Middle East & Africa High Barrier Packaging Films Market Size & Outlook
The high barrier packaging films market in Middle East & Africa is expected to reach a projected revenue of US$ 1,409.2 million by 2030. A compound annual growth rate of 4.1% is expected of Middle East & Africa high barrier packaging films market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,066.6
Forecast, 2030 (US$M)
$1,409.2
CAGR, 2024 - 2030
4.1%
Report Coverage
Middle East & Africa
Middle East & Africa high barrier packaging films market, 2018-2030 (US$M)
MEA high barrier packaging films market highlights
- The MEA high barrier packaging films market generated a revenue of USD 1,066.6 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, polyethylene was the largest revenue generating material in 2023.
- Polyethylene is the most lucrative material segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,066.6 million |
| Market revenue in 2030 | USD 1,409.2 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polyethylene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene |
| Key market players worldwide | Amcor PLC, Sealed Air, Huhtamaki, Kloeckner & Co SE, Mondi PLC, Constantia Flexibles, Berry Global Inc., Coveris, Sonoco Products Co, Uflex, Jindal Poly Films, Cosmo Films |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global high barrier packaging films 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 20,939.4 million by 2030.
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High Barrier Packaging Films Market Scope
High barrier packaging films market segmentation & scope
Product
Bags & Pouches
Trays Lidding Films
Wrapping Films
Blister Packs
Others
Application
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Australia
China
India
Japan
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
High Barrier Packaging Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa high barrier packaging films market
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