Matip is a regular in the Liverpool side, playing next to Virgil Van Dijk in defense.
He scored to help his side defeat Arsenal 3-1 at the weekend.
But Matip is out of contract next summer and Owen does not see him at Liverpool a few years down the road.
"But over the last season or so, Matip has just, you can't hardly drop him, if you do you're resting him and bringing him straight back in.
"So full marks to Matip, I mean he's been absolutely brilliant.
"Last season in the Champions League he was brilliant and the Premier League as well.
"He's just turned over a new leaf in the last season or so."