Market Share of Africa Plastic Packaging Industry
The African plastic packaging market is highly fragmented, comprising market incumbents such as Mondi, Nampak, and Berry Astrapak and several regional packaging firms. With environmental concerns rising across countries, major players have boosted their investments in research and development to tackle environmental concerns and make plastic bottles safer.
- In January 2023, Phatisa announced the acquisition of a significant minority stake in MHL International Holdings, a printing and packaging provider operating in Sub-Saharan Africa through subsidiaries in Kenya and Nigeria with strong exposure to the food and beverage sector.
- In August 2022, ALPLA expanded its OTC packaging manufacturing technology. Alplapharma, the pharma packaging business of the ALPLA group, accomplished this by expanding its manufacturing technology for OTC bottles with the inclusion of flexible extrusion blow molding (EBM), which allows for sustainable and customer-specific packaging solutions in this field.
Africa Plastic Packaging Market Leaders
Berry Astrapak (Berry Global Group Inc.)
Nampak Ltd
Mondi PLC
Mpact Pty Ltd
Foster International Packaging
*Disclaimer: Major Players sorted in no particular order
