Middle East & Africa Returnable Packaging Market Size & Outlook
Middle East & Africa returnable packaging market, 2018-2030 (US$M)
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MEA returnable packaging market highlights
- The MEA returnable packaging market generated a revenue of USD 4,281.2 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal 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 4,281.2 million |
| Market revenue in 2030 | USD 6,095.2 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.7% of the global returnable 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 67,590.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 62.15% in 2023. Horizon Databook has segmented the Middle East & Africa returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Sustainable, recyclable, and smart packaging is the primary focus of manufacturers in the Middle East and Africa. Countries like UAE, South Arabia, Kuwait, and South Africa are emerging as manufacturing hub in the region.
Government initiatives to reduce the dependency on the Oil and Gas industry in the Middle East are expected to create several opportunities for industries like food & beverages, pharmaceutical, healthcare, and consumer durable industries.
Increasing demand for packaging solutions from these industries is expected to drive demand for returnable packaging. Middle Eastern countries are largely dependent on the export of crude oil and other petroleum products.
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Target buyers of Middle East & Africa returnable packaging market databook
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Our clientele includes a mix of returnable 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 returnable packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA returnable packaging market size, by country, 2018-2030 (US$M)
Middle East & Africa Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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