Egypt Plastics Market

Egypt Plastics Market Size & Insights

Egypt plastics market size is projected to grow at a CAGR of 3.3% between during the forecast years between 2025 and 2032, owing to the growing plastic consumption across industries such as food & beverages, automotive, consumer goods and construction industry. Increasing awareness regarding plastic recycling among consumers is further supporting the market growth.

Egypt Plastic Industry Drivers

Growing Population & Urbanization

Increased population growth coupled with the rapid urbanization and industrialization. Egypt is experiencing a steady growth in urban population, the urbanization growth is around 2% year on year, this growth translates into almost a million people moving to urban areas every year are driving the plastic demands in Egypt across various applications

Rising Demand for Packaging

Increasing plastic need for packaging across food and beverages industry to cater to the demand of the packaged food products in Egypt. In addition, rising penetration of online stores and hectic lifestyles of consumers is predicted to boost the demand for packaged food. Increased population growth coupled with the rapid urbanization and industrialization, will further drive the plastic demands in Egypt across various applications.

Booming Construction Market

The major factors propelling the growth of the plastic market in Egypt includes rapid growth in the construction industry, increasing disposable income and high investment on the infrastructure development across the country. Egyptian government is heavily investing on construction activities to fulfil the increasing infrastructure needs of people.

Egypt Plastics Market Segment Analysis

Egypt Plastics Market by End-Use Application: Packaging End-Use application holds the largest market share

Packaging End-Use application segment is anticipated to hold the largest share in the market. Increasing usage of plastics such as PET and PC for packaging in the F&B, pharmaceuticals and consumer goods industries is projected to offer numerous opportunities for Plastics market in Egypt. Even key players in the Egypt plastic industry are taking necessary steps to recycle plastic. In 2020, Nestle has taken initiative to recycle plastic packaging waste in Egypt. The company planned to improve the recycling ecosystem in Egypt.

Egypt Plastics Market by Plastic Type: Polyethylene (PE) plastic type dominated the Egyptian plastic market

Polyethylene (PE) plastic type hold the largest market share as it is a very popular material owing to its versatility when It comes to packaging, cost effectiveness etc. It is used widely across various packaging industry.

Egypt Plastics Market Major Players & Competitive Landscape

Major companies operating in Egypt plastic market are Sabic, BASF, DoW, Egyptian Indian Polyester, Indorama etc.

Leading players operating in the market are adopting various strategies such as new product launch, expansion and partnerships. For example, Dow signed a partnership agreement with WasteAid for plastic use and recycling waste in Egypt in 2021.

Egypt Plastics Market Scope of the Report

Egypt Plastics Market Research Report Segmentation

The Egypt Plastics Market has been segmented on the basis of type and end-use Industry. Based on type, the market is segmented into Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Polyamide, Polycarbonate, Polyurethane, Polystyrene, Others. Based on end-use industry, the market is segmented into Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods, Healthcare & Pharmaceuticals, Electrical & Electronics, Others.

Egypt Plastics Market by Type

• • Polyethylene
  • Polypropylene
  • Polyethylene Terephthalate
  • Polyvinyl Chloride
  • Polyamide
  • Polycarbonate
  • Polyurethane
  • Polystyrene
  • Others

Egypt Plastics Market by End-Use Industry

• • Packaging
  • Automotive & Transportation
  • Infrastructure & Construction
  • Consumer Goods
  • Healthcare & Pharmaceuticals
  • Electrical & Electronics
  • Others

Egypt Plastics Market Leading players

• • Sabic
  • BASF
  • DoW
  • Egyptian Indian Polyester
  • Indorama