Product Code: ETC5372435 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The plastics materials and resins market in Ethiopia is expanding as various industries, including packaging, construction, automotive, and electronics, increase their reliance on plastic materials. Plastics offer a wide range of properties such as durability, flexibility, and lightweight, making them ideal for a variety of applications. As Ethiopias industrialization continues and the demand for consumer goods rises, the market for plastics materials and resins is expected to grow. Additionally, the market is likely to benefit from the increasing shift towards sustainable plastics and biodegradable materials.
The plastics materials and resins market in Ethiopia is expanding in response to the growing demand for plastic products in sectors such as packaging, construction, automotive, and consumer goods. Plastics are versatile and cost-effective materials used in the production of a wide range of products, from packaging films to automotive parts. With Ethiopia`s industrial base expanding, particularly in manufacturing and construction, the need for raw materials like plastics and resins is increasing. The growth of the food and beverage sector, which relies heavily on plastic packaging, further drives the demand for plastics materials and resins.
Ethiopia`s plastics materials and resins market faces significant hurdles, including dependency on imported resins, volatile global resin prices, and inadequate local manufacturing capacity. Environmental concerns and lack of recycling infrastructure further impact market growth.
The Ethiopian government is supporting the growth of the Plastics Materials and Resins Market as part of its strategy to strengthen the local manufacturing industry. Policies are focused on reducing reliance on imported plastic materials and resins, encouraging domestic production through investments in local manufacturing plants. The government also regulates the safety, quality, and environmental impact of plastics production, promoting sustainable practices. With a growing demand in industries such as packaging, construction, and consumer goods, the plastics market is becoming a key focus of Ethiopias industrial growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Plastics Materials and Resins Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Plastics Materials and Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Plastics Materials and Resins Market - Industry Life Cycle |
3.4 Ethiopia Plastics Materials and Resins Market - Porter's Five Forces |
3.5 Ethiopia Plastics Materials and Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ethiopia Plastics Materials and Resins Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ethiopia Plastics Materials and Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plastics materials and resins in various industries such as packaging, construction, automotive, and consumer goods. |
4.2.2 Growing population and urbanization leading to higher consumption of plastic products. |
4.2.3 Government initiatives and investments in infrastructure development and industrial growth supporting the plastics materials and resins market in Ethiopia. |
4.3 Market Restraints |
4.3.1 Lack of advanced technology and infrastructure for the production of high-quality plastics materials. |
4.3.2 Environmental concerns and regulations regarding plastic pollution and waste management. |
4.3.3 Dependency on imports for certain types of plastics materials and resins due to limited domestic production capabilities. |
5 Ethiopia Plastics Materials and Resins Market Trends |
6 Ethiopia Plastics Materials and Resins Market Segmentations |
6.1 Ethiopia Plastics Materials and Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By High-density polyethylene (PE-HD), 2021-2031F |
6.1.4 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021-2031F |
6.1.5 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021-2031F |
6.2 Ethiopia Plastics Materials and Resins Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.3 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Coating & Printing Industry, 2021-2031F |
6.2.4 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Electronics Industry, 2021-2031F |
6.2.5 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Food & Pharmaceutical Industry, 2021-2031F |
6.2.6 Ethiopia Plastics Materials and Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Ethiopia Plastics Materials and Resins Market Import-Export Trade Statistics |
7.1 Ethiopia Plastics Materials and Resins Market Export to Major Countries |
7.2 Ethiopia Plastics Materials and Resins Market Imports from Major Countries |
8 Ethiopia Plastics Materials and Resins Market Key Performance Indicators |
8.1 Percentage of recycled plastics materials used in manufacturing processes. |
8.2 Research and development expenditure on eco-friendly and sustainable plastic alternatives. |
8.3 Number of new product innovations and patents in the plastics materials and resins sector in Ethiopia. |
9 Ethiopia Plastics Materials and Resins Market - Opportunity Assessment |
9.1 Ethiopia Plastics Materials and Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ethiopia Plastics Materials and Resins Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ethiopia Plastics Materials and Resins Market - Competitive Landscape |
10.1 Ethiopia Plastics Materials and Resins Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Plastics Materials and Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |