GCC Flexible Packaging Market to Grow at 6.8% CAGR by 2027 | IMARC Group

The GCC flexible packaging market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a CAGR of 6.8% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Flexible packaging comprises of packages that are simple to mould and lack a solid construction. These packaging options are appropriate for packing moisture-sensitive products since they provide barrier and scent retention qualities as well as resealable packs. This type of packaging may include bags, pouches, plastics, films, foils and liners or a combination of these materials. At present, one of the key factors driving the GCC flexible packaging market is the extensive utilization of these packaging solutions in the fast-moving consumer goods (FMCG) sector which is witnessing rapid expansion in the region.

Market Trends:

The GCC region's processed and packaged food business is currently expanding quickly as a result of the region's growing population, high income levels, and changing dietary habits. Flexibility in cost and a longer shelf life for food goods are two of the main advantages of flexible packaging that are promoting industry expansion. Flexible packaging also provides other benefits such as light-weight, ease of opening, carrying, storing and resealing, and various customization options which add to the products' aesthetic appeal. Besides, it requires less energy for production which results in significantly lesser carbon emissions as compared to rigid packaging, thus making it a sustainable option of packaging goods.

Moreover, rapid urbanization, sedentary lifestyles and regular consumption of fast food in the GCC region have led to a significant increase in the number of cases of chronic diseases, such as obesity, diabetes and cardiovascular diseases. This is boosting the overall sales of pharmaceutical products which, in turn, is strengthening the demand for flexible packaging in this sector.

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Competitive Landscape

The competitive landscape of the market has also been analyzed along with the detailed profiles of the key player operating in the market. Some these players include

Huhtamaki,
Rotopak,
Arabian Packaging,
Integrated Packaging,
Emirates Printing Press,
Emirates Technopack,
Fujairah Plastics
Amber Packaging Industries LLC.

Related reports;

Smart Packaging Market: https://www.imarcgroup.com/smart-packaging-market

India Corrugated Boxes Market: https://www.imarcgroup.com/india-corrugated-boxes-market

Beverage Carton Packaging Machinery Market: https://www.imarcgroup.com/beverage-carton-packaging-machinery-market

North America Paper Cups Market: https://www.imarcgroup.com/north-america-paper-cups-market

Milk Packaging Market: https://www.imarcgroup.com/milk-packaging-market

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