UAE Corrugated Board Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.26 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Corrugated Board Packaging Market Analysis
The UAE Corrugated Board Packaging market is expected to register a CAGR of 4.26% during the forecast period. Corrugated packaging is becoming more popular because of the country's growing e-commerce industry penetration, rising environmental consciousness among consumers, and the demand for sustainable packaging options.
- Government and regulatory bodies in the nation are becoming increasingly concerned about sustainable packaging and its financial advantages. This element is also fueling the studied market's expansion. As the government took significant steps to urge citizens to lessen their environmental impact, Abu Dhabi retailers started phasing out plastic packaging from June 2022.
- The population's growing environmental consciousness and demand for convenient, environmentally friendly packaging options (partially offset by new single-use packaging regulations in some countries) contribute to the market's accelerated growth. Other significant factors include the expanding e-commerce market, rising demand for electronic goods, home and personal care products, economic growth, and rising per capita income.
- The country also has a high rate of packaged food and beverage consumption, owing to urbanization and a rising number of tourists and expiates that often prefer safer processed foods. Also, the country has stringent packaging regulations regarding food and beverages. The increasing demand for packaged food in the country is augmenting the demand for corrugated board packaging.
- Sustainable packaging is often more expensive than conventional packaging. Many companies prefer paper packaging as a suitable alternative to plastic and metal as it is on the lighter side, eco-friendly, and recyclable. However, the corrugated packaging industry is facing challenges as the prices of its primary raw material, kraft paper, have started shooting up.
- The COVID-19 pandemic disrupted the supply of raw materials in manufacturing corrugated boxes across the country, consequently affecting prices. The rise in paper prices due to short supply and restriction in imports pushed the cost of corrugated boxes and packaging materials, worrying the industrialists.
UAE Corrugated Board Packaging Market Trends
This section covers the major market trends shaping the UAE Corrugated Board Packaging Market according to our research experts:
Strong Demand from the E-commerce Sector
- To ensure quality, e-commerce packaging is becoming more confidential and efficient. Smaller packaging allows postal and delivery personnel to load more products onto their trucks, enabling low carbon emissions and time savings. Now that more corrugated boxes are arriving on doorsteps rather than in stores, the sector is counting on more people to keep up with recycling.
- According to PMMI, the Association for Packaging and Processing Technologies, the global packaging industry for e-commerce may reach USD 55 billion by this year, registering a CAGR of 14.3%. There are numerous chances to fulfill the requirements of upcoming cutting-edge package designs, especially for corrugated packaging, which might account for more than 80% of e-commerce packaging.
- Corrugated packaging will profit immensely if e-commerce becomes a more significant retail component. Owing to the popularity of e-commerce packaging, corrugated boards are often the preferred material.
- Since online shopping platforms have been overgrown across the region, the demand for tertiary and secondary paper packaging products and corrugated boxes has increased dramatically.
- Post COVID-19 pandemic, the e-commerce industry in the United Arab Emirates is witnessing a significant transformation in consumer behavior. Consumers have increased their usage of e-commerce platforms. This has increased the demand for corrugated boards from e-commerce companies. The growing e-commerce industry will positively impact the corrugated board packaging market.
Food Industry to Witness Significant Growth
- The food industry is one of the country's largest packaging consumers. The country has a high rate of packaged food and beverage consumption, owing to rapid urbanization and an increasing number of tourists and expiates that often prefer safer processed foods. Also, the country has stringent packaging regulations regarding food and beverages.
- Moreover, the increasing demand for packaged food in the country is augmenting the demand for corrugated board packaging. With the growing number of single households requiring more takeaway and delivery food services, the market requirement food service sector has been reshaped, driving the growth of the market studied in the country. For instance, according to Bayt.com, around 26% of consumers in the United Arab Emirates opt for home delivery of food during Ramadan.
- Many companies offer retail-ready packaging of foods, such as snacks, confectionery, and dairy products, aiding the market study's growth. The retail-ready packaging is a significant cost saver for retailers. It is estimated that these secondary packaging formats could reduce shelf restocking and handling costs by up to 50%.
- Furthermore, corrugated cases ship goods to an online retailer warehouse or fulfillment center. There is an emerging trend of weekly or monthly subscription boxes and meal kit services that offer direct-to-consumer delivery of specialist food. This trend has provided a new opportunity for corrugated board suppliers with delivery-friendly formats containing goods within a die-cut interior.
UAE Corrugated Board Packaging Industry Overview
The UAE Corrugated Board Packaging market is concentrated, as various players provide corrugated packaging products for end-users. Some of the key players in the market are Arabian Packaging Co. LLC, Queenex Corrugated Carton Factory, Falcon Pack, World Pack Industries LLC, and Universal Carton Industries LLC. The entry-level barrier is low for this market since the country is increasingly emerging as a startup hotspot in the Middle East. The country has considerable support from government initiatives as a part of its effort to reduce its dependence on the oil and gas industry.
