Egypt Metal Packaging Market Size (2024 - 2029)

Egypt Metal Packaging Market Analysis

The Egyptian Metal Packaging Market is expected to grow at a CAGR of 3.1% over the forecast period. Owing to the growing urban population and changing consumer preferences, food has become a major event and an essential daily necessity for Egyptian citizens. As a result, metal packaging products are gaining rising demand in the Egyptian market.

• Metal packaging products such as aluminum cans and containers have always been in high demand in Egypt owing to their easy-to-handle features. Consumption rates in the country are steadily rising due to the growing middle-income group population, changing lifestyles, and evolving consumer preferences. The beverage and food can industry witnessed a surge in demand amid the pandemic as customers opted to buy multiple packs of beverages and canned food for at-home consumption.
• Growth in the export of food products has given traction to the demand for metal packaging solutions that meet the quality standards of the countries importing processed food products. For instance, according to the Egyptian Export Council for Food Industries, the value of the food export during the first half of 2021 increased by 13% to reach USD 2.052 billion, compared to USD 1,820 billion during the same period in 2020.
• The availability of low-cost alternative plastic and paper packaging solutions and their growing adoption by food and beverage industries are restraining the growth of metal packaging in Egypt. Further, the manufacture of substitute products is expected to adversely impact the market until the vendors explore new avenues. For instance, in November 2022, Tetra Pak, one of the leading packaging solutions providers, announced setting up a joint venture with Egyptian paper board manufacturer Uniboard to recycle Used Beverage Cartons in Egypt with an investment of EUR 2.5 million (USD 2.63 million). This will ensure the availability of raw materials for the beverage cartons manufacturers, negatively impacting metal packaging.
• The COVID-19 pandemic had a significant impact on the Egyptian metal packaging market. Although Egypt acted relatively quickly to curb the spread of this pandemic, negative external factors such as supply chain restrictions combined with the partial lockdown affected the local market and caused significant disruptions.
• Furthermore, the impact of the COVID-19 pandemic on the Egyptian food and beverage processing and manufacturing sector was not substantial. The food processing sector did not undergo closures throughout the pandemic's first and second waves, as the government of Egypt allowed the food processing sector to continue operations, which supported the metal packaging growth. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.

Egypt Metal Packaging Industry Segmentation

Packaging provides a protective covering to the product and protects it during handling, storage, and movement while supplying information about the content of the package to the users. The use of metals, such as steel, tin plate, and aluminum, for packaging is termed metal packaging. The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. Also, the study includes revenue accrued from the sales of metal products offered by various vendors in the market. Tin cans have been considered under the steel can segment for this study.

For the market estimation and projection, the inputs from the primary interviews were also considered, along with the impact of COVID-19. The Egyptian metal packaging market is segmented by material (aluminum and steel), by product type (cans, bulk containers, shipping barrels and drums, caps and closures, and other product types), and by end-user industry (beverage, food, paint and chemical, industrial, and other end-user verticals).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.