United Arab Emirate (UAE) Packaging Market 2022 Analysis by Top Leading Players- Arabian Packaging Co. LLC, RAK Packaging Company Limited, Queenex Corrugated Carton Factory, Falcon Pack

The United Arab Emirate (UAE) Packaging Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the United Arab Emirate (UAE) Packaging Market forecast 2026.    

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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The United Arab Emirate (UAE) Packaging market is highly competitive and consists of a number of major players. Companies like 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 Amongst Others.

Key Developments:

- 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 peoples 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.

Key Market Trends:

Corrugated Boards to Execute a Significant Growth Rate Over the Forecast Period
- The reason for the accelerated growth of the corrugated packaging market in the United Arab Emirates is due to an increase in environmental awareness among populations, demand for sustainable packaging solutions, demand for convenient packaging (offset by new restrictions on single-use in some countries), growing e-commerce market, and rise in need for electronic goods and home and personal care products, along with economic development and increasing per capita income. In the December 2018 Paper Arabia trade show, 25% of visitors were interested in the corrugated packaging segment, which was the highest among all the segments.
- Furthermore, the rising penetration of the e-commerce sector in the country is paving the way for corrugated packaging. According to Visa, e-commerce transactions in the United Arab Emirates accounted for USD 16 billion in 2019. Also, the United Arab Emirates represents the biggest annual spending per online shopper at USD 1,648 in the MENA region.

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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 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:  United Arab Emirate (UAE) 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 analyze the growth of the key players operating in the market.

Frequently asked questions by our customers:

-What are the drivers governing the growth of the market?

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-What is the impact of Covid-19 on the market?

Finally, United Arab Emirate (UAE) Packaging Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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