Middle East & Africa Flexible Packaging Market Size & Outlook
Middle East & Africa flexible packaging market, 2018-2030 (US$M)
Related Markets
MEA flexible packaging market highlights
- The MEA flexible packaging market generated a revenue of USD 11,814.0 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw 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 11,814.0 million |
| Market revenue in 2030 | USD 15,904.1 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global flexible 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 153,216.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa flexible packaging 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 flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 74.32% in 2023. Horizon Databook has segmented the Middle East & Africa flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
A shift toward sustainability along with the changing consumer behavior toward healthier products in the Middle East & Africa region is expected to boost the demand for flexible packaging. Growth in population coupled with rising consumer disposable income in the region has posed a high demand for quality and organic food.
However, the manufacturing sector in the region is growing at a slower pace compared to other regions owing to unfavorable geography and lack of raw material availability. This is likely to impact the production of flexible packaging solutions in the region. The food & beverage trends in the Middle East & Africa are undergoing a major transition owing to increasing consumer awareness and the introduction of a large number of soft drinks.
These factors have led to an increasing inclination for natural and cleaner diets and a growing preference for packaged natural food which are expected to increase the demand for flexible packaging solutions over the forecast period.
Reasons to subscribe to Middle East & Africa flexible packaging market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa flexible packaging market databook
-
Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa flexible packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA flexible packaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
