Industry

Middle East and Africa Corrugated Boards Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Food and Beverage, E-commerce, Consumer Durables, Electrical and Electronics, and Others)

Report Code : 

TIPRE00026853

No. of Pages : 106
Category : Chemicals and Materials

The corrugated boards market in Middle East & Africa is expected to grow from US$ 15,365.03 million in 2021 to US$ 20,810.45 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.

With elevating investments in corrugated packaging, manufacturers have shifted their attention toward digital printing to meet the demands for high-quality, attractive, and customized corrugated packaging solutions. The growing focus on achieving flexibility in product promotion, increasing attention toward quality, and surging demand for personalization of brands or individuals have propelled the adoption of advanced printing technologies in the packaging market. Brand owners create brand loyalty by deploying advanced packaging options, thereby ensuring strong marketing, encouraging customer retention, and attracting new customers. Manufacturers are extensively deploying the litho-lamination technique, wherein an offset lithographic label is laminated to a corrugated board, thus creating an aesthetically appealing surface. Similarly, some companies adopt preprinting practices as an effective alternative to direct printing or litho-lamination. In preprinting, high-resolution graphics are directly imprinted upon linerboard. Thereafter, the board is attached to the corrugating medium along with the inner linerboard sheet during the manufacturing of the final carton. Appealing packaging helps manufacturers in creating brand awareness and promoting customer engagement. Hence, creating aesthetically appealing corrugated packaging materials with advanced digital printing techniques is expected to emerge as a significant trend in the corrugated board market during the forecast period.

South Africa has the largest COVID-19 cases in the Middle East & Africa region, followed by Saudi Arabia and UAE, among others. UAE was the first country in Middle East & Africa to report a confirmed case of COVID-19. The impact of lockdown in the Middle Eastern and African countries was that various chemicals & materials companies remained closed leading to the reduction in the sale of various products that negatively impacted the market for corrugated board in the region. According to McKinsey and Company Report. Middle East & Africa region were slow to adopt e-commerce, but the COVID-19 pandemic has prompted a change. Consumers across the Gulf Cooperation Council, South Africa, and Turkey have increased online shopping during the pandemic amid higher demand for groceries, personal care, and household supplies. In fact, consumers in Saudi Arabia and the United Arab Emirates have seen among the highest rates of “new or increased” users in online deliveries (restaurant products and groceries) and communications. Thus, due to the pandemic the consumers have increased the usage of e-commerce platform, leading to an increase demand of corrugated board from the e-commerce companies for packaging purpose. The growing e-commerce industry will have a positive impact on the corrugated board market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa corrugated boards market. The Middle East & Africa corrugated boards market is expected to grow at a good CAGR during the forecast period.

Middle East & Africa Corrugated Boards Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Corrugated Boards Market Segmentation

Middle East & Africa Corrugated Boards Market – By Application

  • Food and Beverages
  • Process food industry
  • Fresh Fruit and Vegetable Packaging
  • Others
  • E-Commerce
  • Consumer Durables
  • Electricals and Electronics
  • Others

Middle East & Africa Corrugated Boards Market – By Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA    

Middle East & Africa Corrugated Boards Market – Companies Mentioned

  • Klabin S.A.                                                                            
  • International Paper                                                            
  • Arcor                                                                                      
  • Mondi                                                                                   
  • NIPPON PAPER INDUSTRIES CO., LTD.                            
  • Smurfit Kappa 
  • Klingele Papierwerke GmbH & Co. KG                                                                                                  

Middle East and Africa Corrugated Boards Report Scope

Report Attribute Details
Market size in 2021 US$ 15,365.03 Million
Market Size by 2028 US$ 20,810.45 Million
Global CAGR (2021 - 2028) 4.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Application
  • Food and Beverage
  • E-commerce
  • Consumer Durables
  • Electrical and Electronics
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Klabin S.A.
  • International Paper
  • Arcor
  • Mondi
  • NIPPON PAPER INDUSTRIES CO., LTD.
  • Klingele Papierwerke GmbH & Co. KG
  • Smurfit Kappa
    1. Klabin S.A.                                                                            
    2. International Paper                                                            
    3. Arcor                                                                                     
    4. Mondi                                                                                   
    5. NIPPON PAPER INDUSTRIES CO., LTD.   
    6. Klingele Papierwerke GmbH & Co. KG                                                      
    7. Smurfit Kappa                                                                      
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa corrugated boards market.
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa corrugated boards market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the corrugated boards market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
    Download Sample