Egypt Glass Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Egyptian Glass Packaging Market was valued at USD 49.21 million in 2020, and it is expected to reach USD 95.92 million by 2026, registering a CAGR of 12.22%, during 2021-2026. With the COVID-19 outbreak, the Egyptian glass packaging market is expected to witness impeded growth, as the country's food and beverage sector faces a major setback due to supply chain disruption and partial lockdown being imposed to curb the spread of the pandemic. As per the Chairperson of the Food Export Council Egypt, the country's food export may decrease by 30% due to the ongoing pandemic.
Key HighlightsThe Egypt Packaging Market is fragmented with few firms operating in the market space. The companies continue to innovate and enter into stragtegic partnership in order to maintain their market position or share.
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