The Middle East Containerboard Market is projected to reach USD 2 billion growing at a CAGR of 2% by 2030

The Middle East Containerboard Market is projected to reach USD 2 billion growing at a CAGR of 2% by 2030

 

According to industry analysts at Next Move Strategy Consulting, the Middle East Containerboard Market is projected to reach USD 2 billion growing at a CAGR of 2% by 2030. Containerboard refers to a type of paperboard primarily used for the manufacturing of corrugated boxes and packaging materials. It is typically produced from recycled old corrugated containers (OCC) and mixed paper, as well as virgin fibres derived from wood pulp.

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This material offers durability, strength, and lightweight characteristics, making it ideal for protecting products during transport and storage. Containerboard is also eco-friendly, minimizing shipping costs and reducing environmental impact. It is customizable to accommodate various packaging needs ranging from small boxes to large containers.

Key Drivers of Market Growth

Surge in Global Trade

In Turkey, the containerboard market benefits from the growth of global trade. As trade volumes continue to rise, businesses increasingly rely on robust packaging solutions like containerboard to maintain product integrity during transit, especially for long-distance shipments.

Expanding E-Commerce Sector

The e-commerce boom in Saudi Arabia is a significant contributor to the demand for containerboard. The growth of online shopping has led to a surge in the need for reliable packaging, particularly for the safe transportation of goods. As e-commerce platforms expand, the demand for containerboard will continue to rise.

Market Challenges

Rising Competition from Alternative Packaging Materials

The containerboard market faces competition from alternative packaging materials such as plastics, metals, glass, and composites. These substitutes may offer cost advantages or superior performance in certain applications, potentially challenging containerboard’s dominance. Moreover, growing environmental concerns are pushing industries towards more sustainable, recyclable alternatives, which could reduce the demand for traditional containerboard products.

Emerging Opportunities

Integration of Nanotechnology and Smart Packaging

The integration of emerging technologies like nanotechnology and smart packaging presents significant growth opportunities for the Middle East containerboard market. These advancements allow for the development of high-performance containerboard products with enhanced customization, active protection, and real-time monitoring capabilities. By incorporating these innovations, the market can unlock new growth potential, particularly in high-demand sectors like e-commerce and logistics.

Competitive Landscape

Key players in the Middle East containerboard market include:

  • Takween Advanced Industries Co.
  • Infinya Ltd
  • Saudi Printing & Packaging Company
  • BMJ INDUSTRIES FZ-LLC
  • Emirates Technopack (L.L.C)
  • Al Kifah Paper Products Co.
  • EasternPak Ltd.
  • Saudi Pack
  • GS Packaging
  • Banawi Corrugated Packaging Co. Ltd.

These companies are focused on expanding their product offerings and improving their manufacturing capabilities to meet the growing demand for sustainable and high-performance containerboard solutions.

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Market Segmentation

By Material

  • Virgin Fibres
  • Recycled Fibres
  • Mixed Fibres

By Type

  • Linerboard
  • Kraftliner
  • Testliner
  • Fluting

By Wall Type

  • Single Face
  • Single Wall
  • Double Wall
  • Triple Wall

By End-User

  • Food and Beverage
  • Personal Care and Cosmetics
  • Consumer Electronics
  • Others

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For more information, please contact:
Next Move Strategy Consulting

E-Mail: info@nextmsc.com

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Website: www.nextmsc.com

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About Next Move Strategy Consulting: 

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

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