GCC Green Packaging Market

Market Overview:

The GCC green packaging market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Green packaging refers to the use of biodegradable materials, like plant-based plastics, recycled paper, Styrofoam, and re-used polyethylene (PE) bags for the packaging of various products. It is energy-efficient in nature as it employs alternative energy sources, such as wind, solar, and biofuel, in the supply-chain processes. Some of the common green packaging solutions include renewable resource-based packaging and packaging optimized with additives. As compared to traditionally used synthetic packaging, green packaging has a lower carbon footprint, which is beneficial in reducing environmental degradation and soil, air, and water pollution.

One of the key factors driving the GCC green packaging market is rising consumer awareness toward environmental conservation. Additionally, rapid industrialization, along with reduced costs of recyclable products, is further supporting the market growth. Moreover, the increasing adoption of eco-friendly packaging solutions in several end-use industries, especially the food and beverage (F&B) industry, is acting as another growth-inducing factor. Apart from this, governments of various countries in the region are enforcing favorable regulations to promote the use of green packaging, which is creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the GCC green packaging market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on packaging type and end use industry.

Breakup by Packaging Type:

• Recycled Content Packaging
  • Paper
  • Plastic
  • Metal
  • Glass
  • Others
• Reusable Packaging
  • Drum
  • Plastic Container
  • Others
• Degradable Packaging
   

Breakup by End Use Industry:

• Food Industry
• Beverage Industry
• Healthcare Industry
• Personal Care Industry
• Others
   

Breakup by Country:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the GCC green 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 green packaging market?
• What are the key regional markets?
• What is the breakup of the market based on the packaging type?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the GCC green packaging market and who are the key players?
• What is the degree of competition in the industry?