Middle East and Africa Food Service Packaging Market Forecast to 2028

Middle East and Africa Food Service Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Plastic, Metal, and Others), Packaging Type (Flexible and Rigid), and Application (Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products, and Others)

Report Code : BMIRE00025296 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 11/Jul/2022

The MEA food service packaging market is expected to grow from US$ 4,856.72 million in 2021 to US$ 6,520.63 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

Nowadays, consumers demand safe and least-processed food. To match up with all the demands of consumers, the food service packaging players are making significant changes in packaging solutions. Also, there are growing concerns about the environment. The packaging industry, majorly food packaging projects, aims to ensure 100% of packaging is recyclable, reusable, or compostable in the future. Now, companies in food service packaging are seeking ways of recycling and sustainable food packaging solutions. With respect to sustainable packaging, ecologic paper bottles, built from recycled newspapers and corrugated cardboard, are gaining high momentum for products such as protein powders, wine, and pet food. Also, TemperPack has made insulated packaging built from jute and material recycled from burlap bags. Eco-friendly packaging holds a significant position in protecting human health and the environment and maintaining natural resources. Ideal packaging material is required to possess recycling ability to solve environmental issues. Moreover, research on producing a biodegradable packaging material intends to develop eco-friendly packaging materials that encompass reduce, recycle, renew, reuse, and repurpose qualities. Thus, a ban on plastic items and mandates on the use of recyclable packaging solutions are anticipated to offer substantial growth opportunities to the industry players in the food service packaging market across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA food service packaging market. The MEA food service packaging market is expected to grow at a good CAGR during the forecast period.

MEA Food Service Packaging Market Revenue and Forecast to 2028 (US$ Million)

MEA Food Service Packaging Market Segmentation

The MEA food service packaging market is segmented based on material, packaging type, application, and country. Based on material, the MEA food service packaging market is segmented into plastic, metal, and others. The others segment dominated the market in 2020, and the plastic segment is expected to be the fastest-growing segment during the forecast period. Based on packaging type, the MEA food service packaging market is segmented into flexible and rigid. The flexible segment dominated the market in 2020, and the same segment is expected to grow faster during the forecast period. Based on application, the MEA food service packaging market is segmented into beverages, prepared meals, fruits and vegetables, bakery and confectionery, dairy products, and others. The prepared meals segment dominated the market in 2020, and the dairy products segment is expected to be the fastest-growing segment during the forecast period. Based on country, the MEA food service packaging market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA.

Amcor PLC, Ball Corporation, BeGreen Packaging, Berry Global Inc., Graphic Packaging Holding Company, Huhtamaki, Sealed Air, Stora Enso, and WestRock Company are among the leading companies in the MEA food service packaging market.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Food Service Packaging Market, by Material

1.3.2 MEA Food Service Packaging, by Packaging Type

1.3.3 MEA Food Service Packaging, by Application

1.3.4 MEA Food Service Packaging 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. MEA Food Service Packaging Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Buyers:

4.2.3 Bargaining Power of Suppliers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Food Service Packaging Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Production Capacity of Packaging Products

5.1.2 Customer Preferences for High-quality and Standard Products

5.2 Market Restraints

5.2.1 Complicated Nature of Supply Chain Business

5.3 Market Opportunities

5.3.1 Significant Market Attractiveness for Recycling, Reusable, and Eco-friendly Materials

5.4 Future Trends

5.4.1 Advent of Smart and Intelligent Packaging Materials in Food Industry

5.5 Impact Analysis

6. Food Service Packaging Market – MEA Analysis

6.1 MEA Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

7. MEA Food Service Packaging Market Analysis – By Material

7.1 Overview

7.2 MEA Food Service Packaging Market, By Material (2020 and 2028)

7.3 Plastic

7.3.1 Overview

7.3.2 Plastic: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Metal

7.4.1 Overview

7.4.2 Metal: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Others:

7.5.1 Overview

7.5.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8. MEA Food Service Packaging Market Analysis – By Packaging Type

8.1 Overview

8.2 MEA Food Service Packaging Market, By Packaging Type (2020 and 2028)

8.3 Rigid

8.3.1 Overview

8.3.2 Rigid: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Flexible

8.4.1 Overview

8.4.2 Flexible: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9. MEA Food Service Packaging Market Analysis – By Application

