UAE Plastic Packaging Market Size Set to Expand at Steady CAGR of 5.2% During 2023–2029

Published | 07 April 2023

UAE plastic packaging market is flourishing due to increasing adoption of advanced technologies, high demand for packaged goods, and creating opportunities for innovations.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects UAE plastic packaging market size to grow at a steady CAGR of 5.22% by 2029. A rising demand for plastic packaging in end-use sectors, such as food & beverages, cosmetics & personal care, and pharmaceuticals is majorly responsible for the market's growth. The market for flexible plastic packaging is predicted to expand owing to modern retailing's expansion, increased consumer wealth, and the acceleration of e-commerce operations, particularly in the UAE.

UAE Plastic Packaging Market – Overview

Plastic packaging is both hard and flexible, lightweight, and transparent. Thus, it is preferred over alternatives like glass or metal in important industries, such as food & beverages, household & personal care, and industrial goods. Designed plastic can also withstand harsh climatic conditions and does not break down in hot environments, protecting the quality of goods like cosmetics, food, and beverages. Plastic is an effective packaging material due to its low price and high printability.

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Impact of COVID-19 on UAE Plastic Packaging Market

COVID-19 pandemic adversely affected the plastic packaging market in the UAE. due to the closure of industrial facilities by government-imposed lockdowns in various countries. People purchased items in anticipation of a lockdown, resulting in panic buying and large-scale stockpiling of essential goods and deliverables. Online portals were used to place bulk orders for everything from staple meals to fresh foods. Several vendors sold the same product, which was packaged in plastic. Governments were making significant efforts to ensure the smooth movement of goods between various locations both within and outside of their country.

UAE Plastic Packaging Market – By Packaging Type

UAE plastic packaging market is segmented into rigid packaging, flexible packaging, and others based on the packaging type. The rigid category leads the plastic packaging market due to its high level of aesthetic appeal and durability. The high barrier that rigid packaging has to oxygen, moisture, and light is another factor in the segment's larger market share. The reusability of rigid packaging products, such as intermediate bulk containers, pallets, and other industrial packaging products, could fuel the growth of rigid plastic products.

Competitive Landscape

UAE plastic packaging market is highly competitive. Major players in the market include ALPLA Dubai LLC, Borouge Pte Ltd, Clariant Plastics & Coatings UAE LLC, Dow Middle East and Africa, GEPackagingStore, Gulf East Paper & Plastic Industries LLC, Interplast Co. Ltd, Jumbo Plastic Industry LLC, Midad Plastic Factory, SABIC, and Taghleef Industries LLC. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the UAE plastic packaging market.

Don’t miss the business opportunity in the UAE Plastic Packaging Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the UAE Plastic Packaging Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Plastic Packaging Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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