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Middle East & Africa Rigid Plastic Packaging Market Research Report, 2027

Middle East & Africa Rigid Plastic Packaging Market Research Report, 2027

Actual Market Research 28-06-2022 66 Pages Figures : 19 Tables : 20 Region : MEA Category : Manufacturing & Industry Machinery, Parts & Equipment

1. Berry Global Inc

2. Sonoco Products Company

3. Amcor Plc

4. Silgan Holdings Inc.

5. Saudi Basic Industries Corporation

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Rigid plastic packaging is huge demand in Middle East and Africa. The rise in consumption and consumers spending have made rigid plastic packaging increase in market value increase and market share to increase. Plastic packaging has become an important factor of many businesses because of its cutting-edge design that assists in providing innovative packaging solutions and affordable. The rapid expansion of the food and beverages, personal care, and pharmaceuticals sectors and the rising penetration of organized and e-retail across the world are expected to fuel market growth. Rising focus on advanced packaging solutions coupled with the growth and expansion of the packaging industry is one of the major factors fueling up the demand for plastic packaging. Moreover, the growing demand for convenient packaging solutions by the various end-user verticals such as consumer electronics, household products, and so on is also fostering the market growth rate. The most demanded material type rigid plastic packaging are PE, PET, PP and HDPE. Low-density polyethylene (LDPE), polypropylene (PP), high-density polyethylene (HDPE), and polyethylene terephthalate (PET) are the most widely used materials for the manufacturing of products, such as bottles and jars, trays and containers, wraps and films, and pouches, as they are cost-effective, lightweight and have extensive functionalities and strong barrier properties against moisture.Rigid packaging has gained its important in food and beverage industry as it provides long shelf life to the packaged food items. Rigid packaging container includes bottles, cans, ampules, aluminum bottles and jars among others. Rigid packaging for the food and beverages is segmented into foldable boxes, rigid boxes, food trays, machine-made paper bags, pet packaging, hot food packaging and flat bags/sandwich bags, and others. On the basis of raw material, the industry can categorized as plastic, metal, paperboard, and glass. Rigid plastic packaging dominates the global rigid packaging for the food and beverage industry. According to the research report, “Middle-East and Africa Rigid Plastic Packaging Market Research Report, 2027” published by Actual Market Research, the rigid plastic packaging market is anticipated to grow at a 5.46% CAGR in terms of value during this forecasted period. Growing investment by major market players in the research and development of rigid plastic packaging has impacted the market growth. Major of the companies are making these products for food and beverages. Food and beverages is in demand and consumers have become health conscious. Rigid plastic have uses in food and beverages, healthcare, Industrial and cosmetics. Carbonated soda is the biggest end use for rigid plastic beverage bottles. While alcohol makes up just 3% of the market share, this category is experiencing the greatest uptake. Expanding uses include healthy and benefits the user for beverages. Consumers are changing the way they consume and buy food and beverages. Shoppers are much more concerned with the ingredients. They want to know what is in their products, and how it may impact them. This has put a negative pressure on the diet beverage category. Covid-19 Impact Covid-19 has led to sever challenges for the rigid plastic packaging market in the Middle-East and Africa. There was huge disruption if supply and operation in while of every region, for transportation and production. Demand for oil across the whole region was affected, many of the countries stopped manufacturing and operations. Rigid plastic packaging made a huge demand during pandemic. In the medical sector, plastic became extensively important to stop the spread of viruses. People became health conscious. They began to use packed foods and packed items to keep themselves safe. Rigid plastic became in huge demand due to safe usage and people became more health conscious. Major Companies present in the market: Berry Global Group, Inc., Silgan Holdings Inc., Saudi Basic Industries Corporation, Alpla Werke Alwin Lehner GmbH & Co KG, Mauser Packaging Solutions Holding Company, Sonoco Products Company, Amcor plc, Pactiv Evergreen Inc, Gerresheimer AG, Mpact Limited, Takween Advanced Industries Co., Plastipak Holdings, Inc., Klöckner Pentaplast Considered in this report: • Geography: Middle-east and Africa • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: 2027 Aspects covered in this report: • Middle-east and Africa Rigid plastic Market with its value and forecast along with its segments • Country wise rigid plastic market analysis • Application wise rigid plastic market distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report: • UAE • Saudi Arabia • South Africa By application rigid plastic type in the report: • Food and beverages • Industrial • Healthcare • Cosmetics Technical types of rigid plastic packaging in the report: • PE • PET • PS • PP • PVC • Bioplastics • HDPE 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 solar panel coating 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.

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