GCC Corrugated Boxes Market

GCC Corrugated Boxes Market Overview:

The GCC corrugated boxes market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Corrugated boxes are packaging materials manufactured by layering sheets of fiberboard. They comprise an inside liner, an outside liner, and a middle medium that has a ripping or wavy pattern to increase their structural strength. They are designed to undergo an edge crush test (ECT) by manufacturers to verify their compressive strength. They are available as slotted, telescope, folder, storage files, and bin boxes. They are lightweight and provide enhanced protection for various materials stored. They are produced from paper pulp or recycled paper boxes and remain intact even when exposed to moisture, dust, temperature changes, and electric shocks. They eliminate the requirement of bubble wrapping for extra protection of products as corrugated boxes are more durable as compared to conventional cardboard boxes. They are utilized by online businesses to improve their product packaging. They can also be customized according to the required shape and size and designed with the brand logos and prints to create customized retail packaging.

At present, the increasing demand for corrugated boxes due to their versatility and durability represents one of the primary factors influencing the market positively in the GCC region. Besides this, there is a rise in the utilization of corrugated boxes by logistics and shipping services to pack items before delivering them safely. This, coupled with the rising online shopping activities of individuals to save time and avail discounts, is bolstering the growth of the market across the region. In addition, the growing adoption of eco-friendly packaging by businesses in the region to avoid plastic covering and bubble wraps is offering a favorable market outlook. Apart from this, the increasing employment of corrugated boxes in the food and beverage (F&B) industry to provide cushioning, ventilation, moisture resistance, and protection to various perishable products is contributing to the growth of the market in the GCC region. Additionally, governing agencies in the region are imposing stringent policies to minimize the usage of plastics and reduce the negative impacts of plastic pollution on the environment and human health. Furthermore, key manufacturers are investing in research and development (R&D) activities to improve chemical resistance and upgrade the dimension stability of corrugated boxes in the GCC region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC corrugated boxes market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC corrugated boxes market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC corrugated boxes market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC corrugated boxes market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC corrugated boxes market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC corrugated boxes market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC corrugated boxes market industry. Furthermore, the value chain analysis of the GCC corrugated boxes market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Corrugated Boxes Market Segment Insights:

The GCC corrugated boxes market has been analysed as followed:

Segmentation by Material:

• Recycled Corrugates
• Virgin Corrugates

Segmentation by End-Use:

• Food Products and Beverages
• Paper Products
• Electrical and Electronic Goods
• Personal & Household Care Goods
• Chemicals
• Glassware and Ceramics
• Textile Goods
• Others

Segmentation by Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Corrugated Boxes Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customization:

The GCC corrugated boxes market report can be customized to as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.