Market Share of Nigeria Flexible Packaging Industry
The Nigerian flexible packaging market is fragmented in nature owing to the presence of several players operating in the market holding a considerable share. The players operating in the market perform activities such as mergers, acquisitions, capacity expansion, product innovations, etc., to remain competitive in the market and hold a significant market share. PrimePak Industries Nigeria Ltd, Victor Oscar Company, Quantum Plastic Nigeria Ltd, Flexipack Plastics Ltd, and Tempo Paper Pulp & Packaging Ltd are some of the key market players.
In November 2022, Tempo Paper Pulp & Packaging Ltd (Ota, Ogun State), one of the leading producers of packaging films, started its second BOPP film line, which is 8.7m wide with an annual capacity of 42,000 tons per year as the demand for high-quality packaging film rapidly increasing across Africa, especially in Nigeria.
Nigeria Flexible Packaging Market Leaders
Victor Oscar Company
Flexipack Plastics Ltd
PrimePak Industries Nigeria Ltd
Quantum Plastic Nigeria Ltd
Tempo Paper Pulp & Packaging Ltd
*Disclaimer: Major Players sorted in no particular order
