Top 10 Packaging Companies in the Middle East and Africa in 2021 by Revenue

Sappi Ltd, Nampak Ltd, Mpact Ltd, Hadera Paper Ltd, and Takween Advanced Industries Co are the top 5 packaging companies in the Middle East and Africa in 2021 by revenue. Collectively, the top 10 packaging companies in the Middle East and Africa generated revenue of $8,312 million, where Sappi Ltd ($5,265 million) has the highest revenue, followed by Nampak Ltd ($848 million) and Mpact Ltd ($782 million), while Plastopil Hazorea Com Ltd stood lowest ($60 million). The highest revenue increase was registered by Nampak Ltd (24%), followed by Sappi Ltd (14.2%), and Mpact Ltd (12.6%), while the companies Saudi Printing & Packaging Company had a revenue growth decrease of 2.1% respectively. In terms of the geographical split, 4 out of the top 10 packaging companies in the Middle East and Africa (Sappi Ltd, Nampak Ltd, Mpact Ltd, and Transpaco Ltd) are based in South Africa, while 2 (Takween Advanced Industries Co. and Saudi Printing & Packaging Company) are based in Saudi Arabia, and the remaining companies are based in Israel, and Zimbabwe. They have employed a total of 26,514 people in 2021. South Africa -based Sappi Ltd is the leading packaging company in the Middle East and Africa in 2021 (by revenue). The company reported revenues of $5,265 million for the fiscal year ended September 2021 (FY2021), an increase of 14.2% over FY2020, which grew 8% YoY, and reported a negative CAGR of 7.5% during 2019-21. It manufactures and sells wood fibre products. Its product portfolio includes paper pulp, dissolved wood pulp, specialty papers, graphic papers, printing papers, and packaging solutions. It provides adjacent solutions such as nanocellulose, fibre composites, and lignosulphonate. At the end of FY2021, the company had an annual capacity to produce 5.5 million tons of paper, 2.5 million tons of paper pulp, and 1.4 million tons of dissolving wood pulp. It is headquartered in Johannesburg, Gauteng, South Africa, and employs 12,492 people. Nampak Ltd is one of the leading packaging companies in the Middle East and Africa in 2021 (by revenue). The company reported revenues of $848 million for the fiscal year ended September 2021 (FY2021), an increase of 24% over FY2020, and reported a negative CAGR of 3.1% during 2017-21. The company is a diversified packaging products manufacturer. It produces and supplies plastic, paper, and metals packaging products. It serves various markets including personal care, tobacco, processed food, beverages, agriculture, petroleum, dairy, and paint. It is headquartered in Sandton, Gauteng, South Africa, and employs 4,252 people in FY2021.