Egypt Plastic Packaging Films Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Egypt Plastic Packaging Films Market Analysis

The Egypt Plastic Packaging Films Market size is estimated at 0.77 Million tonnes in 2024, and is expected to reach 0.91 Million tonnes by 2029, growing at a CAGR of 3.40% during the forecast period (2024-2029).

• Egypt is considered the third-biggest packaging and wrapping market in the Middle East and Africa. The industry is considered one of the major complementary industries for all types of products, including food, pharmaceutical, chemical, tourism, and education, which are involved in the manufacturing process and the final products.
• The Egyptian plastic packaging film market is driven by numerous macroeconomic factors, such as changing lifestyles, rising urban populations, rising economic activity nationwide, and increased online retailer penetration, which are anticipated to propel the market’s growth. Furthermore, the increasing demand from the food, beverage, and pharmaceutical sectors is expected to drive the demand for plastic packaging films.
• In May 2023, a global packaging company announced it had joined Egypt’s ProPak MENA to exhibit its flexible GL BARRIER and a range of eco-friendly packaging solutions across the region.
• Egypt's status as a maritime hub facilitates easier import and export of goods across the Middle East and Africa. This logistical advantage reduces transportation costs and enhances supply chain efficiency for plastic packaging film manufacturers and distributors.
• According to Toppan, Africa is a crucial market for flexible packaging. Egypt is a maritime hub that brings together many people from different countries across the Middle East and Africa. In the context of population expansion, Egypt has a diversified economy and significant consumer markets.
• Price fluctuations in energy, transport, and logistics reverberate through the plastic resin market. The pricing of plastic packaging films, in turn, is intricately linked to the global trade of its raw materials. Geo-political tensions, trade regulations, tariffs, price volatility, and shifting environmental priorities all play pivotal roles in shaping the cost dynamics of these raw materials.

Egypt Plastic Packaging Films Market Trends

Polyethylene Terephthalate (PET) is Expected to Witness Significant Growth

Egypt Plastic Packaging Films Industry Segmentation

Plastic film packaging refers to various thin plastic materials that wrap or protect products. These films are commonly used in the food, beverage, pharmaceutical, and other industries. The report tracks the demand for converted packaging films across major resin and application types. This encompasses a range of materials and uses, reflecting the market's varied requirements and the evolving preferences of consumers and businesses.

The Egyptian plastic packaging films market is segmented by type (polypropylene {biaxially oriented polypropylene [BOPP], cast polypropylene [CPP]} and polyethylene {low-density polyethylene [LDPE] and linear low-density polyethylene [LLDPE]}, polyethylene terephthalate {biaxially oriented polyethylene terephthalate [BOPET]}, polystyrene, bio-based, and PVC, EVOH, PETG, and other film types), end-user industry (food {candy and confectionery, frozen foods, fresh produce, dairy products, dry foods, meat, poultry, and seafood, pet food, and other food products [seasonings and spices, spreadable, sauces, condiments, etc.]}, beverage, healthcare, personal care and home care, industrial packaging, other end-user industries). The market sizes and forecasts are provided in terms of volume (tonnes) for all the above segments.