Market Overview:

The GCC flexible packaging market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a CAGR of 6.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Flexible packaging refers to any package that is made up of flexible and easy yielding materials that has no rigid structure of its own (such as hard plastics), but actually conforms – and follows the contours of – the product that is enclosed within it. Flexible packaging may include bags, pouches, liners, plastic, film, aluminum foil, metalized or coated paper or film, or any combination of these materials. Flexible packaging currently represents the fastest growing segment of the packaging industry and is used for consumer and institutional products and in industrial applications, to protect, market, and distribute a vast array of products.

The market for flexible packaging is currently exhibiting strong growth in the GCC region largely driven by a continuous growth in its end use sectors such as food, retail, consumer goods, pharmaceuticals, etc. Catalyzed by rising levels of urbanization, changing dietary habits, large expatriate population and increasing penetration of organized retail formats such as hypermarkets and supermarkets, the processed and packaged food market in the GCC region is currently exhibiting strong growth. Moreover, driven by economic growth and rising personnel disposable incomes, the retail and consumer goods market in the region is also experiencing strong growth. Additionally, the rising prevalence of various chronic and acute diseases coupled with increasing geriatric population is driving the demand of pharmaceuticals in the region.

Flexible packaging offers numerous advantages over rigid packaging. It helps in extending the shelf life of various products, particularly food, and has a positive sustainability profile. Flexible packaging also requires lower energy to produce and to transport, and generates lower quantities of greenhouse gases. Additionally, it also offers convenience to consumers as it is light-weight, easy to open, carry, store, and reseal. All the major traditional benefits of rigid packaging can be realized from flexible packaging with the added advantages of lower cost and greater flexibility. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC flexible packaging market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on raw material type, product type, application and printing technology.

Regional Insights:

• Saudi Arabia
• UAE
• Oman
• Kuwait
• Bahrain
• Qatar
   

Based on the region, the market has been segmented into Saudi Arabia, UAE, Oman, Kuwait, Bahrain and Qatar. Currently, Saudi Arabia dominates the total GCC flexible packaging market.

Breakup by Raw Material Type:

• Polymer
• Paper
• Foil
   

Based on the raw material type, the market has been segmented into polymer, paper and foil. Polymers currently represent the most popular raw material type.

Breakup by Product Type:

• Pouches and Bags
• Squeezable Bottles
• Others
   

Based on the product type, pouches and bags represent the biggest segment.

Breakup by Application:

• Food and Beverages
• Non-Food
• Consumer Products
• Pharmaceuticals
• Others
   

Based on the application, the food and beverages industry dominates the flexible packaging market.

Breakup by Printing Technology:

• Rotogravure
• Flexography
• Offset
• Digital
• Others
   

On the basis of printing technology, the market has been segmented into rotogravure, flexography, offset, digital and others. Amongst these, rotogravure currently represents the most popular printing technology.

Competitive Landscape:

The report has also analysed the competitive landscape of the GCC flexible packaging market. Some of the key players include:

• Huhtamaki
• Rotopak
• Arabian Packaging
• Integrated Plastics Packaging
• Emirates Printing Press
• Emirates Technopack
• Fujairah Plastics
• Amber Packaging Industries LLC
• Saudi Printing & Packaging Co.
• Printo Pack
• APSCO
   

Report Coverage:

Key Questions Answered in This Report:

• How has the GCC flexible packaging market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the GCC flexible packaging industry?
• What are the key regional markets in the GCC flexible packaging industry?
• What are the major application segments in the GCC flexible packaging industry?
• What are the major raw material types in the GCC flexible packaging industry?
• What are the key product types in the GCC flexible packaging industry?
• What are the key printing technologies in the GCC flexible packaging industry?
• What are the price trends of flexible packaging in the GCC region?
• What are the various stages in the value chain of the GCC flexible packaging market?
• What are the key driving factors and challenges in the GCC flexible packaging market?
• What is the structure of the GCC flexible packaging market and who are the key players?
• What is the degree of competition in the GCC flexible packaging market?
• How is flexible packaging manufactured?