Egypt Plastics Market

Egypt Plastics Market Overview

Egypt plastics market is projected to grow at fastest CAGR in next seven years owing to the growing plastic consumption in multiple industries such as food & beverages, automotive, consumer goods and construction industry. Increasing awareness regarding plastic recycling among consumers is further supporting the market growth.

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Major Egypt Plastics Market Drivers

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. 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.

Egypt plastic packaging market 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.

Egyptian plastics market report provides in depth analysis of market insights, leading players, end-use industry and industry development. Leading players are 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.

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Egypt plastics industry outlook covers detailed analysis of Egypt plastics industry trends, plastic waste in Egypt, plastic packaging market in Egypt, plastic packaging materials, plastic waste management, eco-friendly plastic, Egypt plastics product market, bio-based plastic, key players launches to boost the market growth.

Segments covered in the Report:

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.

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Market Segmentation

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