Mena Industrial Packaging Market

Industrial Packaging Market: Plastic Material Type Segment Expected to Lead in Terms of Market Share During the Forecast Period: MENA Industry Analysis and Opportunity Assessment 2016-2024

  • REP-MA-3880
  • 2017-05-16
  • 125 Pages
  • Format: pdf ppt
  • Category: Packaging

Sales of industrial packaging in MENA region was valued in excess of US$ 3,300 Mn in 2016 and is projected to be valued at more than US$ 5,000 Mn by 2024. Sales revenue is expected to increase at a CAGR of 5.2% during the forecast period (2016–2024). GCC is anticipated to be a rapidly expanding market for industrial packaging in the MENA region, registering a CAGR of 5.7% during the forecast period.

Extended use of larger size, higher value containers aiding the growth of the MENA industrial packaging market

There has been a continuous improvement in industrial packaging products due to the evolution in product design over the years, and this has increased the value being offered to the end user. As a result, adoption of packaging solutions has increased among industrial users, due to which market demand has risen. From the vintage designed MS barrels to improved MS barrels and improved time designed drums, the industrial bulk packaging sector is again witnessing transition where buyers are posting demands for bulk containers. In addition, global trade in industrial products has increased three-fold over the past decade, necessitating non-traditional industry players such as bio-chemical manufacturers and food-grade ingredient manufacturers to use these containers. Furthermore, international trade is projected to remain positive for the next five years. It is evident that there will be a significant demand for industrial packaging products across the Middle East & Africa region.

The focus on non-oil economy by Middle Eastern governments is expected to benefit the MENA industrial packaging market

The economics in the MENA region have been traditionally focussed around the oil and gas exploration sector. However, over the years, there has been a gradual shift in the economic focus of the countries in this region towards non-oil based industrial activities. Crude oil is rated dynamic in nature and economic over dependency on this sector can affect the stability of this region. Moreover, oil is an exhaustible resource; thus new business verticals need to be developed as the oil and gas industry dwindles. As compared to other regions, non-oil goods and services play a much smaller role in the MENA region. Yet, exports and especially non-oil exports are estimated to play a key role in developing the robust and inclusive growth model to secure the economic future of the MENA region. End-use industries such as plastics and rubber, automotive, electronics and agriculture are anticipated to show an incremental growth in this region during the forecast period. Therefore, the demand for industrial packaging is predicted to witness a sharp increase leading to the growth of the industrial packaging market in the MENA region.

Stringent environmental rules and regulations may restrict the growth of the MENA industrial packaging market

Governments across the world are imposing stringent rules and regulations on the use of plastic that has an adverse impact on the environment. Plastics are derived from natural gas, chemicals and petroleum products, which are all non-renewable resources, and are further processed using techniques that ultimately harm the environment. Producers of plastics often dump toxic wastes in the land, air and water and such harmful toxic wastes get embedded in the food chain, leading to harmful effects on the entire ecosystem. Moreover, rising demand for synthetic plastics is harmful for the environment as it is non-biodegradable, which is a matter of concern for local and international governments. Plastic producers are working on modifying their manufacturing processes taking all such factors into consideration so as to minimise their environmental impact. These factors may restrict the growth of the MENA industrial packaging market over the assessment period.

MENA Industrial Packaging Market Analysis, by Material Type

  • More than 50% of the industrial packaging market in MENA region is composed of plastics. This segment is expected to gain 180 basis points during the forecast period due to growing industrialisation and manufacturers’ inclination toward this material

  • The metal packaging segment is likely to lose 190 basis points by the end of the forecast period

  • The plastic segment and paper & paperboard segment is expected to witness an above average Y-o-Y growth rate with a CAGR of 5.2% each during the forecast period

  • The fibre & wood segment is likely to demonstrate a below average Y-o-Y growth rate from 4.8% in 2015 to 3.3% in 2024, and the metal segment from 4.4% in 2015 to 4.5% in 2024

