MEA Canned Food Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR (2024 - 2029) | 7.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Canned Food Packaging Market Analysis
The MEA Canned Food Packaging Market is expected to register a CAGR of 7.10% during the forecast period.
Increased access to a wide range of convenient food options, increased demand for milk-based products, rising urbanization, and can capacities that are recyclable and reusable are all contributing to the market's growth in this region.
- Canning is a technique for keeping and preserving food that involves heating the degrading enzymes and enclosing them in an airtight container. Depending on the product, it's a cheap technique to keep food fresh for longer. Canned foods are widely utilized because they can be used to keep meals warm and are free of microbial contamination.
- The market is primarily driven by escalating demand for packaged and processed foods, the development of quick-to-eat options, increasing demand for milk-based products, increasing urbanization, and the ability of cans to be recycled and reused. Significant obstacles for the canned food packaging industry include the increased accessibility of alternative packaging solutions and strict government regulations concerning safe packaging.
- Future market growth for canned foods will primarily be driven by Saudi Arabia's expanding urban population, the country's expanding expat community, the rising participation of women in the labor force, and the explosive growth of product and packaging innovations.
- Premium meats, such as quail and camel, have been seeing a growth in demand and may continue to do so due to the wealth of the society and increasing purchasing power, creating considerable prospects for the market under study.
MEA Canned Food Packaging Market Trends
Growing Popularity For Seafood is Expected to Drive Market Growth
- The expanded range of meat products in the market in the shape of fish, prawns, shrimp, and other seafood drives the growth of the canned food packaging market in this region. Additionally, customers in the area are being drawn to buy canned seafood items due to the supposed health benefits of eating seafood.
- Due to its various health benefits, sustainably obtained seafood is becoming more and more popular throughout the area, but especially in the countries of the Middle East. Consumers are looking for meat products from sources other than conventional ones, such as chicken, mutton, beef, lamb, etc. As a result, there is a significant market demand for fish, prawns, shrimp, lobster, crab, and other seafood items.
- Additionally, with the expanded availability of canned seafood through various distribution channels, which is boosting the canned seafood market, cans are predicted to become a well-liked food packaging material. Notably, per capita spending on fish goods has increased in recent years in nations like Saudi Arabia and the United Arab Emirates
United Arab Emirates is Expected to Show Significant Growth Rate
- The United Arab Emirates is expected to dominate the canned food packaging market in the MEA region, owing to the increasing demand for organic foods in the country.
- Furthermore, the growing ex-pat population, which comprises of around 85% of the total population in the United Arab Emirates, is further expected to help drive the market for canned food products, due to the ease of convenience.
- A considerable shift in consumer behavior, particularly among millennials and other younger generations, is a key trend in the market. Due to customers' increased willingness to try new products, especially those made with natural and organic ingredients, canned food packaging should see significant growth in the coming years.
- Furthermore, people in the UAE are spending more money due to the rising GDP and disposable income, driving the adoption of premium and eco-friendly packaging materials like metal packaging products. The convenience food and beverages market has shown remarkable growth as incomes and young consumers have grown due to rapid urbanization. Additionally, the buyer is encouraged to look for convenience in regular products like food due to working professionals' hectic schedules.
MEA Canned Food Packaging Industry Overview
The Middle East and Africa canned food packaging market is moderately competitive with several packaged food manufacturers thriving to achieve a higher share in the market by innovating their offerings and widening the distribution of the products in the retail markets all across the region.
- November 2022 - Hotpack Global, the industry pioneer for food packaging with headquarters in the United Arab Emirates, has opened a manufacturing facility in Qatar.The facility represents the company's global aim to become the leading global food packaging brand by 2030, is the 15th Hotpack-owned and operated factory worldwide.
MEA Canned Food Packaging Market Leaders
-
Ball Corporation
-
Crown Holdings
-
Can-Pack SA
-
Graham Packaging
-
Amcor PLC
*Disclaimer: Major Players sorted in no particular order
MEA Canned Food Packaging Market News
- November 2022: SIG introduced a latest range of F&B solutions at the Gulfood Manufacturing 2022 trade show in Dubai, UAE, as the products’ debut in Middle East and African markets. For retail, institutional, and industrial applications, the redesigned range offers two aseptic carton versions, bag-in-box, and spouted pouch solutions.
- May 2022: In order to boost export growth, Pakistan Aluminium Beverage Cans Limited (PABC), Pakistan's first independent aluminum beverage can manufacturer, is exploring new clients in South Asia, Central Asian countries, Africa, and the Middle East.
MEA Canned Food Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Technology Snapshot
4.5 Assessment of Impact of COVID-19 on the United States Contract Packaging Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand for Convenience by Consumers
5.1.2 Increase in Disposable Income and Changing Consumer Behaviour
5.2 Market Restraints
5.2.1 Government Regulations and Intervention
6. MARKET SEGMENTATION
6.1 By Primary Material
6.1.1 Glass
6.1.2 Paper
6.1.3 Metal
6.1.4 Plastic
6.2 By Type of Food Product
6.2.1 Readymade Meals
6.2.2 Fruits and Vegetables
6.2.3 Meat
6.2.4 Sea Food
6.3 By Type of Packaging
6.3.1 Bags
6.3.2 Boxes
6.3.3 Cans
6.3.4 Cartons
6.3.5 Trays
6.3.6 Wrappers
6.4 By Country
6.4.1 Saudi Arabia
6.4.2 United Arab Emirates
6.4.3 South Africa
6.4.4 Israel
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Pactiv Evergreen
7.1.2 Amcor Plc
7.1.3 Genpak
7.1.4 Graham Packaging
7.1.5 Ball Corporation
7.1.6 Crown Holdings
7.1.7 Tetra Pak International
7.1.8 Can-Pack SA
7.1.9 Nampak Packaging
7.1.10 CanSmart (Pty) Ltd.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
MEA Canned Food Packaging Industry Segmentation
Canning is a major food packaging technique used primarily to preserve food against contamination and maintain its hygiene value for an extended period. Increasing consumption of packaged foods is expected to drive the market's growth.
Middle East and Africa Canned Food Packaging Market is segmented by Primary Material (Glass, Paper, Metal, Plastic), Type of Food Product (Readymade Meals, Fruits and Vegetables, Meat, Sea Food), and Type of Packaging (Bags, Boxes, Cans, Cartons, Trays, Wrappers). The market sizes and values are provided in terms of value in USD for all the above segments.
| By Primary Material | |
| Glass | |
| Paper | |
| Metal | |
| Plastic |
| By Type of Food Product | |
| Readymade Meals | |
| Fruits and Vegetables | |
| Meat | |
| Sea Food |
| By Type of Packaging | |
| Bags | |
| Boxes | |
| Cans | |
| Cartons | |
| Trays | |
| Wrappers |
| By Country | |
| Saudi Arabia | |
| United Arab Emirates | |
| South Africa | |
| Israel |
MEA Canned Food Packaging Market Research Faqs
What is the current MEA Canned Food Packaging Market size?
The MEA Canned Food Packaging Market is projected to register a CAGR of 7.10% during the forecast period (2024-2029)
Who are the key players in MEA Canned Food Packaging Market?
Ball Corporation, Crown Holdings, Can-Pack SA, Graham Packaging and Amcor PLC are the major companies operating in the MEA Canned Food Packaging Market.
What years does this MEA Canned Food Packaging Market cover?
The report covers the MEA Canned Food Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Canned Food Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Canned Food Packaging Industry Report
Statistics for the 2024 MEA Canned Food Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Canned Food Packaging analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
