Middle East and Africa Contract Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Middle East and Africa contract packaging market are expected to register a CAGR of 9.38% over the forecast period. Lockdown and social norms that encourage distance have caused the contract packaging market in e-commerce to explode. In order to keep up with the growing demand, businesses outsource their packaging end-to-end or standalone services to consumers who prefer to shop online.
Key HighlightsThe Middle East and Africa Contract Packaging market are moderately fragmented. The development of regional markets and increasing shares of local players in foreign direct investments are the major factors promoting the fragmented nature of the market.
December 2021 - Paperboard packaging solutions provider Premier Packaging is expected to start operations at the new facility in February 2022.The step will more than double Premier Packaging’s operating space to over 105,000ft^2 from approximately 42,000ft^2.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook