Middle East And Africa Plastic Bottles Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Middle East And Africa Plastic Bottles Market Analysis

The Middle East And Africa Plastic Bottles Market size is estimated at USD 528.82 million in 2024, and is expected to reach USD 680.24 million by 2029, growing at a CAGR of 5.16% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 550.83 thousand tonnes in 2024 to 695.99 thousand tonnes by 2029, at a CAGR of 4.79% during the forecast period (2024-2029).

• According to the Economic Research Forum, the Middle East and North Africa experienced a modest growth of 1.9% in 2023, with projections for 2024 at 2.7%. Factors such as a burgeoning population, heightened urbanization, and a surge in tourism, especially in the United Arab Emirates, Saudi Arabia, and South Africa, are driving the region's packaging industry.
• With the rapid expansion of the food retail industry, there is a corresponding increase in the demand for plastic bottles. Data from the United States Department of Agriculture (USDA) highlights that Saudi Arabia's food retail sales hit around USD 58 billion in 2023, with a projected growth of about 4% in 2024. This robust expansion has spurred major retailers to broaden their horizons.
• In 2023, the United Arab Emirates saw a notable uptick in tourism, largely fueled by an influx of meetings, conferences, and exhibitions. Coupled with this, the United Arab Emirates's food e-commerce retail sales touched USD 1.07 billion in 2023, further amplifying the demand for plastic bottles.
• Regional giants such as Alpla Group and Berry Global Inc. are doubling down on sustainability, focusing on plastic recycling and the use of post-consumer recycled plastic (PCR) in their products. A testament to this commitment, in May 2024, Alpla Group, an Austria-based manufacturer with a significant presence in the Middle East, forged a partnership with Re-Purpose, channeling a hefty EUR 60 million (USD 65.96 million) into a new recycling plant in South Africa. This facility is expected to charge over 35,000 tonnes of recycled PET (rPET) each year.
• However, the region grapples with mounting environmental concerns surrounding plastic bottle waste, posing a significant hurdle to market growth. As consumerism swells and the population expands, the challenge of plastic waste looms larger, especially with increasing leaks into the environment, thus hampering the market growth.

Middle East And Africa Plastic Bottles Market Trends

The Beverage Segment is Expected to Dominate the Market

Middle East And Africa Plastic Bottles Industry Segmentation

The scope of the study characterizes the plastic bottles market based on the raw materials of the product, including PP, PE, PET, and other raw materials used across various end-user industries such as food, pharmaceuticals, beverages, personal care, toiletries, and more across various countries. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.

The Middle East and African plastic bottles market is segmented by resin (polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), and other resins), end-user industries (food, beverages (bottled water, carbonated soft drinks, alcoholic beverages, juices and energy drinks, and other beverages (powdered and dairy-based beverages), pharmaceuticals, personal care and toiletries, household chemicals, paints and coatings, and other end-user industries), and geography (Saudi Arabia, United Arab Emirates, South Africa, Egypt, Nigeria, Morocco, and the Rest of Middle East and Africa). The market sizes and forecasts are provided in terms of value USD) and volume (tonnes) for all the above segments.