Morocco Plastic Caps and Closures Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.21 Billion |
| Market Size (2029) | USD 0.37 Billion |
| CAGR (2024 - 2029) | 5.15 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Morocco Plastic Caps and Closures Market Analysis
The Morocco Plastic Caps And Closures Market size is estimated at USD 0.21 billion in 2024, and is expected to reach USD 0.37 billion by 2029, growing at a CAGR of 5.15% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 3.23 billion units in 2024 to 4.01 billion units by 2029, at a CAGR of 4.42% during the forecast period (2024-2029).
Morocco's plastic caps and closures market offers a cost-effective and customizable solution for product packaging. It finds extensive utility in food and beverage, personal care, and other industries that demand safe packaging solutions. Its rise in popularity can be attributed to its efficiency and cost-effectiveness.
- Major technological trends are reshaping the packaging sector. These trends include the surge in e-commerce, driving the need for shippable and convenient packaging. Additionally, the push for enhanced barrier qualities, product innovation, and the digitization of supply chains fuel technology integration into packaging materials.
- In the region, the expansion of the food and beverage market is propelled by a rising appetite and a heightened demand for processed and packaged foods. Primarily led by millennials, who favor single-serving and portable food and beverages, the demand for caps and closures is rising. Given its durability attributes, the market is increasingly favored in the country.
- The caps and closures market witnessed growth with the rise in retail business in the country. The food retail industry in Morocco is experiencing rapid growth. While traditional grocers still hold the majority share, modern retail channels like supermarkets, hypermarkets, discounters, and convenience stores have risen for the past two decades. This shift is fueled by urbanization and changing consumer buying patterns. Notably, the market is primarily controlled by established local players like LabelVie Group and Marjane Holding and more actively pursuing expansion strategies.
- In Morocco, Sumilon, a plastic recycling firm, has expanded its operations to meet the demand for recycled plastic. The company gained insights into Morocco's strengths, robust logistical networks, and established supply chains. Morocco had already secured free trade agreements with key players, including the EU, the US, and even Turkey. Aiming to attract companies like Sumilon and cultivate a cutting-edge industrial hub on Europe's doorstep, Sumilon Eco PET inaugurated its first recycling and repackaging facility. Such recycling efforts by companies might enhance plastic packaging products such as caps and closures.
- However, Morocco predominantly grapples with solid waste management, particularly non-biodegradable post-consumer plastics, from its packaging sector. According to World Bank, an alarming 6.26 kg of untreated plastic waste per kilometer of coastline finds its way into the Mediterranean Sea from Morocco every day. Every year, the Moroccan coastline leaks an alarming 75,000 tons of plastic waste into the marine environment, which translates to roughly 14 pounds every half mile. Such substantial plastic waste poses grave environmental risks and could impact Morocco's flexible packaging industry.
Morocco Plastic Caps and Closures Market Trends
Polypropylene Resin is Expected to Push the Market Growth
- Polypropylene (PP) stands out for its superior rigidity, heat, water, and chemical resistance. Compared to PE, PP boasts better high-temperature resilience but falls short in low-temperature scenarios. Its inherent shape retention, even under rough handling, and robust durability position it as the material of choice for caps. This durability, which resists breakage and bending, is anticipated to drive PP's adoption in caps and closures.
- Polypropylene caps are used for sealing bottles, jars, and tubes. Their lightweight nature cuts shipping expenses and makes packaging more budget-friendly for businesses. Moreover, being recyclable, polypropylene caps emerge as an eco-conscious option, enabling companies to align with green initiatives and cater to environmentally-aware consumers.
- In February 2023, ITC Packaging, one of the manufacturers of polypropylene injection containers, and the Erum Group united forces to introduce their packaging solutions in Morocco. This strategic alliance aims to bolster its global presence, diversify its product offerings, and enhance its commercial catalog. Leveraging Erum's decades-long proximity strategy, the partnership streamlines logistics cuts transport costs, and champions sustainability and the circular economy. Such partnerships might create opportunities for polypropylene caps and closures in the country.
