Home Tech/AIIndustry & Trade Swedish Tetra Pak seizes 70% of Egypt’s packaging market

Swedish Tetra Pak seizes 70% of Egypt’s packaging market

by Noha Gad

Multinational food packing and processing company Tetra Pak captures 70 percent of Egypt’s packaging market, Tetra Pak Egypt’s managing director Andres Lindgren said Tuesday.

He added that Tetra Pak Egypt has boosted its sales volume by 25-30 percent since its sales revenues reached €110 million in 2014. Additionally, Tetra Pak Egypt has sold around 3 billion packages, the official added.

Tetra Pak Egypt, started its operations in 1981, were it grew  from four employees to 75 continuously striving to provide safe and innovative products to meet the rising needs of the Egyptian market, and keep up with the huge potential this market has.

Tetra Pak Egypt, was announced Market Company of the year for 2012. Market Company of the year is an award given to a market company due to its consistent strong performance across defined measures over a number of years.

Tetra Pak is a multinational food packaging and processing company of Swedish origin. It offers packaging solutions, filling machines and processing solutions for dairy, beverages, cheese, ice-cream and prepared food, including distribution tools like accumulators, cap applicators, conveyors, crate packers, film wrappers, line controllers and straw applicators.

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