The Moroccan flexible packaging market is expected to register a CAGR of 10.4% during the forecast period. With online shopping on the rise, the market is expected to rebound in the long run. Flexible packaging in Morocco is rising faster than other forms. It includes trends like e-commerce, and sustainability, which can be used to drive market development and growth. Customers in the region are eager to pay more for specific product attributes boosted by flexible packaging.
The Moroccan flexible packaging market is fragmented and consists of several major players. The players with a prominent market share are focusing on expanding their customer base across the country.
In June 2022, Austrian injection molding machine manufacturer and system solutions provider ENGEL aimed to strengthen its market presence in North Africa by establishing its sales and service branch in Morocco. The company is focusing on Morocco as it is trying to establish itself as a production base for the packaging of medical technology and industries.
In May 2022, Hotpack Global, the world’s leading manufacturer of disposable food packaging products, announced a regional expansion in Morocco, joining hands with the retail leader of the African nation, Retail Holding, through its investment arm, Best Financiers.
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