Market Share of Middle East & Africa Paper Bags Industry
The Middle East & Africa Paper Bags Market is consolidated. However, owing to several established players with a global presence, the vendors are focusing on expanding their market presence in the Middle East, especially in the developing regions, to maximize their market presence. ENPI Group, Huhtamaki Group, Gulf East Paper and Plastics Group, and others are key players. Key developments in the market are -
- April 2022 - Saudi's Yanbu Cement acquired shares owned by Kuwait's Shuaiba Industrial Co in its unit Yanbu Saudi Kuwaiti Paper Products Co for SAR 32.3 million (USD 8.6 million). The transaction allowed the transfer of a 40 percent stake in the paper manufacturer to Yanbu Cement, making it the full owner of the former, according to a bourse filing.
MEA Paper Bags Market Leaders
ENPI Group
Huhtamaki Group
Gulf East Paper & Plastics Group
Golden Paper Cups Manufacturing LLC
Maimoon Papers Industry
*Disclaimer: Major Players sorted in no particular order