This report is accomplished and comprehensive research of the Packaging Industry In UAE Market 2019-2024 based on the major regional market situations, key driving factors, major competitors, and the size & scope of the market. The Packaging Industry In UAE Market Research Report is a valuable source of perceptive data for business strategists. It delivers the Market outline with growth study and antique & revolutionary cost, revenue, and demand. The Market Report is designed to include both qualitative and quantitative aspects of the company for each region and country participating in the study.
Top Manufacturers of Packaging Industry In UAE Market Research Report 2019-2024:
- Tetra Pak International
- Mondi Group
- Bemis Company Inc.
- Amcor Ltd.
- Winpak LLC
- Rotopak LLC
- Gulf East Paper and Plastic Industries LLC
- Arabian Packaging LLC
- Amber Packaging Industries LLC
- Diamond Packaging Industries LLC
- Corys Packaging LLC
- DS Smith PLC
Get a sample copy of the report at – https://www.360researchreports.com/enquiry/request-sample/14352830
Summary for Packaging Industry In UAE Market Report:
The packaging industry in the UAE is expected to register a CAGR of 4.2% during the forecast period (2019 – 2024). The most important feature to be integrated into packaging is functionality. There is a growing demand for secondary packaging for this region because of the increasing trend in categories such as perfumes and skincare through folding cartons. As many consumers and companies are becoming more zero waste compliant, sustainability is becoming a key development agenda in the United Arab Emirates. Packaging manufacturers present in this region are investing in innovative packaging in terms of both design and materials used considering demographic and lifestyle changes.
– There is a shift to larger pack sizes in food packaging. For example, large pack sizes like Nutellas 750g in spreads are proving increasingly popular as they offer better value, while in baby food the rising popularity of growing-up milk formula is also supporting sales of larger packs.
– There is slower growth in retail unit volume due to the economic slowdown in the United Arab Emirates which hit the packaging industry, with many packaging categories including food, beauty, and personal care, soft drinks and home care. Companies are looking for alternative ways of offering multipacks and larger pack sizes, which are more economical, as well as smaller packs which are more affordable. High taxation in canned packaging has been a factor that impacted the demand adversely.
– Government bodies are setting packaging requirements for food companies by making changes to comply with the regulation of beauty and personal care. New rules and regulations are made for milk, juice, and other beverages. Innovative pack design is seen in beauty and personal care. There is a growing focus on environmentally-friendly packaging.
Scope of Packaging Industry In UAE Market Research Report 2019-2024
There is a rise in eco-friendly packaging in the region as the number of international brands offering chemical-free, organic and natural products in the United Arab Emirates is increasing. In some categories of home care, the type of packaging used varies according to the usage of the product. For example, most manufacturers of fabric softeners use PET packaging as it gives the feeling of softness compared to HDPE. Packaging redesigns and innovative shapes of packaging have been adopted to promote a premium image. Manufacturers have launched products with premium packaging in many categories.
Fill the Pre-Order Enquiry form for the report @ https://www.360researchreports.com/enquiry/pre-order-enquiry/14352830
Key Market Trends
Food Sector Expected to Witness Significant Growth
– The adoption of sustainable packaging is one of the vital food packaging market trend in UAE that will impact the growth of the market in this region. Factors contributing to the growth in this region are increasing demand for convenience by consumers, increase in disposable income, and changing consumer behavior. Disposable income and improved global flight connectivity have further augmented the regional market demand.456- There is a growing demand for packaged food by consumers owing to changing eating habits, and the quickening pace of life is expected to have a major impact on the industry. The product offers extended and stable shelf-life, high barrier properties, and safety, thereby boosting industry growth. Food safety is one of the primary factor driving the market as the quality of food is a significant issue faced by manufacturers and consumers of food products.456- With rising environmental and health concerns due to the accumulation of non-biodegradable waste, companies are focusing on adopting sustainable packaging options. For instance, Bemis, a leading food packaging company introduced BMET metalized sealant films, having 30% less material weight than usual 3-ply films that replace materials such as metalized OPET, OPP, or foil.
Packaging Industry In UAE Market Segment by Key Regions:-
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America, Middle East, and Africa
Packaging Industry In UAE Market Research Report offers the Following Segments:
- Supply chain trends mapping the latest technological advancements
- Packaging Industry In UAE Market Strategic endorsement for the new freshman
- Packaging Industry In UAE Market share evaluation for the regional and country-level segments
- Packaging Industry In UAE Market forecasts for a minimum of 5 years of all the mentioned segments, sub-segments and the regional markets
- Packaging Industry In UAE Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic commendation in key business segments based on the market assessment
- Company profiling with detailed master plan, financials, and Current developments
- Competitive landscaping survey the key common trends
Purchase this report (Price 3250 USD for a single-user license) https://www.360researchreports.com/purchase/14352830
About 360 Research Reports:
360 Research Reports is a credible source for gaining the market research reports that will exponentially accelerate your business. We are among the leading report resellers in the business world committed to optimizing your business. The reports we provide are based on research that covers a magnitude of factors such as technological evolution, economic shifts and a detailed study of market segments.
CONTACT US
Mr. Ajay More
Phone: +14242530807 / + 44 20 3239 8187
Email: [email protected]