9.1 Overview

9.2 MEA Food Service Packaging Market, By Application (2020 and 2028)

9.3 Beverage

9.3.1 Overview

9.3.2 Beverage: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.4 Prepared Meals

9.4.1 Overview

9.4.2 Prepared Meals: Food service packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.5 Fruits and Vegetables

9.5.1 Overview

9.5.2 Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.6 Bakery and Confectionery

9.6.1 Overview

9.6.2 Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.7 Dairy Products:

9.7.1 Overview

9.7.2 Dairy Products: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.8 Others:

9.8.1 Overview

9.8.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

10. MEA Food Service Packaging Market – Country Analysis

10.1 Overview

10.1.1 MEA: Food Service Packaging Market, by Key Country

10.1.1.1 South Africa: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 South Africa: Food Service Packaging Market, by Material

10.1.1.1.2 South Africa: Food Service Packaging Market, by Packaging Type

10.1.1.1.3 South Africa: Food Service Packaging Market, by Application

10.1.1.2 Saudi Arabia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Saudi Arabia: Food Service Packaging Market, by Material

10.1.1.2.2 Saudi Arabia: Food Service Packaging Market, by Packaging Type

10.1.1.2.3 Saudi Arabia: Food Service Packaging Market, by Application

10.1.1.3 UAE: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 UAE: Food Service Packaging Market, by Material

10.1.1.3.2 UAE: Food Service Packaging Market, by Packaging Type

10.1.1.3.3 UAE: Food Service Packaging Market, by Application

10.1.1.4 Rest of MEA: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Rest of MEA: Food Service Packaging Market, by Material

10.1.1.4.2 Rest of MEA: Food Service Packaging Market, by Packaging Type

10.1.1.4.3 Rest of MEA: Food Service Packaging Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Amcor PLC

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 Berry Global Inc.

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 Huhtamaki

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 WestRock Company

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 Sealed Air

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 Ball Corporation

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

12.7 Graphic Packaging Holding Company

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 BeGreen Packaging

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Stora Enso

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Glossary

LIST OF TABLES.

Table 1.             MEA Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 3.             South Africa Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 4.             South Africa Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5.             Saudi Arabia Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 6.             Saudi Arabia Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             Saudi Arabia Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             UAE Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 9.             UAE Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 10.          UAE Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          Rest of MEA Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 12.          Rest of MEA Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 13.          Rest of MEA Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 14.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           MEA Food Service Packaging Market Segmentation

Figure 2.           MEA Food Service Packaging Market Segmentation – By Country

Figure 3.           MEA Food Service Packaging Market Overview

Figure 4.           MEA Food Service Packaging Market, By Material

Figure 5.           MEA Food Service Packaging Market, By Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Ecosystem: Global Food Service Packaging Market

Figure 8.           Expert Opinion

Figure 9.           MEA Food Service Packaging Market Impact Analysis of Drivers and Restraints

Figure 10.        MEA Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        MEA Food Service Packaging Market Revenue Share, By Material (2020 and 2028)

Figure 12.        MEA Plastic: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        MEA Metal: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        MEA Others: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        MEA Food Service Packaging Market Revenue Share, By Packaging Type (2020 and 2028)

Figure 16.        MEA Rigid: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        MEA Flexible: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        MEA Food Service Packaging Market Revenue Share, By Application (2020 and 2028)

Figure 19.        MEA Beverage: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        MEA Prepared Meals: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21.        MEA Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22.        MEA Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23.        MEA Dairy Products: Food service packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24.        MEA Others: Food Service Packaging Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 25.        MEA: Food Service Packaging Market, by Key Country – Revenue (2020) (US$ Million)

Figure 26.        MEA: Food Service Packaging Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        South Africa: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Saudi Arabia: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        UAE: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of MEA: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Middle East and Africa Food Service Packaging Market

● Amcor PLC

● Ball Corporation

● BeGreen Packaging  

● Berry Global Inc.

● Graphic Packaging Holding Company

● Huhtamaki

● Sealed Air

● Stora Enso  

● WestRock Company

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA food service packaging 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 MEA food service packaging 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 MEA market trends and outlook coupled with the factors driving the food service packaging 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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