Middle East & Africa Corrugated Board Market Size & Outlook
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MEA corrugated board market highlights
- The MEA corrugated board market generated a revenue of USD 4,074.9 million in 2022.
- The market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 4,074.9 million |
| Market revenue in 2030 | USD 5,829.3 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global corrugated board market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 94,643.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smurfit Kappa Group PLC | View profile | 47000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | https://www.smurfitkappa.com |
| Oji Holdings Corp | View profile | 37845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.ojiholdings.co.jp |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Packaging Corp of America | View profile | 14900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | https://www.packagingcorp.com |
| International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
| WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20000 | P.O. Box 309, Helsinki, Finland, FI-00101 | https://www.storaenso.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
Middle East & Africa corrugated board market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corrugated board market will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 31.32% in 2022. Horizon Databook has segmented the Middle East & Africa corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East & Africa market is expected to be driven by the growing disposable income of the populace with increasing purchase of convenience products. Increasing infrastructural facilities such as supermarkets, hypermarkets, food service establishments as well as specialty stores for varied categories of products would expand the demand for different packaging options.
Domestic players such as Middle East Paper Company (MEPCO), National Amalgamated Packaging (Nampak), and Hadera Paper are engaged in the manufacturing of corrugated packaging products and are therefore strengthening their presence in the region and focusing on offering high-quality packaging products.
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Our clientele includes a mix of corrugated board market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa corrugated board market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA corrugated board market size, by country, 2018-2030 (US$M)
Middle East & Africa Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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