Economic advancement coupled with increasing population in the Middle East and African nations is the major driver to the packaging industry as a whole and in turn active and intelligent packaging. Countries like UAE, Turkey and Egypt, etc. have huge growth potential and are expected to lead the market in the coming years.
The Middle East and Africa active and intelligent packaging market is estimated to grow from USD 280 million in 2016 to USD 504.76 million by the end of 2021 at a CAGR of 10.32%. UAE has the largest market share followed by the South Africa and Israel.
The economy of the Middle East countries grew from 3% to more than 5% in 2012 and the inflation rate has remained relatively constant. This gives the consumer more money in hand to spend on products from the markets. Packaging and lifestyle issues go hand in hand. Middle East has one of the highest GDP per capita, so the consumers have more disposable income to spend on e-commerce retail, luxury retail and retail in stores. With the increase in sales of products, the packaging market will be growing to cater to the needs of both the consumers and retailers. Countries like Qatar have GDP per capita more than USD 100,000 so as the purchasing power increases so does the packaging market.
Africa’s GDP growth from 4.7% in 2013 to 5.2% in 2014 and the FDI growth of 16%, reaching USD 43 billion in 2014, show a positive economic trend. With inflation in the region going down from 10.7% in 2013 to 6.2% in 2014, domestic spending is on the rise. Retail, from e-commerce to mom and pop stores, has racked up the biggest gains. Packaging in Africa is fast catching up to meet the growing needs of a continent that is booming with investment from a vast number of foreign players.
The Middle East and Africa active and intelligent packaging market is witnessing a remarkable growth. Increasing demand for these packaging products because of changing lifestyles and demand from manufacturers for longer shelf life is driving this market growth. Government’s strict regulations regarding food packaging and safety standards are other such factors which are contributing to the market growth.
In Africa, missing and underdeveloped supply chains remain an obstacle for rapid growth in demand for active and intelligent packaging in the region. The opportunities for vertical growth in manufacturing and food processing are tremendous.
The concerns for the Middle East area are that the region is prone to be unstable. This instability caused due to extremism and terrorism affects the companies investing in the market and also spooks the future investors. With the USA providing a lot of support to countries from this region these fears should be allayed. As sanctions against Iran are being lifted gradually this region will grow and prosper.
Some of the vendors mentioned in the report are BASF, Amcor Limited, Landec Corporation, Bemis, Rexam Plc and Sonoco.
Changing lifestyle of people, demand for packaging solutions with longer sustainability, demand for fresh and quality food are the major drivers for the growth of this market. Further, increase in counterfeit products in developing countries has also compelled companies to use technologies like RFID during packaging.
Issues regarding the effect of packaging materials on the human body, security and privacy issues in case of intelligent packaging systems are expected to be major challenges for the market’s growth over the next five years.
Reasons to buy this report
- The report gives complete market insights, the driving forces of the market, the challenges market faces, about different active and intelligent packaging technologies and their applications.
- It gives market trends of types of active and intelligent packaging technology and by applications.
- A complete market breakdown has been done by the Middle East and Africa countries to give a detailed picture of the market in that particular region.
- The report also gives information on major vendors of active and intelligent packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments and profile of these vendors.
Who should buy this report?
- Vendors who are into manufacturing of these products as they can get an overview of what competitors are doing and also which markets they can look forward to expanding their operations.
- Processed food suppliers in need of better understanding of different technologies and products.
- Investors who are willing to invest in this market.
- Consultants who can have readymade analysis to guide their clients.
- Anyone who wishes to know more about this market.
