GCC Paper & Paperboard Packaging Market Outlook

The demand for paper and paperboard packaging products in the gcc (gulf cooperation council) region is expected to grow at a great rate from 2018 to 2032. this is driven by rising living standards, favorable macroeconomic conditions, and an increased demand for convenience from customers. the gcc region is a hub of key retail markets in the middle east and north africa, and has experienced an inflow of increased spending power among the population, which is driving the growth of the paper and paperboard packaging market. the strong demand for paper and paperboard packaging is also due to the rising consumption of packaged goods and fast food, as it is convenient and cost-effective for the customers and retailers alike. moreover, the high demand for packaged goods has also pushed up the demand for consumer goods packaging, such as paperboard boxes, which are lightweight and versatile. furthermore, with the growing e-commerce sector in the gcc region, retailers are using paper and paperboard packaging to protect goods during transportation. in addition to the expanding e-commerce sector, the evolving way of grocery shopping has further enhanced the demand for paper and paperboard packaging. with the growing popularity of online grocery stores, customers have become fond of the convenience that it offers, especially during the pandemic. this has further increased the demand for paper and paperboard packaging products. moreover, the growth of the paper and paperboard packaging market in the gcc region is bolstered by government initiatives, such as saudi arabia’s paper and packaging strategy, and uae’s paper and paperboard packaging strategy, which have reduced the dependence of the region on imports. these plans have encouraged local production of paper and paperboard packaging products, thus creating more opportunities for local manufacturers. overall, the demand for paper and paperboard packaging products in the gcc region is expected to experience significant growth from 2018 to 2032. this is driven mainly by rising living standards, a growing e-commerce market, increased demand for convenience, and government initiatives that have reduced the reliance on imports. these factors will enable the gcc region to maintain its position as a key retail market in the middle east and north africa.