Middle East And Africa Aluminum Foil Packaging Market
Middle East and Africa Aluminum Foil Packaging Market, By Product (Foil Wraps, Pouches, Blisters, Containers); By End Use (Food & Beverages, Tobacco, Pharmaceuticals, Cosmetics); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Competitive Landscape & Forecast, 2019–2029
- Published Date: October 2023
- Report ID: BWC23878
- Available Format: PDF
- Page: 200
Report Overview
Increased demand for flexible and sustainable packaging solutions, population growth, urbanization, changing consumer preferences, Innovations in foil packaging technology, and rising environmental concerns are expected to further boost the growth of the Middle East and Africa Aluminum Foil Packaging Market during the forecast period between 2023 and 2029.
Middle East and Africa Aluminum Foil Packaging Market – Industry Trends & Forecast Report, 2029
Middle East and Africa aluminum foil packaging market size was estimated at USD 2.12 billion in 2022. During the forecast period between 2023 and 2029, the size of Middle East and Africa aluminum foil packaging market is projected to grow at a CAGR of 4.9% reaching a value of USD 2.97 billion by 2029. The Middle East and Africa aluminum foil packaging market is witnessing significant growth due to rising demand across various industries. The largest segment in this market is food packaging, driven by the region's expanding population and changing consumer preferences for convenient and sustainable packaging solutions. Aluminum foil's excellent barrier properties and ability to preserve food freshness make it a preferred choice for packaging applications. Also, the pharmaceutical and cosmetics sectors contribute to the market's growth, emphasizing the importance of aluminum foil in maintaining product quality and integrity. This dynamic landscape highlights the market's potential for further expansion and innovations.
Middle East and Africa Aluminum Foil Packaging Market - Overview
Aluminum foil packaging is a versatile and widely used material in the packaging industry. It consists of thin sheets of aluminum that are highly malleable and can be easily molded to encase various products. This packaging offers exceptional barrier properties, effectively blocking light, moisture, and oxygen to preserve the freshness and shelf life of food, pharmaceuticals, and other sensitive items. Its heat resistance also makes it suitable for cooking and reheating. Aluminum foil packaging is eco-friendly, recyclable, and cost-effective, making it a popular choice for a wide range of applications, from wrapping leftovers to packaging convenience foods and pharmaceutical blister packs.
Growth Drivers
Sustainable Packaging Initiatives
One key growth driver for the Middle East and Africa aluminum foil packaging market is the increasing emphasis on sustainable packaging solutions. As environmental awareness grows, consumers and businesses alike are seeking eco-friendly alternatives to traditional packaging materials. Aluminum foil is recyclable, energy-efficient, and preserves the freshness of products, making it an attractive option for brands looking to reduce their carbon footprint. Also, stringent regulations and government initiatives aimed at reducing single-use plastics further boost the demand for aluminum foil packaging. This sustainability focus is driving innovation and investments in the region, fostering the market's expansion.
Restraints
High Raw Material Costs May Hinder Market Expansion
The Middle East and Africa aluminum foil packaging market faces a significant growth restraint in the form of soaring raw material costs. The increasing prices of aluminum, a primary material for foil production, directly impact the overall production costs, leading to higher prices for end users. This, in turn, deters market growth, particularly in price-sensitive segments. Manufacturers must strategize to mitigate these cost challenges through recycling initiatives, alternative materials, or efficient supply chain management to sustain market competitiveness and meet the rising demand for sustainable packaging solutions in the region.
Prolonging Hamas-Israel War Could Affect Middle East and Africa Aluminum Foil Packaging Market
Effects of the intensifying Israel-Hamas war and escalating geopolitical tensions on the Middle East and Africa aluminum foil packaging market are primarily driven by uncertainties and instability in the Middle East region. The raging conflict creates an atmosphere of unpredictability, impacting consumer behaviors and market dynamics. Uncertainty surrounding the situation can lead to cautious spending and investment decisions, affecting the aluminum foil packaging market's performance. Additionally, the instability in the Middle East region can disrupt supply chains, potentially leading to delays in product availability and increased costs. The extent of these effects depends on the conflict's duration and its impact on the overall stability in the region.
