GCC Flexible Packaging Market to Reach US$ 2.5 Billion by 2024- IMARC Group

1. GCC Flexible Packaging Market Research Report and Forecast Till 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description GCC Flexible Packaging Market Report By Product Type (Pouches & Bags, Squeezable Bottles and Others), Application (Food & Beverages, Non-Food, Consumer Products, Pharmaceuticals and Others), Raw Material Type, Printing Technology, Region Over the past few years, the GCC flexible packaging market has witnessed strong growth. This can be accredited to the thriving processed and packaged food industry and the increasing sales of pharmaceutical products across the GCC region. Market Overview: According to the latest report by IMARC Group, titled “GCC Flexible Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the GCC flexible packaging market reached a value of US$ 1.6 Billion in 2018. Flexible packaging consists of easy molding packages that have no rigid structure. These packaging solutions have aroma retention and barrier properties and come in re-sealable packs which make them suitable for packing moisture-sensitive products. This type of packaging may include bags, pouches, plastics, films, foils and liners or a combination of these materials. At present, one of the key factors driving the GCC flexible packaging market is the extensive utilization of these packaging solutions in the fast-moving consumer goods (FMCG) sector which is witnessing rapid expansion in the region.

4. Report Description and Highlights Report Description Market Trends: The processed and packaged food industry in the GCC region is currently experiencing rapid growth owing to the rising population, high income levels and shifting dietary patterns. Cost-effectiveness and longer shelf-life of food products are two of the key benefits offered by flexible packaging that are driving the market growth. Flexible packaging also provides other benefits such as light-weight, ease of opening, carrying, storing and resealing, and various customization options which add to the products’ aesthetic appeal. Besides, it requires less energy for production which results in significantly lesser carbon emissions as compared to rigid packaging, thus making it a sustainable option of packaging goods. Moreover, rapid urbanization, sedentary lifestyles and regular consumption of fast food in the GCC region have led to a significant increase in the number of cases of chronic diseases, such as obesity, diabetes and cardiovascular diseases. This is boosting the overall sales of pharmaceutical products which, in turn, is strengthening the demand for flexible packaging in this sector. On account of the aforementioned factors, the GCC flexible packaging market size is anticipated to reach US$ 2.5 Billion by 2024, growing at a CAGR of around 8% during 2019-2024. GCC Flexible Packaging Market Segmentation: Market Segmentation by Product Type Request for a sample report: https://www.imarcgroup.com/gcc-flexible-packaging-market/requestsample

5. Market Forecast Sample Figure: GCC: Flexible Packaging Market Forecast: Sales Volume (in Kilo Tons), 2019-2024

6. Market Segmentation Report Description • Pouches and Bags • Squeezable Bottles • Others • Based on the product type, the pouches and bags segment represents the most popular segment, followed by squeezable bottles. • Market Segmentation by Application • Food and Beverages • Non-Food • Consumer Products • Pharmaceuticals • Others • On the basis of the application, the market has been segregated into food and beverages, non-food products, consumer products, pharmaceuticals and others. Currently, the food and beverages segment exhibits a clear dominance in the market. • For more information, click here: https://www.imarcgroup.com/gcc-flexible-packaging-market

7. Market Segmentation Report Description • Market Segmentation by Region • Saudi Arabia • UAE • Oman • Kuwait • Bahrain • Qatar • On the geographical front, Saudi Arabia holds the dominant market share. Other major regions include the UAE, Oman, Kuwait, Bahrain and Qatar. • Market Segmentation by Raw Material Type • Polymer • Paper • Foil • On the basis of the raw material, the market has been divided into polymer, paper and foil. Amongst these, polymers account for the majority of the total market share.

8. Market Segmentation Report Description • Market Segmentation by Printing Technology • Rotogravure • Flexography • Offset • Digital • Others • Based on the printing technology, the market has been classified into rotogravure, flexography, offset, digital and others. At present, rotogravure holds the dominant market share. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Huhtamaki • Rotopak • Arabian Packaging • Integrated Packaging • Emirates Printing Press

9. Market Segmentation Report Description • Emirates Technopack • Fujairah Plastics • Amber Packaging Industries LLC • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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