The Middle East And Africa Rigid Plastic Packaging Market was valued at USD 17.66 billion in the previous year and is expected to register a CAGR of 2.95% during the forecast period to become USD 21.19 billion by the next five years.
The rigid plastic packaging market is highly competitive. Manufacturers seek lightweight, high-performing plastic grades to reduce costs and improve packaging performance. Some of the most well-known rigid plastic packaging manufacturers include Amcor Plc, ALPLA, Silgan Holdings, Seal Air Corporation, Plastipak Holding, and Sonoco Products Company, among others.
In July 2023, Packaging specialist ALPLA launched a new brand, ALPLARECYCLING. The plastic packaging company had 13 plants, including four joint ventures with regional partners. The company aims to process at least 25% post-consumer (PCR) material by 2025. After investing millions into new sites in South Africa, Romania, and Thailand and a site extension in Poland, packaging specialist ALPLA is consolidating all its activities under the brand ALPLArecycling.
In November 2022, Sonoco planned to open a new protective packaging manufacturing plant in Bursa (Turkey). The production of Sonopost packaging is scheduled to commence in the 4th Quarter of 2022 and was to be further extended to meet the increasing demand for EPS-free packaging. The new Sonoco Protective facility was to include a Design and Testing Laboratory to support customers in the packaging design.
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