Market Share of MEA Pouch Packaging Industry
The Middle East and Africa pouch packaging market is fragmented due to the presence of several global players. Some major players are Amcor PLC, Coveris Management, Sealed Air Corporation, Mondi Group, and Constantia Flexibles Group GmbH. The players are expected to leverage the opportunity posed by the growth of several end-user verticals and are innovating to expand their market presence.
- April 2023: Hotpack Global, a UAE-based disposable packaging manufacturer and supplier, announced the development of a specialized food packaging project in Saudi Arabia. As part of the agreement, Hotpack Global will work with the Saudi Ministry of Industry to use certain agricultural waste as one of the basic components of raw materials for both future manufacturing and production input. The seven-year project costs SAR 1 billion (USD 266 million) and is claimed to be one of the largest specialized food packaging projects in Saudi Arabia.
- March 2023: Hexxa Flexible Packaging, a UAE-based provider of flexible packaging solutions, announced the purchase and installation of two new machines to address the growing regional demand for impactful flexible packaging. The company has purchased a high-speed slitting machine and an inspection rewind machine to foster Hexxa’s existing capabilities, which include two rotogravure printing presses, a narrow-web UV flexo press, lamination, slitting, pouching, and PVC-shrink sleeving machines. The new slitter is set to offer greater precision, consistency, and speed at 600 meters per minute, while the inspection rewind machine is equipped with a 100% defect detection system, enabling thorough examination of materials for printing defects and inconsistencies.
MEA Pouch Packaging Market Leaders
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Amcor PLC
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Sealed Air Corporation
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Mondi Group
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Constantia Flexibles Group GmbH
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Coveris Management GmbH
*Disclaimer: Major Players sorted in no particular order