Middle East and Africa Aluminum Foil Packaging Market
Segmental Coverage
Middle East and Africa Aluminum Foil Packaging Market – By Product
Based on product, Middle East and Africa aluminum foil packaging market is divided into Foil Wraps, Pouches, Blisters, and Containers segments. The containers segment is the largest in the Middle East and Africa aluminum foil packaging market. The segment includes various types of aluminum foil containers used for packaging purposes, such as food containers, takeaway containers, and disposable trays. The demand for aluminum foil containers has been on the rise due to their versatility, durability, and suitability for both cooking and storage. The growth is driven by factors like the increasing food delivery and takeaway services, as well as the convenience and hygiene benefits offered by aluminum foil containers in the region's food packaging industry.
Middle East and Africa Aluminum Foil Packaging Market – By End Use
By end use, Middle East and Africa aluminum foil packaging market is divided into Food & Beverages (F&B), Tobacco, Pharmaceuticals, and Cosmetics segments. The F&B holds the largest market share in the market by end use. The segment encompasses a wide range of applications, including packaging for various food items and beverages. It dominates the market due to the extensive use of aluminum foil in packaging perishable and non-perishable food products, as well as beverages. The demand for aluminum foil in this sector is driven by its ability to provide protection, preservation, and convenience in packaging, making it a vital component of the regional packaging industry.
Middle East and Africa Aluminum Foil Packaging Market – By Country
Geographically, Middle East and Africa aluminum foil packaging market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. Saudi Arabia is the largest country in the Middle East and Africa aluminum foil packaging market. The kingdom is a key player in the aluminum foil packaging industry, primarily driven by its robust industrial and consumer sectors. Saudi Arabia's strong economic growth, coupled with increasing demand for packaged goods, has led to a substantial market share in aluminum foil packaging. Also, its strategic location and trade relationships contribute to its prominence in the industry. While other countries, including the UAE and South Africa, also play significant roles, Saudi Arabia stands out as the largest and most influential market in this region.
Competitive Landscape
Major players in the Middle East and Africa aluminum foil packaging market include Amcor plc, Constantia Flexibles, Novelis Aluminum, Raviraj Foils Limited, Ampco, Saudi Factory for Aluminum Foils and Containers, Caterpack, Alcon, Technical Aluminium Foil Co. LLC, Cosmoplast, Symetal, Aluminium Foil Converters, UNIPACK, Express Flexi Pack, and ERAMCO. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA |
Product/ Service Segmentation |
Product, End Use, Country |
Key Players |
Amcor plc, Constantia Flexibles, Novelis Aluminum, Raviraj Foils Limited, Ampco, Saudi Factory for Aluminum Foils and Containers, Caterpack, Alcon, Technical Aluminium Foil Co. LLC, Cosmoplast, Symetal, Aluminium Foil Converters, UNIPACK, Express Flexi Pack, ERAMCO |
By Product
-
Foil Wraps
-
Pouches
-
Blisters
-
Containers
By End Use
-
Food & Beverages
-
Tobacco
-
Pharmaceuticals
-
Cosmetics
By Country
-
Saudi Arabia
-
UAE
-
Qatar
-
Kuwait
-
South Africa
-
Nigeria
-
Algeria
-
Rest of MEA
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Middle East and Africa Aluminum Foil Packaging Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing demand for food packaging in the region
- Increasing use of aluminum foil in the pharmaceutical and cosmetics industries
- Increasing demand for sustainable packaging
- Restraints
- Stringent government regulations
- Availability of substitutes
- Opportunities
- Growing demand for customized packaging solutions
- Expansion of the food and beverage industry in the region
- Challenges
- Fluctuations in the price of aluminum
- Trade restrictions
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Middle East and Africa Aluminum Foil Packaging Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share and Forecast
- By Product
- Foil Wraps
- Pouches
- Blisters
- Containers
- Others
- By End Use
- Food & Beverages
- Tobacco
- Pharmaceuticals
- Cosmetics
- Others
- By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- South Africa
- Nigeria
- Algeria
- Rest of MEA
- By Product
- Market Size & Forecast, 2019–2029
- Saudi Arabia Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- UAE Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Qatar Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Kuwait Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- South Africa Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Nigeria Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Algeria Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Rest of MEA Aluminum Foil Packaging Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By End Use
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Middle East and Africa Aluminum Foil Packaging Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of COVID-19 on Middle East and Africa Aluminum Foil Packaging Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Amcor plc
- Constantia Flexibles
- Novelis Aluminum
- Raviraj Foils Limited
- Ampco
- Saudi Factory for Aluminum Foils and Containers
