Middle East & Africa Protective Packaging Market Size & Outlook
Middle East & Africa protective packaging market, 2018-2030 (US$M)
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MEA protective packaging market highlights
- The MEA protective packaging market generated a revenue of USD 1,631.6 million in 2023.
- The market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,631.6 million |
| Market revenue in 2030 | USD 1,900.3 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible, Foam, Rigid |
| Key market players worldwide | Sealed Air Corp, Sonoco Products Co, Smurfit Kappa Group PLC, WestRock Co, Huhtamäki Oyj, DS Smith PLC, Pregis, Pro-Pac Packaging (Aust) Pty Ltd, Dow Inc, Intertape polymer group, Storopack, International Paper Co, EcoEnclose, Point Five Packaging, Universal Protective Packaging |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.6% of the global protective 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 23,057.9 million by 2030.
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Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa protective 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 protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 65.36% in 2023. Horizon Databook has segmented the Middle East & Africa protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
The growth is driven by positive outlook from various end-use industries such as food and beverage, cosmetics, personal care, consumer electronics, healthcare, luxury, or bulk/industrial. However, this growth is associated with specific countries in the region such as Iran, Saudi Arabia, and UAE.
Changing demographics in the region is likely to drive the market growth significantly over the forecast period. In terms of revenue, protective packaging market in MEA .
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Target buyers of Middle East & Africa protective packaging market databook
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Our clientele includes a mix of protective packaging 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa protective packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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