Plastic & Packaging
Ethiopia adopted a free market economic policy in 1992, and in line with this has promoted private investment. As a result, the plastics industry in Ethiopia has been growing at a rapid pace as demand for plastic products in the local market has been registering a steady growth since 2005. Several foreign companies have been entering into joint-venture operations with Ethiopian partners to set up plastic manufacturing plants in Addis Ababa.
Ethiopia’s plastics, printing and packaging sector has exponentially grown over decades.Without a doubt growth in the sector closely relates to that of the FMCG industry which has seen a noticeable expansion in demand for packaged goods.
The packaging industry in Ethiopia is quite developed and tends to match with the trend in the local fast moving consumer goods (FMCG) industry. Usually materials used in packaging products are plastics (flexible & rigid), glass, cartons, aluminum, caps, corks etc. The most commonly used material is plastic.