  • The plastic segment is anticipated to account for 52.9% share of the global industrial packaging market in 2016, and is expected to emerge as the most attractive segment in terms of CAGR and market share in the industrial packaging market by the end of 2024

mena industrial packaging market

The GCC market for industrial packaging will witness healthy growth of 1.6X by the end of the forecast period

The global industrial packaging market that earlier saw evolution and growth in the North America & European markets, is now gaining substantial footprint into the MENA market. With a boom in the manufacturing sector, the demand for cost-effective, lightweight and convenient industrial packaging solutions comprising plastic is on the high; consequently, the plastic segment is expected to emerge as the most attractive market segment over the forecast period across the MENA region. Oil & gas exploration is rampant in the GCC region. Also, chemical companies that significantly contribute to the GDP of the MENA region are willing to invest in the manufacturing of industrial packaging products such as Drums & IBCs for storage of oil & lubricant as well as petrochemical products. The GCC market for industrial packaging will witness healthy growth of 1.6X by the end of the forecast period, at the backdrop of a growing industrial sector. The market will also witness additional growth prospects due to affordable flexible packaging solutions being available to product manufacturers in large quantities.

Future Market Insights presents a detailed and a comprehensive outlook on the MENA industrial packaging market in its latest report titled ‘Industrial Packaging Market: MENA Industry Analysis and Opportunity Assessment 2016–2024.’ The report starts with an executive summary that presents an overview of the MENA industrial packaging market and comprises the market forecast numbers along with the CAGR during the forecast period 2016 – 2024. The overview also states the important regions and segments based on the market taxonomy that are most attractive in the MENA industrial packaging market. The executive summary also concisely lists the drivers and restraints operating in the MENA industrial packaging market that directly influence the growth of this market; a detailed explanation of these factors is taken up in another section of the report. The executive summary also lists the important players in the MENA industrial packaging market. At the end of the executive summary, there is a brief and yet informative Future Market Insights analysis on the overall market approach of key players operating in the MENA industrial packaging market along with a mention of the target geographies and the differentiating strategies of industrial packaging manufacturers present in this market.

Market Taxonomy

By Material Type

By Product Type

By Packaging Type

By End Use

By Region

  • Metal

  • Plastic

  • Paper & Wood

  • Fibre

  • Sacks

  • Drums

  • IBCs

  • Crates

  • Pails

  • Bulk Boxes

  • Others

  • Flexible

  • Rigid

  • Chemicals & Pharmaceuticals

  • Food and Beverage

  • Building & Construction

  • Automotive

  • Plastics & Rubber

  • Agriculture & Horticulture

  • Oil & Lubricants

  • Electronics

  • Engineering

  • Metal Products

  • Tobacco

  • Others

  • GCC

  • North Africa

  • South Africa

  • Rest of MEA


After the market taxonomy, there is a detailed and a comprehensive section of the report devoted to studying the market dynamics operating in the MENA industrial packaging market. These market dynamics comprise the drivers, restraints, trends and opportunities in the MENA industrial packaging market. This section of the report is important as it gives a detailed explanation of all the factors that influence the growth of the MENA industrial packaging market in a positive or negative manner and also lists out the trends and opportunities that are available in this market presently and during the forecast period. After the section on market dynamics, there is an explanation of the value chain analysis of the industrial packaging market. Another section lists the important raw material suppliers, manufacturers, distributors/retailors and end users of the MENA industrial packaging market. Thereafter, there is a section of the report devoted to the pricing analysis of the MENA industrial packaging market. A section lists the macroeconomic indicators likely to influence the MENA industrial packaging market and each macroeconomic indicator is discussed separately. After this, there is an important section of the report that discusses the product and application matrix for ecommerce pertaining to the MENA industrial packaging market. The levels of penetration, i.e. low, medium, and high are given in the matrix and each product type as per the market taxonomy is represented in this matrix and key takeaways are also discussed. The subsequent sections of the report discuss the MENA industrial packaging market by material type, product type, packaging type, end use and region. These sections of the report are important as they represent the pertinent market numbers and forecasts in the form of Basis Point Share analysis, year-on-year growth projections, absolute dollar opportunity and market attractiveness analysis.

