Packaging Industry in the United Arab Emirates Market - 2019-2024

Market Overview

The packaging industry in the United Arab Emirates is expected to register a CAGR of 4.2% during the forecast period. The most important feature to be integrated into packaging is functionality. There is an increasing demand for secondary packaging in the country, because of the rising trend of folding cartons in categories, such as perfumes and skincare. 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 in the country are investing in innovative packaging, in terms of both design and materials used, considering the demographic and lifestyle changes.

• There is a shift to larger pack sizes in food packaging. For example, large pack sizes, like Nutella's 750 g pack, are proving to be increasingly popular, as they offer better value, while in baby food, the rising popularity of growing-up milk formula is also supporting the sales of larger packs.
• There is slow growth in retail unit volume, due to the economic slowdown in the United Arab Emirates that hit the packaging industry, covering many packaging categories, including food, beauty and personal care, soft drinks, and home care. Companies are looking for alternative ways for offering multipacks and larger pack sizes, which are more economical, as well as smaller packs, which are more affordable. High taxation in canned packaging is a factor that impacts the demand adversely.
• Government bodies are setting packaging requirements for food companies by making changes to comply with the regulations pertaining to beauty and personal care. New rules and regulations have been introduced for milk, juices, and other beverages. Innovative pack designs are seen in beauty and personal care. There is an increasing focus on environment-friendly packaging.

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Scope of the Report

There is a rise in eco-friendly packaging in the country, 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.

This report provides comprehensive analysis of Key market segments and sub-segments Evolving market trends and dynamics Changing supply and demand scenarios Quantifying market opportunities through market sizing and market forecasting Tracking current trends/opportunities/challenges Competitive insights Opportunity mapping in terms of technological breakthroughs

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Key Market Trends

Food Segment is Expected to Witness Significant Growth

• The adoption of sustainable packaging is one of the vital food packaging trends in the United Arab Emirates that may impact the growth of the packaging market in the country. Factors contributing to the growth in the country are the 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.

There is a rising demand for packaged food among consumers, owing to the changing eating habits, and the quickening pace of life is expected to have a major impact on the industry. Packaged food items offer extended and stable shelf life, high barrier properties, and safety, thereby, boosting the industry growth. Food safety is one of the primary factors driving the market, as the quality of food is a significant issue faced by the manufacturers and consumers of food products.

With the 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 three-ply films that replace materials, such as metalized OPET, OPP, or foil.

Competitive Landscape

The packaging industry in the United Arab Emirates is neither fragmented nor consolidated. Owing to the presence of some of the local producers of raw materials, the market has reached such a structure. Many companies are investing in R&D activities across the country to help the industry to grow further.

• May 2019 - Amcor Limited and Bemis Company Inc. announced that they received regulatory clearance from the US Department of Justice, in relation to the combination of the two companies. A condition of this approval is the previously announced sales of certain Amcor assets located in the United States to Tekni-Plex Inc.
• February 2019 - Amcor Limited launched Genesis, a new in-store recyclable laminate solution, targeting a wide range of segments, including fresh fruits and vegetables, frozen food, dried fruits, nuts, confectionery, chilled goods, and pet food. The product is adaptable to a variety of packaging types and is appropriate for specific medical, home, and personal care markets.
• February 2019 - Gulf Printing and Packaging is paving the path for future growth, as it is looking for scope in the food packaging market and it is planning to expand further in the future.
• January 2019 - Amcor Limited and Danone partnered to develop a new package for its new all-natural spoonable yogurt sold in Argentina. The new PET jar supports the 100% natural positioning of Danone's La Serenísima's yogurt, with featured engraving, a finely finished base, and a body-wrap label.

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The study is a source of reliable data on:

Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

Customization of the Report

• Value chain analysis
• Consumer behavior analysis at country level

The report includes six parts, dealing with: 1.) basic information; 2.) the Asia Packaging Industry in the United Arab Emirates Speaker Market; 3.) the North American Packaging Industry in the United Arab Emirates Speaker Market; 4.) the European Packaging Industry in the United Arab Emirates Speaker Market; 5.) market entry and investment feasibility; 6.) the report conclusion.

Table of Content: Packaging Industry in the United Arab Emirates

1 Study Coverage

2 Executive Summary

3 Breakdown Data by Manufacturers

4 Breakdown Data by Type

5 Breakdown Data by Application

…

11 Company Profiles

12 Future Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis

14 Value Chain and Sales Channels Analysis

15 Research Findings and Conclusion

16 Appendix

Continued …

The key insights of The Report Research:

1.The report Research provides key statistics on the market status of the Packaging Industry in the United Arab Emirates manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. 2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology. 3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors. 4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. 5.The report Research estimates 2019-2024 market development trends of Packaging Industry in the United Arab Emirates industry. 6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out 7.The report Research makes some important proposals for a new project of Packaging Industry in the United Arab Emirates Industry before evaluating its feasibility.

Reasons to Purchase this Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis * Market dynamics scenario, along with growth opportunities of the market in the years to come * Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects * Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market. * Market value (USD Million) and volume (Units Million) data for each segment and sub-segment * Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years * Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players * 1-year analyst support, along with the data support in excel format.

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