GCC Protective Packaging Market Outlook (2018 to 2032)

Year Value
2018 96.66
2019 99.1
2020 91.65
2021 93.07
2022 94.76
2023 96.88
2024 99.12
2025 102.08
2026 105.33
2027 108.7
2028 112.39
2029 115.85
2030 119.18
2031 122.74
2032 125.01
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GCC Protective Packaging Market Outlook (2018 to 2032)

Synopsis
The above chart is GCC Protective Packaging Market Outlook (2018 to 2032)

Market Dynamics

gcc protective packaging market is expected to witness a steady growth over the next ten years due to the increasing demand from end-use industries. with increasing packaging needs for product safety, existing and new packaging materials are gaining market share. along with the steady growth in the packaging sector, several regions of the gcc have implemented new regulations including extended producer responsibility that will focus on recycling and encourage sustainable packaging solutions. the increasing demand for ready-to-eat products has driven the demand for convenience packaging, which is a key factor contributing to the growth of the protective packaging market in gcc. protective packaging provides an absolute barrier of protection from oxygen, moisture, dust, and other environmental hazards. the increasing demand for packaged food and beverages is further driving the demand for protective packaging materials amongst end-users. along with the steady growth in the packaging sector, various technological advancements such as intelligent packaging, innovative materials and automation technology are becoming popular. these technological advancements help in making protective packaging cost-effective. the demand for intelligent packaging solutions is expected to increase with the evolution of iot, ai, and automation solutions. in terms of raw materials, paperboard, plastic, and metal are the popular material types in the gcc protective packaging segment. the region is estimated to be the largest exporter of paperboard and plastic materials for packaging. increasing government regulations to reduce plastics as packaging are expected to impact the segment over the near future. additionally, the recycling of plastic packaging materials is expected to further limit the growth of the segment. to sum up, increasing demand for convenience packaging, along with technological advancements and strict government legislations are anticipated to further drive the protective packaging market in gcc over the next decade.

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