Market Share of United Arab Emirates Plastic Packaging Industry
The market for Plastic Packaging in the United Arab Emirates is moderately consolidated and is expected to attain a higher degree of competitiveness owing to the increasing investments, new players, and growing applications in end-user industries. Major players have adopted product launches, collaborations, and acquisitions to sustain the intense market competition. Some of the key players in the market include Amber Packaging Industries, Huhtamaki Flexibles UAE, Mondi Group, Arabian Flexible Packaging LLC, and Hotpack Packaging Industries LLC among others.
- October 2022: Al Huraiz Packaging Industry (AHP), a significant corrugated carton producer in the UAE, has been acquired by Hotpack Global, a prominent food packaging maker specializing in plastic products in the area. Hotpack adds a 14th production facility to its worldwide portfolio after purchasing Al Huraiz Packaging. To quadruple the manufacturing capacity at this site, Hotpack invests an additional AED 100 million (USD 27.22 million).
- February 2022: Al Bayader International, a manufacturer, and provider of packaging and cleaning solutions in the UAE announced a new business division created especially for the food industry. These solutions are a part of a more extensive portfolio of inventive food solutions that the new F&B division of the corporation has developed via intensive research and development. Al Bayader International's food section expands its present F&B packaging business to offer a one-stop shop for the industry.
UAE Plastic Packaging Market Leaders
Amber Packaging Industries LLC
Huhtamaki Flexibles UAE
Arabian Flexible Packaging LLC
Hotpack Packaging Industries LLC
Mondi Group
*Disclaimer: Major Players sorted in no particular order
