Overview of the GCC Packaging Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “GCC Packaging Market By Material, (Plastic, [PET Bottles, PET Jars, Thin Wall Plastic Containers, HDPE Bottles, Others], Metal, [Metal Food Cans, Metal Beverage Cans, Metal Tins, Aluminum Trays, Metal Bottles, Others], Glass, [Glass Bottles, Glass Jars], Paper and Paperboard, [Folding Cartons, Composite Containers, Board Tubs, Bags in Box], Others), By Packaging Type, (Rigid, [Flexible, Flexible Plastic, Flexible Paper, Flexible Aluminum, Blister & Strip Packs]), and Others, The GCC Packaging Market size is estimated to grow at a CAGR of around 4.3% during the forecast period, i.e., 2024–30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
GCC Packaging Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-2030): 4.3%
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GCC Packaging Market Trend:
Escalating Adoption of Sustainable Packaging Solutions – The heightened environmental awareness among consumers has spurred demand for eco-friendly alternatives, prompting businesses to prioritize sustainability in their packaging choices. Additionally, regulatory initiatives aimed at reducing plastic waste and promoting recycling have incentivized the shift towards sustainable packaging practices. Moreover, the influence of global sustainability trends and consumer preferences for brands that demonstrate environmental responsibility has further accelerated the uptake of eco-friendly packaging in the region.
A Comprehensive Analysis of Leading Companies of GCC Packaging Market by MarkNtel Advisors:
- Tetra Pak International
- Mondi PLC
- Najmuddin Packaging & Refilling Industry Llc.
- Aptar Group Inc.
- Can-pack SA
- Rotopacking Materials Ind. Co. LLC
- Gulf East Paper and Plastic Industries LLC
- Arabian Packaging LLC
- Amber Packaging Industries LLC
- Huhtamaki Flexibles UAE (Huhtamaki OYJ)
- Corys Packaging LLC
- Integrated Plastics Packaging LLC
- Others
Key GCC Packaging Market Segmentation:
-By Material
- Plastic
- Metal
- Glass
- Paper & Paperboard
The plastic segment is anticipated to hold a major share of the market during the forecast period, owing to surging demand for durable, versatile, and temperature-proof packaging products from the food and pharmaceutical industries.
-By End-User
- Food & Beverage
- Pharmaceutical
- Personal/Homecare
- Others
The food & beverage segment holds a major share of the GCC packaging industry. The region’s burgeoning population and thriving tourism industry drive a consistent demand for packaged food and beverages, necessitating efficient and attractive packaging solutions to meet diverse consumer preferences.
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/gcc-packaging-market.html
-By Packaging Type
- Rigid- Market Size & Forecast 2019-2030, USD Million
- Flexible- Market Size & Forecast 2019-2030, USD Million
Geographical Analysis
-By Country
- UAE
- Saudi Arabia
- Qatar
- Oman
- Kuwait
- Bahrain
The UAE is expected to hold a significant share of the GCC Packaging Market owing to the UAE’s diversified economy and thriving sectors such as retail, e-commerce, and tourism.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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