Morocco Flexible Packaging Market Size (2024 - 2029)

Morocco Flexible Packaging Market Analysis

The Morocco Flexible Packaging Market size is estimated at USD 1.92 billion in 2024, and is expected to reach USD 2.35 billion by 2029, growing at a CAGR of 4.17% during the forecast period (2024-2029).

The flexible packaging market is driven by factors such as the increasing demand for convenient and lightweight packaging solutions, rising consumer awareness about sustainability, and advancements in packaging technology for improved shelf life and product protection.

• The booming consumer market in Morocco is driven by the growing economy, rising investments, and increasing domestic consumption. According to data from the Organisation for Economic Co-operation and Development (OECD), Morocco's GDP is expected to grow to 3.5% in 2024 and 4.0% by 2025, likely supported by increased foreign demand for Moroccan goods and services.
• Flexible packaging requires less material than rigid packaging, increasing companies' customization options. It also allows high-impact graphics on the product that ensure 360-degree branding, driving the market growth. Companies in Morocco aim to provide safe, affordable, and sustainable flexible packaging solutions.
• Major technological trends are emerging in flexible packaging with the growing e-commerce demand for convenient packaging in Morocco. According to the International Trade Administration, E-commerce is expected to grow in Morocco with the digital transformation and the rising internet penetration rate in the forecast period.
• The growth of the region's food ingredients and food industry is driven by the expansion of the food and beverage industry, increasing consumption of dairy and frozen dairy products, and increasing focus on demand for processed and packaged foods. The growing demand for single-serving and on-the-go food and beverage options is expected to drive the demand for flexible packaging in Morocco's food and beverage industry.
• Various companies in Morocco need to be better equipped to recycle plastic, especially non-biodegradable post-consumer plastics, which are mainly generated by the packaging industry and can hamper market growth. Morocco's government aims to develop action plans to reduce the amount of plastic pollution that enters the oceans and landfills. The government seeks to reduce plastic consumption in the country, which can hamper the demand for plastic packaging in the market.

Morocco Flexible Packaging Industry Segmentation

The growing popularity of economical and adaptable ways of using materials for packaging drives market growth. Also, the availability of a wide variety of flexible packaging options, including pouches, films, wraps, and sachets produced from flexible raw materials, boosts the market growth. The report tracks the key market parameters, underlying growth influencers, and major vendors operating in the market, supporting market estimations and growth rates over the forecast period. The report further analyzes the overall impact of the geo-political scenarios on the market.

The Moroccan flexible packaging market is segmented by material type (paper, plastic, and aluminum foil), product type (pouches, bags, films & wraps, and other product types), and end-user industry (food, beverages, household & personal care, and other end-user industries). The report offers market forecasts and sizes in terms of value (USD) for all the above segments.