GCC Paper Products Market: Top Companies Share, Size, Growth, and Research Report 2021-2026
- raveenaimarc
- Jul 12, 2021
- 3 min read
According to the latest report by IMARC Group, titled “GCC Paper Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the GCC paper products market size reached US$ 10.4 Billion in 2020. Looking forward, IMARC Group expects the GCC paper products market to exhibit moderate growth during 2021-2026. Paper products refer to paper-based materials, including cups, plates and packaging, that are often lined or coated with wax or plastic to prevent the soaking or leaking of the content of the products. Widely available in numerous sizes, colors, forms and textures, these disposables are lightweight, recyclable and easy to handle. They are commonly made from recycled paper, making them easy to decompose to form nutrient-rich compost. Cups and plates made from paper are safe to be used in microwaves for reheating purposes, which has contributed to their escalating use for packaging and serving various foods and beverages, including tea, coffee, soups, soft drinks, sweet corn, and instant noodles, across the food industry. Other product variants, such as copy papers and envelops are also gaining widespread prominence among the students and working professionals.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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GCC Paper Products Market Trends:
The market in the GCC region is majorly driven by the increasing utilization of paper products across numerous sectors, including textiles, education, pharmaceuticals, electronics, and food and beverages. Several paper products, such as paper towels, toilet rolls, and tissue papers, are gaining widespread prominence across the domestic and commercial segments on account of the improving living standards and the inflating disposable income levels of the masses. This is also supported by the growing hygiene consciousness among the masses in the GCC region. Moreover, the increasing preference for online shopping among individuals has impelled the demand for eco-friendly packaging solutions, including paper packaging. Supported by an enhanced focus on sustainable development among the masses, this is expected to create a positive outlook for the market. The market is further driven by the escalating demand for online food delivery services in the region, thereby facilitating the uptake of paper cups, plates and packaging. In addition to this, the implementation of plastic ban in various parts of the GCC region, including Oman and Saudi Arabia, is another major growth-inducing factor. The governments of multiple GCC countries are taking favorable initiatives to phase out the usage of traditional plastic bags and products, which, in turn, is expected to boost the sales of paper counterparts.
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Key Market Segmentation:
Competitive Landscape With Key Players:
Safeer Luxury Pack
Arkan Mfg Paper Cup Company
Middle East Paper Company (MEPCO)
Al Kifah Paper Products
Al Nawar Corner
Lamina Company Ltd
Golden Paper Cups Mfg. Co. Ltd.
Unipack Containers & Carton Products LLC
Hotpack Packaging LLC
Gulf Carton
Arabian Paper Products Company (APPCO)
Breakup by Cups Type:
Cold Paper Cups.
Hot Paper Cups.
Breakup by Wall Type:
Single wall-paper cups.
Double wall-paper cups.
Breakup by Application:
Tea and Coffee
Chilled food and beverages
Others.
Breakup by Plate Type:
Heavy-duty plates.
Medium-duty plates.
Breakup by Distribution Channel:
Retail
Institutional Segments.
Breakup by Product Type:
Boxes,
Rigid Boxes
Folding Cartons
Paper Bags
Others.
Breakup by Material Type:
Brown
White
Other kraft.
Breakup by Regional Insights:
Saudi Arabia
The UAE
Kuwait
Oman
Bahrain
Qatar.
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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