- According to the Government of Canada, retail sales of alcoholic and non-alcoholic beverages in Morocco in 2024 are expected to reach USD 513.3 and 3,051.1 million, respectively. This has increased from USD 441.7 and 2,706.1 million in 2020. The rise in consumption of alcoholic and non-alcoholic beverages is expected to create opportunities and improve the market for caps and closures made of polypropylene in the country.
- Polypropylene caps and closures, known for their versatility, find applications across a broad spectrum. These plastic closures, predominantly made of PP, boast exceptional strength-to-weight ratios. Beyond closures, polypropylene's appeal extends to a range of products, from takeout containers and syrup bottles to medicine jars, reflecting a growing appetite for plastic caps in the food and beverage sector.
Beverage Sector is Anticipated to Propel the Market
- Morocco is shifting towards still water over carbonated options, driven by rising health consciousness and concerns linked to sparkling water. The country's expanding population further bolsters this preference for still water. While mineral water is offered in still and sparkling variants, the affordability and rising household utility of still mineral water make it the preferred choice for consumers.
- The convenience of finding beverages in supermarkets and hypermarkets streamlines shopping and fuels the demand for these products. Supermarkets have become the primary destination for beverages and essential food items in Morocco, and their prevalence is set to solidify their position as the leading retail channel for beverage sales.
- According to the World Health Organization (WHO), alcohol consumption per capita in Morocco was forecast to increase by 0.1 liters between 2021 and 2024. Alcohol in Morocco represents a fusion of tradition, law, and culture. In North Africa, Morocco's stance on alcoholic beverages is deeply rooted in its historical and cultural backdrop. This would further push the demand for alcoholic beverages in the country.
- Further, in May 2024, in anticipation of Africa Day, Coca-Cola unveils its latest creation, Coca-Cola Wozzaah, a variety of flavors inspired by the vibrant essence of African heritage. Through immersive digital platforms and the crisp taste of Coca-Cola Wozzaah, enthusiasts are invited on a sensory journey across Africa, savoring each nation's diverse and spirited essence. This limited-time offering is available in select markets, including Morocco and other African countries. Innovations would create a market for caps and closures in the country.
Morocco Plastic Caps and Closures Industry Overview
The Morocco Plastic Caps and Closures market is fragmented, with many domestic and significant players, such as Sacmi Imola S.C., Amcor Plc, Mutandis, Tetra Pak International S.A., ALPLA Group, Bericap Holding GmbH, and more. Companies operating in the region are focused on expanding their business through innovations, collaborations, acquisitions, mergers, etc.
- November 2023 - ALPLA Group, a key player in plastic packaging, is bolstering its foothold in North Africa by venturing into the Moroccan market. This strategic move marks its entry into Morocco and signals a broader ambition to grow in the Maghreb region. ALPLA has secured a majority stake in Atlantic Packaging, a local producer, and together with Diana Holding, the previous sole owner, they have established a joint venture named ALPLA Morocco. This expansion underscores ALPLA's commitment to providing safe, cost-effective, eco-friendly plastic packaging solutions in Morocco and beyond.
Morocco Plastic Caps and Closures Market Leaders
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Mutandis
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Bericap Holding GmbH
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ALPLA Group
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Sacmi Imola S.C.
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Tetra Pak International S.A.
*Disclaimer: Major Players sorted in no particular order
Morocco Plastic Caps and Closures Market News
- May 2024 - Sahara, a refined, contemporary blend inspired by Mahia, a traditional Moroccan fig and aniseed spirit, debuted in the UK. Infused with apricots, almonds, honey, and cinnamon, Sahara promises a premium, distinctly Moroccan experience. Rooted in the essence of Morocco's diverse landscape, the Sahara pays homage to the nation's people, culture, and history.
- January 2024 - In October 2023, the Egyptian hard discounter Kazyon made its foray into Morocco to challenge its Turkish counterpart, BIM. While the two are direct competitors in Egypt, Kazyon has surged ahead in store count, boasting over 800 outlets, whereas BIM, after an initial lead, has seen minimal growth in its network over the last three years. Eyeing a confrontation, Kazyon has set ambitious targets: 200 outlets by the close of 2025 and a grand vision of 600 stores by 2027. As of now, Kazyon operates 12 stores, predominantly concentrated in Casablanca. Such supermarket expansions might create a market for caps and closures in the country.
