How big is the Nigeria Packaging Market?

The Nigeria Packaging Market size is expected to reach USD 0.89 billion in 2024 and grow at a CAGR of 2.96% to reach USD 1.03 billion by 2029. Read More

What is the current Nigeria Packaging Market size?

In 2024, the Nigeria Packaging Market size is expected to reach USD 0.89 billion. Read More

Who are the key players in Nigeria Packaging Market?

Avon Crowncaps & Containers Nigeria Limited, Greif Inc., Nampak Ltd., Twinstar Industries Ltd. and Frigoglass are the major companies operating in the Nigeria Packaging Market. Read More

What years does this Nigeria Packaging Market cover, and what was the market size in 2023?

In 2023, the Nigeria Packaging Market size was estimated at USD 0.86 billion. The report covers the Nigeria Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nigeria Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Packaging Industry in Nigeria - Companies, Overview & Analysis

Packaging Industry in Nigeria Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Packaging Industry in Nigeria Report is Segmented by Material (Plastic, Paper and Paperboard, Glass, and Metal), Product Type (Bottles, Bags and Pouches, Corrugated Boxes, and Metal Cans), and End-User Industry (Beverage, Food, Pharmaceutical and Healthcare, and Cosmetics and Toiletries and Household Chemicals). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Nigeria Packaging Industry Overview

The competitive landscape of the packaging industry in Nigeria is fragmented owing to the presence of many manufacturers in the country holding a large market share. The market players are forming strategic partnerships and collaborations to attract maximum market share in a developing economy.

August 2024: Nestlé Nigeria has introduced its breakfast cereal, Golden Morn, now featuring sustainable packaging. This initiative aligns with Nestlé's global recycling vision. The new packaging highlights Nestlé's commitment to ensuring that over 95% of its plastic packaging is recyclable by 2025. Additionally, the packaging incorporates eco-friendly materials, further emphasizing Nestlé's dedication to sustainability.
December 2023: Nestle Nigeria introduced new water bottles that are made with 50% recycled Polyethylene Terephthalate (PET). The goal of the company is to promote circular economy and minimize the impact of its production process on the environment.