GCC Packaging Market A Dive from 4.3% CAGR in 2024-30| MarkNtel Advisors
MarkNtel Advisors has recently released an all-encompassing report on GCC Packaging market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2024-30: Revealing GCC Packaging Market Insights and Analysis
The GCC Packaging Market size is estimated to grow at a CAGR of around 4.3% during the forecast period, i.e., 2024–30.
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Driving Innovation: Exploring the GCC Packaging Market and its Growth Driver
GCC Packaging Market Driver:
Increasing Demand for Cosmetics & Personal Care Products Driving Market Growth – Rising disposable incomes, changing lifestyles, and an increasing emphasis on personal grooming and appearance have fueled the demand for cosmetics and personal care products in the region. Additionally, the influence of social media and celebrity endorsements has spurred consumer awareness and interest in cosmetics. To cater to this demand, local and international beauty brands are expanding their presence in the GCC, offering a wide range of locally manufactured products tailored to diverse consumer preferences and skin types. For Instance,
- In 2022, India-based skincare brand Aminu expanded its presence in the Middle East market, with a focus on the UAE and Saudi Arabia.
With the GCC emerging as a hub for cosmetic and personal care production, local and international manufacturers are investing in state-of-the-art cosmetic manufacturing facilities to meet the evolving needs of consumers. With rising manufacturing, the demand for premium, aesthetically pleasing, and durable packaging options is boosting, consequently driving the growth of the GCC Packaging Industry.
GCC Packaging Market: Key Players
Tetra Pak International
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Mondi PLC
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Najmuddin Packaging & Refilling Industry Llc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Aptar Group Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
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GCC Packaging Market Segmentation Outline:
By Material
-Plastic- Market Size & Forecast 2019-2030, USD Million
-Metal- Market Size & Forecast 2019-2030, USD Million
-Glass- Market Size & Forecast 2019-2030, USD Million
-Paper and Paperboard- Market Size & Forecast 2019-2030, USD Million
By Packaging Type
-Rigid- Market Size & Forecast 2019-2030, USD Million
-Flexible- Market Size & Forecast 2019-2030, USD Million
By End-User
-Food & Beverage- Market Size & Forecast 2019-2030, USD Million
-Pharmaceutical- Market Size & Forecast 2019-2030, USD Million
-Personal/Homecare- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
By Country
-The UAE
-Saudi Arabia
-Qatar
-Oman
-Kuwait
-Bahrain
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