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Middle East and Africa Paper & Paperboard Trays Market

2021

Middle East and Africa Paper & Paperboard Trays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Virgin Fiber and Recycled Fiber) and Application (Food and Beverages, Consumer Electronics, Personal Care and Cosmetics, Healthcare, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025875 | No. of Pages: 104 | Category: Chemicals and Materials | Status: Published

Market Insights

Middle East and Africa Paper & Paperboard Trays Market to Grow at a CAGR of 5.7% to reach US$ 393.94 million by 2028 Million from 2021 to 2028

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The Middle East and Africa paper & paperboard trays market is expected to grow from US$ 268.07 million in 2021 to US$ 393.94 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028.


Rapid urbanization, higher disposable incomes, and busy work life are resulting in a greater preference for western dietary patterns among consumers. The growing demand for flexible paper packaging due to the rise in consumer awareness regarding harmful effects of plastic on the environment is yet another factor fueling the growth of the market in emerging regions. The need for flexible paper packaging has been increasing because of growth in population, rise in income levels, change in lifestyles, increase in internet penetration, and surge in development of the economy. Surge in the transit packaging sector, combined with growing consumerism, leads to a rapidly increasing demand for paper and paperboard trays. Along with this demand for paper packaging, the demand for recycled paper is also increasing. Rapidly escalating populations translate into increased consumer spending on consumer goods, exposure to modern retail channels, and aspiration among the middle-class populations to adopt various brands and shopping habits. These trends will further create lucrative opportunities for paper and paperboard trays in the market.

South Africa reported the highest number of COVID-19 confirmed cases across Middle East and Africa, which led to the discontinuation of several businesses, such as paper & paperboard trays manufacturing activities. Also, due to the outbreak, most countries declared a health emergency and stopped unessential movements, thus impacting heavily on the supply chain of goods. Manufacturing facilities hustled to make changes due to the implementation of social distancing norms, which cased disruptions and slowdowns on throughput. Paper and paperboard industry may continue to see weak or broken links in their supply chains, which, in turn, would negatively affect the paper & paperboard trays market growth in the coming years.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East and Africa paper & paperboard trays market. A growing consumer preference for greener packaging solutions drives heavy investments in the paper and paperboard trays market, which is allowing manufacturers to introduce a more comprehensive range of paper tray designs. In 2021, The sustainable solution, that offers a barrier to water, water vapor and grease directly at the mill and is available on an industrial scale, retains the original recycling and composting characteristics of paper, while offering a more sustainable alternative to the options currently available. In 2020, Iggesund Paperboard launched Inverform, a new, sustainable paperboard alternative to plastic food trays. Inverform has an exceptional formability, and it has been developed explicitly for pressed and folded trays used in food packaging. Such investments in paper and paperboard trays market are driving the market growth.
paper and paperboard trays market

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Middle East and Africa Paper & Paperboard Trays Market Segmentation

  • Middle East and Africa Paper & Paperboard Trays Market – By Material
    • Virgin Fiber
    • Recycled Fiber
  • Middle East and Africa Paper & Paperboard Trays Market – By Application
    • Food and Beverages
    • Consumer Electronics
    • Personal Care and Cosmetics
    • Healthcare
    • Others
  • Middle East and Africa Paper & Paperboard Trays Market – By Country
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Paper & Paperboard Trays Market, by Material

1.3.2 Paper & Paperboard Trays Market, by Application

1.3.3 Paper & Paperboard Trays Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Middle East and Africa Paper & Paperboard Trays Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to Substitute

4.2.4 Threat to New Entrants

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Paper and Paperboard Trays Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Heightening Demand for Sustainable Products

5.1.2 Huge Investments in Paper and Paperboard Trays

5.2 Market Restraints

5.2.1 Insufficiency of Paper-Based Materials in Providing Overall Protection to Packaged Goods

5.3 Market Opportunities

5.3.1 Escalating Need for Flexible Paper Packaging in Emerging Region

5.4 Future Trends

5.4.1 Popularity of Ovenable Paper and Paperboard Trays in Food and Beverages Sector

5.5 Impact Analysis of Drivers and Restraints

6. Paper & Paperboard Trays – Middle East and Africa Market Analysis

6.1 Paper & Paperboard Trays Market Overview

6.2 Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)

7. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Material

7.1 Overview

7.2 Middle East and Africa Paper & Paperboard Trays Market Share, By Material, 2020 & 2028

7.3 Virgin Fiber

7.3.1 Overview

7.3.2 Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

7.4 Recycled Fiber

7.4.1 Overview

7.4.2 Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8. Middle East and Africa Paper & Paperboard Trays Market Analysis – By Application

8.1 Overview

8.2 Paper & Paperboard Trays Market Share, By Application, 2020 & 2028

8.3 Food and Beverages

8.3.1 Overview

8.3.2 Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.4 Consumer Electronics

8.4.1 Overview

8.4.2 Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.5 Personal Care and Cosmetics

8.5.1 Overview

8.5.2 Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.6 Healthcare

8.6.1 Overview

8.6.2 Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

9. Middle East and Africa Paper & Paperboard Trays Market– Country Analysis

9.1 Middle East and Africa: Paper & Paperboard Trays Market

10. Impact of COVID-19 Pandemic on Middle East and Africa Paper and Paperboard Market

10.1 Impact of COVID-19 on Paper and Paperboard Market

10.2 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Product Launch

11.3 Mergers & acquisition

11.4 Expansion

11.5 Collaboration

12. Key Company Profiles

12.1 Huhtamaki

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Mondi

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Pactiv Evergreen Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Hartmann

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 International Paper

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 PaperTech

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. South Africa Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 3. South Africa Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 4. Saudi Arabia Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 5. Saudi Arabia Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 6. UAE Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 7. UAE Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 8. Rest of MEA Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 9. Rest of MEA Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 10. Glossary of Terms, Middle East and Africa Paper & Paperboard Trays Market

LIST OF FIGURES

Figure 1. Paper & Paperboard Trays Market Segmentation

Figure 2. Paper & Paperboard Trays Market Segmentation – By Country

Figure 3. Middle East and Africa Paper & Paperboard Trays Market Overview

Figure 4. Food and Beverages Segment Held Largest Share of Middle East and Africa Paper & Paperboard Trays Market

Figure 5. Rest of MEA Held Largest Share of Middle East and Africa Paper & Paperboard Trays Market

Figure 6. Middle East and Africa Paper & Paperboard Trays Market, Industry Landscape

Figure 7. Paper & Paperboard Trays Market - Porter’s Five Forces Analysis

Figure 8. Paper and Paperboard Trays Market - Ecosystem

Figure 9. Expert Opinion

Figure 10. Paper & Paperboard Trays Market Impact Analysis of Driver and Restraints

Figure 11. Paper & Paperboard Trays Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 12. Middle East and Africa Paper and Paperboard Trays Market Share, By Material, 2020 & 2028 (%)

Figure 13. Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 15. Paper and Paperboard Trays Market Share, By Application, 2020 & 2028 (%)

Figure 16. Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. Middle East and Africa: Paper & Paperboard Trays Market, by Key Country – Revenue (2020) (USD Million)

Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa

  1. Huhtamaki
  2. Mondi
  3. Pactiv Evergreen Inc.
  4. Hartmann
  5. International Paper
  6. PaperTech
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa paper & paperboard trays 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 and Africa paper & paperboard trays 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 and Africa market trends and outlook coupled with the factors driving the Middle East and Africa paper & paperboard trays 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
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