Middle East & Africa Medical Flexible Packaging Market Size & Outlook
Middle East & Africa medical flexible packaging market, 2018-2030 (US$M)
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MEA medical flexible packaging market highlights
- The MEA medical flexible packaging market generated a revenue of USD 462.8 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 462.8 million |
| Market revenue in 2030 | USD 602.5 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Paper |
| 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, Aluminum, Bioplastics |
| Key market players worldwide | Amcor PLC, AptarGroup Inc, BD, Berry Global Group Inc, Winpak Ltd, Sealed Air Corp, Mondi PLC, Huhtamäki Oyj, Coveris, WestRock Co, Daetwyler Holding AG, Catalent Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Gerresheimer AG ADR, Amcor |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global medical 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 16,655.9 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Medical Flexible Packaging Market Scope
Medical Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa medical 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 medical flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 77.01% in 2023. Horizon Databook has segmented the Middle East & Africa medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East & Africa is anticipated to grow over the forecast period. Increasing medically insured population coupled with the development of innovative mordern medicines is anticipated to drive the pharmaceutical and medical implant segment which is anticipated to provide positive scope for market growth across the region.
Rapid growth in the number of hospitals in Saudi Arabia is anticipated to drive the market growth. The growing number of diseases such as cardiovascular diseases, cancer, and obesity are expected to propel the healthcare sector thereby, driving the industry growth further.
Supportive government policies to support healthcare awareness and increasing investment in the healthcare sector through foreign direct investments are anticipated to drive the market growth over the forecast period. Government initiatives in the Middle East to build more hospitals in order to provide skilled and modern treatment is expected to spur the market growth across the region.
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Target buyers of Middle East & Africa medical flexible packaging market databook
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Our clientele includes a mix of medical flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical flexible packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical flexible packaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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