Insights: GCC Packaging Market to Grow 4.3% CAGR from 2024-2030

In 2023, Dubai-based food delivery company, Deliveroo launched a web store in partnership with Sineo Packaging to provide eco-friendly packaging options to its restaurant partners in the UAE.

According to MarkNtel Advisors study, The GCC Packaging Market is expected to grow at a CAGR of around 4.3% during 2024-30.

Rising disposable incomes, changing lifestyles, and an increasing emphasis on personal grooming and appearance have fueled the demand for cosmetics and personal care products in the region. Additionally, the influence of social media and celebrity endorsements has spurred consumer awareness and interest in cosmetics. To cater to this demand, local and international beauty brands are expanding their presence in the GCC, offering a wide range of locally manufactured products tailored to diverse consumer preferences and skin types. For Instance,

In 2022, India-based skincare brand Aminu expanded its presence in the Middle East market, with a focus on the UAE and Saudi Arabia.
With the GCC emerging as a hub for cosmetic and personal care production, local and international manufacturers are investing in state-of-the-art cosmetic manufacturing facilities to meet the evolving needs of consumers. With rising manufacturing, the demand for premium, aesthetically pleasing, and durable packaging options is boosting, consequently driving the growth of the GCC Packaging Industry.

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Key Findings in GCC Packaging Market:

Historical Years - 2019-2022

Base Years - 2023

Forecast Years - 2024-2030

Key Report Highlights

· Market Dimensions & Projections

· Pricing Evaluation,

· Recent Strategic Moves by Companies,

· Primary Stakeholders,

· Analysis of Import and Export Trends,

· Competitive Landscape Assessment,

· Emerging Opportunities,

· Market Trends and Indicators

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GCC Packaging Market Key Players:

Tetra Pak International, Mondi PLC, Najmuddin Packaging & Refilling Industry Llc, Aptar Group Inc., Can-pack SA, Rotopacking Materials Ind. Co. LLC, Gulf East Paper and Plastic Industries LLC, Arabian Packaging LLC, Amber Packaging Industries LLC, Huhtamaki Flexibles UAE (Huhtamaki OYJ), Corys Packaging LLC, Integrated Plastics Packaging LLC, and others

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Market Segmentation Overview:

By Material

-Plastic

--PET Bottles

--PET Jars

--Thin Wall Plastic Containers

--HDPE Bottles

--Others

-Metal

--Metal Food Cans

--Metal Beverage Cans

--Metal Tins

--Aluminum Trays

--Metal Bottles

--Others

-Glass

--Glass Bottles

--Glass Jars

-Paper and Paperboard

--Folding Cartons

--Composite Containers

--Board Tubs

--Bags in Box

-Others

The plastic segment is anticipated to hold a major share of the market during the forecast period, owing to surging demand for durable, versatile, and temperature-proof packaging products from the food and pharmaceutical industries. The food and pharmaceutical industries, in particular, are driving the high demand for plastic packaging due to its superior barrier properties, which ensure product safety and prolong shelf life. Additionally, the flexibility of plastic packaging enables innovative designs that cater to evolving consumer preferences, such as convenience features and portion control. Furthermore, advancements in plastic technologies, such as biodegradable and recyclable plastics, are addressing environmental concerns and further bolstering the demand for plastic packaging solutions in the GCC Packaging Industry.

By Packaging Type

-Rigid

-Flexible

--Flexible Plastic

--Flexible Paper

--Flexible Aluminum

--Blister & Strip Packs

By End-User

-Food & Beverage

--Beverages Packaging

---Alcoholic Drinks Packaging

---Hot Drinks Packaging

---Soft Drinks Packaging

-Food Packaging

--Baby Food Packaging

--Confectionary Packaging

--Dairy Packaging

--Edible Oil Packaging

--Processed Food & Vegetable Packaging

--Processed Meat & Sea Food Packaging

--Rice, Pasta & Noodles Packaging

--Sweets, Biscuits, Snacks Bars, and Fruit Snacks Packaging

--Pet Food Packaging

-Pharmaceutical

-Homecare

--Air Care Packaging

--Bleach Packaging

--Dishwashing Packaging

--Home Insecticides Packaging

--Laundrycare Packaging

--Polishes Packaging

--Surface Care Packaging

---Toilet Care Packaging

-Personal Care

--Bath & Shower Packaging

--Color Cosmetics Packaging

--Skin Care Packaging

--Oral Care Packaging

--Baby & Child Products Packaging

--Fragrances & Deodorants Packaging

--Men's Grooming Packaging

--Others

-Others

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By Region

UAE
Saudi Arabia
Qatar
Oman
Kuwait
Bahrain

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