The last section of the report is devoted to the competition landscape of the MENA industrial packaging market. This competition landscape gives a dashboard view of the key companies operating in the MENA industrial packaging market along with their important information and broad strategy adopted to stay as leaders in the MENA industrial packaging market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented. A SWOT analysis of each leading market player is also presented, providing detailed information about the strengths, weakness, opportunities and threats. The competition landscape is the most important section of the report as it imparts a deep understanding of the leading companies operating in the MENA industrial packaging market.         

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies operating in the industrial packaging market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the period of assessment. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the MENA industrial packaging market.

Table Of Content

1. Executive Summary – Industrial Packaging Market

2. Assumptions & Acronyms Used

3. Research Methodology

4. Market Overview – Industrial Packaging Market

4.1. Introduction

4.1.1. Industrial Packaging Market Definition

4.1.2. Industrial Packaging Market Taxonomy

4.2. Industrial Packaging Market Dynamics

4.2.1. Drivers

4.2.2. Macro-economic Factors Affecting Industrial Packaging Market

4.2.3. Restraints

4.2.4. Opportunities

4.3. Value and Supply Chain Analysis

4.4. Market Overview

4.4.1. Industry Chain

4.4.2. Profitability Margins

4.4.3. List of Active Participants

4.4.3.1. Raw Material Suppliers

4.4.3.2. Intermediate Products

4.4.3.3. Manufacturers

4.4.3.4. Distributors / Retailers

4.5. Pricing Analysis

4.5.1. Pricing Assumptions

4.5.2. Price Projections

4.6. Market Volume Analysis

4.6.1. Regional Production Outlook

4.6.2. Regional Consumption Outlook

4.6.3. Regional Production Vs. Consumption Outlook

4.7. Industrial Packaging Market Forecast, 2016-2024

4.7.1. Industrial Packaging MarketSize (Value) Forecast

4.7.1.1. Y-o-Y Growth Projections

4.7.1.2. Absolute $ Opportunity

4.8. Industrial Packaging Market Trends

4.9. Industrial Packaging Market Snapshot (2016)

4.9.1.  Market Share By Material Type

4.9.2.  Market Share By Product Type

4.9.3.  Market Share By Packaging Type

4.9.4.  Market Share By End Use

4.9.5.  Market Share By Region

5. Industrial Packaging Market Analysis, By Material Type

5.1. Introduction

5.1.1. Y-o-Y Growth Comparison, By Material Type

5.1.2. Basis Point Share (BPS) Analysis, By Material Type

5.1.3. Comparative Analysis, By Material Type

5.2. Industrial Packaging Market Size (US$ Mn) and Volume (Units)Forecast By Material Type

5.2.1. Metal

5.2.2. Plastic

5.2.3. Paper & Paperboard

5.2.4. Fiber & Wood

5.3. Industrial Packaging Market Attractiveness Analysis, By Material Type

5.4. Prominent Trends

6. Industrial Packaging Market Analysis, Product Type

6.1. Introduction

6.1.1. Y-o-Y Growth Comparison, Product Type

6.1.2. Basis Point Share (BPS) Analysis, Product Type

6.1.3. Comparative Analysis, Product Type

6.2. Industrial Packaging Market Size (US$ Mn) and Volume (Units) Forecast Product Type

6.2.1. Plastic Pallets

6.2.2. Drums

6.2.3. IBCs

6.2.4. Sacks

6.2.5. Pails

6.2.6. Crates

6.2.7. Tubes

6.2.8. Bulk Boxes

6.2.9. Other

6.3. Industrial Packaging Market Attractiveness Analysis, Product Type

6.4. Prominent Trends

7. Industrial Packaging Market Analysis, By Packaging Type

7.1. Introduction

7.1.1. Y-o-Y Growth Comparison, By Packaging Type

7.1.2. Market Share and BPS Analysis, By Packaging Type

7.1.3. Comparative Analysis, By Packaging Type

7.2. Industrial Packaging Market Size (US$ Mn) and Volume (Units) Forecast By Packaging Type

7.2.1. Rigid

