Middle East & Africa Temperature Controlled Packaging Solutions Market Size & Outlook
Middle East & Africa temperature controlled packaging solutions market, 2018-2030 (US$M)
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MEA temperature controlled packaging solutions market highlights
- The MEA temperature controlled packaging solutions market generated a revenue of USD 1,836.6 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, passive was the largest revenue generating type in 2023.
- Active is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,836.6 million |
| Market revenue in 2030 | USD 2,945.8 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Passive |
| Fastest growing segment | Active |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passive, Active |
| Key market players worldwide | Sonoco Products Co, Aurora Solar Technologies Inc, DHL Group ADR, Cryopak, Envirotainer, Valor Industries, DGR Global, Safe Box International Cargo Packaging & Movers, PCI Technology, APEX Packaging Corporation |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.7% of the global temperature controlled packaging solutions market in 2023.
- Globally, North America 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 14,862.8 million by 2030.
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Temperature Controlled Packaging Solutions Market Scope
Temperature Controlled Packaging Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa temperature controlled packaging solutions 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 temperature controlled packaging solutions market will help companies and investors design strategic landscapes.
Passive was the largest segment with a revenue share of 62.78% in 2023. Horizon Databook has segmented the Middle East & Africa temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa temperature controlled packaging solutions market is anticipated to expand significantly over the forecast period. Several countries in the Middle East & Africa region are highly dependent on food imports which in turn is likely to benefit the temperature controlled packaging solutions market.
Countries including UAE, Saudi Arabia, Egypt, and Kuwait are some of the top fresh produce importers in the region. In addition, factors including growing population coupled high disposable income especially with the younger population in the region has further increased the demand for various food products including organic food products.
Moreover, busy lifestyle, and changing consumer preferences has in turn increased the demand for frozen food products. Furthermore, growing tourism industry especially in countries such as UAE and Saudi Arabia is expected to augment the demand for food & beverage products.
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Target buyers of Middle East & Africa temperature controlled packaging solutions market databook
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Our clientele includes a mix of temperature controlled packaging solutions 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 temperature controlled packaging solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA temperature controlled packaging solutions market size, by country, 2018-2030 (US$M)
Middle East & Africa Temperature Controlled Packaging Solutions Market Outlook Share, 2023 & 2030 (US$M)
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