Middle East and Africa Flexible Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Middle East and Africa Flexible Packaging Market are expected to register a CAGR of 3.92% over the forecast period (2022 - 2027). Flexible packaging refers to using non-rigid materials to package items, entitling to more cost-effective and adaptable solutions. It is a relatively recent packaging method that has increased in popularity due to its superior efficiency and low cost.
Key HighlightsThe Middle East and Africa Flexible Packaging Market are moderately competitive, with multiple players in the market operating regionally. The market appears to be moderately concentrated, gradually moving towards the fragmented stage with the major vendors in the market adopting strategies such as product innovation and partnerships, among others, to expand their reach and stay competitive in the market. Some of the major players in the market are Amcor, Gulf Packaging Industries Limited, Napco Group, Uflex Limited, Coveris Management GmbH, BASF SE, Huhtamaki Group, Treofan Films, and Mondi Plc, among others.
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