GCC Paper Products Market Report 2022-2027: Industry Demand, Overview, and Forecast

According to the latest report by IMARC Group, titled "GCC Paper Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022- 2027," the GCC paper products market reached a value of US$ 10.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2027, exhibiting a CAGR of 3.7% during 2022-2027. The paper products industry includes establishments engaged in the manufacturing of paper, pulp, paperboard, etc. This industry also comprises establishments using the manufactured paper and paperboard to further convert them into different products, such as folding paperboard boxes, corrugated and solid fiber boxes, cups, paper bags, plates, etc. These products are extensively utilized in the packaging of numerous consumer items, including food and beverages, textiles, electronics, cement, etc.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

GCC Paper Products Market Trends:

The rising demand for paper products in the packaging industry is one of the primary factors positively influencing the growth of this market in the GCC region. Moreover, significant development in the food and beverages industry is further augmenting the product demand, as this sector utilizes paper plates and cups. Additionally, various paper products are gaining acceptance in the region due to their distinctive properties, such as easy disposal, lightweight, cost-effectiveness, the convenience of handling, etc. Furthermore, several regulatory authorities in the GCC region are enforcing legislation to ban plastic products due to escalating environmental concerns. This is anticipated to further propel the demand for paper products in the GCC region over the forecasted period.

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Key Segmentation:

Competitive Landscape With Key Players:

• Safeer Luxury Pack
• Arkan Mfg Paper Cup Company
• Middle East Paper Company (MEPCO)
• Al Kifah Paper Products
• Al Nawar Corner
• Lamina Company Ltd
• Golden Paper Cups Mfg. Co. Ltd.
• Unipack Containers & Carton Products LLC
• Hotpack Packaging LLC
• Gulf Carton
• Arabian Paper Products Company (APPCO)

Breakup by Plate Type:

• Heavy-duty plates
• Medium-duty plates

Breakup by Wall Type:

• Single wall-paper cups
• Double wall-paper cups

Breakup by Application:

• Tea and Coffee
• Chilled food and beverages
• Others

Breakup by Distribution Channel:

• Retail
• Institutional Segments

Breakup by Cups Type:

• Cold Paper Cups
• Hot Paper Cups
Breakup by Product Type:
• Corrugated Boxes
• Rigid Boxes
• Folding Cartons
• Paper Bags
• Others.
Breakup by Material Type:
• Brown kraft
• White kraft
• Other

Breakup by Regional Insights:

• Saudi Arabia
• The UAE
• Kuwait
• Oman
• Bahrain
• Qatar

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

NOTE: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.