1.1 Key Findings
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Factors Driving the Market
3.2.1 Longer Shelf Life and Changing Lifestyle of People
3.2.2 Growing Demand for Fresh and Quality Foods
3.2.3 Demand for Longer and Sustainable Packaging Products
3.2.4 Counterfeit Products in Developing Countries is Driving Intelligent Packaging Market
3.3 Factors Restraining the Market
3.3.1 Issues with the Packaging Material Effect on Human Body
3.3.2 Security and Privacy Issues in Case of Intelligent Packaging Systems
3.4 Industry Value-Chain Analysis
3.5 Industry Attractiveness – Porter’s Five Forces Analysis
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products or Services
3.5.5 Competitive Rivalry among Existing Competitors
4. Technology Overview
4.1 Technology Snapshot
4.2 Industry Applications
4.3 Different Types of Active Packaging Available in Market
4.3.1 Pure Absorbers
4.3.2 Oxygen Scavengers
4.3.3 Microwave Susceptors
4.3.4 Moisture/Humidity Absorbers
4.3.5 Odor Absorbers/Emmiters
4.3.6 Anti-Microbiological Packaging
4.4 Different Types of Intelligent Packaging Available in Market
4.4.1 Shelf Life Sensing
4.4.2 Temperature Indicators
5. Middle East and Africa Active and Intelligent Packaging Market Forecast, Trends and Share by Applications
5.2 Frozen Food
5.2.1 Market Share and Forecast
5.2.2 Analyst View
5.3 Packaged Foods
5.3.1 Market Share and Forecast
5.3.2 Analyst View
5.4 Dairy Products
5.4.1 Market Share and Forecast
5.4.2 Analyst View
5.5.1 Market Share and Forecast
5.5.2 Analyst View
6. Middle East and Africa Active Packaging Market Forecast, Trends and Share by Technology Type
6.1 Pure Absorbers
6.1.1 Market Share and Forecast
6.2 Oxygen Scavengers
6.2.1 Market Share and Forecast
6.3 Microwave Susceptors
6.3.1 Market Share and Forecast
6.4 Moisture/Humidity Absorbers
6.4.1 Market Share and Forecast
6.5 Odor Absorbers/Emmiters
6.5.1 Market Share and Forecast
6.6 Anti-Microbiological Packaging
6.6.1 Market Share and Forecast
6.7.1 Market Share and Forecast
7. Middle East and Africa Intelligent Packaging Market Forecast, Trends and Share by Technology Type
7.1 Shelf Life Sensing
7.1.1 Market Share and Forecast
7.2 Temperature Indicators
7.2.1 Market Share and Forecast
7.3.1 Market Share and Forecast
7.4.1 Market Share and Forecast
8. Middle East and Africa Active and Intelligent Packaging Market Forecast, Trends and Share by Country
8.1 Middle East and Africa
8.1.1 United Arab Emirates
8.1.2 South Africa
8.1.4 Saudi Arabia
8.1.6 Analyst View
9. Active Packaging Vendor Market Share
10. Intelligent Packaging Vendor Market Share
11. Company Profiles of Active and Intelligent Packaging Vendors
11.1 BASF SE
11.1.2 Major Products and Services
11.1.4 Recent Developments
11.2 Amcor Limited
11.2.2 Major Products and Services
11.2.4 Recent Developments
11.3.2 Major Products and Services
11.3.4 Recent Developments
11.4 Landec Corporation
11.4.2 Major Products and Services
11.4.4 Recent Developments
11.5 Bemis Company, Inc.
11.5.2 Major Products and Services
11.5.4 Recent Developments
11.6 Crown Holdings
11.6.2 Major Products and Services
11.6.4 Recent Developments
11.7 Rexam Plc
11.7.2 Major Products and Services
11.7.4 Recent Developments
11.8.2 Major Products and Services
11.8.4 Recent Developments
11.9 Graphic Packaging
11.9.2 Major Products and Services
11.9.4 Recent Developments
11.10 Timestrip UK Ltd
11.10.2 Major Products and Services
11.10.4 Recent Developments
11.11 VIP Packaging
11.11.2 Major Products and Services
11.11.4 Recent Developments
11.12 Intelligent Packaging Solutions Ltd.
11.12.2 Major Products and Services
11.12.4 Recent Developments
11.13 Desiccare, Inc.
11.13.2 Major Products and Services
11.13.4 Recent Developments
11.14 Freshpoint Holdings
11.14.2 Major Products and Services
11.14.4 Recent Developments
11.15 MeadWestvaco Corporation
11.15.2 Major Products and Services
11.15.4 Recent Developments
12. Investment Analysis
12.1 Recent Mergers and Acquisitions
12.2 Investor Outlook
13. Future of Middle East and Africa Active and Intelligent Packaging Market
14. List of Figures
15. List of Tables
17. Works Cited