Research and Markets: MENA Packaging MarketOutlook 2018 - Increase in Consumer Preference for Flexible Plastic Packaging

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/xtmgvp/packaging_market) has announced the addition of the "Packaging Market in MENA Region 2014-2018" report to their offering.

The analysts forecast the Packaging market in MENA to grow at a CAGR of 4.21 percent over the period 2013-2018.

Packaging plays a very significant role in transportation, warehousing, logistics, sale, and end use. Packaging materials are created as per the convenience of the customer and the requirement of the products. Apart from providing convenience to customers, packaging plays a major role in attracting customers to purchase the product. Vendors in the market produce packaging materials through sustainable, renewable, and recyclable raw materials. These include paper, plastic, metal, glass, and flexible materials.

One major trend in the market is the increase in consumer preference for flexible packaging. There is a shift from rigid to flexible packaging because of its lightweight, easy-to-use, and disposable qualities, its barrier properties, and its tensile strength.

According to the report, the popularity of packaging in the MENA region is the result of changing consumer tastes and lifestyles and an increase in the purchase of grocery items, including frozen and chilled foods, from organized retail stores. These stores prefer packaged goods only and will drive the demand for packaging solutions.

Further, the report states that one of the main challenges hindering the growth of this market is the high initial capital investment involved in the business. Vendors need huge capital to enter the market both for initial investments and for adopting new technologies.

Based on product type, the Packaging market in MENA can be segmented into:

  • Rigid Plastics Packaging
  • Paperboard Packaging
  • Glass Packaging
  • Metal Packaging
  • Flexible Packaging
  • Other Packaging

Key Vendors

  • DS Smith
  • INDEVCO
  • International Paper EMEA
  • Mondi
  • Rexam

Other Prominent Vendors

  • Al Ghurair Group
  • Arabian Paper Products
  • Constantia Flexibles
  • Enpee Group
  • Falcon Pack
  • FIPCO
  • JBK Rak
  • Manama Packaging
  • National Packaging Factory
  • Noor Carton and Packaging Industry
  • Obeikan Group
  • Omani Packaging Company
  • Sun Packaging
  • ULMA Packaging
  • Unipack Containers & Carton Products
  • UNITED CARTON INDUSTRIES

For more information visit http://www.researchandmarkets.com/research/xtmgvp/packaging_market

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Packaging

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Packaging