- Caterpack
- Alcon
- Technical Aluminium Foil Co. LLC
- Cosmoplast
- Symetal
- Aluminium Foil Converters
- UNIPACK
- Express Flexi Pack
- ERAMCO
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Middle East and Africa Aluminum Foil Packaging Market Segmentation
Figure 2 Middle East and Africa Aluminum Foil Packaging Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Middle East and Africa Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 5 Middle East and Africa Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 6 Middle East and Africa Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 7 Middle East and Africa Aluminum Foil Packaging Market Share, By Country, By Value, 2019–2029
Figure 8 Saudi Arabia Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 9 Saudi Arabia Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 10 Saudi Arabia Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 11 UAE Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 12 UAE Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 13 UAE Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 14 Qatar Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 15 Qatar Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 16 Qatar Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 17 Kuwait Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 18 Kuwait Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 19 Kuwait Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 20 South Africa Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 21 South Africa Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 22 South Africa Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 23 Nigeria Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 24 Nigeria Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 25 Nigeria Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 26 Algeria Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 27 Algeria Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 28 Algeria Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Figure 29 Rest of MEA Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 30 Rest of MEA Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Figure 31 Rest of MEA Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
List of Tables
Table 1 Middle East and Africa Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 2 Middle East and Africa Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 3 Middle East and Africa Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 4 Middle East and Africa Aluminum Foil Packaging Market Share, By Country, By Value, 2019–2029
Table 5 Saudi Arabia Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 6 Saudi Arabia Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 7 Saudi Arabia Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 8 UAE Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 9 UAE Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 10 UAE Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 11 Qatar Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 12 Qatar Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 13 Qatar Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 14 Kuwait Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 15 Kuwait Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 16 Kuwait Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 17 South Africa Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 18 South Africa Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 19 South Africa Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 20 Nigeria Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 21 Nigeria Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 22 Nigeria Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 23 Algeria Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 24 Algeria Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 25 Algeria Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 26 Rest of MEA Aluminum Foil Packaging Market Size, By Value (USD Billion), 2019–2029
Table 27 Rest of MEA Aluminum Foil Packaging Market Share, By Product, By Value, 2019–2029
Table 28 Rest of MEA Aluminum Foil Packaging Market Share, By End Use, By Value, 2019–2029
Table 29 Amcor plc Company Overview
Table 30 Amcor plc Financial Overview
Table 31 Constantia Flexibles Company Overview
Table 32 Constantia Flexibles Financial Overview
Table 33 Novelis Aluminum Company Overview
Table 34 Novelis Aluminum Financial Overview
Table 35 Raviraj Foils Limited Company Overview
Table 36 Raviraj Foils Limited Financial Overview
Table 37 Ampco Company Overview
Table 38 Ampco Financial Overview
Table 39 Saudi Factory for Aluminum Foils and Containers Company Overview
Table 40 Saudi Factory for Aluminum Foils and Containers Financial Overview
Table 41 Caterpack Company Overview
Table 42 Caterpack Financial Overview
Table 43 Alcon Company Overview
Table 44 Alcon Financial Overview
Table 45 Technical Aluminium Foil Co. LLC Company Overview
Table 46 Technical Aluminium Foil Co. LLC Financial Overview
Table 47 Cosmoplast Company Overview
Table 48 Cosmoplast Financial Overview
Table 49 Symetal Company Overview
Table 50 Symetal Financial Overview
Table 51 ERAMCO Company Overview
Table 52 ERAMCO Financial Overview
Table 53 Other Prominent Players Company Overview
Table 54 Other Prominent Players Financial Overview
Market Segmentation
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