Press release
MENA Industrial Packaging Market Outlook 2023 to 2033: Growth Insights with Clouds Drums L.L.C., Gulf Plastic Industries Company SAOG, Mauser Group B.V., Time Technoplast Ltd., and PETRO Industrial Pty Ltd.
The Middle East and North Africa (MENA) industrial packaging market is poised for significant expansion, with a projected compound annual growth rate (CAGR) of 7.0% from 2023 to 2033, escalating from an estimated USD 4.8 billion to a substantial USD 9.4 billion. This robust growth is primarily fueled by the burgeoning e-commerce sector, increasing adoption of packaging automation, and a strong regional emphasis on sustainable practices.According to a recent snapshot, the MENA industrial packaging market has demonstrated consistent upward trajectory, building on a historical CAGR of 3.2% between 2018 and 2022. This upward trend underscores the region's dynamic industrial landscape and evolving consumer demands.
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Key Market Drivers:
The rapid proliferation of the e-commerce sector across the MENA region is a paramount driver for industrial packaging demand. With increasing internet penetration, widespread smartphone usage, and a growing consumer preference for online shopping, businesses require efficient and secure packaging solutions to protect products throughout the supply chain.
This includes a growing need for customized packaging that optimizes dimensions to reduce shipping costs and enhances brand presence through tailored designs. Automated sorting and fulfillment processes in e-commerce warehouses further necessitate packaging solutions compatible with advanced handling systems, such as pre-printed barcodes and integrated labeling.
Beyond e-commerce, the market is significantly bolstered by advancements in packaging automation. The drive for improved efficiency, increased productivity, and reduced labor costs is prompting companies in MENA to invest in automated packaging lines. These systems enhance product safety and quality by minimizing human error and ensuring consistent packaging. Moreover, automation facilitates better traceability and compliance with stringent regulatory requirements, particularly crucial for industries like food and pharmaceuticals.
A growing awareness of environmental issues is pushing the MENA industrial packaging market towards sustainable practices. There is a strong demand for recyclable materials, with biodegradable plastics gaining traction as an alternative to traditional plastics. Reusable packaging solutions, such as containers and pallets, are also seeing increased interest, promoting a circular economy.
The region is actively exploring renewable and bio-based materials like cornstarch, sugarcane, and bamboo. This focus on reducing the overall packaging footprint through lightweighting and optimized designs aims to minimize waste, conserve resources, and lower carbon emissions across the entire packaging lifecycle.
Category-wise Dominance:
In terms of materials, plastic continues to be the leading segment, holding an estimated 54% market share in 2023 and anticipated to grow at a CAGR of 5.5%. Its lightweight and cost-effectiveness make it a preferred choice across numerous end-use industries.
The Chemical & Pharma end-use industry is emerging as a significant opportunity for market players, with projections indicating a doubling of its value share by 2027 compared to the past five years. This segment is expected to generate an incremental opportunity of USD 512 million by 2027, growing at a CAGR of 6.8%.
Regional Highlights:
South Africa is anticipated to be a key driver of the MENA industrial packaging market, with a projected CAGR of 5.9%. The country's expanding industrial sector, particularly its growing oil industry, is fueling demand.
Saudi Arabia is set to hold a commanding 42% market share in the MENA industrial packaging market by 2023, largely driven by the burgeoning proliferation of food delivery services. With food consumption in the country expected to reach USD 58.85 billion by the end of 2023, the increasing trend of online food shopping is accelerating demand for diverse packaging solutions. The country is expected to exhibit a robust CAGR of 6.9% during the analysis period.
Competitive Landscape:
Key players in the MENA industrial packaging market are strategically focusing on maximizing profits from existing portfolios while actively seeking new applications. Companies are expanding production capacities and pursuing geographical expansion to reduce reliance on imports.
Recent developments include Mauser Packaging Solutions opening a new facility in Turkey in 2023, Middle East Packaging Factory investing in a corrugated packaging plant in Riyadh in 2022, and Arabian Packaging inaugurating a new facility in Egypt in 2021, all underscoring the region's growing market and localized support initiatives.
Key Segments Profiled In The Global MENA Industrial Packaging Market
By Product:
• Plastic Pallets
• Drums
• IBCs (Totes)
• Sacks
• Pails
• Crates
• Tubes
• Bulk Boxes
• Other
By Material:
• Metal
• Plastic
• Paper & Paperboard
• Fiber & Wood
By Packaging:
• Rigid
• Flexible
By End-Use Industry:
• Agriculture
• Automotive
• Building & Construction
• Chemical & Pharma
• Engineering
• Food & Beverages
• Metal Products
• Oil & Lubricants
• Plastic & Rubber
• Furniture
• Electronics
• E-Commerce
• Tobacco
• Others
By Country:
• GCC Countries
• North Africa
• South Africa
• Israel
Discover Market Opportunities - Get Your Sample of Our Industry Overview Today!
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Have a Look at Related Research Reports on the Packaging Domain:
Metal Straws Market - https://www.futuremarketinsights.com/reports/metal-straws-market
Flow Wrap Machines Market - https://www.futuremarketinsights.com/reports/flow-wrap-machines-market
Pipe Insulation Products Market - https://www.futuremarketinsights.com/reports/pipe-insulation-products-market
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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