Middle East & Africa Pouches Market Size & Outlook
Middle East & Africa pouches market, 2018-2030 (US$M)
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MEA pouches market highlights
- The MEA pouches market generated a revenue of USD 1,848.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Bioplastics 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 1,848.7 million |
| Market revenue in 2030 | USD 2,695.7 million |
| Growth rate | 5.5% (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, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global pouches 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 25,932.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa pouches 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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 65.31% in 2023. Horizon Databook has segmented the Middle East & Africa pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa is expected to witness noteworthy growth in pouches market over the forecast period owing to the growing population and expanding application industries. According to the estimates of the United Nations, Africa is expected to witness the highest population growth by 2050.
Furthermore, increasing government initiatives by the Middle Eastern countries to promote industries, except for crude oil, are expected to act as a stimulant for packaging industry over the forecast period.
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Target buyers of Middle East & Africa pouches market databook
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Our clientele includes a mix of pouches market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 pouches market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pouches market size, by country, 2018-2030 (US$M)
Middle East & Africa Pouches Market Outlook Share, 2023 & 2030 (US$M)
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