, stretch films, pallets, and plastic sheeting. Its popularity stems from its durability, which is a key driver of market growth in Egypt.
- Egypt's expanding population is fueling the demand for plastic packaging across various industries, including food, beverages, cosmetics, and pharmaceuticals. This surge in demand is directly translating into market growth. The trend is expected to further elevate the consumption of packaging products, such as bags, pouches, films, and wraps, predominantly crafted from polyethylene (PE) and bi-orientally polypropylene (BOPP). Moreover, as new retail outlets continue to sprout, the requirement for plastic bags is poised to escalate in the near future.
- With a noticeable increase in the demand for cosmetics and personal care items in Egypt, the need for flexible packaging solutions, especially bags and pouches, is on the rise. Cosmetic packaging, often utilizing materials like polyethylene (PE), acts as a shield, safeguarding products from environmental factors like moisture and oxygen.
- Egypt's escalating export of plastic products is bolstering the country's plastic production. As per the International Trade Centre (ITC), Egypt's plastic product exports hit USD 140.37 million in 2023, marking a 6.10% increase over the previous year.
Food Industry Expected to Dominate the Market
- The increasing consumption of bakery products and baked goods is fueling demand in Egypt's food industry. Bread, a dietary staple, has notably heightened the need for plastic bag packaging.
- As highlighted by the United States Department of Agriculture (USDA), Egypt's burgeoning tourism industry saw 14.9 million tourist arrivals in 2023, marking a 33% surge over 2019 (pre-pandemic). This increase in tourism has directly correlated with a heightened appetite for processed and packaged foods, driving the market for stand-up pouches, laminated films, and shrink sleeves, favored for their lightweight and consumer-friendly nature.
- Changing consumer preferences and increasingly hectic lifestyles are spurring a notable rise in Egypt's demand for ready-to-eat food products. These products, featuring robust packaging such as retort pouches, high-barrier laminates, and user-friendly bags made of polyethylene (PE) or polypropylene (PP), are at the forefront of this market growth.
- Furthermore, Egypt's food industry is significantly bolstered by its rising food exports. Data from the Food Export Council (FEC) reveals that Egypt's food exports surged from USD 4.5 billion in the previous year to USD 5.1 billion in 2023, marking a notable 13.33% increase.
Egypt Flexible Plastic Packaging Industry Overview
The Egyptian flexible plastic packaging market features a moderate level of consolidation, with major players like Mondi PLC, Huhtamaki Oyj, and Coveris Flexibles dominating the landscape. These market leaders are solidifying their positions through a mix of strategies, including new product launches and strategic alliances with local partners.
- In April 2024, Coveris Flexibles, a prominent European player with operations in Egypt, made headlines by acquiring Hadepol Flexo, a Poland-based flexible packaging specialist. This strategic move is poised to not only bolster Coveris Flexibles' foothold in Central and Eastern Europe but also enrich its existing product lineup.
Egypt Flexible Plastic Packaging Market Leaders
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Mondi PLC
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Huhtamaki Oyj
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Coveris Flexibles
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International Printing and Packaging Materials Co.
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Sofi Pack
*Disclaimer: Major Players sorted in no particular order
Egypt Flexible Plastic Packaging Market News
- March 2024: SIG, in collaboration with social enterprise Plastic Bank and development partner Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, announced that it was launching a project aimed at transforming Egypt's recycling industry and enhancing safety for waste collectors.
- January 2024: INDEVCO Flexible Packaging, a US-based company, participated in the Cairo-held Egypt International Exhibition Center Expo. The company highlighted its brand, MicroMb, at the expo, focusing on bolstering its regional presence.
Egypt Flexible Plastic Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces' Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Food Industry to Propel Demand for Flexible Plastic Packaging
