(MENAFN- The Expresswire) Packaging Industry In UAE Market 2020: Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Sales Revenue by Regional Forecast By 360 Market Updates
Posted on Jul 7 2020 5:06 AM
"A collective analysis on 'Packaging Industry In UAE market' by 360 Market Updates, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors.
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Global "Packaging Industry In UAE Market" Report 2020 offers a comprehensive breakdown of industry status and outlook of major regions based on of key players, countries, product types, and end industries. This report focuses on the Packaging Industry In UAE in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.Packaging Industry In UAE Market report categorizes the market based on manufacturers, regions, type and application. This report also studies the worldwide market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Packaging Industry In UAE Market size (value and volume) by players, regions, product types and end industries, history data 2020 and forecast data 2024. Also, Packaging Industry In UAE Market is expected to grow at a CAGR of 4.2% during the forecast period of (2020 2024). And report provides a complete market overview, list of top manufactures, scope of the report, key market trends of Packaging Industry In UAE market, and main aspect about the report- why should you buy this research report? so don't miss it.
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Packaging Industry In UAE Market summary:
The packaging industry in the UAE is expected to register a CAGR of 4.2% during the forecast period (2020 - 2024). The most important feature to be integrated into packaging is functionality. There is a growing demand for secondary packaging for this region because of the increasing trend in categories such as perfumes and skincare through folding cartons. 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 present in this region are investing in innovative packaging in terms of both design and materials used considering demographic and lifestyle changes.
- There is a shift to larger pack sizes in food packaging. For example, large pack sizes like Nutella's 750g in spreads are proving increasingly popular as they offer better value, while in baby food the rising popularity of growing-up milk formula is also supporting sales of larger packs.
- There is slower growth in retail unit volume due to the economic slowdown in the United Arab Emirates which hit the packaging industry, with many packaging categories including food, beauty, and personal care, soft drinks and home care. Companies are looking for alternative ways of offering multipacks and larger pack sizes, which are more economical, as well as smaller packs which are more affordable. High taxation in canned packaging has been a factor that impacted the demand adversely.
- Government bodies are setting packaging requirements for food companies by making changes to comply with the regulation of beauty and personal care. New rules and regulations are made for milk, juice, and other beverages. Innovative pack design is seen in beauty and personal care. There is a growing focus on environmentally-friendly packaging.
The Global Packaging Industry In UAE market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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With tables and figures helping analyze worldwide Global Packaging Industry In UAE market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
List of Top Key-players/Leading Manufacturers of Packaging Industry In UAE Market Size:
- Tetra Pak International
- Mondi Group
- Bemis Company Inc.
- Amcor Ltd.
- Winpak LLC
- Rotopak LLC
- Gulf East Paper and Plastic Industries LLC
- Arabian Packaging LLC
- Amber Packaging Industries LLC
- Diamond Packaging Industries LLC
- Corys Packaging LLC
- DS Smith PLC
Scope of the Packaging Industry In UAE Market Report:
There is a rise in eco-friendly packaging in the region 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.
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Key Trends of Packaging Industry In UAE Market:
Food Sector Expected to Witness Significant Growth
- The adoption of sustainable packaging is one of the vital food packaging market trend in UAE that will impact the growth of the market in this region. Factors contributing to the growth in this region are 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.456- There is a growing demand for packaged food by consumers owing to changing eating habits, and the quickening pace of life is expected to have a major impact on the industry. The product offers extended and stable shelf-life, high barrier properties, and safety, thereby boosting industry growth. Food safety is one of the primary factor driving the market as the quality of food is a significant issue faced by manufacturers and consumers of food products.456- With 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 3-ply films that replace materials such as metalized OPET, OPP, or foil.
This Packaging Industry In UAE Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Packaging Industry In UAE? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Packaging Industry In UAE Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Packaging Industry In UAE Market? What Was Capacity, Production Value, Cost and PROFIT of Packaging Industry In UAE Market?
- What Is Current Market Status of Packaging Industry In UAE Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Packaging Industry In UAE Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Packaging Industry In UAE Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Packaging Industry In UAE Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Packaging Industry In UAE Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Packaging Industry In UAE Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Packaging Industry In UAE Industry?
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Fundamental Reasons to buy Packaging Industry In UAE Market Report:
- Determine prospective investment areas based on a detailed trend analysis of the global Packaging Industry In UAE market over the next years.
- Gain in-depth understanding about the underlying factors driving demand for different Packaging Industry In UAE segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Packaging Industry In UAE market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Packaging Industry In UAE market.
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Packaging Industry In UAE solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Overview of TOC, what it contains?
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Product Type
5.2 Distribution Channel
6 COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategy
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Continued..
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