Market Share of Middle East and Africa Pulp and Paper Industry
The industry for pulp and paper in the Middle East and African region is competitive. The major factors governing this market are a sustainable competitive advantage through innovation, levels of market penetration, barriers to exit, power of competitive strategy, and firm concentration ratio.
- In June 2022, Mondi sold Nitto Denko Corporation, its Personal Care Components business (PCC). The sale allows Mondi to streamline its holdings and concentrate on its strategic goal of expanding. Mondi is far along in the appraisal of an investment in a new 200,000-ton kraft paper plant at one of the cost-effective locations for an anticipated total of EUR 350 million (~USD 372.3 million). This will enable the business to meet the rising demand for eco-friendly paper-based flexible packaging and expand its pulp operations.
MEA Pulp & Paper Market Leaders
Westrock Company
International Paper Company
Lions Gate Paper & Pulp
Sappi
Billerud
*Disclaimer: Major Players sorted in no particular order
