Middle-East and Africa Alcoholic Drinks Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Middle-East and African alcoholic drinks packaging market is expected to record a CAGR of 3.8% during the forecast period (2022-2027). The increasing consumer spending ability on recreational activities and growing social acceptance of alcoholic drinks have led to a sustained increase in the demand for alcoholic drinks in the region, which influences the packaging market. Packaging has played an essential role since it gives a distinctive appearance to the wide range of offerings by alcoholic drink manufacturers. For instance, Huhtamaki introduced pocket shot pouches and thermoformed packs, which are innovative new concepts that provide the consumer with 'Grab and Go' and user-friendly packaging for alcoholic beverages.
Key HighlightsThe availability of several players providing packaging solutions for alcoholic beverages has intensified the competition in the market. Therefore, the Middle-East and African alcoholic drinks packaging market is moderately fragmented, with many companies developing expansion strategies. Some of the recent developments are:
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