Algeria's flexible packaging market growing at more than 10% p.a.

摘要

Algeria's flexible packaging market, estimated by PCI at around US$270 in 2015 is currently growing by around 10% per annum. This is in spite of the country's economy being hit by the collapse in oil and gas prices over the past year. Rapid flexible packaging demand growth is resulting from: A young population of around 40 million, growing by approaching 2% per annum, which is rapidly urbanising The fast growing investment in the country's food processing industry requiring locally supplied packaging