Paperboard packaging is an emerging trend in the Packaging Industry. It
is gaining importance in the MENA region as it is an environment friendly
option and is cost-effective. Paperboard is thicker than paper with a high
weight per unit area and is made in multiple layers. It is mostly used to make
containers such as boxes, cartons, and trays for packaging and shipping and is
seldom used for direct food contact. The various types of paperboard are white
board, solid board, chip board and fiber board.
Analysts forecast the Paperboard
Packaging Market in the MENA Region to grow at a CAGR
of 5.88 percent in terms of revenue and 4.52 percent in terms of volume over the
period 2013-2018.
The Report recognizes the following companies as the key players in the
Paperboard Packaging Market in the MENA Region: INDEVCO, International Paper
and Tetra Pak.
Other Prominent Vendors in the market are: Hassani Group of Companies, Middle
East Packaging Factory, Mondi Tire Kutsan Kagit ve Ambalaj Sanayi, NAPCO, Noor
Carton & Packaging Industry, Olmuksa International Paper Sabanci Ambalaj
Sanaii Ve Ticaret , Unipack Containers & Carton Products and UNITED CARTON
INDUSTRIES COMPANY.
One of the key emerging trends in this market is an increase in
technological innovations. With the use of new technologies and designs,
vendors are launching innovative products to address the growing demand for
paperboard packaging.
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Covered in this
Report
This report covers the present scenario and the growth prospects of the
Paperboard Packaging market in the MENA region for the period 2014-2018. To
calculate the market size, the report considers consumption and sales of the
paperboard packaging in the following 12 countries:
- Iran
- Iraq
- Oman
- Bahrain
- Turkey
- Kuwait
- Qatar
- United Arab Emirates
- Lebanon
- Saudi Arabia
- Egypt
- Yemen
The report also presents the vendor landscape on the basis of the
vendors’ market share in MENA region and a corresponding detailed analysis of
the threefour vendors in the Paperboard Packaging market in the MENA region. In
addition, it discusses the major drivers that influence the growth of the
market. It also outlines the challenges faced by the vendors and the market at
large, as well as the key trends that are emerging in the market.
Paperboard Packaging Market in the MENA Region 2014-2018, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report includes the landscape of the Paperboard Packaging Market
in the MENA Region and its growth prospects in the coming years. The report
includes a discussion of the key vendors operating in this market.
According to the report, the popularity of paperboard packaging in the
MENA region is increasing because of the protective and durable nature of the
packaging. This is leading to an increase in the demand for paperboard for
packaging.
Further, the report states that one of the main challenges hindering the
growth of this market is the capital-intensive nature of the business. Vendors
need huge capital to enter the market, both for initial investments and to
adopt new technologies.