NIGERIA PACKAGING MARKET

INTRODUCTION

Due to growing investments in a number of end-user industries, including the food processing industry, cosmetics, and household care, among others, the packaging industry in Nigeria is drawing investors.

Additionally, Nigeria ‘s demand for packaging solutions is anticipated to be driven by the expanding e-commerce sector, which is anticipated to rise as a result of the rising youth population, rising consumer spending, and increasing technology penetration.

Investments are attracted to the Nigerian packaging industry because it offers enterprises in the sector a number of opportunities for expansion in order to deliver affordable and environmentally friendly packaging solutions across the nation.

NIGERIA PACKAGING MARKET  SIZE AND FORECAST

The Nigeria packaging market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

NEW PRODUCT LAUNCH

Unilever Nigeria Plc's Sunlight, a well-known brand, has relaunched the masterbrand packaging for its line of goods. Re-launching also represents the brand's commitment to continuing to deliver best-in-class quality products that improve the washing experience, offer bursts after bursts of uplifting fragrance, and come in a range of sizes to accommodate everyone's washing needs.

The brand also unveiled a new television commercial (TVC) that is deeply rooted in its purpose to support entrepreneurial Nigerian women in their desire to contribute more to their households and society.

In an effort to be environmentally friendly and develop a sustainable branding service line, Printivo, Nigeria's top online design, brand, merchandise, and e-commerce platform, has introduced a new line of ecological packaging and promotional products targeted at micro-businesses, SMEs, and Large corporations.

The products are primarily concentrated in the food, fashion, and corporate promotional sectors, supporting the environmental and sustainable business efforts.This occurs at a time when the focus of the globe is on eco-friendly products and sustainable businesses, as well as emerging microbusinesses that are concentrating on creating their own brands. 

COMPANY PROFILE

• Avon crowncaps & containers Nigeria ltd
• Greif Inc
• Beta glass
• Twinstar industries Ltd
• Sonnex 
• Printivo

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perNigeria packaging marketright now and how will it change in the next 5-6 years?
2. Average cost to set up apackaging marketin Nigeria ?
3. How manyNigeria packaging marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aNigeria packaging marketand key vendor selection criteria
6. Where is theNigeria packaging market manufactured? What is the average margin per equipment?
7. Market share ofNigeria packaging marketmanufacturers and their upcoming products
8. The most important plannedNigeria packaging marketin next 2 years
9. Details on network of majorNigeria packaging marketand pricing plans
10. Cost advantage for OEMs who manufactureNigeria packaging marketin-house
11. 5 key predictions for next 5 years inNigeria packaging market
12. Average B-2-BNigeria packaging marketprice in all segments
13. Latest trends inNigeria packaging market, by every market segment
14. The market size (both volume and value) ofNigeria packaging marketin 2022-2030 and every year in between?
15. Global production breakup ofNigeria packaging market, by suppliers and their OEM relationship