MENA Industrial Packaging Market: Trends, Opportunities, and Growth Prospects for Packaging Solutions by 2027

The MENA industrial packaging market is estimated at USD 4.5 billion in 2022 and is projected to reach USD 6.3 billion by 2027, at a CAGR of 7.0% from 2022 to 2027.

Industrial packaging plays a crucial role in protecting and transporting goods across different industries. The MENA region, comprising countries such as Saudi Arabia, UAE, Egypt, and Iran, has witnessed substantial growth in industrial activities, including manufacturing, oil and gas, chemicals, and construction. As a result, the demand for efficient and sustainable packaging solutions has surged, driving the growth of the MENA industrial packaging market.

Industrial bulk packaging has progressed from MS barrels of an outdated design to MS barrels with drums of improvised timing. Additionally, during the past five years, the manufacturing vertical has tripled in size. The unconventional verticals are now using the containers as a result of this. These include producers of bio-chemicals, as well as producers of food-grade ingredients. In the following five years, it is anticipated that global trade would continue to grow.

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Factors Driving the Growth of MENA Industrial Packaging Market

1. Economic Expansion and Diversification

The MENA region has witnessed rapid economic expansion and diversification, with governments focusing on reducing dependency on oil revenues and promoting non-oil sectors. This diversification has led to increased industrial activities and consequently boosted the demand for industrial packaging solutions.

2. Infrastructural Development

Significant infrastructural development, including the establishment of industrial zones, logistics hubs, and transportation networks, has facilitated trade and industrial growth in the MENA region. This has further fueled the demand for industrial packaging solutions to ensure the safe and efficient movement of goods.

3. Growing Manufacturing Sector

The MENA region has experienced a surge in manufacturing activities, driven by investments in sectors such as automotive, electronics, food processing, and pharmaceuticals. As manufacturing facilities expand, the need for robust packaging solutions to protect products during storage and transportation becomes paramount.

Key Takeaways from MENA Industrial Packaging Market

  • South Africa is expected to witness a CAGR of 5.9% in MENA industrial packaging market. This could be credited to the assertion by IEA (International Energy Agency) that production of crude oil reached 448.0 TJ units in the year 2020 alone.
  • Saudi Arabia holds more than 40% of the market share. This could be reasoned by the fact that spending on the foodservice is expected to witness growth by 6% per year between 2022 and 2027. The year 2021 witnessed food consumption worth US$ 58.85 Bn.

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Competitive Ebullience

  • Eviosys, in September 2021, launched a new-fangled company for delivering sustainable, smart packaging solutions. The newly formed company, better known as ‘KPS Capital Partners’, has acquired Crown Holding Inc’s EMEA food and consumer packaging business.
  • PalletPlast, in March 2021, has been adjudged as ‘The Best end use Product’ by Petco – PET plastic recycling Group South Africa. This company has come up with fruit pallets produced from waste plastic products.
  • Comexi, in March 2022, inked an agreement with Madayn Plastic Company with the objective of expanding in the Middle East. The company has actually opted for entry to the flexible packaging vertical for capturing a remarkable portion of its market share with Comexi and Reifenhauser India Marketing Middle East & Africa (RIMPL MEA). Comexi F2 ML flexographic press, Reifenhauser extruder, and Comexi ML2 Evolution laminator have been acquired by Madayn Plastic.
  • Huhtamaki, in September 2021, completed the acquisition of Elif to promote sustainability and talent all across the Middle East, Europe, and Africa.

“Flexible packaging business does set up trends pertaining to packaging by catalyzing design flexibility, safety, sustainability, and convenience”, says an analyst from Future Market Insights.

What does the Report have in store?

  • The research study is based on product (plastic pallets, drums, IBCs (Totes), sacks, pails, crates, tubes, bulk boxes, and likewise), by material (metal industrial packaging, plastic industrial packaging, paper & paperboard industrial packaging, and fiber & wood industrial packaging), by packaging (rigid industrial packaging and flexible industrial packaging), and by end-use industry (agriculture, automotive, building & construction, chemical & pharma, engineering, food & beverages, metal products, oil & lubricants, plastic & rubber, furniture, electronics, e-Commerce, tobacco, and likewise.
  • Flexible industrial packaging (like sacks) is likely to witness an exorbitant demand going forward, as they require less storage space and are cost-effective. Thus, MENA industrial packaging market is slated to grow well in the forecast period.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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