GCC Food Packaging Market Overview:
The GCC food packaging market was worth US$ XX Billion in 2023, expanding at a CAGR of X% during 2018-2023. Looking forward, the market is projected to grow at a CAGR of around X% during 2024-2032, reaching a value of US$ XX Billion by 2032. Food packaging refers to the enclosing of any food item to prevent its spillage, tampering and contamination. It offers extended shelf-life and aids in the preservation and transportation of food products without affecting the taste. It is also used to convey information about the contents and serves as a modern marketing medium to attract consumers.
The escalating demand for packaged food and ready-to-eat (RTE) items due to changing eating habits and hectic lifestyles represent the primary factor driving the GCC food packaging market. Additionally, the growing urban population and the increasing popularity of single-serve packs are also catalyzing the product demand in the GCC countries. Furthermore, the high disposable incomes, emerging online food retail and production facilities and rapid adoption of eco-friendly food packaging are some of the other factors anticipated to propel the market growth across the region.
GCC Food Packaging Market Segment Insights:
The GCC food packaging market has been analysed as followed:
Segmentation by Packaging Type:
Segmentation by Application:
Segmentation by Country:
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 Food Packaging Market Report:
Report Customisation:
The GCC food packaging market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.
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