Segments - Middle East & Africa Protective Packaging Market by Material Types(Paperboard, Plastics, and Paper), Product Types(Foam Based, Rigid, and Flexible), End-user Verticals (Beauty & Homecare, Food & Beverage, Consumer Electronics, and Pharmaceutical), and Geography (Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa)–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
The Middle East & Africa protective packaging market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.6% during 2023–2031. Growth of the market is attributed to increasing internet usages in region, rising demand for smartphone’s, and rapidly growing social media penetration.
To protect the product from damage & potential harm the protective packaging materials are built while warehousing and shipping of the product. On the basis of application as a secondary and primary packaging the protective packaging can be used. The selection of packaging which is suitable for anti-static packaging needs is depend on the type of industry & product where it is used as protective packaging. Factors such as dimensional specifications, product type, material, and other features need to be considered during the selection.
The Covid-19 pandemic affected the demand and supply of Middle East & Africa protective packaging market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Increasing trend of sustainability is projected to boost the market in the coming years.
Rapid development in e-commerce industry is major factor fueling the market during the forecast period.
High cost of protective packaging services is anticipated to hamper market growth.
Lack of awareness about protective packaging is projected to hamper the market growth in the coming years.
R&D investment and technological advancement in protective packaging is projected to create lucrative opportunities for the market players.
The report on the Middle East & Africa protective packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Middle East & Africa Protective Packaging Market– Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Segmentation |
Material Types (Paperboard, Plastics, and Paper), Product Types (Foam Based, Rigid, and Flexible), End-user Verticals (Beauty & Homecare, Food & Beverage, Consumer Electronics, and Pharmaceutical) |
Geographical Scope |
Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Rotopak U.A.E; Storopack Hans Reichenecker GmbH; International Paper Company; Crown Holding Inc.; Sealed Air Corp.; DS Smith PLC; Huhtamaki Oyj; Sonoco Products Company; and Riverside Paper Co. |
Based on end-user verticals, the Middle East and Africa protective packaging market is categorized into beauty & homecare, food & beverage, consumer electronics, and pharmaceutical. The beauty & homecare segment accounts for a key share of the market. Growth of the market is attributed to low prices of packaging and wide range of availability of product for selection. However, the food & beverages segment are anticipated to expand at a rapid pace during the forecast period due to more convenient method for purchasing and increasing demand for electronics & beauty products.
On the basis of product types, the market is fragmented into foam based, rigid, and flexible. The flexible segment is anticipated to hold the significant market share during the forecast period. Growth of the market is attributed to rapidly growing economy and rapid adoption of protective packaging. However, the foam-based segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing population and increasing per capita income.
Based on material types, the Middle East & Africa protective packaging market is divided into paperboard, plastics, and paper. The plastics segment accounts for major share of the market. Growth of the market is attributed to increasing usages of protective packaging in cosmetic sector and wide range of discount price on protective packaging. The paperboard segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing expenditure on online shopping and rising demand for corrugated protective formats.
On the basis of region, the Middle East & Africa protective packaging market is categorized as Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa. The market of Saudi Arabia is anticipated to expand at a high CAGR during the forecast period due to increasing technological innovation in packaging materials and increasing investment by private sector. Growth of the market is attributed to presence of major market players in the region, increasing industrialization, and growing trend for e-commerce sector.
The Middle East & Africa protective packaging market has been segmented on the basis of
Key players competing in the Middle East & Africa protective packaging market include Rotopak U.A.E; Storopack Hans Reichenecker GmbH; International Paper Company; Crown Holding Inc.; Sealed Air Corp.; DS Smith PLC; Huhtamaki Oyj; Sonoco Products Company; and Riverside Paper Co.
Some of these players are using several market strategies such as capacity expansion, product launches, merger, partnerships, collaborations, and acquisitions to enhance their market shares and raise their production line of the business in the coming years.