GCC Flexible Packaging Market, By Material (Plastic, Paper, Metal, Bioplastic); By Packaging Type (Pouches, Rollstock, Bags, Films & Wraps, Others); By Printing Technology (Rotogravure, Flexography, Digital Printing, Others); By End User Industry (Food, Beverages, Pharmaceutical & Healthcare, Personal Care & Cosmetics, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
GCC Flexible Packaging Market Size Set to Touch USD 5.6 Billion by 2029
GCC flexible packaging market is gaining traction because of the increasing demand from the food industry and growing focus on eco-friendly packaging and recycled plastics.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the GCC flexible packaging market size at USD 4.2 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the GCC flexible packaging market size to grow at a CAGR of 4.2% reaching a value of USD 5.6 billion by 2029. The booming food and beverages industry, the availability and launch of a wide range of products, and the growing e-commerce sector are significant growth drivers for the GCC flexible packaging market.
GCC Flexible Packaging Market – Overview
Flexible packaging is a box or container made of flexible materials that can be effortlessly reshaped after filling or closing. It maintains the proper temperature, removes oxygen, and absorbs moisture to keep the product fresh throughout transit or its inactive life. Materials that break down easily, such as polyethylene, polyvinyl chloride, polypropylene, and polyester, are used to create this packaging. Flexible packaging has several uses and is appropriate for various businesses in the food, home, and personal use sectors.
GCC Flexible Packaging Market
Segmental Information
GCC Flexible Packaging Market – By Packaging Type
Based on packaging type, the GCC flexible packaging market is segmented into pouches, rollstock, bags, films & wraps, and others. The pouches segment holds the largest share in the GCC flexible packaging market owing to its prominent application in the food and beverages industry. Their small size proves to be convenient in transportation and storage as well as economical during shipping of the products. However, bags also cover a substantial market share. They are gaining significant traction in the e-commerce industry for the packaging of clothes and other consumer goods.
Impact of COVID-19 on the GCC Flexible Packaging Market
The GCC flexible packaging market grew dramatically as a result of the COVID-19 pandemic. The region's demand for packaged food and beverage goods surged as a result of the lockdown and the emergence of a remote working culture. Food manufacturers concentrate on using adaptable, affordable packaging materials that may provide their products with a longer shelf life during mass hoarding due to the spike in demand for packaged food and beverage products. As a result, the need for flexible packaging has increased in the GCC, driving the total market expansion.
Competitive Landscape
Major players operating in the GCC flexible packaging market include Bemis Company, Inc., Mondi plc, Huhtamaki Oyj, Sealed Air Corporation, Constantia Flexibles International GmbH, Sonoco Products Company, and Amcor Ltd.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the GCC Flexible Packaging Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the GCC Flexible Packaging Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. GCC Flexible Packaging Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rise in E-commerce
- 3.2.1.2. Growing Food and Beverage Industry
- 3.2.2. Restraints
- 3.2.2.1. Lack of Standardization
- 3.2.3. Opportunities
- 3.2.3.1. Advancement in Technology
- 3.2.4. Challenges
- 3.2.4.1. Regulatory Compliance and Safety
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. GCC Flexible Packaging Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Material
- 4.2.1.1. Plastic
- 4.2.1.2. Paper
- 4.2.1.3. Metal
- 4.2.1.4. Bioplastic
- 4.2.2. By Packaging Type
- 4.2.2.1. Pouches
- 4.2.2.2. Rollstock
- 4.2.2.3. Bags
- 4.2.2.4. Films & Wraps
- 4.2.2.5. Others
- 4.2.3. By Printing Technology
- 4.2.3.1. Rotogravure
- 4.2.3.2. Flexography
- 4.2.3.3. Digital Printing
- 4.2.3.4. Others
- 4.2.4. By End User Industry
- 4.2.4.1. Food
- 4.2.4.2. Beverages
- 4.2.4.3. Pharmaceutical & Healthcare
- 4.2.4.4. Personal Care & Cosmetics
- 4.2.4.5. Others
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. GCC Flexible Packaging Company Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on GCC Flexible Packaging Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Bemis Company, Inc
- 7.2. Mondi plc
- 7.3. Huhtamaki Oyj
- 7.4. Sealed Air Corporation
- 7.5. Constantia Flexibles International GmbH
- 7.6. Sonoco Products Company
- 7.7. Amcor Ltd.
- 7.8. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Country
- 9.5. Assumptions & Limitations
- *Financial information of case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 GCC Flexible Packaging Segmentation
- Figure 2 GCC Flexible Packaging Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 GCC Flexible Packaging Market Size, By Value (USD Billion), 2019–2029
- Figure 5 GCC Flexible Packaging Market Share, By Material, By Value, 2019–2029
- Figure 6 GCC Flexible Packaging Market Share, By Packaging Types, By Value, 2019–2029
- Figure 7 GCC Flexible Packaging Market Share, By Printing Technology, By Value, 2019–2029
- Figure 8 GCC Flexible Packaging Market Share, By End User Industry, By Value, 2019–2029
- List of Tables
- Table 1 GCC Flexible Packaging Market Size, By Value (USD Billion), 2019–2029
- Table 2 GCC Flexible Packaging Market Size, By Material, By Value, 2019–2029
- Table 3 GCC Flexible Packaging Market Size, By Packaging Types, By Value, 2019–2029
- Table 4 GCC Flexible Packaging Market Size, By Printing Technology, By Value, 2019–2029
- Table 5 GCC Flexible Packaging Market Size, By End User Industry, By Value, 2019–2029
- Table 6 Bemis Company, Inc Company Overview
- Table 7 Bemis Company, Inc Financial Overview
- Table 8 Mondi plc Company Overview
- Table 9 Mondi plc Financial Overview
- Table 10 Huhtamaki Oyj Company Overview
- Table 11 Huhtamaki Oyj Financial Overview
- Table 12 Sealed Air Corporation Company Overview
- Table 13 Sealed Air Corporation Financial Overview
- Table 14 Constantia Flexibles International GmbH Company Overview
- Table 15 Constantia Flexibles International GmbH Financial Overview
- Table 16 Sonoco Products Company: Company Overview
- Table 17 Sonoco Products Company Financial Overview
- Table 18 Amcor Ltd Company Overview
- Table 19 Amcor Ltd Financial Overview
Research Assistance
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