Market Share of Africa Flexible Packaging Industry
The Africa Flexible Packaging Market is moderately fragmented, with significant players such as Hana Packaging Limited, PrimePak Industries Nigeria Ltd, Constantia Afripack Flexibles Ltd, and Huhtamaki Group occupying most of the market share. The regional companies are forming multiple partnerships and mergers to increase their market share.
Jan 2022 - Huhtamaki has fully owned its joint venture company Huhtamaki Smith Anderson from Smith Anderson Group Ltd. (SA). The company majorly deals in the manufacturing and selling of food service paper bags. Paper bags have become an essential part of Huhtamaki's product offerings, and the acquisition enables the company to grow its business further. The purchase took place for approximately EUR 2 million.
Sep 2021 - Huhtamaki has acquired Elif for USD 483 Million, a major sustainable, flexible packaging company, to global brand owners, whose products are already nearly all recyclable. This acquisition will help Huhtamaki increase its manufacturing capabilities and capacity.
Africa Flexible Packaging Market Leaders
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Hana Packaging Limited
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PrimePak Industries Nigeria Ltd
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Constantia Afripack Flexibles Ltd
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Huhtamaki Group
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Aristocrat Industries Ltd
*Disclaimer: Major Players sorted in no particular order
