The Middle East and Africa Food Packaging Market was worth US$ 23.49 million in 2021, and it is assessed to arrive at a valuation of US$ 28.58 million by the finish of 2026, extending at a yearly development pace of 7.0% in the period of 2021 and 2026. The packaging is utilized as a food fenced area in different structures, for example, sacks, gathering packs, plate, boxes and jars.
Food packaging offers harm anticipation, security and synthetic, physical and organic advantages. Food is in the classification of buyer merchandise, so it is fundamental to save, ensure and evade epilepsy brought about by natural elements. Food packaging norms have been considered for difficulty-free transportation and appropriation, stockpiling and conveyance of food.
Key factors that drive the Middle East and Africa food packaging market development incorporate a more prominent interest for packaged and processed food sources, more noteworthy accessibility of a few helpful food alternatives, a more prominent interest for milk-based items, more noteworthy urbanization and recyclable and reusable jars. Significant impediments in the food packaging market incorporate expanded accessibility of elective packaging arrangements, alongside exacting government guidelines for safe packaging. Canned foods are one of the fundamental wellsprings of supplements as they shield food from outside conditions and give clean canned food sources.
Exacting guidelines on food packaging and materials that come into contact with food can confine the development of the food packaging market in a brief timeframe. Packaging innovation is important to offset food insurance with significant issues, for example, material and vitality costs, more prominent natural and social mindfulness, strong waste removal and exacting guidelines on contaminants.
By material, the MEA food packaging market is categorized as metal, paper & paperboard, glass, wood, and plastics. The paper and paperboard segment accounted for a noteworthy share due to its augmenting applications in food packaging of various food products likefruits, vegetables, and beverages. Glass segment is also experiencing a notable growth because of its ability to protect food products for an extended period compared to others. The properties of plastic like lightweight, cheaper costs, durability and others are making it a prominent choice among consumers around the world.
Based on the product, the MEA market is divided into rigid, semi-rigid, and flexible. Rigid packaging sector registered the most significant portion of this business due to its applications in the packing of vegetables, fruits, and other food products. Semi-rigid packaging is often employed for the packaging of food packaging to secure them from conditions like humidity, decay, and rough climates. Besides, flexible packaging is likely to retain tremendous need due to the mount in technological progressions and innovative solutions for product packaging.
As per application trends, the local market is segmented as bakery & confectionery, dairy products, fruits & vegetables, meat, poultry & seafood, sauces, dressings and condiments, and others. Amongst these, the bakery & confectionery segment is foreseen to continue its lion’s share in terms of value and volume over the calculated period. Food packaging recorded tremendous demand attributable to special packaging for various food products. Fruits and vegetables can be easily damaged when exposed to moisture and hence, need flexible packaging. Also, the rise in meat, poultry & seafood sector can be credited to the rising need for these products across the globe. Sauces and dressings are often marketed using rigid packaging as they are non-perishable in nature.
As indicated by topography, it is assessed that the Middle East food packaging market has a significant piece of the overall industry because of the higher utilization of canned refreshments and processed food sources and the more prominent interest for reasonable items in the locale. The noticeable areas in the Middle East and Africa market are Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa.
Key Players in the Market:
Major Key Players in the MEA Food Packaging Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Food Packaging Market, By Material
6.1.3 Paper & Paperboard
6.1.6 Market Size Estimations & Forecasts (2022 - 2027)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Food Packaging Market, By Product
6.2.4 Market Size Estimations & Forecasts (2022 - 2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Food Packaging Market, By Application
6.3.1 Fruits & Vegetables
6.3.2 Bakery & Confectionery
6.3.3 Dairy Products
6.3.4 Meat, Poultry & Seafood
6.3.6 Dressings and Condiments
6.3.7 Market Size Estimations & Forecasts (2022 - 2027)
6.3.8 Y-o-Y Growth Rate Analysis
6.3.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Middle East and Africa - Market Analysis (2022 - 2027)
7.2.1 By Country
184.108.40.206 Middle East
7.2.2 By Material
7.2.3 By Product
7.2.4 By Application
8. Key Player Analysis
8.1 Mondi Group
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Crown Holdings Inc
8.3 DS Smith Plc
8.4 Amcor plc
8.5 Berry Global Inc.
8.6 Orora Ltd
8.7 Owens-Illinois Inc
8.8 Ardagh Group S.A
8.9 Ball Corporation
8.10 CPMC Holdings Ltd
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.