$950 Bn
Market Size
3-4%
CAGR
$1.2 Tn
Forecast
Africa's booming consumer market demands innovative and sustainable packaging solutions. Invest in protecting Africa's growth! Be part of the companies developing eco-friendly packaging solutions for a responsible future.
Africa's booming consumer market demands innovative and sustainable packaging solutions. Invest in protecting Africa's growth! Be part of the companies developing eco-friendly packaging solutions for a responsible future.
$950 Bn
Market Size
3-4%
CAGR
$1.2 Tn
Forecast
Africa's supermarket shelves are filling fast, creating a goldmine for packaging investors. Rapid urbanization, with half the population expected to be city dwellers by 2045 (UN), is driving a shift towards convenience. This translates to a surging demand for packaged food, beverages, and household products. This, coupled with rising disposable incomes, fuels growth across all packaging segments.
Despite a packaging market valued at USD 44.2 billion in 2022 (Packaging Gateway), Africa relies heavily on imports. This creates a significant gap for foreign investors. By establishing local production facilities and efficient distribution networks, foreign companies can not only tap into this growing demand but also contribute to a more sustainable and efficient packaging infrastructure across Africa. This is an investment that goes beyond profits – it fosters economic growth, creates jobs, and reduces reliance on imports.
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