Middle East And Africa Food Packaging Market

Middle East and Africa Food Packaging Market Growth and Forecast (2023 - 2028):

The Middle East and Africa Food Packaging Market was worth US$ 23.49 million in 2022, and it is assessed to arrive at a valuation of US$ 28.58 million by the finish of 2028, extending at a yearly development pace of 7.0% in the period of 2021 and 2026. The packaging is utilized as a food fenced area in different structures, for example, sacks, gathering packs, plate, boxes and jars.

Market Overview:

Food packaging offers harm anticipation, security and synthetic, physical and organic advantages. Food is in the classification of buyer merchandise, so it is fundamental to save, ensure and evade epilepsy brought about by natural elements. Food packaging norms have been considered for difficulty-free transportation and appropriation, stockpiling and conveyance of food.

Recent Developments in Middle East and Africa Food Packaging Industry:

• In February 2018, the Ardagh Group, with its Bonduelle developments and contact, offered the perfect answer for advantageous and completely recyclable steel.
• Sonoco Phoenix INC procured Ball Corporation to build up a food processor that depends on metal jars to ensure and save food.
• Robert Bosch opens another office in Egypt that is likely to serve the developing packaging business sector of the Middle East and Africa.
• Ardagh Group declared the extension in the food and refreshment market by securing certain processing resources from Ball Corporation in Middle East and Africa Food company Dalacin.

Drivers:

Key factors that drive the Middle East and Africa food packaging market development incorporate a more prominent interest for packaged and processed food sources, more noteworthy accessibility of a few helpful food alternatives, a more prominent interest for milk-based items, more noteworthy urbanization and recyclable and reusable jars. Significant impediments in the food packaging market incorporate expanded accessibility of elective packaging arrangements, alongside exacting government guidelines for safe packaging. Canned foods are one of the fundamental wellsprings of supplements as they shield food from outside conditions and give clean canned food sources.

Restraints:

Exacting guidelines on food packaging and materials that come into contact with food can confine the development of the food packaging market in a brief timeframe. Packaging innovation is important to offset food insurance with significant issues, for example, material and vitality costs, more prominent natural and social mindfulness, strong waste removal and exacting guidelines on contaminants.

Middle East and Africa Food Packaging Market Segmentation Analysis:

By Material Analysis:

By material, the MEA food packaging market is categorized as metal, paper & paperboard, glass, wood, and plastics. The paper and paperboard segment accounted for a noteworthy share due to its augmenting applications in food packaging of various food products likefruits, vegetables, and beverages. Glass segment is also experiencing a notable growth because of its ability to protect food products for an extended period compared to others. The properties of plastic like lightweight, cheaper costs, durability and others are making it a prominent choice among consumers around the world.

By Product Analysis:

Based on the product, the MEA market is divided into rigid, semi-rigid, and flexible. Rigid packaging sector registered the most significant portion of this business due to its applications in the packing of vegetables, fruits, and other food products. Semi-rigid packaging is often employed for the packaging of food packaging to secure them from conditions like humidity, decay, and rough climates. Besides, flexible packaging is likely to retain tremendous need due to the mount in technological progressions and innovative solutions for product packaging.

By Application Analysis:

As per application trends, the local market is segmented as bakery & confectionery, dairy products, fruits & vegetables, meat, poultry & seafood, sauces, dressings and condiments, and others. Amongst these, the bakery & confectionery segment is foreseen to continue its lion’s share in terms of value and volume over the calculated period. Food packaging recorded tremendous demand attributable to special packaging for various food products. Fruits and vegetables can be easily damaged when exposed to moisture and hence, need flexible packaging. Also, the rise in meat, poultry & seafood sector can be credited to the rising need for these products across the globe. Sauces and dressings are often marketed using rigid packaging as they are non-perishable in nature.

Regional Analysis:

As indicated by topography, it is assessed that the Middle East food packaging market has a significant piece of the overall industry because of the higher utilization of canned refreshments and processed food sources and the more prominent interest for reasonable items in the locale. The noticeable areas in the Middle East and Africa market are Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa.

Key Players in the Market:

Major Key Players in the MEA Food Packaging Market are

• Mondi Group
• Crown Holdings Inc.
• DS Smith Plc
• Amcor plc
• Berry Global Inc.
• Orora Ltd.
• Owens-Illinois Inc.
• Ardagh Group S.A.
• Ball Corporation
• CPMC Holdings Ltd.
• International Paper Co.
• Sealed Air Corp.