Nigeria’s manufacturing sector has been identified as a key driver of economic growth, with the nation’s packaging market now valued at $2.5 billion, according to industry experts.
George Pearson, Regional Director of Montgomery Group, disclosed the figures at the 12th edition of Propak West Africa, the region’s leading trade exhibition for packaging, plastics, printing, and processing. He noted that the sector is projected to expand by 5 percent annually.
“The latest GDP figures show that the packaging industry contributes 10 percent to Nigeria’s economy,” Pearson said. “The manufacturing sector overall remains crucial, contributing 9.6 percent to GDP despite global headwinds.”
He highlighted a growing trend toward local sourcing, with many factories now procuring more than half of their inputs domestically. “This shortens supply chains, improves compliance with international standards, and positions West Africa as a potential hub for quality, sustainable packaging,” he added.
Pearson said Propak West Africa was designed to drive innovation in the industry, connecting people, technology, and ideas to support Nigeria’s industrial growth.
Also speaking at the event, Segun Alabi, Assistant Director of Corporate Affairs and Communications at the Manufacturers Association of Nigeria (MAN), emphasized the association’s focus on sustainability and renewable energy.
“Our priority is promoting alternative power sources, particularly solar, to ensure that manufacturing is environmentally friendly and efficient,” Alabi said. “We are working closely with our members to help them achieve full capacity utilization through sustainable energy solutions.”
Industry stakeholders at the event agreed that innovation, sustainability, and local sourcing remain critical for strengthening Nigeria’s manufacturing sector and positioning it for regional competitiveness.
