The GCC paper products market was worth US$ 9,593 Million in 2018.
The paper products industry comprises of establishments that are engaged in manufacturing of pulp, paper and paperboard. This industry also includes establishments that use the manufactured paper and paperboard to further convert them into products such as corrugated and solid fiber boxes, folding paperboard boxes, paper bags, cups and plates.
Paper products are extensively used in the packaging of a number of consumer products such as food and beverages, electronics, textiles, cement, etc. Today, they occupy a large share in the packaging industry in the GCC region. This high demand from the packaging industry is driving the growth of the paper products market in the GCC region. Another major factor driving the growth of the paper products industry is the distinctive properties of paper products such as transparency, cost-effectiveness, light weight, easy to handle, etc. due to which they have gained wide acceptance in the GCC region. Moreover, paper products can also be recycled easily, thus, reducing the overall manufacturing cost. Furthermore, regulatory authorities in the GCC region under the influence of environmental concerns are also expected to enforce legislation to ban plastic products in the region. For instance, in June 2018, authorities in Oman, announced plans to phase out traditional plastic bags in the country. Similarly, in 2017, Saudi Arabia announced measures to prohibit 16 types of polypropylene and polyethylene products under 250 microns thick. Other factors driving the demand of paper products in the region include increasing population, rising disposable incomes, growth in the food and beverage industry, etc. Looking forward, the analyst expects the market to exceed US$ 12,055 Million by 2024, growing at a CAGR of around 4% during 2019-2024.
What we Have Achieved in this Report: Comprehensive situation analysis of the GCC paper products market and its dynamics. Identifying all application segments/sub-segments and quantifying their current and future market potential. Identifying the regional markets for paper products in the GCC region and quantifying their current and future market potential. Providing an understanding of key drivers and restraints and their impact on current and future market scenario.
Market Breakup by Product: Paperboard Packaging Market by Product Type (Corrugated Box, Rigid Box, Folding Cartons, Paper Bags and Others) Market by Material Type (Brown Kraft, White Kraft and Others) Market by Application (Food and Beverages, Healthcare, Electrical and Electronic Goods, Personal and Household Care Goods and Others)
Paper Cups Market by Cup Type (Cold Paper Cups and Hot Paper Cups) Market by Wall Type (Single Wall Paper Cups and Double Wall Paper Cups) Market by Distribution Channel (Institutional and Retail) Market by Application (Tea and Coffee, Chilled Food and Beverages, and Others)
Paper Plates Market by Plate Type (Heavy Duty Plates and Medium Duty Plates) Market by Distribution Channel (Institutional and Retail)
Market Breakup by Region: Saudi Arabia UAE Kuwait Oman Bahrain Qatar
Competitive Landscape: The report has also examined the competitive landscape of GCC paper products market. Some of the major players include: Safeer Luxury Pack, Arkan, Middle East paper company, Al Kifah paper products, Al Nawar, Lamina, Golden paper Cups, Unipack Containers & Carton Products, Hotpack, Gulf Carton, Arabian Paper Products Co., etc.
Key Questions Answered in This Report: How has the GCC paper products market performed so far and how will it perform in the coming years? What is the country-wise breakup of the GCC paper products market? Which is the breakup of the GCC paper products market based on the product type? What are the various stages in the value chain of the GCC paper products market? What are the key driving factors and challenges in the GCC paper products market? What is the structure of the GCC paper products market and who are the key players? What is the degree of competition in the GCC paper products market? How are paper products manufactured?
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