7.2.2. Flexible

7.3. Industrial Packaging Market Attractiveness Analysis, By Packaging Type

7.4. Prominent Trends

8. Industrial Packaging Market Analysis, By End Use

8.1. Introduction

8.1.1. Y-o-Y Growth Comparison, By End Use

8.1.2. Market Share and BPS Analysis, By End Use

8.1.3. Comparative Analysis, By End Use

8.2. Industrial Packaging Market Size (US$ Mn) and Volume (Units) Forecast By End Use

8.2.1. Agriculture And Horticulture

8.2.2. Automotive

8.2.3. Building & Construction

8.2.4. Chemicals And Pharmaceuticals

8.2.5. Engineering

8.2.6. Food & Beverages

8.2.7. Metal Products

8.2.8. Oil & Lubricants

8.2.9. Plastics And Rubber

8.2.10.  Furniture

8.2.11.  Electronics

8.2.12.  E-Commerce

8.2.13.  Tobacco

8.2.14.  Other

8.3. Industrial Packaging Market Attractiveness Analysis, By End Use

8.4. Prominent Trends

9. Industrial Packaging Market Analysis, By Region

9.1. Introduction

9.1.1. Y-o-Y Growth Projections, By Region

9.1.2. Basis Point Share (BPS) Analysis, By Region

9.2. Industrial Packaging Market Forecast By Region

9.2.1. GCC Market Value Forecast

9.2.1.1. Saudi Arabia Market Value Forecast

9.2.1.2. Kuwait Market Value Forecast

9.2.1.3. United Arab Emirates Market Value Forecast

9.2.1.4. Qatar Market Value Forecast

9.2.1.5. Bahrain Market Value Forecast

9.2.1.6. Oman Market Value Forecast

9.2.2. North Africa Market Value Forecast

9.2.3. South Africa Market Value Forecast

9.2.4. Rest of MEA Market Value Forecast

9.3. Regional Attractiveness Analysis

9.4. Prominent Trend

9.5. Drivers and Restraints: Impact Analysis

10. Competition Landscape

10.1.  Competition Dashboard

10.2. Market Structure

10.3. Company Profiles (Overview, Financials, SWOT Analysis, Strategy Overview)

10.3.1.  Balmer Lawrie & Co. Ltd.

10.3.2.  Time Technoplast Ltd.

10.3.3. Greif, Inc.

10.3.4.  Mauser Group B.V.

10.3.5.  Gulf Plastic Industries Company SAOG

10.3.6. Clouds Drums L.L.C.

10.3.7.  International Paper

List of Tables

Table 01: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Material Type, 2014–2024

Table 02: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Product Type, 2014–2024

Table 03: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Packaging Type, 2014–2024

Table 04: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by GCC Region, 2014–2024

Table 05: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by MENA, 2014–2024

List of Figures

Figure 01 : MENA Industrial Packaging Market Value Share, By Material Type, 2016

Figure 02: MENA Industrial Packaging Market Share &  BPS Analysis by Material Type, 2016 & 2024

Figure 03: MENA Industrial Packaging Market Revenue Y-o-Y  Growth by Material type, 2015–2024

Figure 04: MENA Industrial Packaging Market Attractiveness Index by Material type, 2016–2024

Figure 05: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Metal segment,  2015–2024

Figure 06: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Metal segment, 2016–2024

Figure 07: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Plastic segment,  2015–2024

Figure 08: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Plastic segment, 2016–2024

Figure 09: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Paper & Paperboard segment,  2015–2024

Figure 10: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Paper & Paperboard segment, 2016–2024

Figure 11: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Fiber & Wood segment,  2015–2024

Figure 12: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Fiber & Wood segment, 2016–2024

Figure 13 : MENA Industrial Packaging Market Value Share, By Material Type, 2016

Figure 14: MENA Industrial Packaging Market Share &  BPS Analysis by Product Type, 2016 & 2024

Figure 15: MENA Industrial Packaging Market Revenue Y-o-Y  Growth by Product type, 2015–2024

