Middle East and Africa Packaging Materials Market
Middle East and Africa packaging materials market is expected to reach USD 43.45 billion by 2031 from USD 35.02 billion in 2023, growing with a CAGR of 2.81% in the forecast period of 2024 to 2031.
Market Segmentation:Middle East and Africa Packaging Materials Market, By Material Type (Plastic, Paper & Cardboard, Metal, Glass, Wood, Textile, and Others), Product (Corrugated Boxes, Bottles & Cans, Containers & Jars, Bags, Pouches & Wraps, Films, Boxes & Crates, Flexible Pouches, Blister Packaging, Clamshells, Shrink Film Tubing, Closures & Lids, Strapping, Polybags, Drums & IBC, Roll Bags, Carded Packaging, Shrink Bands, and Others), Material Form (Flexible and Rigid), Packaging Type (Primary Packaging, Secondary Packaging, and Tertiary Packaging), End-Use (Food & Beverage, Personal Care & Cosmetics, Medical, Electrical & Electronics, Homecare, Chemicals, Industrial Packaging, Agriculture, and Others), Countries (Saudi Arabia, South Africa, U.A.E., Egypt, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of the Middle East and Africa Packaging Materials Market:Driver
• Positive outlook towards packaged foods and beverages
Restraint
• Fluctuation in raw material prices
Opportunity
• Development of smart packaging
Market Players:
The key players operating in the Middle East and Africa packaging materials market are:
• Exxon Mobil Corporation
• Amcor plc
• INEOS
• Dow
• Stora Enso
• SABIC
• International Paper
• WestRock Company
• Braskem
• Tata Steel
• NIPPON STEEL CORPORATION
• LyondellBasell Industries Holdings B.V.
• ArcelorMittal
• UPM
• Chevron Phillips Chemical Company LLC
• Mondi
• NIPPON PAPER INDUSTRIES CO., LTD.
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