In May 2022, Arabian Packaging Co. LLC, a corrugated packaging company with operations in Dubai's Jebel Ali Industrial Area, made considerable investments in cutting-edge technology and hardware as part of its overall plan. A scalable, fully integrated browser-based solution called ePS Corrugated Business System was created especially for the corrugated manufacturing and display sectors.
UAE Corrugated Board Packaging Market Leaders
Arabian Packaging Co. LLC
Queenex Corrugated Carton Factory
Falcon Pack
World Pack Industries LLC
Universal Carton Industries LLC
*Disclaimer: Major Players sorted in no particular order
UAE Corrugated Board Packaging Market News
- April 2022: DS Smith developed a corrugated cardboard box for the online shipping of medical gadgets. Instead of glued packaging with a single-use plastic insert, a single-material solution was used in the corrugated cardboard box.
- January 2022 - An Indian B2B e-commerce company, Moglix, expanded its operations to the United Arab Emirates. The company offered corrugated board packaging to various countrywide businesses, among other industrial offerings. The company also invested in streamlining its offerings across multiple customers in the country, like food and beverages, e-commerce, e-pharma, and logistics.
UAE Corrugated Board Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions And Market Definition
1.2 Scope Of The Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness- Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of Substitute Products
4.4 Assessment Of The Impact Of COVID-19 On The Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Adoption of Lightweighting Materials and Scope for Printing Innovations Propelling the Growth in End-user Segments, such as Electronics and Personal Care
5.1.2 Strong Demand from the E-commerce Sector
5.2 Market Restraints
5.2.1 Concerns over Material Availability and Durability of Corrugated Board-based Products
6. UAE PACKAGING LANDSCAPE
6.1 Current Market Scenario
6.2 Demand Analysis, By Type of Material
6.3 Demand Analysis, By End-user Industry
7. MARKET SEGMENTATION
7.1 By Product Type
7.1.1 Slotted Containers
7.1.2 Die Cut Containers
7.1.3 Five Panel Folder Boxes
7.1.4 Setup Boxes
7.1.5 Other Product Types
7.2 End-user Industry
7.2.1 Food
7.2.2 Beverage
7.2.3 Electrical Goods
7.2.4 Personal Care and Household Care
7.2.5 Other End-user Industries
8. IMPORT - EXPORT ANALYSIS
8.1 Major Importing Countries (2017-2021)
8.2 Major Exporting Countries (2017-2021)
9. COMPETITIVE LANDSCAPE
9.1 Company Profiles
9.1.1 Arabian Packaging Co. LLC
9.1.2 Queenex Corrugated Carton Factory
9.1.3 Falcon Pack
9.1.4 World Pack Industries LLC
9.1.5 Universal Carton Industries LLC
9.1.6 Green Packaging Boxes IND. LLC
9.1.7 Express Pack Print
9.1.8 Tarboosh Packaging Co. LLC
9.1.9 Unipack Containers & Carton Products LLC
9.1.10 Al Rumanah Packaging
9.1.11 Al Salam Carton manufacturing LLC
- *List Not Exhaustive
10. INVESTMENT ANALYSIS
11. FUTURE OF THE MARKET
UAE Corrugated Board Packaging Industry Segmentation
Corrugated board packaging is a flexible and economical way to safeguard and transport various goods. Attributes such as lightweight, biodegradability, and recyclability are the key advantages of this packaging that make it an essential component in modern life.
The UAE Corrugated Board Packaging Market is Segmented by Product Type (Slotted Containers, Die Cut Containers, Five Panel Folder Boxes, Setup Boxes, and Other Product Types) and End-user Industry (Food, Beverage, Electrical Goods, Personal Care and Household Care, and other End-user Industries). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.
| By Product Type | |
| Slotted Containers | |
| Die Cut Containers | |
| Five Panel Folder Boxes | |
| Setup Boxes | |
| Other Product Types |
| End-user Industry | |
| Food | |
| Beverage | |
| Electrical Goods | |
| Personal Care and Household Care | |
| Other End-user Industries |
UAE Corrugated Board Packaging Market Research FAQs
What is the current UAE Corrugated Board Packaging Market size?
The UAE Corrugated Board Packaging Market is projected to register a CAGR of 4.26% during the forecast period (2024-2029)
Who are the key players in UAE Corrugated Board Packaging Market?
Arabian Packaging Co. LLC, Queenex Corrugated Carton Factory, Falcon Pack, World Pack Industries LLC and Universal Carton Industries LLC are the major companies operating in the UAE Corrugated Board Packaging Market.
What years does this UAE Corrugated Board Packaging Market cover?
The report covers the UAE Corrugated Board Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UAE Corrugated Board Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Corrugated Board Packaging Industry Report
Statistics for the 2024 UAE Corrugated Board Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Corrugated Board Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
