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The latest report by IMARC Group, titled "Middle East Corrugated Boxes Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032," offers a comprehensive analysis of the corrugated boxes market trends in Middle East. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The Middle East corrugated boxes market size reached US$ 9.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.54% during 2024-2032.
Middle East Corrugated Boxes Market Trends:
The growing demand for packaging solutions that ensure product safety during transit is driving the market in the Middle East. The region's expanding retail industry, characterized by the rise in consumer goods consumption, further fuels the need for corrugated packaging. Additionally, the increasing awareness of sustainable packaging options drives manufacturers to adopt eco-friendly corrugated materials. Urbanization and the resultant rise in construction activities have also contributed significantly to the market's expansion. Moreover, ongoing advancements in digital printing technologies enhance the appeal and functionality of corrugated packaging. Government initiatives promoting domestic manufacturing and reducing dependency on imports act as catalysts for market growth. Furthermore, the development of the food and beverage sector, requiring safe and hygienic packaging, adds momentum to the market.
Get a Sample Copy of the Report at: https://www.imarcgroup.com/middle-east-corrugated-boxes-market/requestsample
Middle East Corrugated Boxes Market Scope & Growth Analysis:
The market scope is broadening due to the increasing diversification of product offerings in the corrugated packaging industry. Businesses are leveraging corrugated materials for a wider array of products, ranging from electronics to pharmaceuticals, thereby expanding the market's reach. The proliferation of SMEs across the region is another critical factor contributing to market growth, as these entities often rely heavily on corrugated packaging for their products.
Additionally, regional trade agreements and collaborations are facilitating easier and more efficient cross-border trade, further expanding market opportunities. The ongoing investments in infrastructure and industrial projects are also providing a significant propel to the market. Furthermore, consumer preferences are shifting towards more personalized and aesthetically pleasing packaging, prompting manufacturers to innovate and diversify their corrugated packaging solutions. The adoption of advanced manufacturing techniques, including automation and AI, is also playing a crucial role in enhancing production efficiency and product quality. Moreover, the heightened focus on reducing carbon footprints is leading to increased adoption of recyclable and biodegradable corrugated materials.
Middle East Corrugated Boxes Market Segmentation:
Material Insights:
Virgin Corrugated Boxes
Recycled Corrugated Boxes
Country Insights:
Turkey
Saudi Arabia
Egypt
UAE
Iran
Oman
Others
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market.
Al Kifah Paper Products
Al Rumanah Packaging
Al Watania Paper Products (WAPER)
Arab Paper Manufacturing Co. Ltd- Waraq
Arabian Packaging
Dunapack Packaging
Gulf Carton Factory Company
International Paper Company
Middle East Packages LLC
Middle East Paper Company-MEPCO
National Paper Company Limited-Napco National
Unipack Containers & Carton Products
United Carton Industries Company
World Pack Industries LLC
Key highlights of the report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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