Round Bottom Seal segment to dominate the Middle East & Africa PVDC Shrink Bags Market during 2020–2028
According to The Insight Partners market research study on “Middle East & Africa PVDC Shrink Bags Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Bag Type and Application” is expected to reach US$ 90.47 million by 2028 from US$ 75.08 million in 2021. The market is estimated to grow at a CAGR of 2.7% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa PVDC shrink bags market along with the drivers and restraints pertaining to the market growth. Extending use of high barrier shrink bags in food packaging, lifting preferences towards convenience packaging products, and burgeoning consumption of meat, poultry, and seafood products are the major factor driving the growth of the Middle East & Africa PVDC shrink bags market. However, dangerous effects of PVDC on environment hinders the growth of Middle East & Africa PVDC shrink bags market.
The Middle East & Africa PVDC shrink bags market is segmented on the basis of bag type, application, and country. Based on bag type, the market is segmented into round bottom seal, straight bottom seal, and side seal. In 2020, the round bottom seal segment held a larger share of the market, and it is also expected to register a higher CAGR during the forecast period. Based on application, the Middle East & Africa PVDC shrink bags market is segmented into meat, poultry and seafood, cheese and other dairy products, and others. In 2020, the meat segment held the largest market share, and it is also expected to register the highest CAGR in the market during the forecast period. Further, based on country, the Middle East & Africa PVDC shrink bags market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. In 2020, Rest of MEA held the largest market share; and the UAE expected to grow at the fastest CAGR during the forecast period.
B The Dow Chemical Company; ALLFO GMBH AND CO. KG; ASTAR PACKAGING PTE LTD; Sealed Air; PREMIUMPACK GMBH; Sunrise Packaging Material (Jiangyin) Co.,Ltd; and EEZYPAK are among the leading companies in the Middle East & Africa PVDC shrink bags market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For Instance, Dow's packaging solutions to help tackle food waste at K 2019.
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