The plastics industry should generate 3 billion dollars turnover in Morocco to 2023 2
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Juli Choquet
Wednesday 31 January 2018 Last update on Wednesday, January 31, 2018 At 1:58 PM

The Morocco Authority within the plastics industry actors published a report in which they presented the industrial ecosystem. This one could worth 3 billion dollars turnover and employ 475 000 people in 2023. Investigation over an extensive sector.

The plastics industry sector worth to have a look into it. The Moroccan authorities voted for an industrial acceleration plan between 2014 to 2020. The plastics industry accounts for 3 main sectors: in the agro-industries, the construction industry and the packaging industry.

Younes Lahlou, the president of the Moroccan Federation of plastics industry declared to our Ecofin Agency counterpart that the ecosystem has been conceived in Morocco in order to support companies and by the way creating jobs opportunities in the country.

After the official Moroccan data, the plastics industry register 650 companies. Together they are generating almost 1,5 billion of dollars turnover a year but the Moroccan officials think they could reach a bit more than 3 billion of dollars.

This is a great source of employment, with 475 000 jobs opportunity including 75 000 directly and 400 000 indirectly in 2023. Today the plastics industry is employing 352 000 people including 52 000 direct employees and 300 000 indirect employees.

The market assessed to 1,36 billion of dollars represent the second most important transformed market in the chemical industry. Over the last few years, the annual growth of the sector was turning around 50 %!

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