Egypt Dairy Packaging Market 2022 Global Insights and Business Scenario – Elif Global Packaging EGYPT, Elhossam Pack, Tetra Pak Egypt, Huhtamaki Flexibles Egypt, Mipco Plast

Market Insights Reports has added new statistical data to its repository titled as, Egypt Dairy Packaging Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Egypt Dairy Packaging market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The Egypt dairy packaging market is expected to grow at a CAGR of about 4.7% during the forecast period of 2021-2026.

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Top Key Players in the Egypt Dairy Packaging Market are Elif Global Packaging EGYPT, Elhossam Pack, Tetra Pak Egypt, Huhtamaki Flexibles Egypt, Mipco Plast, Jokey Egypt For Plastic Packaging Industries S. A. E., and others. 

Industry News and Update:

- January 2020: Tetra Pak introduced the food and beverage (F&B) industry’s full-scale virtual marketplace. This virtual marketplace will help the dairy-producing & processing companies in Egypt to have coordination on the supply-demand scenario at the time of the COVID-19 crisis.

- September 2019: Huhtamaki acquired Africa-based flexible packaging manufacturer Everest Flexibles for a value of GBP 58 million. After the acquisition, Huhtamki now has two flexible packaging manufacturing units in the African region, the recently opened facility in Egypt and Everest.

Key Market Trends:

Plastic Material is Expected to Hold a Significant Share Throughout the Forecast Period

- Plastic bottles in the country contribute more than 50% of the milk packaging. The trend of on-the-go consumption, the convenience of the smooth pour, the appealing packaging quality, and health awareness showcased by drinkable dairies, like soy-based milk, have augmented the demand for plastic packaging.
- Nowadays, the primary factor behind expanding the sales of dairy products are the different forms of packaging available. Earlier, milk was available only in gable-top cartons. At present, milk has delivered in portable, brand-friendly plastic bottles, which is an attractive option for busy consumers.
- Some of the newest milk and drinkable dairy products, such as smoothies and yogurts, are presented in single-serve and sleek plastic bottles. The increasing adoption of skim milk powder among the young generations of the country is also contributing to the growth of the dairy packaging market in the coming years. The import of skim milk powder stands at 76.74 thousand tonnes in 2019 (according to OECD) and expected to reach 107.77 thousand tonnes in 2028.
- According to data released by OECD-FAO, the volume of cheese consumed in Egypt is likely to reach 734.04 thousand tonnes by 2028. Light weighting feature is expected to drive the use of plastics in cheese, as cheeses get transferred in bulk.

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This Egypt Dairy Packaging Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Egypt Dairy Packaging market:

– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?              

We Also Offer Customization on report based on specific client Requirement:

– Free Country Level analysis for any 5 countries of your choice.

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