United Arab Emirate (UAE) Packaging Market 2022 Insights and Business Scenario - Arabian Packaging Co. LLC, Queenex Corrugated Carton Factory, Falcon Pack

Market Insights Reports has added new statistical data to its repository titled as, Global United Arab Emirate (UAE) Packaging Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The United Arab Emirate (UAE) Packaging market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The UAE packaging market was valued at USD 2813.5 million in 2020 and is expected to reach USD 6193.16 million at a CAGR of 4.6% during the forecast period of 2021 - 2026.

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Top Key Players in the Global United Arab Emirate (UAE) Packaging Market is Arabian Packaging Co. LLC, RAK Packaging Company Limited, Queenex Corrugated Carton Factory, Falcon Pack, World Pack Industries LLC, Universal carton Industries LLC, Express Pack Print, Green Packaging Boxes IND.LLC., Tarboosh Packaging Co LLC, Unipack Containers & Carton Products LLC, Rotopack LLC (Indevco Group), Al Rumanah Packaging, Al Salam Carton manufacturing LLC, and others. 

Industry News and Update:

- Jul 2020 - Huhtamaki launched a range of high-quality affordable and reusable face masks today. The Huhta Masks are suitable for everyday use and help reduce the spread of droplets into the environment. The comfortable masks are designed to be breathable and washable, and are made of high-quality fabric with anti-microbial and fluid repellent properties.

- Aug 2020 -INDEVCO Paper Containers Launched a New Social Distancing Product Line of corrugated separators to support implementation of social distance measures and maintain safety during COVID19. Responding to the social distancing guidelines imposed for COVID19, INDEVCO Paper Containers launched 100% recyclable, easily locked, and fast-forming corrugated separators used to maintain the appropriate distance, prevent close contact, and secure people’s health and safety in closed areas. This product line provides a lightweight, recyclable, safe and hygienic solution for COVID19 for the workplace, stores, and schools, with studies showing that the virus degrades rapidly on porous surfaces such as cardboard compared to other materials.

Market Overview:

- According to the World Bank, the share of the urban population in the United Arab Emirates increased from 84.42% in 2011 to 86.80% in 2019. The number of ex-pats in the United Arab Emirates is also growing, which is expected to positively impact the packaging market growth in various sectors.
- The UAE is one of the largest personal care markets in the Middle East due to its large population. It is becoming the local hub for the beauty and skincare industry. Moreover, the rise of beauty trends is heightened by social media exposure that encourages word of mouth and works as a useful marketing tool. According to Messe Frankfurt, in 2020, the sales value for the UAE's beauty industry is expected to be worth USD 2.7 billion.
- Thus, the personal care companies are investing in their packaging, vastly the packaging of their products, which always acts as a primary factor to gain attention. For instance, in September 2019, the luxury e-commerce brand Ounass launched eco-friendly boxes to demonstrate its initiatives towards sustainability. Such initiatives highlight the inherent rise in demand for the market studied.
- Moreover, multiple factors are influencing the trend of fast-food culture, which, in turn, is driving the market for food packaging. For instance, better cold chain infrastructure boosts consumer preference for frozen processed halal meat and poultry, cold drinks, and flavored milk across the country, which is tipped to drive industry growth to 2030.
- The Organic Trade Association estimates for 2020, that the forecasted value of organic packaged food and beverage consumption in the United Arab Emirates was over USD 51.2 million as against USD 27.3 million in 2014. As the packaging protects the contents from being crushed or squeezed or contaminated, the market being studied is presumed to grow due to increased packaged food and beverage consumption.

United Arab Emirate (UAE) Packaging Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Full Browse the report description and TOC:

https://www.marketinsightsreports.com/reports/02082592584/united-arab-emirate-uae-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=A28            

This Global United Arab Emirate (UAE) Packaging Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global United Arab Emirate (UAE) Packaging market:

– What are the recent developments and government policies?
– Why might we forecast a downturn in a particular economy next year?
– Why do we say the currency is set to appreciate?
– What countries and sectors offer the highest potential?
– Where are the greatest dangers?              

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– Free Country Level analysis for any 5 countries of your choice.

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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.

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