GCC Corrugated Box Packaging Market Market Size

Statistics for the 2023 & 2024 GCC Corrugated Box Packaging Market market size, created by Mordor Intelligence™ Industry Reports. GCC Corrugated Box Packaging Market size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of GCC Corrugated Box Packaging Industry

GCC Corrugated Box Packaging Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 3.76 Billion
Market Size (2029) USD 4.64 Billion
CAGR (2024 - 2029) 4.34 %
Market Concentration Low

Major Players

GCC Corrugated Box Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

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GCC Corrugated Box Packaging Market Analysis

The GCC Corrugated Box Packaging Market size is estimated at USD 3.76 billion in 2024, and is expected to reach USD 4.64 billion by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).

The demand for convenience foods is on the rise due to the busy lifestyle of people. As corrugated box packaging keeps moisture away from the products and withstands long shipping times, companies are increasingly adopting it to offer customers better outcomes, especially as means of secondary or tertiary packaging.

  • A corrugated box is a suitable secondary or tertiary packaging solution for various end-user industries, including electrical goods, food, personal care, cosmetics, etc. Furthermore, the corrugated box ships goods to a retailer, where the boxes deliver vegetables or other foodstuffs. This is a new opportunity for corrugated board suppliers with delivery-friendly formats containing goods within a die-cut interior. It helps reduce the overall weight of the final product compared to glass or metal.
  • According to the Gulf International Forum, the energy policies of the GCC countries and their continued partnership with Russia dominate the Gulf region's international agenda. From an economic point of view, the war in Ukraine negatively affects trade cooperation between the GCC and Russia. There are also indications that this could slow GDP growth in the GCC. Growth and recovery would likely have a significant impact on the market studied, as the economy is the main driving force for the packaging industry.
  • As an ideal secondary packaging solution, corrugated boxes play a significant role in food packaging. Food safety, eco-friendly, easy-to-ship, and affordable, corrugated box food packaging meets all standard requirements. Corrugated materials work well due to the nature of the corrugation process. The material is exposed to high temperatures, which the bacteria cannot withstand. This is done to assure the shippers that the material will be clean when the food is placed inside for shipment.
  • Corrugated packaging is becoming popular as sustainability is a critical issue across the supply chain. Recycling is easy, as the pulp and paper industry already converted the raw materials into the latest generations of containerboards. Additionally, sustainable packaging and its financial benefits are a growing priority for the nation's regulatory and governmental organizations. This factor is also promoting market growth. For instance, Abu Dhabi businesses began phasing out plastic packaging in June 2022 as the government made substantial efforts to encourage individuals to decrease their environmental effects.

GCC Corrugated Box Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)