Market Share of GCC Corrugated Box Packaging Industry
The market is fragmented with various domestic companies, such as Arabian Packaging LLC, Queenex Corrugated Carton Factory, Universal Carton Industries Group, Napco National, Falcon Pack, etc. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, company expansion, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- October 2022 - HotpackGlobal, the region's largest food packaging manufacturer, acquired Al HuraizPackaging Industry (AHP), a corrugated carton manufacturer in the UAE. Located in Dubai Investment Park, AHP is a state-of-the-art facility that is one of the UAE's most technically advanced packaging plants for corrugated carton products. Following the acquisition, the company would likely take complete control of the operations of AHP, and the business would be renamed HotpackPackaging Industries LLC.
GCC Corrugated Box Packaging Market Leaders
Arabian Packaging Co. LLC
Queenex Corrugated Carton Factory
Napco National
Falcon Pack
Universal Carton Industries Group
*Disclaimer: Major Players sorted in no particular order