Egypt Paperboard Packaging Market Size (2024 - 2029)

Egypt Paperboard Packaging Market Analysis

The Egypt Paperboard Packaging Market size is estimated at USD 2.32 billion in 2024, and is expected to reach USD 2.86 billion by 2029, growing at a CAGR of 4.22% during the forecast period (2024-2029).

• The paperboard packaging market in Egypt is experiencing robust growth, driven by several key factors. The food industry is increasingly adopting paper-based packaging solutions in response to consumer demand for sustainable and eco-friendly options. Furthermore, the rapid expansion of the e-commerce industry among the Egyptian population significantly contributes to the market's upward trajectory as online retailers seek efficient and recyclable packaging solutions to meet growing logistical needs.
• The ongoing expansion of e-commerce platforms and efforts to enhance e-commerce delivery services are likely to boost consumer interest in buying online, thereby boosting demand for paperboard packaging necessary for the delivery of online orders. For instance, in October 2023, two companies affiliated with Egypt Post, Post for Investment and Post Distribution Company, signed a contract to invest in the Roaderz platform, a crowdsourcing platform that connects delivery service providers with e-commerce and retail service providers, with a shareholding of 40%.
• Egypt's recent initiative, funded by the European Union and led by the Ministry of Environment, aims to reduce the country's heavy reliance on plastic packaging. This effort aligns with the global movement to decrease plastic usage due to its harmful effects. Consequently, this creates new opportunities for paperboard packaging products in the market.
• In addition, the European Bank for Reconstruction and Development (EBRD) is actively enhancing economic growth and fostering open, sustainable market economies in the southern and eastern Mediterranean, known as SEMED. EBRD's increasing investments are set to strengthen Egypt's paperboard packaging market ecosystem over the coming years. However, the fluctuating raw material prices, competition from plastic-based packaging, and the importation of paper pulp from neighboring countries are challenging market growth in the country.
• According to JLL's Cairo Real Estate Market Performance report, the COVID-19 pandemic has significantly transformed the e-commerce landscape in Cairo and across Egypt. The closure of malls during the pandemic altered Egypt's logistics landscape. As consumers increasingly favor online shopping, the e-commerce industry has been striving to meet the growing demand.
• Egypt has experienced significant growth in paperboard packaging products, driven by consumer stockpiling during the COVID-19 pandemic. Additionally, a larger portion of the Egyptian population's income has been directed toward food spending, leading to an anticipated increase in consumption. The pandemic's self-isolation measures also reduced spending in other areas.

Egypt Paperboard Packaging Market Analysis

Paperboard packaging refers to packaging materials made from thick paper. It is versatile, recyclable, and can be printed upon, making it suitable for a wide range of products in the food, beverage, cosmetics, pharmaceutical, electronics, and other manufacturing industries for the purpose of strength, aesthetics, and sustainability. 

The Egyptian paperboard packaging market is segmented by product type (corrugated and solid fiber boxes, folding cartons, and other product types) and end-user industry (food, beverage, healthcare and pharmaceutical, household and personal care, and other end-user industries). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.