Exploring GCC Packaging Market Opportunity, Latest Trends, Demand, and Development By 2030
MarkNtel Advisors recently published a detailed industry analysis of the GCC Packaging Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the GCC Packaging Market (2024-2030)
The GCC Packaging Market size is estimated to grow at a CAGR of around 4.3% during the forecast period, i.e., 2024–30.
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What is driving the GCC Packaging Market?
Increasing Demand for Cosmetics & Personal Care Products Driving Market Growth – Rising disposable incomes, changing lifestyles, and an increasing emphasis on personal grooming and appearance have fueled the demand for cosmetics and personal care products in the region. Additionally, the influence of social media and celebrity endorsements has spurred consumer awareness and interest in cosmetics. To cater to this demand, local and international beauty brands are expanding their presence in the GCC, offering a wide range of locally manufactured products tailored to diverse consumer preferences and skin types. For Instance,
- In 2022, India-based skincare brand Aminu expanded its presence in the Middle East market, with a focus on the UAE and Saudi Arabia.
With the GCC emerging as a hub for cosmetic and personal care production, local and international manufacturers are investing in state-of-the-art cosmetic manufacturing facilities to meet the evolving needs of consumers. With rising manufacturing, the demand for premium, aesthetically pleasing, and durable packaging options is boosting, consequently driving the growth of the GCC Packaging Industry.
What segments define the GCC Packaging Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Material,
(Plastic, [PET Bottles, PET Jars, Thin Wall Plastic Containers, HDPE Bottles, Others], Metal, [Metal Food Cans, Metal Beverage Cans, Metal Tins, Aluminum Trays, Metal Bottles, Others], Glass, [Glass Bottles, Glass Jars], Paper and Paperboard, [Folding Cartons, Composite Containers, Board Tubs, Bags in Box], Others),
By Packaging Type,
(Rigid, [Flexible, Flexible Plastic, Flexible Paper, Flexible Aluminum, Blister & Strip Packs])
By Countries
Saudi Arabia, The UAE, Qatar, Kuwait, Oman, Bahrain
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Who are the leading key players shaping the GCC Packaging Market landscape?
Tetra Pak International, Mondi PLC, Najmuddin Packaging & Refilling Industry Llc, Aptar Group Inc., Can-pack SA, Rotopacking Materials Ind. Co. LLC, Gulf East Paper and Plastic Industries LLC, Arabian Packaging LLC, Amber Packaging Industries LLC, Huhtamaki Flexibles UAE (Huhtamaki OYJ), Corys Packaging LLC, Integrated Plastics Packaging LLC, and others
Questions Addressed in this Study
1.What factors are driving the GCC Packaging Market growth?
2.How is the GCC Packaging Market expected to grow over the next five years?
3.What are the key insights into the current trends in the GCC Packaging Market?
4.What is the current size of the GCC Packaging Market, and how is it projected to change in the future?
6.What is the future outlook for the GCC Packaging Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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