Middle East & Africa Flexible Packaging Market - Industry Analysis, Growth, Demand, Share, & Forecast To 2027

Today, more than ever, there is a big shift in the packaging landscape as many manufacturers opt for flexible packaging for their products that were once ruled by rigid containers. Flexible packaging uses less material than traditional rigid packaging. The flexible packaging market in the Middle East & Africa region is expected to increase in the forecasted period. Because of the growing focus on sustainability, rigid packaging solutions are being replaced by innovative flexible packaging. Moreover, the Middle East and Africa region accounts for a significant and growing portion of worldwide food imports. Growing demand for packaged food, processed food, and ready-to-eat meals are driving factors for the flexible packaging market in the region. The region drives higher demand for primary food and feed grains, soybeans, cotton, and meat. Various innovations have made it possible for the development of sustainable and customized flexible packaging solutions in the Middle East and Africa region, which will give rise to the flexible packaging market in the forecast period. Moreover, the increasing demand for pharmaceutical products also requires flexible packaging. Food and consumer goods imports into Africa and Saudi Arabia make up a significant share of the flexible packaging market in the Middle East and Africa region. The flexible packaging market in the Middle East & Africa is segmented into mainly three countries: the UAE, Saudi Arabia, and South Africa. Saudi Arabia shows the immense growth in the flexible packaging market. The urbanization and growth of industries in Saudi Arabia have led to the growth of the flexible packaging market. According to the report title, “Middle East & Africa Flexible Packaging Market Outlook, 2027”, publish by Actual research, the market was value at around USD 11.30 Billion in 2021 and it is anticipated to grow with the CAGR of more than 3% during 2022 to 2027. The increasing demand for more product varieties from consumers supports the general trend from rigid to flexible packaging, which offers greater convenience to consumers. Saudi Arabia is the leading country in the Middle East and Africa flexible packaging market, followed by the UAE and South Africa. Increased transportation activity will result in a high demand for the MEA flexible packaging market. According to the report, based on material type, the market is segmented into plastic, paper, aluminum foil, and other materials. The plastic packaging segment covers the highest share of the market in flexible packaging. The growth rate of the plastic packaging segment is estimated to be more than 3% for the forecast period in the Middle East & Africa region. The region has a huge consumer base engaged in a wide range of industrial activities, which is adding to the rapid growth in demand for plastic packaging in the region. Based on the application, the market is segmented into food, beverage, pharmaceuticals, personal care, and others. The food industry covers the largest portion of the market share in the flexible packaging market. The food packaging industry is emerging with the rapid changes in the food preferences of consumers and the expansion of retail sectors in the Middle East & Africa region. Based on the packaging type, the market is segmented into bags, wraps, pouches, sachets, blisters, and roll stock. The most usable segment of the flexible packaging market is pouch packaging. Pouches are witnessing significant demand and consumer interest in the region. COVID-19: The outbreak of COVID-19 has led to a weakened growth of industrial output and low production in the region. All industries that are engaged in providing for essential needs, such as getting food and required supplies safely to consumers, require flexible packaging in the region. More people have begun ordering daily staples and fresh food through online channels, leading to an increase in the demand for flexible plastic packaging. Major Companies present in the market: Amcor Plc, Berry Global Group Inc., Mondi Group, Sealed Air Corporation, Constantia Flexibles, Coveris Holding SA, Transcontinental Inc., HuhtamäkiOyj, Sonoco Products Company, Ahlstrom-MunksjöOyj, Greif, Inc., Westrock Company, AptarGroup, Inc., FlexPak Services LLC, Al Invest Bridlicnaa.s., Aran Group., Alubergs.p.a., Danaflex Group, Bischof + Klein SE & Co. KG, Glenroy, Inc., Clondalkin Group Holdings BV, ProAmpac Intermediate, Inc. Considered in this report • Geography: Middle East & Africa • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Middle East & Africa Flexible Packaging market with its value and forecast along with its segments • Country-wise flexible packaging market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • UAE • Saudi Arabia • South Africa Types of Material in the report: • Plastic • Paper • Aluminum Foil • Others By End-Use in the report: • Food • Beverages • Pharmaceuticals • Personal care • Others Types of Packaging in the report: • Bags • Wraps • Pouches • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flexible packaging industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Key Words: Middle East & Africa, UAE, Saudi Arabia, South Africa, Flexible Packaging, Paper packaging, Plastic packaging, Aluminum foil packaging, Cold chain, Beverages, Food, Chemicals, Pharmaceuticals, Healthcare, Personal care, Bags, pouches, Wraps, Sachets, Blisters, Roll stock. This report would help you answer the following questions: 1. At what rate the Middle East & Africa flexible packaging market will grow in forecast period? 2. What are the different types of applications in the flexible packaging market? 3. What are the different types of packaging use in flexible packaging? 4. What is the impact of covid-19 on the Middle East & Africa flexible packaging market? 5. What is the market size of Middle East & Africa flexible packaging market in 2021?