Press release
MENA Thermoform Plastic Packaging Market 2021-2026 skyrocketed revenue with key players lnterplast (Harwal Group of Companies), Precision Plastic Products Co. (L.L.C.), Cristal Plastic Industrial LLC
Latest research on MENA Thermoform Plastic Packaging Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the MENA Thermoform Plastic Packaging market. This report included a special section on the Impact of COVID19. Also, MENA Thermoform Plastic Packaging Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the MENA Thermoform Plastic Packaging industry.MENA Thermoform Plastic Packaging market is growing at a CAGR of 5.2% during the forecast period (2021-2026).
The MENA Thermoform Plastic Packaging market is highly competitive and consists of a number of major players. Top Companies like lnterplast (Harwal Group of Companies), Precision Plastic Products Co. (L.L.C.), Cristal Plastic Industrial LLC, Nuplas Industries, Arabian Plastics Industrial Company Limited (APICO), Takween Advanced Industries, Napco National, Pacakging Products Co. (PPC), A1 Industry Plastic Products, Al Jabri Plastics, Nascho General Trading LLC, Ghanplast (AL-Ghandoura Co. Manuf. Plastic)
Download PDF Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/07202153588/mena-thermoform-plastic-packaging-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=VIIIXX
Industry News And Developments:
- April 2020 - Thermoform Engineered Quality LLC, continues to deliver a range of medical packaging solutions for customers working to address critical health needs related to COVID-19. Its packaging range includes procedure sets, trays, tubs, lids, and sterile barrier blisters and seal blisters. The company also manufactures custom thermoformed handling trays, including dry powder inhalers, auto-injectors, injection-molded components, pre-filled syringes, and pharmaceutical bottles that are produced in its cleanrooms based in both the United Kingdom and Poland.
- January 2020 Sonoco Healthcare Packaging group, global packaging company, has completed the acquisition of Thermoform Engineered Quality LLC and Plastique Holdings Ltd., a global manufacturer of thermoformed packaging serving the medical device and consumer markets. Sonoco acquired TEQ from ESCO Technologies Inc. for USD 187 million.
Scope of the Report
- Saudi Arabia is one of the largest and most attractive foods and beverage markets in the Middle East. The growth in this region is being driven by several factors, such as expanding population and the increase in Hajj and Umrah visitors. Moreover, there is a 10% increase in food imports that is expected to reach USD 35 billion by 2020 due to the prospect of significant import-substitution opportunities to serve the untapped demand for a local dairy, meat and fruit products. This is expected to drive the thermoform plastic packaging market in the food and beverage industry of Saudi Arabia.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/07202153588/mena-thermoform-plastic-packaging-market-growth-trends-and-forecast-2020-2025?Mode=VIIIXX
Key Market Trends
Food and Beverage Sector Will Experience Significant Growth
- Food consumption in the United Arab Emirates is growing due to the influx of tourists, and growth in the overall population. Food consumption in the Gulf Cooperation Council (GCC) as a whole is expected to expand at a compound annual growth rate (CAGR) of 4.2% or 48.1 million metric tons in 2016 to 59.2 million metric tons in 2021. Additionally, rising income has led to changing and increasingly globalized diets, as well as sedentary lifestyles that have resulted in a rise in the consumption of processed food and, are driving the growth of the thermoform packaging market.
- The United Arab Emirates has a favorable environment for the food & beverage business according to the BMI Risk/Reward Index. It has the first rank in the region and fourth globally in food and beverage investment environment attractiveness. According to the report, the import net of re-exports was around AED 43 billion, with a domestic consumption size of AED 112 billion. 62% of the domestic food and beverage needs are derived from the local manufacturing industry that accounts for AED 69 billion. And so, the food and beverage sector is by far one of the most important manufacturing sectors and many companies have expanded and developed over the years.
Pharmaceutical Industry is Expected to Hold Significant Market
- The pharmaceutical sector in the Middle East and North Africa (MENA) has experienced remarkable growth over the past years and is estimated to reach around USD 60 billion by 2025, with USD 1.2 billion allocated for the healthcare system in the budget 2019. A rapid increase in population (aging), affordable access to the health care system, increased demand for over the counter drugs, and other general health and hygiene consumables has attracted the attention of multinational pharma companies to augment the investment in MENA countries.
- For instance, Emerson has invested USD 25 million and build a new technology and innovation center in Saudi Arabia to support the objectives of Saudi Vision 2030. It is the leading automation partner of pharmaceutical manufacturers globally to support their facilities to achieve top performance by world-class technology solutions.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: MENA Thermoform Plastic Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Place a Direct Purchase Order @
https://www.marketinsightsreports.com/report/purchase/07202153641?mode=s?Mode=VIIIXX
We Offer Customization On Report Based On Specific Client Requirement:
Free country Level analysis for any 5 countries of your choice.
Free Competitive analysis of any 5 key market players.
Free 40 analyst hours to cover any other data point.
Market Report in PDF and Excel format.
Access to 15% free customization.
Access to our analyst’s expertise for the next 1 year.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release MENA Thermoform Plastic Packaging Market 2021-2026 skyrocketed revenue with key players lnterplast (Harwal Group of Companies), Precision Plastic Products Co. (L.L.C.), Cristal Plastic Industrial LLC here
News-ID: 2369369 • Views: …
More Releases from Market Insights Reports

Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world.
Some of the key players…

Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…

Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…

Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…