Egypt Metal Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Egyptian Metal Packaging Market is expected to grow at a CAGR of 3.1% over the forecast period. Owing to the growing urban population and changing consumer preferences, food has become a major event and an essential daily necessity for Egyptian citizens. As a result, metal packaging products are gaining rising demand in the Egyptian market.
Key HighlightsThe Egyptian metal packaging market is fragmented, owing to the presence of many global and domestic players of metal packaging solution providers in the region. Also, players operating in the market are focused on strategic activities such as partnerships, collaborations, expansion, product innovation, and others to boost their market presence and gain maximum market traction. The vendors operating in the market are a mix of domestic and international players some among them are Greif Inc., Willy Group, Ball Beverage Packaging, Ghandour Brothers Metal Industries (Gcan), EuroPack, El Sharkia Packing Co., and Alfouad Packaging.
In December 2022, CairoPac, a company that specializes in food processing 3-Piece Cans manufacturing, invested EGP 200 million (USD 8.12 million) so that its production lines which have a capacity of 840,000 cans and lids currently, could be increased to the capacity of 1.2 million cans/day in the food industry, with a state-of-the-art can production facility in line with international standards.
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