Market Share of Egypt Plastic Packaging Industry
The Egypt Plastic Packaging Market is highly consolidated and has a few major players. Some participants benefit from the enhanced market reputation and broader regional presence. The major players, who hold a sizable market share, such as Amcor Plc, Mondi Plc, DS Smith Plc, Sonoco Products Company, and Tetra Laval Group, are concentrating on growing their customer base throughout the end-user sectors. Few firms are involved in collaborations and partnerships to implement a circular economy model of recycling plastics.
In September 2022, Mondi collaborated with Essity and Dow to develop fresh, recyclable secondary packaging for its feminine care products. The solution highlights the companies' dedication to advancing full recyclability and increasing the usage of recycled plastic in their packaging. Additionally, mechanically recycled post-consumer material is used in innovative packaging. Mondi collaborated with longtime supplier Dow and other businesses along the value chain to identify the ideal resin formulation for this solution. The final product is an extruded film that has been printed before being made into a bag.
In February 2022, BariQ for Techno and Advanced Industries announced the signing of a contract for the development of a new PET bottle-to-bottle recycling facility in the Giza Governorate of Egypt that will be equipped with the latest plastic sorting technology from TOMRA Recycling. The event provided beneficial networking possibilities and unveiled the new plant's design, enabling it to generate more than 35,000 metric tonnes of food-grade rPET annually while avoiding more than 80,000 tonnes of CO2 emissions.
Egypt Plastic Packaging Market Leaders
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Amcor Plc
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Tetra Laval Group
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Sonoco Products Company
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Mondi Plc
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DS Smith Plc
*Disclaimer: Major Players sorted in no particular order
