Market Size of Middle East Corrugated Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.58 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Middle East Corrugated Packaging Market Analysis
Middle East Corrugated Packaging Market was valued at USD 6.42 billion in the previous year, and it is expected to register a CAGR of 2.58%, reaching USD 7.44 billion tonnes in the next five years.
- Corrugated products protect fragile, heavy, bulky, or high-value products during storage and transportation. Multi-layer corrugated packaging adds rigidity to packaged products, making them stronger than regular corrugated boards. The market is expanding to meet the demand for corrugated products in the construction and electronics industries.
- The market for corrugated packaging products is expanding in the Middle East, mainly owing to the growing awareness of the need to lessen the carbon impact of traditional packaging materials. To reduce the use of non-renewable resources by limiting trash output in the nation, the Qatari government launched several green economy programs under the National Vision 2030.
- Strict enforcement of laws banning single-use plastics in the United Arab Emirates, Saudi Arabia, and other countries has increased the need for environmentally friendly packaging solutions, especially paper.The demand for convenience foods is on the rise due to the busy lifestyle of people. As corrugated box packaging keeps moisture away from the products and withstands long shipping times, companies are increasingly adopting it to offer customers better outcomes, especially as a means of secondary or tertiary packaging.
- The reliable, durable, and easily transportable corrugated boxes have been around for over a few years. However, longevity comes with challenges. Corrugated cardboard is made from cellulose fibers, virgin or recycled from used corrugated cardboard or other materials. The corrugated board industry is challenged with soaring raw material prices and bottlenecks in raw material supply. Severe shortages and unprecedented price increases push manufacturers to the brink of closure.
- The COVID-19 pandemic impacted the packaging industry negatively, resulting in lockdowns, corporations shifting their sourcing away from China, and reconsidering packaging materials. Despite a significant effect on the supply side of packaging, considerable growth in the end-user demand in specific applications significantly expanded the scope of the corrugated packaging industry.
Middle East Corrugated Packaging Industry Segmentation
A corrugated box is a suitable secondary or tertiary packaging solution for various end-user industries, including electrical goods, food, personal care, and cosmetics. Furthermore, the corrugated box ships goods to a retailer, where the boxes deliver vegetables or other foodstuffs. The study covers the corrugated packaging market tracked in terms of consumption and the sales of different corrugated packaging products offered by various vendors operating in the market.
The Middle East Corrugated Packaging Market is Segmented by Type (Slotted Containers, Die Cut Containers, Five Panel Folder Boxes, Other Types), End User (Food, Beverages, Electrical Goods, Personal Care and Household Care, Other End Users), and Country (Saudi Arabia, United Arab Emirates, Iraq, Jordan, Rest of the Middle East). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
By Type | |
Slotted Containers | |
Die Cut Containers | |
Five Panel Folder Boxes | |
Other Types |
By End User | |
Food | |
Beverages | |
Electrical Goods | |
Personal Care and Household Care | |
Other End Users |
By Country | |
Saudi Arabia | |
United Arab Emirates | |
Iraq | |
Jordan | |
Rest of the Middle East |
Middle East Corrugated Packaging Market Size Summary
The Middle East corrugated packaging market is experiencing growth driven by the increasing demand for sustainable and environmentally friendly packaging solutions. This expansion is largely attributed to the region's efforts to reduce the carbon footprint of traditional packaging materials, supported by government initiatives like Qatar's National Vision 2030. The strict regulations against single-use plastics in countries such as the United Arab Emirates and Saudi Arabia have further propelled the demand for paper-based packaging. The rise in e-commerce and the busy lifestyles of consumers have also contributed to the growing need for corrugated packaging, which offers durability and protection for products during transportation and storage. Despite challenges such as rising raw material costs and supply chain bottlenecks, the market is poised for growth, particularly in the food and beverage sector, which is a significant consumer of packaging materials in the region.
Saudi Arabia, in particular, is witnessing a surge in demand for corrugated packaging due to its expanding consumer base and industrial activities beyond the oil and gas sector. The country's Vision 2030 initiative has spurred growth in e-commerce, further boosting the need for packaging solutions. The food manufacturing industry in Saudi Arabia is rapidly growing, driven by population growth, increased income, and government support, which in turn is fueling the demand for packaged foods. The retail market is also expanding, with a focus on retail-ready packaging to enhance efficiency and product availability. The competitive landscape in the Middle East corrugated packaging market is marked by the presence of multiple local vendors, with companies like Arabian Packaging Co. LLC, Napco National, and United Carton Industries Company leading the charge in meeting the region's packaging needs.
Middle East Corrugated Packaging Market Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Ecosystem Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Assessment of the Impact of the Recent Ukraine-Russia Standoff on the Packaging Machinery Industry
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1.5 Raw Material Trends
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1.6 Product Definitions and Specification
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1.7 Import - Export Analysis
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Slotted Containers
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2.1.2 Die Cut Containers
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2.1.3 Five Panel Folder Boxes
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2.1.4 Other Types
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2.2 By End User
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2.2.1 Food
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2.2.2 Beverages
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2.2.3 Electrical Goods
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2.2.4 Personal Care and Household Care
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2.2.5 Other End Users
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2.3 By Country
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2.3.1 Saudi Arabia
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2.3.2 United Arab Emirates
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2.3.3 Iraq
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2.3.4 Jordan
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2.3.5 Rest of the Middle East
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Middle East Corrugated Packaging Market Market Size FAQs
What is the current Middle East Corrugated Packaging Market size?
The Middle East Corrugated Packaging Market is projected to register a CAGR of 2.58% during the forecast period (2024-2029)
Who are the key players in Middle East Corrugated Packaging Market ?
Arabian Packaging Co. LLC, Queenex Corrugated Carton Factory, United Carton Industries Company (UCIC), Napco National and Falcon Pack are the major companies operating in the Middle East Corrugated Packaging Market .