Market Trends of Nigeria Pouch Packaging Industry
Standard Pouch Segment to Register the Fastest Growth
- In Nigeria, the demand for pouch packaging is set to surge, driven by the expanding food, beverage, and pharmaceutical sectors. Businesses are increasingly adopting flexible pouch packaging as a sustainable alternative, attracted by its potential to reduce material usage and carbon footprints.
- Government investments in local production, aimed at curbing reliance on pharmaceutical imports, have fueled growth in Nigeria's pharmaceutical sector, consequently spurring the need for pouch packaging. Collaborative efforts by the African Pharmaceutical Technology Foundation (APTF) and Nigeria's National Institute for Pharmaceutical Research and Development in 2024 will further bolster the country's pharmaceutical manufacturing, benefiting the packaging industry.
- Key players such as PrimePak Industries Nigeria Ltd and UFlex Limited are at the forefront, offering innovative pouch packaging solutions across food, pharmaceuticals, personal care, and confectionery segments. Notably, the surging demand for resealable zip pouches featuring an airtight seal is gaining traction for its ability to safeguard products from contaminants and maintain food quality.
- Nigeria witnessed a notable economic upswing in 2023, largely propelled by a surge in both imports and exports. Data from the National Bureau of Statistics (NBS) highlights a significant 22.68% increase in total exports in the fourth quarter of 2023, with the Netherlands, India, Spain, Canada, and France emerging as the top five export destinations.
Understand The Key Trends Shaping This Market
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Food Industry Expected to Hold High Market Share
- Nigeria, Africa's most populous nation, is home to the continent's largest economy. Its predominantly young and increasingly urban population is fueling significant opportunities in food and agricultural exports. Data from the United States Department of Agriculture (USDA) highlights that as Western culture gains traction in Nigeria, alongside a rising demand for high-quality foods, the food processing sector is on an upward trajectory.
- Moreover, Nigeria's expanding urban and youthful demographics drive a surge in demand for ready-to-eat food products. These include soups, pasta, sauces, and rice, often packaged in stand-up pouches with high-barrier laminates. These laminates shield the food from contaminants and extend the products' shelf life.
- The country's pet population is rising, a trend attributed to a surge in millennial adults, increasing disposable incomes, and evolving consumer lifestyles. Consequently, there is a heightened demand for pet products. Notably, most pet food and snacks are housed in plastic-laminated stand-up pouches. These pouches play a dual role, keeping the contents fresh and safeguarding them from moisture and oxygen, thereby bolstering the market’s growth.
- When it comes to imports, Nigeria heavily relies on the United States for its agricultural and food products. USDA data reveals that Nigeria's imports from the United States include wheat, food preparations, wine, dairy products, and related items. In 2023, Nigeria imported dairy products worth USD 2.15 million.
