Middle East & Africa Plastic Films And Sheets Market Size & Outlook
Middle East & Africa plastic films and sheets market, 2019-2030 (US$M)
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MEA plastic films and sheets market highlights
- The MEA plastic films and sheets market generated a revenue of USD 3,569.3 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, ldpe/lldpe was the largest revenue generating product in 2022.
- BOPP is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 3,569.3 million |
| Market revenue in 2030 | USD 5,329.4 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Ldpe/lldpe |
| Fastest growing segment | BOPP |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LDPE/LLDPE, PVC, PA, BOPP, HDPE, CPP |
| Key market players worldwide | Toray Industries Inc, Toyobo Co Ltd, Berry Global Group Inc, SABIC, Sealed Air Corp, Dow Inc, DuPont de Nemours Inc, Amcor PLC, Uflex, British Polythene Industries Plc, Novolex |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.6% of the global plastic films and sheets 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 37,372.3 million by 2030.
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Plastic Films And Sheets Market Scope
Plastic Films And Sheets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa plastic films and sheets 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 plastic films and sheets market will help companies and investors design strategic landscapes.
Ldpe/lldpe was the largest segment with a revenue share of 57.29% in 2022. Horizon Databook has segmented the Middle East & Africa plastic films and sheets market based on ldpe/lldpe, pvc, pa, bopp, hdpe, cpp covering the revenue growth of each sub-segment from 2019 to 2030.
The overall market in the Middle East is witnessing substantial growth rate over the forecast period. Improving levels of standard of living coupled with growing healthcare and consumer goods industry would create lucrative opportunities for plastic films and sheets market in upcoming years.
Countries such as Saudi Arabia, UAE, South Africa and Iran are the major growth driver for the market. Infrastructural developments and rising per capita income have supplemented demand for plastic films & sheets from these countries.
Pharmaceutical industry growth in Middle East, especially Saudi Arabia, on account of rising health expenditure coupled with government support is expected to have a positive impact on plastic packaging market growth over the next nine years.
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Our clientele includes a mix of plastic films and sheets 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 plastic films and sheets market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa plastic films and sheets market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa plastic films and sheets market
Middle East & Africa Plastic Films And Sheets Market Outlook Share, 2022 & 2030 (US$M)
Middle East & Africa plastic films and sheets market
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