Egypt Plastic Packaging Market Size (2024 - 2029)

The Egypt plastic packaging market is projected to experience growth driven by various macro factors such as changing lifestyles, increasing urbanization, and expanding economic activities. The market's expansion is supported by rising demand in sectors like food, beverage, cosmetics, and pharmaceuticals, alongside the growth of modern retailing and e-commerce. Despite challenges posed by sustainability concerns and regulatory restrictions on single-use plastics, the market is expected to benefit from innovative packaging solutions. The COVID-19 pandemic and geopolitical events have also impacted the market, particularly affecting small and medium enterprises in the sector.

Market Size of Egypt Plastic Packaging Industry

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Egypt Plastic Packaging Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.33 Billion
Market Size (2029) USD 2.75 Billion
CAGR (2024 - 2029) 3.41 %
Market Concentration Medium

Major Players

Egypt Plastic Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Egypt Plastic Packaging Market Analysis

The Egypt Plastic Packaging Market size is estimated at USD 2.33 billion in 2024, and is expected to reach USD 2.75 billion by 2029, growing at a CAGR of 3.41% during the forecast period (2024-2029).

The plastic packaging market is expected to be driven by several macro factors, including evolving lifestyles, increasing urban residents, expanding economic activity nationwide, and greater penetration of online retailers nationwide.

  • Additionally, the plastic packaging market is anticipated to grow significantly over the coming years due to rising demand in end-use industries, including food, beverage, cosmetics, personal care, and pharmaceuticals. The plastic packaging market is anticipated to be driven by an increase in modern retailing, increasing consumer affluence, and accelerating e-commerce activities, particularly in emerging areas of the nation.
  • The e-commerce industry's strong growth will also probably create new opportunities for the sector to expand. Lightweight and flexible packaging options are preferred by e-commerce businesses to cut down on transportation costs. The market is anticipated to be fueled by online shopping for everyday fresh meals, FMCG goods, technological devices, and clothing.
  • Plastic packaging professionals in this area significantly impact inventing and upgrading materials, designs, and technologies for their customers due to shifting consumer preferences toward healthier products, laws, and the drive toward sustainability. One of the main issues for customers is sustainability. Manufacturers are creating lightweight containers to solve this, and package size is also getting smaller.
  • Furthermore, it is anticipated that more opportunities for plastic packaging will arise in the forecast period due to the growing introduction of innovative packaging solutions, including bioplastic, active packaging, and packaging for dynamic atmospheres and edibles. However, the industry's expansion in the upcoming years will likely be threatened by growing sustainability awareness and a strict restriction on single-use plastic to reduce plastic pollution.
  • The COVID-19 outbreak significantly impacted Egypt's SMEs that produce plastic packaging. The effects of COVID-19 on SMEs resulted in both operational and financial issues. Additionally, there was a noticeable disturbance in the supply chain regarding output. Financially, they have little cash on hand, but instead of applying for a loan to pay their bills, they temporarily choose to cut back on production. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.

Egypt Plastic Packaging Industry Segmentation

The market is tracked in terms of consumption of the plastic products considered under the market studied. The study tracks revenue and volume accrued from the sales of different packaging products offered by Egypt vendors operating in the studied market.

The Egypt Plastic Packaging Market is segmented by Material (PE, BOPP, CPP, and PVC), Packaging Type (Rigid, Flexible), Product (Bottles & Jars, Tubs, Cup Bowls & trays, Intermediate Bulk containers, and Pouches), and End User (Food, Beverage, and Cosmetics & Personal Care). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Material
PE
BOPP
CPP
PVC
Others
By Packaging Type
Rigid
Flexible
By Product
Bottles & Jars
Tubs, Cup Bowls & Trays
Intermediate Bulk Containers
Pouches
Others
By End User
Food
Beverage
Cosmetics & Personal Care
Others
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Egypt Plastic Packaging Market Size Summary

The Egypt plastic packaging market is poised for steady growth over the forecast period, driven by factors such as evolving consumer lifestyles, urbanization, and the expansion of economic activities. The increasing penetration of online retailing is also a significant contributor to market expansion. The demand for plastic packaging is expected to rise across various end-use industries, including food, beverages, cosmetics, personal care, and pharmaceuticals. This growth is further supported by the rise of modern retailing, increased consumer affluence, and the rapid acceleration of e-commerce activities, particularly in emerging regions of the country. The e-commerce sector's preference for lightweight and flexible packaging to reduce transportation costs is anticipated to create new opportunities for market expansion. However, the industry faces challenges from growing sustainability concerns and stringent regulations on single-use plastics, which could impact future growth.

The market's expansion is also influenced by the development of innovative packaging solutions, such as bioplastics and active packaging, which cater to the demand for more sustainable options. The shift towards flexible plastic packaging is driven by its cost-effectiveness and efficiency, making it a preferred choice for various food products, including dairy, snacks, and frozen foods. The increasing adoption of flexible packaging in Egypt is supported by the growth of modern retail channels, such as supermarkets and hypermarkets, which are replacing traditional grocery stores. The market is characterized by a few major players who are focusing on expanding their customer base and implementing circular economy models through collaborations and partnerships. These efforts include developing recyclable packaging solutions and investing in recycling facilities to enhance sustainability and reduce environmental impact.

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Egypt Plastic Packaging Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter Five Forces

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products and Services

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Industry Guidelines and Policies

    5. 1.5 Assessment of the Impact of COVID-19 on the Packaging Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 PE

      2. 2.1.2 BOPP

      3. 2.1.3 CPP

      4. 2.1.4 PVC

      5. 2.1.5 Others

    2. 2.2 By Packaging Type

      1. 2.2.1 Rigid

      2. 2.2.2 Flexible

    3. 2.3 By Product

      1. 2.3.1 Bottles & Jars

      2. 2.3.2 Tubs, Cup Bowls & Trays

      3. 2.3.3 Intermediate Bulk Containers

      4. 2.3.4 Pouches

      5. 2.3.5 Others

    4. 2.4 By End User

      1. 2.4.1 Food

      2. 2.4.2 Beverage

      3. 2.4.3 Cosmetics & Personal Care

      4. 2.4.4 Others

Egypt Plastic Packaging Market Size FAQs

The Egypt Plastic Packaging Market size is expected to reach USD 2.33 billion in 2024 and grow at a CAGR of 3.41% to reach USD 2.75 billion by 2029.

In 2024, the Egypt Plastic Packaging Market size is expected to reach USD 2.33 billion.

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