5.1.2 Growing Pharmaceutical Industry in the Country
5.2 Market Challenge
5.2.1 Environmental Concerns over Plastic Packaging to Hamper Market Growth
6. MARKET SEGMENTATION
6.1 By Material Type
6.1.1 Polyethene (PE)
6.1.2 Bi-oriented Polypropylene (BOPP)
6.1.3 Cast Polypropylene (CPP)
6.1.4 Polyvinyl Chloride (PVC)
6.1.5 Ethylene Vinyl Alcohol (EVOH)
6.1.6 Other Material Types (Polycarbonate, PHA, PLA, Acrylic, and ABS)
6.2 By Product Type
6.2.1 Pouches
6.2.2 Bags
6.2.3 Films and Wraps
6.2.4 Other Product Types (Blister Packs, Liners, etc)
6.3 By End-User Industry
6.3.1 Food
6.3.1.1 Candy & Confectionery
6.3.1.2 Frozen Foods
6.3.1.3 Fresh Produce
6.3.1.4 Dairy Products
6.3.1.5 Dry Foods
6.3.1.6 Meat, Poultry, And Seafood
6.3.1.7 Pet Food
6.3.1.8 Other Food Products (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)
6.3.2 Beverage
6.3.3 Medical and Pharmaceutical
6.3.4 Personal Care and Household Care
6.3.5 Other End user Industries ( Automotive, Chemical, Agriculture)
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Flexi Pack
7.1.2 Coveris Flexibles
7.1.3 Sofi Pack
7.1.4 Huhtamaki Oyj
7.1.5 International Printing and Packaging Materials Co.
7.1.6 Taghleef Industries SpA
7.1.7 Packteck
7.1.8 Rotografia Group
- *List Not Exhaustive
7.2 Heat Map Analysis
8. RECYCLING & SUSTAINABILITY LANDSCAPE
9. FUTURE OUTLOOK
Egypt Flexible Plastic Packaging Industry Segmentation
The study on the Egyptian flexible plastic packaging market tracks demands in terms of revenue for flexible plastic packaging by material and tracks the market size for respective end-user industries. The Egyptian flexible plastic packaging market estimates include all the costs associated with flexible plastic packaging manufacturing, ranging from raw material procurement to end-use industries. The estimates exclude the cost of the content that is or is to be packed inside flexible plastic packaging. The scope of the flexible plastic packaging market is limited to B2B demand. Market numbers have been arrived at using both bottom-up and top-down approaches for segmentation, and volume has also been considered.
The Egypt Flexible Plastic Packaging Market Report is Segmented by Material (Polyethene [PE], Bi-Oriented Polypropylene [BOPP], Cast Polypropylene [CPP], Polyvinyl Chloride [PVC], Ethylene Vinyl Alcohol [EVOH], and Other Material Types [Polycarbonate, PHA, PLA, Acrylic, and ABS]), Product Type (Pouches, Bags, Films and Wraps, and Other Product Types), End-User Industry (Food [Frozen Food, Dry Food, Meat, Poultry, and Sea Food, Candy & Confectionery, Pet Food, Dairy Products, Fresh Produce and Other Food (Seasonings & Spices, Spreadables, Sauces, Condiments, etc.)], Beverage, Medical and Pharmaceutical, Personal Care and Household Care, and Other End User Industry [Automotive, Chemical, Agriculture]).The market sizing and forecasts are provided in terms of volume (tonnes) for all the above segments.
| By Material Type | |
| Polyethene (PE) | |
| Bi-oriented Polypropylene (BOPP) | |
| Cast Polypropylene (CPP) | |
| Polyvinyl Chloride (PVC) | |
| Ethylene Vinyl Alcohol (EVOH) | |
| Other Material Types (Polycarbonate, PHA, PLA, Acrylic, and ABS) |
| By Product Type | |
| Pouches | |
| Bags | |
| Films and Wraps | |
| Other Product Types (Blister Packs, Liners, etc) |
| By End-User Industry | ||||||||||
| ||||||||||
| Beverage | ||||||||||
| Medical and Pharmaceutical | ||||||||||
| Personal Care and Household Care | ||||||||||
| Other End user Industries ( Automotive, Chemical, Agriculture) |
Egypt Flexible Plastic Packaging Market Research FAQs
How big is the Egypt Flexible Plastic Packaging Market?
The Egypt Flexible Plastic Packaging Market size is expected to reach 0.35 million tonnes in 2024 and grow at a CAGR of 5.62% to reach 0.46 million tonnes by 2029.
What is the current Egypt Flexible Plastic Packaging Market size?
In 2024, the Egypt Flexible Plastic Packaging Market size is expected to reach 0.35 million tonnes.
Who are the key players in Egypt Flexible Plastic Packaging Market?
Mondi PLC, Huhtamaki Oyj, Coveris Flexibles, International Printing and Packaging Materials Co. and Sofi Pack are the major companies operating in the Egypt Flexible Plastic Packaging Market.
What years does this Egypt Flexible Plastic Packaging Market cover, and what was the market size in 2023?
In 2023, the Egypt Flexible Plastic Packaging Market size was estimated at 0.33 million tonnes. The report covers the Egypt Flexible Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Flexible Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Flexible Plastic Packaging Industry Report
Statistics for the 2024 Egypt Flexible Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Flexible Plastic Packaging analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