Figure 16: MENA Industrial Packaging Market Attractiveness Index by Product type, 2016–2024

Figure 17: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Plastic Pallets Segment, 2016–2024

Figure 18: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Drums Segment, 2016–2024

Figure 19: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by IBCs Segment, 2016–2024

Figure 20: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Sacks Segment, 2016–2024

Figure 21: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Pails Segment, 2016–2024

Figure 22: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Crates Segment, 2016–2024

Figure 23: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Tubes Segment, 2016–2024

Figure 24: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Bulk Boxes Segment, 2016–2024

Figure 25: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016–2024

Figure 26 : MENA Industrial Packaging Market Value Share, By Packaging Type, 2016

Figure 27: MENA Industrial Packaging Market Share &  BPS Analysis by Packaging Type, 2016 & 2024

Figure 28: MENA Industrial Packaging Market Revenue Y-o-Y  Growth by Packaging type, 2015–2024

Figure 29: MENA Industrial Packaging Market Attractiveness Index by Packaging type, 2016–2024

Figure 30: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Rigid Packaging segment,  2015–2024

Figure 31: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Rigid Packaging segment, 2016–2024

Figure 32: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Flexible Packaging segment,  2015–2024

Figure 33: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Flexible Packaging segment, 2016–2024

Figure 34: MENA Industrial Packaging Market Value Share, By End Use, 2016

Figure 35: Global Industrial Packaging Market Share &  BPS Analysis by End Use, 2016 & 2024

Figure 36: Global Industrial Packaging Market Revenue Y-o-Y  Growth by end use, 2015–2024

Figure 37: Global Industrial Packaging Market Attractiveness by End Use, 2015–2024

Figure 38: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Agriculture & Horticulture Segment, 2016–2024

Figure 39: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Automotive Segment, 2016–2024

Figure 40: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Building & Construction Segment, 2016–2024

Figure 41: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Chemical & Pharma Segment, 2016–2024

Figure 42: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Engineering Segment, 2016–2024

Figure 43: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Food & Beverages Segment, 2016–2024

Figure 44: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Metal Products Segment, 2016–2024

Figure 45: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Oil & Lubricants Segment, 2016–2024

Figure 46: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Plastics & Rubber  Segment, 2016–2024

Figure 47: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Furniture Segment, 2016–2024

Figure 48: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Electronics Segment, 2016–2024

Figure 49: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by E-Commerce Segment, 2016–2024

Figure 50: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Tobacco Segment, 2016–2024

Figure 51: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016–2024

Figure 52 : MENA Industrial Packaging Market Value Share, By Regions, 2016

Figure 53: MENA Industrial Packaging Market Share &  BPS Analysis by Regions, 2016 & 2024

Figure 54: MENA Industrial Packaging Market Revenue Y-o-Y  Growth by Regions, 2015–2024

Figure 55: MENA Industrial Packaging Market Attractiveness Index by Regions, 2016–2024

Figure 56: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, 2015–2024

Figure 57: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), 2016–2024

Figure 58: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by GCC segment,  2015–2024

Figure 59: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by GCC segment, 2016–2024

Figure 60: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Saudi Arabia Region, 2016–2024

Figure 61: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Kuwait Region, 2016–2024

Figure 62: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by UAE Region, 2016–2024

Figure 63: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Qatar Region, 2016–2024

Figure 64: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Bahrain Region, 2016–2024

Figure 65: MENA Industrial Packaging Market Absolute $ Opportunity (US$ Mn), by Oman Region, 2016–2024

Figure 66: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by North Africa Region ,  2015–2024

Figure 67: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by North Africa Region , 2016–2024

Figure 68: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by South Africa Region,  2015–2024

Figure 69: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by South Africa Region, 2016–2024

Figure 70: MENA Industrial Packaging Market Value (US$ Mn) and Volume (Mn Units) Forecast, by Rest of MEA Region,  2015–2024

Figure 71: MENA Industrial Packaging Market, Absolute $ Opportunity (US$ Mn), by Rest of MEA Region, 2016–2024