Middle East & Africa Aseptic Packaging Market Size & Outlook
Middle East & Africa aseptic packaging market, 2018-2030 (US$M)
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MEA aseptic packaging market highlights
- The MEA aseptic packaging market generated a revenue of USD 1,263.3 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, paper & paperboard was the largest revenue generating material in 2023.
- Paper & Paperboard is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,263.3 million |
| Market revenue in 2030 | USD 2,029.2 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Paper & paperboard |
| Fastest growing segment | Paper & Paperboard |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper & Paperboard, Plastics |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.3% of the global aseptic packaging market in 2023.
- 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 12,377.1 million by 2030.
Paper & paperboard was the largest segment with a revenue share of 51.45% in 2023. Horizon Databook has segmented the Middle East & Africa aseptic packaging market based on paper & paperboard, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
United Arab Emirates, South Africa, Turkey and Saudi Arabia are the key markets for aseptic packaging in the region owing to growth of food & beverage and pharmaceutical industries in these countries. Rising consumer demand for plant-derived products is likely to propel demand for aseptic packaging, in order to offer longer shelf life and high-quality products.
Saudi Arabia is expected to be a major market for the product owing to rising population and increasing disposable income of consumers. The growth of the dairy sector in the country is expected to raise demand for aseptic packaging over the next eight years.
Growing food & beverage sector in UAE is anticipated to be a key factor for the growth of aseptic packaging in the region. Growing demand for packaged food products owing to changing dietary habits and increasing health and wellness trends among the consumers is anticipated to drive demand for natural fruit juices, beverages and energy drinks, which is likely to have a positive impact on the market growth over the forecast period.
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Aseptic Packaging Market Scope
Aseptic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA aseptic packaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Aseptic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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