Morocco Plastic Caps and Closures Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Growing Demand for Recyclable Plastics to Push the Market Growth
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5.2 Market Restraints
- 5.2.1 Concerns Regarding the Impact of Plastics on the Environment
6. INDUSTRY REGULATION, POLICY AND STANDARDS
7. MARKET SEGMENTATION
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7.1 By Resin
- 7.1.1 Polyethylene (PE)
- 7.1.2 Polyethylene Terephthalate (PET)
- 7.1.3 Polypropylene (PP)
- 7.1.4 Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.)
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7.2 By Product Type
- 7.2.1 Threaded
- 7.2.2 Dispensing
- 7.2.3 Unthreaded
- 7.2.4 Child-resistant
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7.3 By End-User Industry
- 7.3.1 Food
- 7.3.2 Bevrage
- 7.3.2.1 Bottled Water
- 7.3.2.2 Carbonated Soft Drinks
- 7.3.2.3 Alcoholic Beverages
- 7.3.2.4 Juices & Energy Drinks
- 7.3.2.5 Others
- 7.3.3 Personal Care & Cosmetics
- 7.3.4 Household Chemicals
- 7.3.5 Other End-use Industries
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles*
- 8.1.1 Mutandis
- 8.1.2 Amcor Plc
- 8.1.3 Bericap Holding GmbH
- 8.1.4 ALPLA Group
- 8.1.5 Tetra Pak International S.A.
- 8.1.6 Sacmi Imola S.C.
9. RECYCLING & SUSTAINABILITY LANDSCAPE
10. FUTURE OUTLOOK OF THE MARKET
** Subject To AvailablityMorocco Plastic Caps and Closures Industry Segmentation
The scope of the study characterizes the plastic caps and closures market based on the raw material of the product, including PP, PE, PET, and other raw materials used across various end-user industries such as Food, Pharmaceuticals, Beverage, Cosmetics and Toiletries and more across the country. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
Morocco Plastic Caps and Closures Market is Segmented by Resin(Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), and Other Plastic Materials), by Product Type(Threaded, Dispensing, Unthreaded, Child-Resistant), by End-User Industry (Food, Beverage (Bottled Water, Carbonated Soft Drinks, Alcoholic Beverages, Juices & Energy Drinks, and Others), Personal Care and Cosmetics, Household Chemicals, and Other End-User Industries). The report offers market forecasts and size in volume (Units) and value (USD) for all the above segments.
| By Resin | Polyethylene (PE) | |
| Polyethylene Terephthalate (PET) | ||
| Polypropylene (PP) | ||
| Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.) | ||
| By Product Type | Threaded | |
| Dispensing | ||
| Unthreaded | ||
| Child-resistant | ||
| By End-User Industry | Food | |
| Bevrage | Bottled Water | |
| Carbonated Soft Drinks | ||
| Alcoholic Beverages | ||
| Juices & Energy Drinks | ||
| Others | ||
| Personal Care & Cosmetics | ||
| Household Chemicals | ||
| Other End-use Industries |
Morocco Plastic Caps and Closures Market Research FAQs
How big is the Morocco Plastic Caps And Closures Market?
The Morocco Plastic Caps And Closures Market size is expected to reach USD 0.21 billion in 2024 and grow at a CAGR of 5.15% to reach USD 0.37 billion by 2029.
What is the current Morocco Plastic Caps And Closures Market size?
In 2024, the Morocco Plastic Caps And Closures Market size is expected to reach USD 0.21 billion.
Who are the key players in Morocco Plastic Caps And Closures Market?
Mutandis, Bericap Holding GmbH, ALPLA Group, Sacmi Imola S.C. and Tetra Pak International S.A. are the major companies operating in the Morocco Plastic Caps And Closures Market.
What years does this Morocco Plastic Caps And Closures Market cover, and what was the market size in 2023?
In 2023, the Morocco Plastic Caps And Closures Market size was estimated at USD 0.20 billion. The report covers the Morocco Plastic Caps And Closures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Morocco Plastic Caps And Closures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Morocco Plastic Caps and Closures Industry Report
Statistics for the 2024 Morocco Plastic Caps And Closures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Morocco Plastic Caps And Closures analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
